Oman's Ministry of Oil & Gas (MOG) has announced an oil and exploration bid round which includes two blocks offshore. The two offshore blocks 18, 59 are being opened to bidders alongside onshore blocks 43A, 54, 58. Block 18 is in…
Oil & Gas UK's Q2 2014 Business Sentiment Index has revealed that industry optimism has fallen for the fifth consecutive quarter, but remains positive, just, at two points above zero on the -50 to +50 index. The industry body described…
Marathon Oil is due to spud an exploration well on the Key Largo prospect, on Walker Ridge Block 578, Gulf of Mexico, in Q3. It will be the first well drilled with a new-build deepwater drillship. Marathon Oil is operator and holds a 60% working interest in the prospect…
TGS is to start Snipe Phase 52, a new long-offset 2D multi-client survey in the ultra-deep water, US Central Gulf of Mexico in Q3 this year. The survey, which will take about 100 days, will include 12,000km of data exending to the US-Mexico international boundary…
Lundin Petroleum has announced a successful initial appraisal campaign offshore Malaysia and the start of drilling on a new exploration well in the Barents Sea. The Barents well is exploration well 7220/11-1 in PL609 in the Norwegian sector of the Barents Sea…
The US Environmental Protection Agency (EPA) lifted a suspension and proposed debarment and removed the statutory disqualification imposed on Houston-based explorer W&T Offshore, the company announced on 5 August 2014. US EPA Administrator Gina McCarthy…
Chevron’s Anchor-1 well was junked due to mechanical difficulties. Located in Green Canyon block 807, 131 mi. from Louisiana in the Gulf of Mexico, Anchor-1 was abandoned before reaching its geologic objectives, according to Cobalt International Energy’s 2Q 2014 results…
The living quarters platform (LQP-1) topside for the Vladimir Filanovsky field has arrived at its north Caspian Sea destination from Krasnye Barrikady shipyard in Russia’s Astrakhan region, the Russian Maritime Register of Shipping (RS) announced on 5 August…
Left: Martin Wilson; Right: Dr. Mark Burton The Aberdeenshire-headquartered STATS Group opened a new intervention engineering and technical support hub and recruited two pipeline intervention services team members…
Norwegian drilling technology specialist Tomax released a video from an internal research program with recordings of the actual pressure impact from the drill-bit nozzles. The video gives an insight to a “blind-zone” that is often critical for pressure-sensitive deepwater operations.
GDF Suez E&P UK has renewed its Integrated Services Contract (ISC) with Petrofac. The contract covers operations, maintenance and engineering services support to GDF SUEZ E&P UK throughout its operations in the UKCS, including Cygnus, the…
National Grid Carbon Limited (NGC) has awarded the multi-million pound front end engineering and design (FEED) contract for its carbon capture and storage pipeline to oil and gas engineering firm Genesis (a Technip subsidiary). Genesis…
Aibel has been awarded a framework agreement by Marathon Oil Norge for the supply of front end engineering design (FEED) and study assignments. The first assignment has already been specified - a study to clarify upgrade solutions on the floating production…
Serica Energy has completed a farm out on UK East Irish Sea Blocks 113/26b and 113/27c (License P.1482) with Centrica, through its subsidiary Hydrocarbon Resources Limited (HRL). Under the agreement, HRL has acquired an operated 45% interest in the license…
BW Offshore has agreed a US$800 million, 10-year credit facility for the Catcher floating production, storage and offloading project. The facility is a combined construction and long term financing facility. The credit facility was substantially…
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