Sinopec strikes $1.5B deal for Talisman UK JVTalisman Energy has completed its joint venture transaction with Sinopec subsidiary Addax Petroleum UK Limited (APUK) following receipt of government and regulatory approval, the company announced on 17 December 2012…
Transocean BarentsDana Petroleum has started drilling a new prospect in the Norwegian Sea in partnership with the operator Maersk Oil Norway.The drilling rig Transocean Barents has started operations on the Albert prospect in production license PL 513 in the Haltenbanken area…
Stena DrillMaxNo commercial find at Tullow’s Zaedyus-2 well Drilling at Tullow's Zaedyus-2 appraisal well has been completed offshore French Guiana, the company announced on 4 December 2012.The well, drilled 5km up-dip from the Zaedyus-1 discovery by the Stena DrillMax…
Petrobras cancels rig contract with Ocean Rig Petrobras has cancelled a leasing contract with Ocean Rig, the Brasilian NOC announced on 29 November 2012.Petrobras had announced in February that it planned to lease five drilling rigs…
COSL PioneerOperations have been temporarily suspended on the Brugdan II well offshore Faroe Islands, Statoil announced on 27 November 2012.Statoil and partners ExxonMobil and Atlantic Petroleum made the decision based on expected bad weather this winter…
Saipem has won new onshore drilling contracts worth approximately $500 million, the company announced on 23 November 2012.Saipem will utilize 13 rigs, three of which will be new purpose-built units, for work in Saudi Arabia, South America and Kazakhstan…
Photo: BPA new discovery at BP's Savonette field offshore Trinidad has doubled the field's estimated reserves to 2Tcf, the supermajor announced on 19 November 2012.The Savonette 4 exploration well encountered an estimated 1Tcf of gas in two reservoir intervals…
Tullow has reached an agreement for 40% operating interest in Houston-based Hyperdynamics' offshore Guinea concession, the two companies announced on 20 November 2012.In late October, Tullow expressed interest in joining the concession. Hyperdynamics…
Transocean WinnerLundin has spud an appraisal well on the northeastern flank of the Johan Sverdrup discovery, the company announced on 13 November 2013.The 16/2-16 well will be used to gather information on the recently drilled 16/2-13A in PL501 and 16/2-10 well in PL265…
Lundin Petroleum has commenced the fourth well in its 2012 Malaysian drilling campaign with the spud of Tembakau-1 exploration well in PM307 Block, offshore east coast Peninsula Malaysia.The well will target hydrocarbons in Oligocene and Miocene…
The oil & gas industry is no stranger to water injection and waterflood methods to increase recovery. One operating company is working out details on how to tailor the water used in waterflooding techniques to boost offshore recovery rates. Jennifer…
To meet drilling challenges, such as hole sections with long steep inclinations and severe doglegs, the keystone of a new drilling campaign offshore Thailand includes use of rotary steerable systems instead of the downhole motors traditionally used there…
Rising day rates and demand for drilling in deepwater environments are helping the offshore drilling sector recover from not just the global economic gloom of recent years but also the post-Macondo drilling moratorium in the US. According to…
A new range of four gastight well suspension plugs, designated the Lock series, was unveiled by well integrity specialist Archer during ONS.The series comprises four application-specific products: SafeLock, for short to medium term suspension periods…
Aker Solutions is opening an engineering office in the northeast of England. The company’s drilling technologies business will be the main beneficiary of the expanded Stockton-on-Tees presence.
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