Spain's Repsol could start drilling offshore the Canary Islands this year after the Spanish government gave the firm the go-ahead. The government's Industry Ministry approved drilling plans by Repsol in a resolution dated 11 August and published today (13 August) in the Official Bulletin…
Mexico’s oil and gas industry entered a new era on Monday when President Enrique Pena Nieto signed the long-awaited secondary legislation of the country’s recent energy reform into law, opening the country to private investment. The signing…
Baker Hughes issued the July 2014 international rotary drilling rig count last week, showing a total of 1382 rigs operating outside the US & Canada. International activity in July was up 38 rigs from the 1344 rigs drilling in June 2014…
ExxonMobil began exploratory drilling operations in the Kara Sea’s Universitetskaya structure in the East Prinovozemelskiy area on 9 August, defying Western-imposed sanctions against Russian state-owned Rosneft. Drilling on the Universitetskaya-1 well…
Statoil awarded Schlumberger Norway a contract to provide integrated drilling services and exploration drilling on the Norwegian continental shelf (NCS). Licenses are for Gullfaks, Gullfaks Satellites, Snorre, Statfjord, Tordis/Vigdis…
Petrobras announced drilling has started on the first exploration well on the Libra pre-salt area in the Santos basin offshore Brazil. Drilling on Libra, discovered in 2010, and estimated to contain 8-12 billion boe, comes as marine production…
Proserv appoints two vice presidents to its senior management team. Paul Douglas has been promoted to the role of VP operations with Bruce Stuart joining Proserv as VP sales and business development for Europe and West Africa (EWA) from FMC Technologies…
Marathon Oil is due to spud an exploration well on the Key Largo prospect, on Walker Ridge Block 578, Gulf of Mexico, in Q3. It will be the first well drilled with a new-build deepwater drillship. Marathon Oil is operator and holds a 60% working interest in the prospect…
Lundin Petroleum has announced a successful initial appraisal campaign offshore Malaysia and the start of drilling on a new exploration well in the Barents Sea. The Barents well is exploration well 7220/11-1 in PL609 in the Norwegian sector of the Barents Sea…
The living quarters platform (LQP-1) topside for the Vladimir Filanovsky field has arrived at its north Caspian Sea destination from Krasnye Barrikady shipyard in Russia’s Astrakhan region, the Russian Maritime Register of Shipping (RS) announced on 5 August…
Norwegian drilling technology specialist Tomax released a video from an internal research program with recordings of the actual pressure impact from the drill-bit nozzles. The video gives an insight to a “blind-zone” that is often critical for pressure-sensitive deepwater operations.
Serica Energy has completed a farm out on UK East Irish Sea Blocks 113/26b and 113/27c (License P.1482) with Centrica, through its subsidiary Hydrocarbon Resources Limited (HRL). Under the agreement, HRL has acquired an operated 45% interest in the license…
Galp Energia will plug and abandon its Tao-1 exploration well in the Tarfaya block offshore Morocco after encountering unfavorable reservoir quality in the Trident objective, partner Tangiers Petroleum announced on 4 August 2014. The…
CAMAC Energy discovered four new oil and gas reservoirs during drilling on an Oyo field development well in OML 120 offshore Nigeria, the firm said today (4 August). Drilling on Oyo-8 started on 15 June. A vertical section of the well…
Eni made a gas and condensates discovery in the Nyonie Deep exploration prospect in block D4, about 13km from the coast of Gabon. ENI estimates initial potential in place is 500MMboe. The discovery was made in the pre-salt of Gabon through the NFW Nyonie Deep 1 well…