OMV has been given the green light to drill exploration wells 6506/11-11 S and 6506/11-11 A on the Halten Terrace in the Norwegian Sea. The wells are in production licence 644/644 B containing the high-pressure, high-temperature gas/condensate Hades and Iris discoveries…
UK small cap player Independent Oil and Gas (IOG) has signed a Letter of Intent to use Maersk Drilling's Maersk Resilient jack-up rig to drill the Harvey appraisal well in the southern sector of the UK North Sea. The well is expected to be started in July…
Norwegian offshore engineering company Aker Solutions has launched a new software and digital services company called ix3 that it says will enable operators to accelerate field development projects and optimize asset performance.At the core…
BP has awarded TechnipFMC an integrated engineering, procurement, construction and installation (iEPCI) contract subsea systems on its Thunder Horse South Expansion 2 Project located in the Gulf of Mexico.Project sanction on the Thunder Horse project…
Baker Hughes, a GE company, has been awarded a contract to supply turbomachinery equipment for the first phase of its Greater Tortue Ahmeyim floating liquefied natural gas (FLNG) project offshore Mauritania and Senegal. BHGE will provide the…
BP is set to go ahead with its Thunder Horse South Expansion Phase 2 project in the deepwater Gulf of Mexico after announcing project sanction. Thunder Horse Expansion Phase 2 will boost output at one of the largest oil fields in the Gulf of Mexico by about 50…
India's state-owned oil company Oil and Natural Gas Corporation (ONGC) has given a Notification of Award for for the US$2.1 billion charter and operations of a floating production, storage and offloading (FPSO) vessel. The FPSO is due to be…
Murphy Oil has made discoveries offshore Vietnam and Mexico, the company has reported.The discovery in Mexico was Murphy's first exploration test on Block 5 in the Salinas Basin. The Cholula-1EXP exploration well was drilled in about 2,300…
Norwegian exploration firm Equinor has been given the green light to drill the Sputnik exploration well in the Barents Sea. Well 7324/6-1 will be drilled in about 449 meter water depth using Seadrill's West Hercules semisubmersible drilling rig in production licence 855…
The United States is deeply concerned by Turkey’s announced intentions to begin offshore drilling operations in an area claimed by Cyprus as its exclusive economic zone, a State Department spokesperson said on Sunday.Turkish media on Saturday…
Shell UK is to extend its contract for use of Aberdeen-headquartered driller Awilco Drilling's WillPhoenix semisubmersible drilling rig for decommissioning operations in the UK North Sea. Shell UK, which already has the rig on contract, has…
Occidental Petroleum Corp has revised its bid for Anadarko Petroleum Corp. increasing the amount of the US$38 billion deal that it would pay in cash. The Houston-headquartered firm's move is part of its bid to overthrow Chevron's $33 billion offer for Anadarko…
UK-based underwater vehicle services company Modus Seabed Intervention has agreed with Saab Seaeye to buy its second Sabertooth hybrid autonomous underwater vehicle (HAUV).The 3,000-meter rated Sabertooth will be equipped with extended autonomous…
Norwegian offshore driller Island Drilling Company has been awarded a contract with Faroe Petroleum Norge to drill one well in the Norwegian Sea, using the Island Innovator drilling rig.The well is located on PL888 Canela license, Block 6507/7…
Norwegian oil and gas firm Equinor reported on Friday a small fall in quarterly operating profit, beating forecasts, and said its giant Johan Sverdrup oilfield in the North Sea remains on track to start production in November.Earnings before interest and tax (EBIT)…
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