Statoil Petroleum AS, operator of production licence 360, is about to complete drilling of wildcat well 16/8-3 S (Lupin prospect). The well was drilled about 40 kilometres east of the Sleipner Øst field and 60 kilometres south of the…
Premier Oil has announced success on an exploration well and side track on its North Sea Bonneville prospect. Bonneville, 4km south of the Burgman discovery in the Catcher area licence in the central North Sea, found oil on well 28/9a-6 and its side track…
ExxonMobil has started drilling on the Dunquin prospect offshore the west coast of Ireland, partners in the licence said this morning. Drilling operations are expected to take several months to complete using the Eirik Raude semi-submersible drilling unit…
Aberdeen-based Deep Casing Tools, which develops an innovative range of tools designed to land casing and completions at target depth within an oil or gas well has received £2.1 million funding from the Scottish Loan Fund (SLF). Deep…
Statoil and partner Petoro have proven considerable additional resources in the Shetland Group/Lista Formation in the Gullfaks licence. The Shetland Group and the Lista Formation are younger and slightly shallower deposits with different…
The UK’s prolonged winter muted drilling and deals growth in the North Sea after a strong finish to 2012, according to a new report from Deloitte, the business advisory firm, into offshore activity. The report, compiled by Deloitte’s Petroleum Services Group (PSG)…
Asset Guardian Solutions Ltd (AGSL), which specialises in protecting companies’ process critical software assets, announced that it has secured an important contract with Stena Drilling Ltd of Aberdeen, Scotland. This contract represents a significant development for AGSL…
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…