The Australian government is offering 28 exploration areas in its 2016 Offshore Petroleum Exploration Acreage Release. Map from Australia government. The acreage comprises 28…
Wintershall Norge has started drilling wildcat exploration well 35/11-20 B using the Borgland Dolphin drilling rig in production license 248 F in the Norwegian North Sea. It is the latest well on the license, following well 35/11-20 A…
Cobalt International Energy is setting Angola as its number one priority, as the Houston-based company disclosed a multimillion-dollar loss in Q2 2016 due to a dry well in the Gulf of Mexico. The Rowan Reliance drillship…
EnQuest and Delek Group have signed a non-binding memorandum of understanding (MoU) to farm out 20% interest in the Kraken heavy oil development in the UK North Sea. The area is located in Blocks 9/2b and 9/2c in License P1575, approximately 350km northeast of the city of Aberdeen…
ENGIE E&P Norge has spudded the Cara exploration well in PL 636 Cara in the Norwegian northern North Sea. The well is 35km offshore and approximately 6km from the Gjøa field in about 350m water depth. The well, being drilled using the Transocean Arctic semisubmersible drilling rig…
Unlocking Senegal and Mauritania’s major finds will be a huge hurdle, with a lack of infrastructure in both countries. But, it’s also an opportunity for supply chain companies, says the EIC’s Chad Barnes. A worker onboard the Ocean Rig Athena…
Tullow Oil Norge failed to find any hydrocarbons at the Rome prospect in the Central North Sea, and will now plug and abandon exploration well 16/5-6 in production licence PL776. The well was drilled to a total vertical depth of 2319m…
The Norwegian Petroleum Directorate (NPD) has granted Wintershall Norge a drilling permit for well 35/11-20 A, to be drilled from the Borgland Dolphin drilling facility, after completing the drilling of wildcat well 16/5-6 for Tullow Oil Norge in production license 776…
Norwegian Geotechnical Institute (NGI), an international center for geoscience research and consulting, and DONG Energy Wind Power signed a contract for the installation of 20 offshore wind turbine bucket foundations, called suction bucket jackets…
Aquatic Engineering & Construction and recent alliance partner James Fisher Offshore (JFO), have completed their first global collaboration project for Ocean Installer Texas in the Gulf of Mexico (GOM). The project scope includes recovery…
Rystad Energy’s new report claims that there is hope in the oilfield service industry despite the current downturn, with an expected US$30 billion growth to be seen in the next two years. Closed and abandoned service markets as well as…
Petrobras has hit another big pay day at its seventh appraisal well inside the Libra block, in the pre-salt layer of the Santos basin, the firm reported on 15 June. The Brazilian oil giant said it was 'Libra's largest net pay' to date…
UK-based independent Cairn Energy says its latest appraisal well on the deepwater SNE discovery offshore Senegal has 'confirmed the scale and potential of this world class asset.' The latest well, which is the final in a four-well campaign drilled this year…
The global offshore rig count for May 2016 has fallen 20%, when compared to May 2015, with Latin America seeing the biggest drop by 57%. Image from Saudi Aramco. According to Houston-based Baker Hughes…
French group ENGIE's Norwegian business has hailed an increase in gas production on its Gjøa field by 17.5% and an increase in the ultimatly recoverable reserves by 60 MMboe. 'Gjøa was originally designed to export 17 MMscm/d. That we are currently producing 20 MMscm/d…
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