Woodside Petroleum is accusing Far Ltd. of not supporting its arrangement to undertake development work at the SNE oil field offshore Senegal, however Far has responded fairly quickly, disputing Woodside’s claim. Map of SNE…
Classification and technical services provider ABS has granted an Approval in Principal for Chiyoda Corp.’s floating liquefied natural gas (LNG) power plant and floating storage and regasification unit design concept. ABS said the concept…
Norwegian authorities have approved Statoil’s estimated US$2.3 billion (NOK20 billion) plan of development and operation (PDO) for the Njord and Bauge fields in the Norwegian Sea. Source: Statoil Statoil…
BP’s corporate investing arm BP Ventures has awarded US$20 million in Series B funding to artificial intelligence (AI) and cognitive computing firm Beyond Limits to adapt and deliver industrial-grade AI software, used in deep space exploration…
ExxonMobil has signed a production sharing contract (PSC) with the government of Equatorial Guinea for a deepwater block located 36mi west of the country's capital city, Malabo. Exxon will operate deepwater Block EG-11 with 80% working interest…
Petrobras shared innovations and efficiency gains related to the Libra field at the Offshore Technology Conference (OTC) in Houston. Petrobras says collaboration between Libra area partners has produced a US$13/bbl reduction to the project's breakeven price…
Ophir Energy's Fortuna LNG development is a step closer to reality after signing an umbrella agreement, which sets out the legal and fiscal framework for the project. Ophir, the Republic of Equatorial Guinea, OneLNGSA and La Compañía…
Cairn Energy has encountered oil at the Vega-Regulus (VR-1) well offshore Senegal, marking the company’s eighth successful well in the area since 2014. The Stena DrillMAX, from Stena. The…
Operator Engie E&P Norge has awarded contracts to TechnipFMC and Aker Engineering and Technology for feasibility studies for the Cara project in the Norwegian part of the North Sea. The studies intend to show the potential, challenges and opportunities at an early stage of the development…
Test production from the Rolvsnes or Edvard Grieg South (EGS) discovery offshore Norway is expected to start in 2019, according to Rex International Holding, which holds a 30% stake in the license through subsidiary Lime Petroleum. Map of PL338C…
Trelleborg’s engineered products operation recently completed a milestone project for BW Offshore for the complete in-house design and fabrication of floating production, storage and offloading (FPSO) elastomeric bearing structures. Supplied to Premier Oil's Catcher FPSO in 2016…
North Sea independent explorer Jersey Oil & Gas says the Verbier prospect, due to be drilled by Statoil this summer, contains 162 MMboe mean prospective resources. The estimate - and increase on a previous 118 MMboe estimate - was made…
Statoil submitted development plans for two Norwegian Sea fields that are set to come onstream in 2020, with an investment of some US$2.3 billion (NOK 19.8 billion). The Bauge discovery will be tied in to the upgraded Njord field…
Cairn Energy's latest well on the SNE (Shelf North Edge) field offshore Sengal has reached total depth, at 2852m, says partner FAR Ltd. Wireline logging operations have been completed on the SNE-5 appraisal well, in Senegal's Sangomar Deep block…
Eni's Boné exploration well in the Barents Sea is being plugged and abandoned after finding only water. The Boné well was drilled by the Scarabeo 8 semisubmersible drilling rig to a total depth of 3501m and encountered about 106m of gross water bearing reservoir…
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