Wintershall Norge has made a small oil discovery on the Imsa prospect in wildcat well 6406/2-8 in production license 589 in the Norwegian Sea, 190km northwest of Kristiansund. Image from Wintershall…
UAE-based rig builder and fabrication firm Lamprell has been awarded a jackup construction contract by Abu Dhabi's National Drilling Co. (NDC). Image of the Muhaiyimat for National Drilling Co…
UK-based distributed acoustic sensing technology firm OptaSense has partnered with Weatherford International to form a strategic alliance to deliver integrated optical sensing solutions designed to optimize well planning, construction and production across the asset lifecycle…
Statoil spudded the Bister exploration well 6407/8-7 in the Norwegian Sea, says Aberdeen-based exploration firm Faroe Petroleum. Map from Faroe. The Bister prospect is in production license 348/C…
Ophir Energy is to commission 2D and 3D seismic with a view to drilling on 2016-17 on four deepwater production sharing contracts (PSCs) in Indonesia it has now acquired from Niko Resources. Image from Ophir…
EPCI contractor McDermott International and Accra, Ghana-based Hydra Offshore Group have joined forces to create a new joint venture called, McDermott Marine Construction Ghana Limited (MMCGL), focused on opportunities offshore Ghana. McDermott's partner…
This year, Pakistan, Egypt, Jordan and Uruguay plan to begin importing natural gas via floating storage and regasification unit (FSRU) vessels. The vessels are a solution to the challenge of importing liquefied natural gas (LNG) into areas…
The latest EIC Monitor report once again shows a significant decline in the levels of contracting activity across the global upstream sector in Q1 2015. Despite the overall number of contracts being awarded dropping, the value of some is substantial…
Keynvor MorLift (KML) added a second Saab Seaeye Cougar XT to their ROV fleet. Cougar XT ROV with detachable tooling skid. From KML. This new addition comes fully containerized and can be easily transported…
London-based explorer Sterling Energy started a 1250sq km 3D seismic survey on the Ambilobe Block, offshore Madagascar. The acquisition is being undertaken by CGG Services, on behalf of the Ambilobe Block joint venture partners, and completion is expected within 45-50 days…
Dallas-based explorer Kosmos Energy’s Tortue-1 exploration well offshore Mauritania, western north Africa, has made a “significant, play-opening” gas discovery. Tortue-1 was drilled in 2700m water depth, 285km southwest of Mauritanian capital Nouakchott…
A tribunal has rejected a bid by the Ivory Coast to stop oil and gas exploration and development activities in a disputed area between its waters and offshore Ghana. The ruling paves the way for UK-headquartered Tullow Oil to continue with its TEN Project offshore Ghana…
Baker Hughes Inc. issued its international rig count that showed 1251 rigs operating worldwide in March 2015 outside of the US and Canada. Unsurprisingly, global rig counts have dropped significantly due to an approximate 50% drop in crude oil prices since 2014…
Premier Oil's Isobel Deep 14/20-1 well in the North Falkland Basin has been suspended and the blowout preventer (BOP) stack recovered after an equipment malfunction. Partner Rockhopper Exploration said Friday that, while repairs are carried out…
IPB Petroleum has entered the secondary term of its WA-424-P exploration permit as operator with a 100% working interest. The company applied and has received approval from the Joint Authority for a variation of the permit’s secondary term work program (permit years 4 to 6 inclusive)…
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