Subsea 7 inked a contract estimated to be between US$50 million to $150 million with Burullus Gas Co. for the platform extension and tie-in on the first phase of BP's West Nile Delta development of the Taurus and Libra fields, offshore Egypt…
North Atlantic Drilling (NADL) entered into a standstill agreement, effective until June 2016, with Jurong Shipyard for the delivery of the sixth generation harsh environment semisubmersible drilling rig, the West Rigel. During the standstill period until June 2016…
Polarcus announced that the company has received a letter of intent from an undisclosed client to execute a 3D marine seismic project in West Africa utilizing Polarcus' RightBAND technique for broadband data acquisition. The project…
Seadrill’s 1Q 2015 results showed the company’s revenue at US$1.244 million, down just 1.36% from $1.261 million in 4Q 2014. The West Jupiter. Image from Seadrill. Operating profit skyrocketed to a whopping 35…
BP increased its interest in the US$12 billion West Nile Delta (WND) project in Egypt after partner DEA farmed down its stake. Map of Nile Delta. From DEA. According to DEA, the…
OneSubsea is getting a piece of BP’s West Nile Delta Taurus Libra development offshore Egypt by snagging a multi-million dollar subsea contract. Image from OneSubsea. The scope…
Norway-based North Atlantic Drilling (NADL) and Russia's Rosneft recently agreed to extend the termination date of the 2014 framework agreement until May 31, 2017. The agreement states that either party can end the agreement, including any offshore drilling contracts…
Northern Offshore is delaying the delivery of two of its high specification jackups due to the downturn of the drilling market. The West Navigator. From NADL. Northern was able to…
Russian oil exploration giant Rosneft sent a cancellation notice to North Atlantic Drilling Company Ltd. (NADL) to terminate its contract for the Energy Endeavor jackup. The Energy Endeavor. From Northern Offshore…
Rosneft sent North Atlantic Drilling Ltd. (NADL) a notice of termination for the West Navigator, in connection with a framework agreement between the two companies. The West Navigator. From NADL. The…
Total has started gas and condensate production from the high-pressure, high-temperature (HPHT) West Franklin Phase 2 project in the Central Graben area of the UK North Sea. The project, tapping 85 MMboe, will supply 40,000 boe/d to the…
Centrica Resources Norge’s wildcat well 6707/10-3S is being permanently plugged and abandoned after making a minor gas discovery in the Norwegian Sea, according to the Norwegian Petroleum Dictorate (NPD). Map of PL 528 B…
Italian giant Eni began production of first oil from its West Hub Development project in Block 15/06, offshore Angola. N’Goma. From SBM Offshore. Block 15/06 covers about 2984sq km…
ExxonMobil received consent from the Petroleum Safety Authority Norway (PSA) to use the West Alpha semisubmersible drilling rig on the Balder field, in the central North Sea. The West Alpha. From North Atlantic Drilling…
Centrica Resources Norge has made a small gas discovery about 20km from Statoil's Aasta Hansteen development in the Norwegian North Sea, says the Norwegian Petroleum Directorate (NPD). The 6707/10-3 S well, in production license 528 B…
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