Gazprom Neft subsidiary Gazpromneft-Sakhalin has started drilling an exploratory well in its Dolginskoye field, located 75km off Russia in the Pechora Sea, the operator announced today. It is the fourth well drilled at the site, after two drilled in North Dolginskoye and one in South Dolginskoye…
Statoil announced further delay in developing the Johan Castberg project, postponing final concept selection on the Barents Sea project until 2015. “Unfortunately, the exploration campaign has proven less new oil resources in the Castberg area than expected…
The Leviathan field consortium has signed a preliminary deal with BG Group to export up to 3.75Tcf of natural gas over a 15-year period to the UK major’s LNG plant in Idku, Egpyt, operator Noble Energy announced. Under the terms of the non-binding letter of intent (LOI)…
Premier Oil has sold interest in six Central North Sea offshore licenses to Hungary’s MOL Group for US$130 million, the duo announced on 30 June 2014. The sale includes non-operated equity stakes in the Nexen-operated Scott (21.84%), Rochelle (15%) and Telford (1…
The Norwegian Petroleum Directorate has granted Norwegian exploration and development company, Det norske oljeselskap ASA, a drilling permit for well 2/9-5 S. Well 2/9-5 S will be drilled from the Mærsk Giant jackup drilling facility at position 56°24’45…
Three days after the Berkut platform was installed on the Arkutun-Dagi field, Russian Federation President Vladimir Putin gave permission for the platform to begin operations via videoconference. The Arkutun-Dagi field is part of the multi-billion-dollar Sakhalin-1 project…
Statoil opened a new improved oil recovery (IOR) center in Trondheim the same day it announced an R&D-focused strategic agreement between subsidiary Statoil Technology Invest (STI) and Scottish Enterprise. The new IOR center will be the largest center of its kind in the country…
Statoil announced it has awarded a joint venture contract to Technip and DeepOcean for Pipeline Repair System (PRS) Pool services. The contract was sent out on competitive tender by Statoil in December 2013 and will replace the existing one…
Statoil’s Brugdan II well offshore the Faroe Islands is being plugged and abandoned after finding no hydrocarbons. The well, which was a re-entry of the 6104/21-2 well, was drilled to 4542m, 130km offshore the Faroe Islands. Drilling…
Canada's National Energy Board (NEB) has approved a Geophysical Operations Authorization (GOA) application from TGS-NOPEC Geophysical Company (TGS), Petroleum GeoServices (PGS), and Multi Klient Invest (MKI) to conduct a 2D offshore seismic…
The naming ceremony of the semisubmersible rig Deepsea Aberdeen was celebrated at the Daewoo Shipbuilding and Marine Engineering yard in Okpo, South Korea 25 June. The sea trials will roll out from July-August. Odfjell Drilling…
Tangiers Petroleum has said the Ralph Coffman jackup rig started drilling at the TAO-1 exploration well, offshore Morocco, yesterday. The TAO-1 well is within a proven petroleum system, adjacent to the Cap Juby heavy oil discovery and has been designed to test up to three stacked objectives…
Bourbon Offshore celebrates delivery of its 500th vessel, placing the group at the head of the world's largest fleet of vessels operated1 for the offshore marine services industry. Bourbon announces the entry into service of the Bourbon Evolution 806…
Eni has entered into a production sharing contract (PSC) with state-owned PetroVietnam for the exploration of Block 122, off eastern Vietnam. The Italian firm’s CEO, Claudio Descalzi, met with PetroVietnam President and CEO, Do Van Hau, in…
Fractured basement explorer Hurricane Energy has successfully completed the testing phase of its horizontal appraisal well in the Lancaster fractured basement oil discovery West of Shetland. The well will be suspended as a future producer…
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