Statoil resumed drilling operations on 10 September at the oil-bearing strata in the exploration well 7319/12-1 Pingvin after receiving permission from the Norwegian Environment Agency. The Pingvin prospect is in production license 713 in the Norwegian Barents Sea…
Baker Hughes issued the August 2014 international rotary drilling rig count, showing a total of 1339 rigs operating worldwide in August 2014, outside of the US & Canada. The results show a decrease of 43 from the 1382 counted in July 2014…
Det norske oljeselskap ASA has hit another dry well in the Norwegian sector of the North Sea. The wild cat well on the Kvitola prospect was the first well drilled in production license (PL) 553. The duster on Kvitola follow on from Det norske's dry well on the Heimdalshø prospect…
Paradigm has released the latest version of Sysdrill 10, its integrated suite of well planning and drilling engineering applications. This upgrade is integrated with Peloton’s WellView/MasterView corporate database for drilling and well operations…
Rosneft and PetroVietnam announced they will set up a joint venture to develop two oil field blocks in the Pechora Sea in Russia’s Arctic, Reuters reported on 5 September 2014. According to the report, Rosneft will hold 66.67% interest in the JV…
Sevan Drilling's cylindrical drilling unit, the Sevan Louisiana (pictured), continues to encounter operational difficulties due to the BOP and supporting systems, the firm said today (September 8). An original issue with the unit's BOP…
Shell has started work drilling production wells on Malaysia's third deepwater development, the Malikai field, offshore Malaysia. The Malikai development involves 17 wells drilled from a 23,500 tonne tension leg platform production facility…
Norway's Statoil and Nicaragua's DNP-Petronic signed a cooperation agreement for future oil and gas activities offshore Nicaragua's Pacific coast, it was announced on 3 September 2014. Statoil says that the consortium (Statoil and…
Rosneft began production from the northern tip of the Chayvo field, located off northern Sakhalin Island. Rosneft President Igor Sechin said that Chayvo will produce about 1.5 million tons of oil annually, with the northern tip of the…
Mubadala Petroleum began drilling operations at the Manora oil development in the Northern Gulf Thailand, reported joint venture partner Tap Oil Ltd. The Atwood Orca jackup did the honors of spudding MNA-02, the first of 15 planned development wells…
A US federal district court judge ruled on Thursday that the Macondo blowout, which killed 11 workers, and spilled millions of barrels into the US Gulf of Mexico was the result of BP’s gross negligence and willful misconduct. BP’s contractors Transocean and Halliburton were both found negligent…
Statoil announced that the Dilolo-1 exploration well in the Kwanza basin offshore Angola was drilled to its pre-salt target, but failed to find any hydrocarbons. The well is now in the process of being plugged and abandoned. Statoil says…
Statoil’s Martin prospect located in Mississippi Canyon block 718 in the US Gulf of Mexico (GOM) has been plugged and abandoned. Statoil said while a discovery was made, it was non-commercial. Statoil says the Maersk Developer semisubmersible rig…
Vard Holdings Ltd. awarded Houston-based Forum Energy Technologies (FET) a contract for eight remotely operated vehicles (ROV) systems. FET will supply eight Perry XLX 150HP work-class ROVs that will be mobilized on four new-build pipeline…
Atwood Oceanics, Inc. took delivery of Atwood Achiever from the Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) shipyard in South Korea. Atwood says the ultra deepwater ship began the mobilization phase of its drilling services contract with Kosmos Energy…