UK-based exploration firm Ithaca Energy has agreed farm-out deals with Edison International and Shell on North Sea blocks. Shell is to take a 50% stake from Ithaca in production license P2048, covering central North Sea blocks 29/24, 29/25…
New uses for present technology with new equipment to further effectiveness The Coiled Tubing and Well Intervention Conference, sponsored by ICoTA, the Intervention and Coiled Tubing Association, was held in late March in The Woodlands Conference Center north of Houston…
The Gazprom Management Committee took note of the progress with the program for hydrocarbon resources exploitation on the Russian Federation shelf until 2030. It was mentioned that the Russian continental shelf was a region of the company's strategic interest…
The Norwegian Petroleum Directorate awarded Statoil AS a drilling permit for well 6608/11-8, production license 128 in the Norwegian Sea, the agency announced on May 22, 2013. The well will be drilled from the Songa Trym drilling facility at position 66° 07' 39…
Natural gas production will begin this year from the Kirinskoye gas and condensate field under the Sakhalin III project, Gazprom announced.Kholmsk, Sakhalin Region (Image: Gazprom)The announcement followed a meeting between Alexey Miller, Chairman of Gazprom's management committee…
Ocean Installer won a contract from Shell UK for umbilical installation at the Bittern field, blocks 29/1a & 1b in the UK sector of the central North Sea, 200km east of Aberdeen. The company will install two new static umbilicals of 20.7km and 1…
Neftegaz America Shelf LP (Neftegaz), an indirect independent subsidiary of Rosneft, acquired 30% interest in 20 ExxonMobil exploration blocks in the deepwater Gulf of Mexico (GOM). ExxonMobil remains operator with 70%. The blocks are about 111…
Independent E&P firm Ithaca Energy has said it has agreed a farm-out deal with Shell UK, reducing its exploration spending commitments in the UK North Sea by $45million. The deal relates to licence P1792 containing the Beverley prospect…
Nexans has been awarded the production of the world’s deepest direct electrical heating (DEH) system by Subsea 7 for Chevron’s affiliated operated Lianzi field offshore Angola/Republic of Congo The Lianzi development will include the…
Petrovietnam gave an overview of its operations and plans for future development at the Offshore Technology Conference in Houston today. The company seeks to grow to meet the expanding energy needs of Vietnam. Dr. Do Van Hua, president and CEO of Petrovietnam…
Brazil's state-owned oil and gas company Petrobras will sell its 20% stake in BP's Gila prospect in the US Gulf of Mexico, the company announced on 29 April 2013. Petrobras signed a Sale and Purchase Agreement (SPA) for its stake in exploratory blocks KC 49…
After comprehensive third-party testing, Trelleborg Sealing Solutions now has 20 best-in-class materials qualified to stringent API and ISO specifications. The wide range of approved compounds, from elastomers to PEEK and PTFE based compounds…
Bergen-based explorer Rocksource said this morning that its exploration well on the Storbarden prospect will be plugged and abandoned after finding no hydrocarbons. The well was drilling on PL 506S in the Norwegian sector of the North Sea using the Borgland Dolphin drilling rig…
ExxonMobil Canada Properties has released the option for Kvaerner's joint venture company Kiewit-Kvaerner Contractors to provide the full scope of engineering, procurement and construction (EPC) services for the Hebron Project gravity based structure (GBS)…
Bridge, the Oslo Børs and AIM listed oil and gas exploration and production company, is pleased to announce that the drilling of exploration well 6406/6-3 has commenced. The well will target the Mjøsa gas prospect, which is located 10 km northeast…
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