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Hurricane spuds Lincoln probe, aims for 250 MMbbl unrisked

Nov 09, 2016

UK-based basement explorer Hurricane Energy has spudded its latest well West of Shetland. The firm, which recently completed the successful Lancaster 7 appraisal spudded the Lincoln well on 8 November, the firm said. The Lincoln well…

Statoil paves way for Njord Future Project

Nov 09, 2016

Statoil has been given approval to carrying out various well activities on the Njord field in the Norwegian Sea, about 130km north of Kristiansund. The Njord field has been developed using a semisubmersible drilling, accommodation and production facility…

SAE nets ocean bottom contract

Nov 09, 2016

Houston-headquartered SAExploration has won a ca.US$35 million contract to provide a 3D deepwater ocean-bottom marine project in West Africa. SAE expects to initiate this project in late 2016 and complete it in Q1 2017. The project will…

New Age looks at Etinde options

Nov 08, 2016

New Age is continuing the evaluation of development options, including scope for early-stage development plans for the Etinde concession, offshore Cameroon, according to partner Bowleven. Image of the Etinde area…

Wintershall spuds Shuwaihat off Abu Dhabi

Nov 08, 2016

Wintershall has spudded its first offshore well for the Shuwaihat project, off Abu Dhabi.  Image from Wintershall. The Shuwaihat field is situated in the western region of Abu Dhabi…

OMV to sell subsidiary for US$1 billion

Nov 08, 2016

OMV has entered a deal to sell its UK subsidiary, OMV UK, to Siccar Point Energy for up to US$1 billion in a move that will see the Austrian company give up its stake in the Chevron-operated Rosebank deepwater project in the North Sea. Image from OMV…

Statoil to use Scarabeo 5 at Njord

Nov 08, 2016

Norway’s Petroleum Safety Authority (PSA) has granted Statoil consent to use the Scarabeo 5 semisubmersible rig for well activities on the Njord field, in the Norwegian Sea. Statoil is the operator at Njord, around 130km north of Kristiansund…

CorPower gets WaveBoost grant

Nov 08, 2016

CorPower Ocean was awarded a US$4.4 million (€4 million) grant by the European Commission (EC) for its WaveBoost project.  The grant will support a three-year innovation program targeting significant improvements in the reliability and…

NOIA pursues financial, bonding info from BOEM, DOI

Nov 08, 2016

The National Ocean Industries Association (NOIA), the Independent Petroleum Association of America (IPAA), the Louisiana Mid-Continent Oil and Gas Association (LMOGA), and the Gulf Economic Survival Team (GEST) have submitted Freedom of Information…

DONG to exit oil and gas

Nov 08, 2016

Denmark’s DONG Energy has decided to exit the oil and gas business, to focus its efforts on renewables. Image from DONG Energy. “We have decided to initiate a process with the aim of ultimately exiting from our oil and gas business…

Total, NIOC ink South Pars HoA

Nov 08, 2016

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…

Aberdeen Harbour expansion moves forward

Nov 08, 2016

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…

Eni to evaluate Bahrain potential

Nov 07, 2016

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…

Statoil to use Huldra in cold phase

Nov 07, 2016

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…

PVD spuds well, TGT campaign begins

Nov 07, 2016

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…

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