Eni successfully completed the Evans Shoal North-1 appraisal well in the Evans Shoal gas field in the Timor Sea, Australia. The field is located offshore in the NT/P48 exploration permit in the north Bonaparte Basin, approximately 300km northwest of Darwin…
Standard & Poors said that Transocean Ltd. (RIG) would replace computer maker Dell Inc. (DELL) in the S&P 500 index, effective 28 Oct 2013. The S&P 500 index one of the most commonly followed stock market (equity) indices and it is based…
Eni's Vietnam subisidiary, Eni Vietnam BV, has spud the Ca Ngu-1 exploration well off central Vietnam, partner KrisEnergy announced. The Ca Ngu-1 well, which is being drilled by the Songa Mercur semisubmersible rig, is located in the Gulf of Tonkin in Block 120…
The Wintershall-operated Asha East well offshore Norway has come up dry, partner Bridge Energy announced. The well will be plugged and abandoned due to no signs of movable hydrocarbons, Bridge said. The primary target in Asha East…
Repsol Exploration Norge AS, operator of production license (PL) 541, has completed drilling of wildcat well 4/4-1, located about 60km east of the Trym field in the southern part of the North Sea. The well is dry. The objective of the…
Lundin Petroleum, through its wholly-owned subsidiary Lundin Norway, posts the completion of wildcat well 6608/2-1S. The well was drilled in PL330 about 60km east-southeast of the Aasta Hansteen gas field in the Norwegian Sea. The exploration well 6608/2-1S…
The Norwegian Petroleum Directorate (NPD) released a report appraising five field developments on the Norwegian Continental Shelf with investments exceeding NOK 10 billion (approximately US$1.7 billion). The report examines five fields on the Norwegian Continental Shelf (NCS) – Skarv…
Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), announced the completion of wildcat well 6608/2-1S. The well was drilled in PL330 about 60km east-southeast of the Aasta Hansteen gas field in the Norwegian Sea…
The Caspian Sea is a land-locked interior basin with established oil and gas production that has seen increasing activity since the bordering nations gained independence from the former USSR in the late 1990s. Five nations surround the sea: Russia…
For the second time since it produced first oil a month ago, a gas leak has sidelined Kashagan’s operations. The North Caspian Operating Company (NCOC) said that the leak was found on a pipeline running from the artificial D Island to the onshore Bolashak processing plant in Atyrau…
Keppel AmFELS LLC was awarded a contract from Central Panuco S.A. De C.V to build a KFELS B Class jackup rig worth US$240 million. Scheduled for delivery in late 2015, the jackup rig is intended for operations in offshore Mexico. This…
Churchill Drilling Tools, provider of systems for the drilling and completions markets, has announced the deployment of its dart-activated DAV MX circulating valve at a record measured depth of 26,012 ft. The achievement was delivered out of Churchill’s recently-opened Houston base…
Subsea 7 on Cardona Subsea 7 was awarded a contract worth more than US$70 million by Stone Energy for Cardona field in the US GOM. Scope includes engineering, procurement, installation, and flowlines commissioning, risers, pipeline structures…
Lundin Petroleum subsidiary Lundin Malaysia won the approval of its Bertam field development plan from Malaysia's Petronas. The Bertam field marked Lundin’s first development project in the country. Bertam, located about 100 mi offshore Peninsular Malaysia in PM 307…
Maersk Drilling held a naming ceremony for its first ultra-deepwater drillship at Samsung Heavy Industries (SHI) in Geoje-Si, South Korea. The ship, called the Maersk Viking, was named by Nathalie Newman, wife of Harry E. Newman Jr., ExxonMobil Global Drilling Manager…