Gullfaks was Statoil’s first field where the company was both developer and operator. Since production started 30 years ago on 22 December 1986, 2.6 billion bbl have passed the loading buoys. Image of Gullfaks C on its way to the field in 1989…
BP is set to continue running one of the world's largest oilfields after a letter of intent for the 'contract of the century' was signed off by Azerbaijan's state oil firm Socar. BP leads the Azerbaijan International Operating Co. (AIOC)…
Germany's DEA is acquiring participating interests in seven licenses in the Njord area of the Norwegian Sea, including 20% increased interest in the Njord field, from Engie E&P Norge. The agreement with France's Engie E&P Norge includes: 20% in the Njord field (PL107 and PL132)…
Aker BP is considering development options for its Langfjellet discovery in the Norwegian North Sea after completing three appraisal wells on the field, according to the Norwegian Petroleum Directorate (NPD). The discovery, initially estimated at 24-74 MMboe…
Mexico is delaying the country’s shallow water bid round, Round 2.1, by three months in a move that regulators hope will garner more participation, increased competition and investments. Image of Mexico's deepwater round…
Hoover Ferguson Group (Hoover Ferguson), a provider of container, workspace and packaging solutions for the energy and petrochemical industries and general industrial enterprises, has acquired the rights and obligations of Uniteam Holding’s (Uniteam’s) offshore container rental business…
Maersk Supply Services has confirmed that two of its vessels have sunk off the coast of France today (22 December), while being towed to a Turkish shipyard for recycling. Image of one of the vessels that sunk off the coast of France…
The Norwegian Petroleum Directorate (NPD) has granted Eni Norge a drilling permit for wellbore 7318/12-1, cf. Section 8 of the Resource Management Regulations. Well 7318/12-1 will be drilled from the Scarabeo 8 drilling facility. The…
The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum a drilling permit for well 16/2-22 S, cf. Section 8 of the Resource Management Regulations. Well 16/2-22 S will be drilled from the Deepsea Atlantic drilling facility in position 58°55’33…
BP has withdrawn its environment plan that was submitted to Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) for the Great Australian Bight, offshore South Australia earlier this week. The recent…
Lamprell completed the construction on the jackup drilling rig, Al Gharbia, and its delivery to Abu Dhabi’s National Drilling Co. (NDC). Completion and delivery of the jackup rig, on time and on budget, was marked at an inauguration ceremony…
BW Offshore and the BW Group entered into agreement to acquire 66.67% of the Dussafu production sharing contract offshore Gabon. Subject to closing of this first transaction, the partnership has secured a right to acquire a further 25% of the Dussafu license…
Houston's Vaalco Energy is back online at the South Tchibala 2-H well after utilizing a hydraulic workover unit to replace a failed electrical submersible pump (ESP) system, offshore Gabon. Image from Vaalco…
A new decommissioning action plan launched today by the Scottish government’s economic development agencies hopes to help Scotland’s oil and gas sector take advantage of the estimated £17.6 billion forecast by Oil & Gas UK to be spent on…
Total and Petrobras have agreed to work together on exploration and upstream technology, which will see Total become a partner on two pre-salt licenses in the Santos Basin. Image from Total. The licenses are the BMS-11 license…
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