Pacific Exploration & Production has reached an agreement to sell its 35% working interest in five concession agreements—S-M-1101, S-M-1102, S-M-1037, S-M-1165 and S-M 1166—in Brazil’s Santos basin to Karoon Gas Australia.
Add Energy and Trendsetter Engineering have combined their expertise in well control engineering and equipment design to develop the Relief Well Injection Spool (RWIS).
Last spring, Statoil announced it had used the same oil well design and components to drill three reservoirs for the price of one.
BP announced it has signed with His Excellency the Egyptian Minister of Petroleum, Eng. Tarek El Molla, amendments for the Temsah, Ras El Barr and Nile Delta Offshore concessions in Egypt.
Eni resumed production from Goliat field early on Tuesday morning, the company said in a statement.
North Atlantic Drilling Limited has received a notice of cancellation from Statoil related to the contract for the West Epsilon.
LONDON (Bloomberg) -- The UK’s offshore oil producers called on the government to expand efforts to secure new investment after exploration sank to an all-time low.
Topaz Energy and Marine, a leading offshore support vessel company, has secured substantial contracts in connection with the development of the Tengiz oilfield in Kazakhstan during 2016. The two contract wins announced in the second and third quarter together represent revenue of more than $500 million. The two contracts bring Topaz’s backlog to approximately $1.6 billion.
Offshore accommodation and workspace solutions specialist, HB Rentals, has invested in excess of £750,000 into new product lines in response to customer demand.
Partners in Israel’s Leviathan field, the country’s largest natural gas reservoir, signed an export agreement with Natural Electric Power Co. of Jordan. Tel Aviv gas stocks rose.
Lamprell has received a new contract award from Jacktel, a wholly owned subsidiary of Master Marine, for the upgrade of the mobile operating unit Haven as an accommodation service vessel for the Statoil-operated Johan Sverdrup field.
Petrofac’s differentiated approach to decommissioning, in support of Tullow Oil’s well plugging and abandonment campaign in the Southern North Sea (SNS), has delivered significant results and saved $2.5 million compared to traditional approaches.
MOSCOW – Gazprom has reported a new gas and condensate field in the Sea of Okhotsk, near Russia’s Sakhalin island.
Teekay Offshore Partners has been awarded new three-year shuttle tanker contracts of affreightment, plus extension options, with BP plc, Royal Dutch Shell and OMV Group, to transport the oil produced from the new Glen Lyon FPSO, which is part of the Quad204 development located west of Shetland in the North Sea.
CGG announced today that the final pre-stack depth-migrated data for Phase 1 of its Davros 3D BroadSeis and BroadSource multi-client survey in the northern Carnarvon basin on the North West Shelf of Western Australia is available now.
Schlumberger announced today that PETRONAS, through its wholly-owned subsidiary, PETRONAS (E&P) OVERSEAS VENTURES SDN. BHD., has signed an agreement to license a significant part of the WesternGeco Campeche wide-azimuth (WAZ) deepwater multi-client seismic survey in the southern Gulf of Mexico.
Chet Morrison Contractors’ (CMC) Deepwater Riser Services division recently completed work on a complex deepwater riser maintenance project for an offshore drilling rig that included complete disassembly, blast, paint and reassembly of 57 risers.
Eni has upgraded the potential of Baltim South West field to 1 Tcf of gas in place following the results of the Baltim South West 2X appraisal well, which was drilled immediately after the discovery well.
Petrofac Training Services has been awarded a significant contract for training and emergency response services with Statoil (UK) Limited to support its UKCS operations.
The deadline for applications to the annual licensing round in the best known exploration areas on the Norwegian Continental Shelf (APA 2016) expired on Tuesday, Sept. 6, 2016. Thirty-three companies have shown their interest in receiving oil and gas exploration licenses in these areas.