Transocean last night said its CEO and president of nearly five years Steven Newman is to stand down today (16 February). Newman. From Transocean's Beacon Mag. The international rig owner and operator…
Statoil Petroleum has made a minor oil discovery at the Romeo prospect in production license 146 in the southern part of the Norwegian North Sea. The Romeo well 2/4-22 S was drilled about 20km north of the Ekofisk field and 2.3km northeast of the 2/4-21 discovery…
Lundin Norway is completing the drilling of wildcat well 26/10-1 and will permanently plug and abandon the well after a minor gas find. Map of Well 26/10-1. From the Norwegian Petroleum Directorate…
2H Offshore appointed Phil Ward as a director in its Aberdeen office. Ward. From 2H Offshore. This new role reflects Ward’s experience, knowledge and commitment to 2H, and is a promotion from his current role as principal engineer…
Karoon Gas Australia’s Kangaroo-2 confirmed more pay at the second sidetrack well in the shallow offshore waters of Brazil. Map of the Santos basin. From Karoon. Kangaroo-2 is located in exploration Block S-M-1165 in the Santos basin…
VAALCO Energy began first production from the Etame 10-H well, part of its six-well development drilling campaign on the Etame Marin block, offshore Gabon. SEENT platform installation. From VAALCO. Etame…
Petrobras said tests confirmed the size of the oil discovery at Libra's first appraisal well, 3-BRSA-1255-RJS (3-RJS-731), informally known as NW-1. Tests at the well, located 185km off Rio de Janeiro, proved an 290m oil column and carbonate reservors of high porosity and permeability…
China National Offshore Oil Corp. (CNOOC), signed two production sharing contracts (PSCs) with SK Innovation Co., Ltd. (SK) for Blocks 04/20 and 17/03 in the South China Sea. The two blocks are located in the Pearl River Mouth basin. Block…
Weatherford provides a video illustration of managed pressure drilling (MPD) rig integration, and adjustment to the drilling industry’s technology to address operational obstacles of today’s deepwater projects. Weatherford and Petrobras…
With the discovery of deepwater pre-salt reservoirs offshore Brazil, national operator Petrobras began complex drilling operations to uncork the massive hydrocarbon reserves under these salt layers, which acted as seals, preventing the oil and gas from escaping…
AGR has secured a contract with LUKOIL Overseas to optimize the Russian firm's drilling performance. The contract covers LUKOIL’s drilling operations in several territories internationally, including Middle East, Black Sea, Africa and Central Asia…
Dana Petroleum has discovered light sweet crude in the Lille John-2 appraisal well and side-track on the Lille John oil field in license 12/06 in the Danish North Sea. The Lille John-2 (LJ-2) appraisal well and side-track confirmed the presence of sweet…
Statoil is considering using an unmanned wellhead platform - instead of a subsea development - for a planned extension of the Oseberg field development. Illustration of unmanned wellhead platform. From Statoil…
Norwegian pilot drilling technology firm Badger Explorer has been awarded NOK7.9 million in funding after passing its latest milestones. The Badger Demonstrator Program started in 2012 and has been supported by Statoil, Chevron, ExxonMobil…
Providence Resources has reached agreement with a proposed farm-in on its Barryroe asset, in the Celtic Sea offshore Ireland. But, further details are not being released due to the deal relying on the farm-in partner needing to secure finance…