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Anadarko discovers pay at Shenandoah appraisal

Mar 14, 2017

Anadarko has hit wet Wilcox sands at its Shenandoah prospect in the Gulf of Mexico, according to partner Cobalt International. Ocean Blackhawk. Image from Diamond Offshore. The…

Anadarko eyes 10 deepwater wells in 2017

Mar 08, 2017

Anadarko is planning to drill up to 10 exploration/appraisal wells in the deepwater Gulf of Mexico, Côte d'Ivoire, and Colombia this year, the company announced today (8 March). Anadarko CEO Al Walker…

CERA17: 'Lower for longer – but not forever'

Mar 14, 2017

BP’s Group Chief Executive Bob Dudley said the words that many in the crowd at CERAWeek by IHS Markit have longed to hear, “Lower for longer, but not forever,” he told moderator Daniel Yergin. Dudley…

PSA examines Gullfaks B lifting incident

Mar 09, 2017

The Petroleum Safety Authority Norway (PSA) has launched an investigation into a lifting incident involving pipehandling on the Gullfaks B facility in the North Sea on 7 March 2017. Part of the Eagle Arm crane on this platform came loose and fell to the pipedeck…

Ocean Rig reaches Eirik Raude settlement

Feb 24, 2017

Ocean Rig has reached a US$25 million settlement agreement with Premier Oil and Noble Energy over disputed invoices for the Eirik Raude semisubmersible. Image of the Eirik Raude, from Ocean Rig…

Shell eyes GoM composite HP spool

Feb 27, 2017

Dutch technology firm Airborne Oil & Gas has been awarded a qualification program from Shell for a high-pressure, deepwater thermocomposite pipe (TCP) jumper spool. Its first application is anticipated in the Gulf of Mexico region. The TCP jumper spool will be manufactured using carbon fibre…

BP production on the rise

Feb 28, 2017

BP’s five-year plan has revealed the next wave of its competitive projects with potential new final investment decisions (FID), a list of several offshore projects set to come online this year, and eight projects that are currently under construction set for start-up in 2018-2021…

Waiting for the bright side

Mar 01, 2017

2016 was a year of huge challenges for the offshore drilling rig sector as the low oil price environment and reduced E&P spending continued to bite. Stephen Gordon, of Clarksons Research, charts the state of the market, which is arguably facing some of its toughest times since the 1980s…

Repsol cleared to drill deepwater Stordal probe

Mar 03, 2017

Spain's Repsol has cleared a hurdle to drill the Stordal prospect in the Norwegian Sea using Transocean's semisubmersible drilling rig Transocean Spitsbergen. The Petroleum Safety Authority has given the firm permission to drill the Stordal well 6705/7-1 in 1410m water depth…

ExxonMobil eyes 2017 Liza FID, first oil 2020

Mar 02, 2017

ExxonMobil is looking to make a final investment decision on its Liza discovery offshore Guyana this year, with first oil expected by 2020, less than five years since its discovery. In an investor presentation yesterday (1 March), the…

The lifting business

Mar 01, 2017

Audrey Leon chats with Schlumberger, Baker Hughes and Weatherford to learn about the latest technologies available for artificial lift. Dedicated Schlumberger surveillance engineers monitor alarms to prevent or mitigate adverse events…

Equatorial Guinea extends licensing round

Feb 28, 2017

Equatorial Guinea's Ministry of Mines and Hydrocarbons has extended the closing date of its 2016 Licensing Round, due to a 'wave of new exploration interest' thanks to a more positive outlook in the industry.  The round, offering 'all…

Spectrum drops Multiclient Geophysical offer

Feb 15, 2017

Norway’s Spectrum has dropped out of the race to acquire MultiClient Geophysical, after Geoex offered a bigger price tag for the company in a back and forth battle. Following Geoex’s announcement on 2 February of an increased offer price of NOK 1…

Repsol lines up Stordal spud

Feb 23, 2017

Spain's Repsol has been given the green light to drill a well on the Napoleon North license in the Norwegian Sea using the Transocean Spitsbergen Drilling rig. The Norwegian Petroleum Directorate says well 6705/7-1, targeting the Stordal prospect…

Fugro bags Kenyan seabed survey

Feb 21, 2017

Fugro has been awarded a contract by Shell/BG Kenya for the execution of a seabed survey to detect natural leakages of hydrocarbons. The seeps survey complements a seismic exploration program that was completed recently offshore Kenya. Image…

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