Seadrill has signed a contract with LLOG Bluewater Holdings for employment of the new-build drill-ship, West Neptune, offshore Gulf of Mexico. The contract duration is a minimum of three years plus an option for a one-year extension at mutually agreed rates…
3D Oil and partner Hibiscus Petroleum Berhad have decided on the use of a leased Mobile Offshore Production Unit (MOPU) to develop their West Seahorse oil field in VIC/P57, offshore Victoria. Front End Engineering Design (FEED) for the…
Bridge, the Oslo Børs and AIM listed oil and gas exploration and production company, is pleased to announce that the drilling of exploration well 6406/6-3 has commenced. The well will target the Mjøsa gas prospect, which is located 10 km northeast…
Cairn is pleased to announce it has secured a long term contract with Transocean for the “Cajun Express” drilling unit. The rig, which is on an initial one-year contract, will be used on Cairn’s planned multi-well frontier exploration programme in Senegal…
The global rig market is strong, with high utilization, high day rates, and nearly 200 offshore drilling rigs under construction. Drilling contractors are changing their fleet makeup, modernizing, streamlining, and concentrating on market sectors…
Salamander Energy has made a potential gas discovery at its North Kendang-1 exploration well inside the South East Sangatta PSC, the company announced on 11 April 2013.Ocean General (Image: Diamond Offshore)Drilling operations were suspended at the well after encountering high pressure gas…
Citing unease over changing US regulations, ConocoPhillips opted to pause plans for its 2014 Alaska Chukchi Sea drilling program, the supermajor announced on 10 April 2013.Shell's oil spill response teams practice laying out nearly 600m (1,500ft)…
Reliance Industries and BP plan to invest US$5 billion in deepwater gas development of the KG D6 block over the next three to five years. The plan proposed will develop about 4tcf of discovered natural gas reserves. The partners plan to optimize KG D6 through compression and water handling…
Statoil has awarded the contract for drilling services on the Mariner platform on the UK continental shelf to UK-based Odfjell Drilling.'Mariner is the largest new offshore development in the UK in more than a decade. Over its lifetime the project…
The Skarfjell oil discovery offshore Norway could become a new hub development, one of the partners in the project has said following succsesful appraisal drilling.Cairn Energy, which holds 20% in Skarfjell, said it had increased its resource…
Stone Energy Corp. hired an ENSCO drilling rig for its Cardona program at Mississippi Canyon block 29, the company announced on April 8, 2013.an ENSCO 8500 series drilling rigThe Ensco 8500 series dynamically-positioned deepwater drilling rig…
Statoil and SOCAR took a step forward in strengthening their cooperation by signing a memorandum of understanding (MoU) to jointly explore and develop the Zafar-Mashal structures in the Azerbaijani sector of the Caspian Sea. The agreement was signed in Baku…
Lundin Petroleum AB (Lundin Petroleum) through its wholly owned subsidiary Lundin Norway AS (Lundin Norway) is pleased to announce that the drilling of exploration well 16/4-6S on the Luno II prospect has resulted in a potentially significant oil discovery…
Ithaca Energy announces that it has contracted the services of Applied Drilling Technology International (ADTI), to manage development drilling and completion operations on the Greater Stella Area under 'turnkey” contract arrangements. ADTI is a subsidiary of Transocean…
ExxonMobil Corp. announced that its Liberian affiliate has acquired from Canadian Overseas Petroleum (Bermuda) Ltd. (COPL) 80% interest in Liberia Block 13 (LB-13)Map of LB-13 off Liberia (Image: COPL)The block comprises more than 625,000 acres (2…