Baker Hughes Inc. issued the October 2014 international rotary drilling rig count today, showing a total of 1308 rigs operating worldwide in October 2014, outside of the US & Canada. International activity in October was down 15 rigs from the 1323 rigs drilling in September 2014…
Karoon Gas Australia spudded the Kangaroo-2 appraisal well in Block S-M-1165, the first well in the current Santos basin exploration and appraisal drilling campaign, offshore Brazil. Map from Karoon. The…
Brazilian national oil company Petrobras announced that they will install a permanent 4D seismic monitoring system at the 1500sq km Lula field, in the pre-salt Santos basin. Four-dimensional seismic encompasses time, in addition to the three dimensions of space…
Rosneft has concluded seismic data acquisition on the East-Siberian-1 Block in the offshore area of the East Siberian Sea. The company carried out the seismic data survey independently with R/V Orient Explorer, with the amount of 2D work totaling 2000km…
Statoil’s final well in its 2013-2014 drilling campaign, wildcat well 7227/10-1, has come up dry and is permanently being plugged and abandoned, according to the Norwegian Petroleum Directorate (NPD). Map from Statoil…
While the specific terms of Mexico’s new contractual frameworks for its oil and gas industry are yet to be announced, the regime appears an attractive one and should be conducive to active bidding, according to an analyst with research and consulting firm GlobalData…
Stress Engineering Services, Inc., acquired Efird Corrosion International, Inc., a technical service and research company specializing in corrosion testing and analysis. According to Stress Engineering, the acquisition will provide new corrosion management and testing capabilities…
Höegh LNG Holdings Ltd. it taking its option to order a fifth floating storage and regasification unit (FSRU) at Hyundai Heavy Industries (HHI) in South Korea. The FSRU, which will be delivered during the 1H 2017, has full trading capability…
Atkins installed the subsea oil storage tank on the 40 million barrel Solan field west of Shetland, in the UK. Solan tank arrives on site. From Atkins. Fabricated at Dry Docks World Dubai…
The UK Government has announced that 134 licenses, covering 252 blocks, are being offered in the 28th offshore licensing round. Statoil, Total, Nexen, and EnQuest have the largest haul of operated licenses offered. A large number of smaller…
Andy Samuel, currently Managing Director of BG Group’s Exploration and Production in Europe, has been appointed as the inaugural CEO of the newly formed independent UK regulator, the Oil and Gas Authority (OGA). The UK government is…
BP is assessing a further phase development on its west of Shetland Clair field, which could see another new, large central processing facility built in the field. The move will seek widely spread areas of the estimated 7-8 billion barrel oil originally in place Clair field…
Statoil has decided to suspend two new rigs due to overcapacity in the rig portfolio. The semisubmersibles Transocean Spitsbergen and Songa Trym will be suspended through 2014, a period which might be extended. The Transocean Spitsbergen…
Texas-based Excelerate Energy has been selected by UK-based exploration firm Ophir Energy to lead a consortium to build Africa’s first newbuild, open seas FLNG project. Excelerate will lead a consortium of technology providers charged…
Testing, calibration and advisory services provider Exova Group has opened a new, purpose-built facility in Aberdeen in response to increasing demand for mission-critical testing in the oil and gas sector. Officially launched by Malcolm Webb…