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…
Det norske has taken over the operatorship for production license 442 from Centrica and has been given consent to drill an exploration well in a prospect named Langfjellet by the Petroleum Safety Authority Norway (PSA). Well 25/2-18 S…
UK supermajor BP has completed construction work of Clair Ridge, west of Shetlands Islands, bringing its US$6 billion investment closer to production. Clair Ridge. Image from BP United Kingdom Twitter…
Vaalco Energy entered into a deal with Sojitz Etame to acquire an additional 3.23% stake in the Etame Marin Permit, offshore of the Republic of Gabon, West Africa. Gabon operations. Image from Vaalco…
Fugro completed a 33-month period of metocean data acquisition for Hess Ghana Exploration, offshore western Ghana. Measurements were made at three locations in an area offshore western Ghana known as the Deepwater Tano/Cape Three Points block…
DNV GL has been awarded a five-year contract to provide in-service verification work for Wintershall Noordzee's RAVN and A6-A platforms. The two platforms based in the North Sea are the unmanned RAVN in the Danish sector and manned A6-A in the German sector…
Offshore Ireland focused Europa Oil & Gas has had its Phase 1 Frontier Exploration Licences (FEL) 2/13 and 3/13 in the South Porcupine Basin extended by one year to 4 July 2017. The extension will allow Europa to mature existing prospects…
UK-based independent Ithaca Energy has expanded its holdings in the Greater Stella Area (GSA) through four agreements, which increases its stake in the Vorlich discovery and gives it an operated interest in the Austen discovery. Through agreements with ENGIE E&P…
The UK's Oil and Gas Authority (OGA) has awarded four contracts with a combined value of more than £6 million over three years for surface and subsurface studies to improve understanding and maximize value by integrating exploration, development…
Subsea oil storage solutions could help unlock marginal fields; how easy would it be? Elaine Maslin reports from a workshop that assessed the issue. The Solan subsea tank prior to installation…
The oil price crash brings subsea processing opportunities, says Rystad Energy’s Jon Fredrik Müller. The Åsgard subsea compressor manifold station was installed in summer 2013 with the Saipem 7000…
Power requirements are not always huge, nor are companies – and sometimes smaller can be better. Elaine Maslin reports on work to qualify lower power subsea variable speed drives. The 45kW subsea variable speed drive…
The big surprise over the last few weeks was of course the UK referendum decision to exit the European Union (EU). At first sight, it looks like a vote for independence over economics. While the first part of that is certainly true, the economic aspect should be measured in years…
Statoil is applying new concepts and new thinking to the Johan Castberg development on the Norwegian Continental Shelf. It’s a DC fiber optic future, Elaine Maslin reports. Transocean’s Polar Pioneer semisub drilled the Skrugard prospect in 2011…
Osbit has successfully completed and loaded out US$3.96 million (£3 million) worth of well intervention equipment to Helix Energy Solutions, for installation in Schiedam on Helix’s chartered Siem Helix 1 vessel. The multi-million dollar…
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