French operator Engie E&P has increased its resource estimate for the Cara field in the Norwegian sector of the North Sea and reached a 'concretization decision,' or feasibility decision gate, on the field. Engie says Cara contains 56-94 MMboe…
The UK’s remaining petroleum reserves could sustain offshore production for at least the next 20 years and beyond, if additional undeveloped resources can be matured, says the UK's Oil and Gas Authority’s (OGA). In a report “UK Oil and Gas: Reserves and Resources…
Fugro has teamed up with Amplified Geochemical Imaging (AGI) to acquire offshore hydrocarbon seep data in advance of Canada’s 2018 east coast bid round. Bathymetry, backscatter and water column anomaly data will be collected to pull together…
Drilling operations have started on the Tambar development project in the producing Tambar field offshore Norway, says partner Faroe Petroleum. The Tambar and Tambar East Unit fields are satellite fields, about 16km southeast of the Ula field in the Norwegian North Sea…
Premier Oil's Catcher development is on track for first oil by the end of the year with the project's floating production vessel now moored in field. The BW Catcher vessel, built at the Keppel Shipyard in Singapore, and owned and operated by BW Offshore…
Equatorial Guinea's Ministry of Mines and Hydrocarbons, Ophir Energy and national oil firm GEPetrol have signed a new production sharing contract (PSC) for Block EG-24 offshore Rio Muni. Block EG-24 (formerly Block EG-20 and Block M)…
Tendering for a floating production unit and subsea systems for the SNE project offshore Senegal is set to start later this year, Cairn Energy says. The project, which has seen 2C resources increase from 473 MMbbl to 563 MMbbl, with 1 Tcf of gas resource…
The Norwegian Petroleum Directorate has granted Bayerngas Norge a drilling permit for well 35/9-13 in the Northern North Sea. Well 35/9-13. Map from NPD. Well 35/9-13 will be…
MHWirth has taken a 20% stake in Norwegian technology firm Electrical Subsea & Drilling in exchange for technology it has developed in well barrier technology for blow out preventers. Electrical Subsea & Drilling (ESD) is working on the…
Operator Statoil has decided to side-track the Verbier exploration well in the Moray Firth of the UK North Sea, despite reaching a water bearing reservoir in the original target. Wireline log data suggested indications of the potential…
Cairn Energy has discovered hydrocarbons at its SNE North-1 wildcat well offshore Senegal, as well as oil in a deeper secondary objective, marking the end to the company’s five-well drilling campaign for the year. Map of the SNE field…
The Isle of Man has launched an offshore licensing round for acreage that has not been reviewed in more than 20 years. Isle of Man. Image from iStock. Earlier this week, the…
Statoil's Verbier exploration probe in the Moray Firth has disappointed, with the well intersecting a water bearing reservoir at target depth. Partner Jersey Oil & Gas, with 18% interest in well 20/05b-13, on license P.2170 license in blocks 20/05b and 21/1d…
The Catcher floating production, storage and offloading (FPSO) vessel has set sail for the UK to work on Premier Oil's Catcher field. The unit, built at the Keppel Shipyard in Singapore, and owned and operated by BW Offshore, is expected to reach UK waters early in Q4…
Beerenberg has signed a frame agreement with Wintershall for the delivery of insulation, scaffolding, and surface treatment services on the Brage installation, offshore Norway. The four-year agreement includes three options of two years’ extension and is expected to have a value of US$2…
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