French giant Total and the National Iranian Oil Co. (NIOC) have entered into a heads of agreement (HoA) for the development of phase 11 of the giant South Pars project, in the Persian Gulf. Pouyanné…
Marine Scotland announced the award of two marine licenses in support of Aberdeen Harbour’s major plans to expand its facilities into Nigg Bay, to the south of the existing harbor. Issued under the Marine (Scotland) Act 2010, the licenses…
Bahrain authorities have invited Eni to study and assess the potential of some exploration and production assets in the country. To this purpose four agreements have been signed between the Bahrain Petroleum Co. (Bapco), Tatweer Petroleum and Eni…
Norway’s Petroleum Safety Authority (PSA) has granted Statoil consent to use the Huldra facility in a cold phase in production license 051 and 052B in the North Sea. The consent applies to the use of the facility in a cold phase, after the wells have been permanently plugged and abandoned…
The 2016 development drilling program offshore southern Vietnam on the Te Giac Trang (TGT) Field of Block 16-1 has commenced, announced SOCO. The infill wells, TGT-27P and TGT-28P, will be batch drilled with the first well spudded on…
The Canada - Nova Scotia Offshore Petroleum Board (CNSOPB) has not received any successful bids for its Call for Bids NS16-1 issued on 2 May 2016. The parcels are no longer up for bid and remain as Crown land. The next Call for Bids (NS17-1) will be issued in spring 2017…
In this video, Chevron shows the process it took for its Alder HPHT field to reach first gas, 41 years after in was discovered. Chevron’s high-pressure, high-temperature (HPHT) gas condensate Alder field in the Central North Sea started production this week…
Dallas-based Kosmos Energy posted a net loss of US$59.8 million in Q3, however, is moving forward with its plans for a multi-well drilling program next year. Image of the Atwood Achiever, from Atwood…
As the industry heads into the third year of the downturn, market fundamentals for the deepwater segment continue to fight strong headwinds, Rystad Energy says. But, is 2018 the light at the end of the tunnel for the floating rig market? Utilization…
Chevron started production at the high-pressure, high-temperature (HPHT) gas condensate Alder field in the Central North Sea that will help extend the field life of Britannia. Image of the installation of the Alder subsea isolation valve…
Quadrant Energy has spudded the Phoenix South-2 well within the WA-435-P exploration permit in the North West Shelf of Australia. Joint venture partner Carnarvon Petroleum said the well has been drilled down to approximately 1500m depth…
Lamprell delivered the Ensco 141 jackup drilling rig to Ensco Intercontinental GmbH. The contract for the Ensco 141 rig was signed in April 2014 and is the second rig with the LeTourneau Super 116E (Enhanced) Class design Lamprell has delivered to the Ensco subsidiary…
SeaBird Exploration will use the Osprey Explorer for an upcoming ocean bottom seismic survey in Gulf of Guinea. The project is anticipated to start in late Q4 2016 and will have a duration of approximately two to three months.
Farstad Shipping and a company in the Siem Industries group have entered into a non-binding letter of intent for the financial restructuring of Farstad Shipping, with Siem or a fund managed by Siem as a key equity investor. In accordance with the letter of intent…
VNG Norge and its partners in PL586 will develop the Pil & Bue discoveries using a subsea installation tied back to the Njord A platform in the Norwegian Sea. Map of Pil & Bue, from VNG Norge. In…
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