Carnarvon Petroleum has secured 35% stake in license TR/3 in the Barrow sub-basin offshore Austrailia, joining operator Quadrant Energy. Image of the Noble Tom Prosser, courtesy of Noble. The…
Freeport-McMoRan’s (FCX) net loss of US$4.1 billion in Q4 2015 has led to several cuts across the company, including deferring exploration and development activities in the Gulf of Mexico by idling its three deepwater drillships that are currently under contract…
The Petroleum Safety Authority (PSA) of Norway has granted Statoil consent to use the Bideford Dolphin mobile drilling facility to drill a sidetrack on the Vigdis field in production license 089. The planned start-up is early February and the activity is estimated to last 8 days…
Kosmos Energy announced a “significant” natural gas discovery at its first exploration well offshore Senegal, in addition to memorandum of understanding (MOU) for the development of the cross-border Greater Tortue complex. The Atwood Achiever…
Two elastomers developed by Trelleborg Sealing Solutions , Isolast XploRTM J9523 perfluoroelastomer (FFKM) and XploRTM V9T82 fluoroelastomer (FKM), have now met the ISO 23936 standard as well as revision three of NORSOK M-710. FFKM and FKM…
Aberdeen headquartered QTEC Energy Services and Calgary headquartered Performance Fluid Management (PFM), both companies specializing in the management of drilling fluids on drilling installations, are merging to create a new company, FOCUS…
Lundin Malaysia completed, and will plug and abandon the Bambazon exploration well in Block SB307/SB308, offshore East Malaysia. The well encountered approximately 15m of net logged reservoir pay with oil shows over three main reservoir…
Lundin Petroleum has started drilling exploration well 16/4-10 on the Fosen prospect, offshore Norway. The well is about 27km south of the Edvard Grieg field and 11km south of the Luno II discovery. It will explore the Fosen prospect…
Woodside Energy and partner Daewoo International have started drilling their latest exploration well offshore Myanmar just weeks after announcing a gas discovery in the region. The latest well, the Thalin-1 well in Block AD-7, was spudded 20 January…
JX Nippon E&P is gearing up to drill an exploration well on the Loanan prospect west of Shetland. The Japanese exploration firm has awarded Norway's Odfjell Drilling a contract to use the semisubmersible Deepsea Stavanger for the well…
Paradigm has released Paradigm Sysdrill 10.5, the latest version of its integrated suite of well planning and drilling engineering applications. New features in this release include updated modelling, including HDGM for declination calculation and ISCWSA Rev 4 error models…
Swedish exploration firm Lundin Petroleum's latest exploration well 6407/10-4 on the Lorry prospect in the Norwegian Sea has been classified as dry. The well, in PL700B, on the northern part of the Frøya High in the southern Norwegian Sea has been plugged and abandoned…
Noble Corp. is expected to lay off 100-120 people that work on the Noble Danny Adkins semisubmersible drilling rig in the Gulf of Mexico. According to a letter from Noble’s director of personnel, to the Texas Workforce Commission, Noble…
Norway's latest awards in predefined areas (APA) round was announced today, with some 56 licenses offered to oil firms. Duncan John, Partner at consultancy StrategicFit, offers his views. This APA round has shown that appetite for exploration in Norway has been resilient to low oil prices…
Norway's latest awards in predefined areas (APA) license round has been hailed a success with some 56 exploration licenses being offered on the Norwegian Continental Shelf. The APA rounds offer acreage in known areas on the shelf, rather than frontier acreage…
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