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…
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…
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…
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…
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…
Equatorial Guinea’s Ministry of Mines, Industry and Energy (MMIE) has launched the country’s latest licensing round, EG Ronda 2016, that offers 32 blocks offshore West Africa. Image of Minister of Mines…
The Cidade de Saquarema floating production and storage offloading (FPSO) unit is sailing to the Lula field offshore Brazil for its 20-year contract, following its recent conversion at the BRASA shipyard. Cidade de Saquarema departs from BRASA shipyard…
The Norwegian Petroleum Directorate (NPD) has granted both Total E&P Norge and Tullow Oil Norge drilling permits in the North Sea. Map of 30/4-3 S, from NPD. Total’s wildcat Total…
Total's Laggan-Tormore subsea to shore development west of Shetland has now ramped up to full production at 90,000 boe/d. The French oil giant held an official inauguration ceremony at the Shetland Gas Plant, built to receive the production…
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