Erin Energy Corp.’s Oyo-8 well located in OML 120 offshore Nigeria has exceeded expectations and is currently producing at a stabilized rate of 7080 b/d. Erin Energy is the operator and has a 100% interest in the well. Oyo-8 flare up…
An increasing number of companies are applying for exhibition space at ONS 2016. In fact, only once in ONS’ 40 year long history has the number of applications been higher this long before the event, ONS said. The rumors of ONS’ death have been greatly exaggerated…
Mexico is ramping up its offshore seismic data acquisition with recent awards to TGS-NOPEC and Norway-based Petroleum Geo-Services (PGS). The Atlantic Explorer. From PGS. Mexico's…
Renco Elang Energy's (REE) South Block A production sharing contract (PSC) in north Sumatra, Indonesia was granted at 19-month exploration extension from the Indonesian Ministry of Energy and Mineral Resources. According to Peak Oil & Gas…
UTEC Survey announced the merger of NCS Survey, with its Aberdeen-based operations UTEC Survey Construction to form one organization in EMEA – UTEC NCS Survey. UTEC and NCS are both part of the Acteon group of companies which specializes in subsea services…
Kosmos Energy hit additional hydrocarbon pay at its Tortue-1 exploration well offshore Mauritania, western North Africa. Mauritania map. From Kosmos. Tortue-1 is located in Block C8…
Anadarko’s offshore Mozambique Offshore Area 1 development has taken a step closer with the signing of contractors for the onshore LNG terminal. A consortium consisting of CB&I, Chiyoda Corp. and Saipem were picked following a front end engineering and design (FEED) tender process…
Russian licensing authority Rosnedra awarded Lundin Petroleum a production license for the Morskaya field in the northern Caspian Sea. The production license, in the Lagansky Block, will be valid until 2035 and covers about 50sq km. The Morskaya field…
The Deepsea Metro I ultra deepwater drillship won a contract with VietGazprom in Vietnam. The vessel, managed by Norway's Odfjell Drilling, will operate for VietGazprom in Blocks 130 and 131 offshore Vietnam, starting mid-3Q 2015, for about 20 weeks…
According to Guyanese Online, Reuters, MercoPress and other news organizations, an ExxonMobil subsidiary and its partners have discovered hydrocarbons offshore Guyana, but the Guyanese government reports that it is not sure if the discovery can be confirmed in commercial quantities…
Transocean’s Polar Pioneer has recently become the center of attention in Seattle. On 12 May 2015 a request was made by the Port of Seattle commissioners which asked Shell to postpone the rig’s move to the Port of Seattle’s Terminal 5 while permitting issues are worked out…
Houston-based, Africa-focused explorer Erin Energy, formerly CAMAC, has been granted a 24-month extension on two of its offshore Gambia licenses. Erin Energy, which operates the blocks with 100% interest, received approval to extend the…
Maersk Drilling and Awilco Drilling reported operational updates for 1Q 2015. Maersk Drilling realized a profit of US$116 million during 1Q 2015 due to fleet growth and operational performance, despite two idle rigs. The result is attributed…
Encana Corp. shut in production from its Deep Panuke platform. The offshore Nova Scotia facility produces and processes natural gas from the Deep Panuke field, found nearly 155 miles southeast of Halifax, Nova Scotia, on the Scotian Shelf…
The North Sea operation of a global independent energy company has just completed a contract and was the first to use what is believed to be the world’s largest oilfield drilling bit. Varel Oil & Gas Dill Bits was commissioned by Hess Corp…
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