Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper have announced the next step in the development of the U.S.'s Outer Continental Shelf (OCS) Oil and Gas Leasing Program for 2017-2022.
The low oil price and high project costs mean countries are under pressure to make oil and gas licensing rounds as attractive as possible for bidders if they are to be successful.
InterMoor, an Acteon company, has completed a mooring and foundation installation campaign for bpTT’s Juniper gas project offshore Trinidad and Tobago.
Spectrum has started the first phase of its 11,000 km Rocket Multi-Client 2D seismic survey in the South Carnarvon, and North Perth basins, offshore Western Australia. This first phase comprises 4,200 km, and the survey has received strong support from industry.
Statoil has received consent from Norway' s Petroleum Safety Authority (PSA) to drill the exploration well 6706/12-2, located in the Norwegian Sea.
CNIM has been awarded, by Petrofac, a contract to design, build and commission an innovative, highly energy efficient and environmentally friendly cooling system consisting of two custom-made absorption chillers.
Lundin Petroleum, through its wholly owned subsidiary Lundin Norway AS has been awarded eight exploration license interests in the 2014 Norwegian Licensing Round (Awards in Predefined Areas, APA).
The drilling rig Maersk Interceptor has started the drilling program on Ivar Aasen field in the North Sea. The campaign has a duration of three years and comprises a total of 15 wells in addition to three pilot wells.
With Mexican oil open to private investment for the first time, the country’s initial bidding round is expected to remain competitive despite low oil prices, delays and a number of uncertainties, according to research and consulting firm GlobalData.
The University of Houston will lead a national research center for subsea engineering and other offshore energy development issues, including research and technology to improve the sustainable and safe development of energy resources in the Gulf of Mexico.
Aker Solutions will provide engineering, procurement and management assistance services for five years at the Statoil-operated Johan Sverdrup development in the Norwegian North Sea.
HOUSTON -- ABS has awarded approval in principle (AIP) for Hyundai Heavy Industries' next-generation HD12000 heavy duty, wide beam drillship design.
OSLO, Norway -- The Norwegian government has offered ownership interests in 54 new production licenses in connection with the Awards in Pre-defined Areas 2014 (APA 2014). The 54 production licenses are distributed over the North Sea (34), the Norwegian Sea (16) and the Barents Sea (4). A record number of applications were submitted by a total of 47 companies in APA 2014.
OSLO, Norway -- Norway's Ministry of Petroleum and Energy has announced the 23rd licensing round. The round consists of 57 blocks, or parts of blocks. These are distributed with 34 blocks in the south-eastern Barents Sea (the formerly disputed area towards Russia), 20 blocks in other parts of the Barents Sea and three blocks in the Norwegian Sea. The government aims to award new production licenses in the first half of 2016.
HOUSTON -- Noble Energy has announced that its Madison exploration well in the Gulf of Mexico reached the targeted Upper and Middle Miocene objectives and did not encounter commercial hydrocarbons.
STAVANGER, Norway -- Statoil, on behalf of the Johan Sverdrup license partners, has awarded a contract to Kværner Verdal for delivery of the riser platform jacket for Johan Sverdrup field. Scheduled for delivery in the summer of 2017, the jacket's contract value is about $263 million (NOK 2.0 billion).
STOCKHOLM, Sweden -- Lundin Petroleum, through its wholly owned subsidiary Lundin Norway, has started drilling exploration well 26/10-1 in PL674BS. The well will investigate the hydrocarbon potential of the Zulu prospect in PL674BS, located 100 km west of Stavanger on the Norwegian west coast and approximately 30 km northeast of the Johan Sverdrup discovery.
STAVANGER, Norway -- Statoil has recieved consent from Petroleum Safety Authority Norway to use the West Epsilon mobile drilling facility for production drilling on Gudrun field located in the North Sea.
MILAN, Italy -- Eni obtained a three-year extension from the Angolan authorities to the exploration period of the prolific Block 15/06, located in Angola’s offshore, approximately 350 km north-west of the capital Luanda and 130 km east of Soyo town.
NORFOLK, United States -- Claxton is extending its large surface riser inventory to meet operators’ needs as more heavy-duty jackup rigs enter the North Sea.