PT Medco Energi Internasional has gained a 35% participating interest in the South Natuna Sea Block B in Indonesia, following a deal to buy Inpex's Indonesian subsidiary Inpex Natuna Ltd. The agreement is between Japan's Inpex and PT Medco…
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…
BP has scored again with a third gas find at the North Damietta Offshore Concession in the East Nile Delta, Egypt, the supermajor said today (27 March). According to BP, 37m of net gas pay was found at the Qattameya Shallow-1 exploration well in high quality Pliocene sandstones…
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…
Wintershall has received consent from Norway’s Petroleum Safety Authority (PSA) to use the Deepsea Stavanger semisubmersible to drill six production wells on the Maria field. Wintershall Norge is the operator of the Maria field oil and gas field at Haltenbanken in the Norwegian Sea…
Erin Energy entered a definitive farmout agreement that will see FAR Ltd. acquire 80% interest and operatorship of Erin Energy’s offshore A2 and A5 blocks in The Gambia, West Africa. Erin Energy will retain a 20% working interest in both blocks…
Shell CEO Ben van Beurden is to speak at the opening plenary session at SPE Offshore Europe 2017, which is being held in Aberdeen from 5-8 September 2017. van Beurden will address several hundred oil and gas industry professionals in…
Fractured basement explorer Hurricane Energy is closer to proving its Halifax discovery is linked to its Lancaster field, forming a single field, which would be the UK's largest undeveloped discovery on the UK Continental Shelf. Hurricane…
Wood Group has been awarded a US$50 million contract with Premier Oil, to deliver topside operations and maintenance services to the Balmoral floating production vessel (FPU) in the central North Sea and the Solan installation, West of Shetland…
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…
First production from Maersk Oil's Flyndre field, which straddles the UK and Norwegian North Sea boundaries, started yesterday (26 March). The field is a 25km single well subsea tieback to the Repsol Sinopec-operated Clyde platform, from which it is then exported via the Fulmar platform…
Statoil and Statkraft completed a deal that has increased the Norwegian giant’s share in the Dogger Bank Offshore Wind development to 37.5%. Image of Sheringham Shoal off the coast of Norfolk, from Statoil…
Kosmos Energy started the second phase of its multi-well exploration drilling program offshore Mauritania and Senegal. The Atwood Achiever drillship is now on location offshore Senegal in the Cayar Offshore Profond block and has started…
Subsea wireless automation provider WFS Technologies, and marine rental equipment specialist Seatronics, demonstrated drone-to-remote operated vehicle (ROV) wireless communications at a Subsea Internet of Things event in Houston. The…
Aberdeen-based visual asset management (VAM) firm Return To Scene is conducting a pilot project for BP utilizing the latest generation of its visualization technology, R2S Mosaic. The technology, which adds spatial intelligence, among other advanced new capabilities…