Lundin Norway received consent from the Petroleum Safety Authority of Norway (PSA) for exploration drilling at the Gemini prospect in the Central North Sea. The Island Innovator. From Island Drilling…
The Petroleum Safety Authority of Norway (PSA) is extending BP Norge’s use of the Valhall drilling platform (DP) and production and compression platform (PCP) facilities until 31 December 2023. Valhall field…
Nigeria-based Seplat Petroleum Development confirmed Afren’s “highly preliminary approach” regarding a possible merger of the two companies made on 22 December. Image from Afren. In a statement released by Seplat…
Eni Angola S.p.A and subsidiaries of Ocean Rig UDW entered into an agreement to extend the contract for the drillship Ocean Rig Poseidon by one year until 2Q 2017. According to the agreement, Ocean Rig agreed to adjust the existing day…
Independent energy consultancy ADIL has been awarded a contract to deliver a new web-based system to Centrica Energy that will allow the operator to manage operational risk and improve transparency across its North Sea assets. The deal…
UK independent explorer Trapoil has been forced to give up a string of licenses in the North Sea after failling to find farm-in partners to help fund work. The firm, which last year cuts its staff and saw its founders leave, 'to maintain value…
McDermott International's Chinese joint venture Qingdao McDermott Wuchuan Offshore Engineering (QMW) completed a fast-track compression process module fabrication subcontract for Jord Oil & Gas Systems. The company is the prime contractor…
Turkey-based Promer Consultancy and Engineering selected AVEVA’s Integrated Engineering & Design solutions for major engineering projects. AVEVA Everything3D. From AVEVA. In…
Polarcus won a contract to conduct a broadband 3D marine seismic acquisition project in Australasia for an undisclosed client. The Polarcus Nadia. From Polarcus. The two-month project is set to begin this quarter…
Bibby Subsea and Bordelon Marine signed a three-year contract to charter Bibby’s new ultra-light intervention vessel (ULIV) in the Gulf of Mexico (GoM). The Brandon Borderlon. From Bibby. The…
Lundin Petroleum has announced a US$1.45 billion 2015 development, appraisal and exploration budget - representing a 31% drop compared to its forecast 2014 spending. Spending on development projects will drop about 30%, to $980 million…
Total has completed the flare out of the Ofon field on Oil Mining Lease (OML) 102 offshore Nigeria. The associated gas of the Ofon field is now being compressed, evacuated to shore and monetized via Nigeria LNG. “The flare-out of the…
Exploration drilling has started on the Tvillingen South prospect in production license 510 in the Norwegian Sea. The prospect is located on the Haltenbanken in the Norwegian Sea, approximately 28 km southeast of the Kristin field. The well…
Underground coal gasificatoin (UCG) focused firm Cluff Natural Resources (CLNR) has taken on an environmental and planning consultant for its proposed Kindcardine project in the Firth of Forth, Scotland. Environmental Resources Management…
CNOOC encountered oil and gas at its deepwater Lingshui 25-1 prospect in the Qiongdongnan Basin in the South China Sea, the operator confirmed on 6 January 2015. The well was tested to produce about 35.6 MMcf/d of natural gas and 395 b/d of oil…