Wintershall Dea’s controversial wildcat well near the closed-off Lofoten archipelago in northern Norway was ultimately unsuccessful, analyst Rystad Energy said.Rystad Energy’s senior exploration analyst Palzor Shenga said, “This stands as a…
Partners in the Northern Lights project will drill an exploration well south of the Troll field in the North Sea with the objective to not find oil and gas.Wildcat well 31/5-7 Eos is being drilled to investigate whether the reservoir in the…
ALE performed an 18,000t topside load-out and floatover transportation from a yard in Zhuhai, China. The topside will form part of a new offshore platform in the South China Sea to support natural gas development in the region.The Dongfang gas…
U.S. energy firms reduced the number of oil rigs operating for a record 12th month in a row after this week cutting rigs for a sixth consecutive week as producers slash spending on new drilling.Drillers cut three oil rigs in the week to Nov…
Russian Energy Minister Alexander Novak said on Wednesday the forthcoming meeting of OPEC and other large oil producers may discuss adjusting oil output quotas at a next-month meeting, local news agencies reported.'We don't rule out discussing various issues…
ConocoPhillips has received the green light from Norway's Petroleum Safety Authority to drill an exploration well in block 25/7, slightly west of the Balder/Ringhorne fields in the center of the Norwegian sector of the North Sea.Well 25/7-9 S belongs to production licence 917…
Norway's Equinor plans to drill 30-40 oil and gas exploration wells globally in 2020, similar this year, with Brazil being a 'hotspot' of its international efforts, the company's exploration head said on Tuesday.The company will drill about 20-30 exploration wells on the Norwegian continental shelf…
With the oil price tracking a course that’s keeping nearly every oilfield viable, operators in the second half of 2019 are drilling a bevy of exploration and production wells that’s just lifting rig futures.Paradoxically, oil companies drill…
Suppliers of drilling and subsea services and equipment may already be feeling the partial lift offered by West African nation Angola clearing offshore investment bottlenecks.On Monday, Bergen-based subsea cable layer, Oceanteam, announced its vessel…
Hurricane Energy has confirmed that drill stem testing on the Warwick West well is expected to begin Tuesday.The UK-based company said it will share initial results of the well, including flow rates and oil type, following completion of the testing phase…
The Turkish oil-and-gas drilling ship Fatih has started its operations off the coast of northeastern Cyprus, Turkish vice president Fuat Oktay said on Friday, despite warnings from European Union for Ankara to stand down.On Monday, the EU Foreign…
Russia's Lukoil said on Friday it had completed the construction of the first well as part of a third development stage of the V. Filanovsky oilfield in the Caspian Sea.The well was drilled with a floating jack up rig Neptune, mounted on a riser block platform…
Maersk Drilling has entered a contract with Shell subsidiary BG International, for work offshore Trinidad and Tobago on a two-well development project for the semi-submersible rig Maersk Developer.The contract has an estimated duration of 171…
It’s been quite a week offshore Norway, with Equinor notching a commercial-looking find and ConocoPhillips finding oil and gas, as drill bits turn and investments get the nod.While OE Digital reported Equinor’s find, ConocoPhillips’ discovery…
ConocoPhillips has made an oil and gas discovery in exploration well 25/7-7 near the Balder field in the Norwegian North Sea.The first wildcat in production licence 782 S, the well was drilled by the Leiv Eiriksson drilling facility about 15…