News from the North Sea from Bridge Energy, Faroe Petroleum, Lundin Petroleum and E.ON.Transocean Arctic will drill the Amol prospect (Image: Petroleum Safety Authority of Norway)Bridge EnergyJunior North Sea explorer Bridge Energy has said…
Chevron Corp. conducted a successful production test on the St. Malo PS003 well in the Lower Tertiary trend in the deepwater Gulf of Mexico. Oil flow rates, though limited by testing equipment constraints, exceeded 13,000 b/d. Click to view largerThe test…
Centrica Energy has started production on its southern North Sea York gas field.The York Platform (Image: Centrica)The field, 100% owned by Centrica Energy Upstream, is being produced by a normally unmanned installation and is expected to produce about 120mmscf/d of gas at its peak…
McDermott International Inc. announced that Tony Duncan will join the company as Vice President and General Manager, Subsea on 1 April 2013.Tony Duncan (Image: McDermott)“In this role, Tony is responsible for driving and growing our global Subsea business…
Australian-listed exploration firm FAR says prospects offshore Kenya and Senegal “much larger than we originally assessed”.Announcing the outcome of updated prospective resource estimates following the completion of internal technical studies…
Maersk to develop ultra-deep rigs for 20KTMHarsh environment jack-up Maersk EndurerMaersk Drilling and BP announced they will jointly develop concepts for deepwater drilling rigs capable of operating in HPHT reservoirs up to 20,000 psi and 350 degrees Fahrenheit…
Carrizo Oil & Gas has agreed to sell its wholly-owned subsidiary, Carrizo UK Huntington, and its 15% interest in the North Sea Huntington field for US$184 million in cash to Calgary-based Iona Energy. The Houston-based explorer expects to net $116 million from the sale…
Angola project to produce 150,000 b/d of oil PSVM Project (Image: BP)Production had begun from BP and Sonangol's PSVM development in Block 31, off Angola, the partners confirmed on 1 February 2013.Three wells at the Plutao field are…
Although Papua New Guinea has a strong economy resulting from exploitation of its extensive petroleum deposits and abundance of other natural resources ranging from minerals to forest products, the nation is one of the least developed countries in the Asia Pacific region…
Egypt approves Dana's Nefertiti development The Egyptian government has approved Dana Petroleum's plan to develop the Nefertiti oil field in the Gulf of Suez, the company announced on 29 January 2013.The lease was approved 20 January…
Licensing round awards three deepwater blocksClick to view larger mapA consortium made up of Eni and Kogas has won three deepwater blocks during the Republic of Cyprus' second offshore licensing round, Eni announced on 24 January 2013.The consortium walked away with Blocks 2…
Ex-Saipem CEO appointed Samsung Offshore COO Michel LaineSamsung Engineering has appointed Michel Lainé as chief operating officer of its newly established offshore segment, effective December 20, 2012.Lainé’s career in offshore began in 1982 with ETPM…
McDermott, Allseas lock subsea pipeline FEEDMozambique mapMcDermott International, Inc. announced that one of its subsidiaries has teamed up with industry leader Allseas to provide a robust project execution strategy for the front-end…
Proserv workerAMEC has chosen Proserv to supply topside control equipment for GDF Suez's Cygnus field development on the southern North Sea, Proserv announced on 8 November 2012.Under the terms of the $1.9 million contract, Proserv will supply the design…
Sverdrup appraisal to probe depth, thicknessBredford DolphinLundin Petroleum AB announced that the wholly owned subsidiary Lundin Norway AS has commenced the drilling of appraisal well 16/3-5 in PL501 on the Johan Sverdrup discovery…
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