Norwegian oil giant Statoil has increased its holdings off east Africa after acquiring a 12% working interest in a licence offshore Tanzania from Petrobras. The stake in Block 6 covers 5549sq km in the Mafia basin, with water depths of 1800m…
Petroceltic International has said the first of a four-well campaign in the Black Sea is to be plugged and abandoned after finding sub-commercial gas shows. The Kamchia-1 exploration well, in the Galata concession offshore Bulgaria,…
UK North Sea spending on well services has reached an all time high, according to a survey by industry body Oil & Gas UK. Its well well services sector report, based on a survey carried out since 1996, showed companies delivering drilling…
Lundin Norway AS completed drilling on wildcat well 7/4-3, 24 km north of the Brynhild field in the southern part of the North Sea. Lundin plugged and abandoned the well as a dry hole. Drilled by the Maersk Guardian to a vertical depth of 2957 m below sea surface…
Brazil is a veritable diamond in the rough for foreign and local investors alike. Firms are investing in new centers of technology, fabrication, and worker training to alleviate the country’s skills and infrastructure difficulties. Brazil is very much the place to be at the moment…
Global oil services provider AGR Petroleum Services has signed an £18 million ($US 27.1 million) contract with Genel Energy to deliver well management services for Genel Energy’s North and West Africa offshore drilling campaign. The contract…
The Norwegian Petroleum Directorate awarded Statoil AS a drilling permit for well 6608/11-8, production license 128 in the Norwegian Sea, the agency announced on May 22, 2013. The well will be drilled from the Songa Trym drilling facility at position 66° 07' 39…
Noble Energy confirmed that it has made a natural gas discovery at the Karish prospect off Israel. The Karish discovery well, located in the Alon C license 20 miles northeast of Tamar field, encountered 184ft of net natural gas pay in high-quality lower Miocene sands…
Iran will invest US$16 billion to develop the offshore South Pars gas complex over the next 10 months, a natural gas company director said. Pars Oil and Gas Co. Managing Director Mohammadreza Zahiri said that most of the funding will come from domestic sources…
New uses for present technology with new equipment to further effectiveness The Coiled Tubing and Well Intervention Conference, sponsored by ICoTA, the Intervention and Coiled Tubing Association, was held in late March in The Woodlands Conference Center north of Houston…
The Carla South I-7 ST-1 sidetrack to the I-7 exploration well in Block I has encountered oil in good quality sandstones. The sidetrack in Block I in Equatorial Guinea has reached a total measured depth of 3,460 m. Drill cuttings, wireline…
Environmental regulation has made drilling fluid selection increasingly difficult. Dr. James Gaertner describes a new water-based mud that balances performance and compliance. There are two things the oil and gas industry can be certain of moving forward…
The IADC (International Association of Drilling Contractors) North Sea Chapter recognised the very best in safety performance at its annual Safety Awards Ceremony held in Aberdeen recently. “The Safety Awards Dinner is our opportunity…
Noble Energy has found 'significant signs of gas' on the Karish 1 well 75km north west of Haifi in Israeli waters, according to partners on the project. Delek Group said, according to information from Noble, 60ft of natural gas bearing…
Mediterranean-focussed oil and gas explorer Energean Oil & Gas is seeking to increase its exploration and production plans offshore Greece after a cash injection. The firm has had a cash injection of $60million from the newly-created Third Point Hellenic Recovery Fund…