Norwegian technology firm Badger Explorer has signed a memorandum of understanding with China's CNPC DR, signaling the firm's intention to become a full partner in the Badger Explorer development program. The Badger Explorer is a…
Badger Explorer and the University of Glasgow, supported by the Oil & Gas Innovation Centre (OGIC), will collaborate on the development of the Badger Explorer technology, a rig-less formation and reservoir evaluation tool. The device drills down to the target reservoir…
Technip has been was awarded the first contract to supply flexibles for the giant Libra field offshore Brazil. The contract will also see the first 8in oil production pipes to be installed in Brazil's pre-salt area. Libra Oil & Gas BV…
Petrobras announced a further hydrocarbon discovery at the giant pre-salt Libra field in the Santos basin, offshore Brazil. The Brazilian national said that well 3-BRSA-1310-RJS, in the central portion of the block, identified the presence of hydrocarbons in a low-porosity reservoir…
ROC Oil commenced drilling operations the second of two planned exploration wells in the Bohai Bay basin, offshore China, according to joint venture partner AWE. Map of Block 09/05. From ROC. The…
China’s Silk Road Fund (SRF) entered into an agreement with Russia’s Novatek to acquire 9.9% equity stake in the Yamal LNG project. Map of Yamal. From Total. Should the deal be approved…
Petróleos Mexicanos (PEMEX) is working with the Secretaría de la Función Pública (SFP) on an investigation involving a PEMEX worker for allegations of extortion from food service and hospitality company Súper Pereyra, S.A. de C.V. Image…
Technip has won the contract to provide detailed engineering and procurement services for the topsides of what will become a floating production and offloading (FPSO) for Brazil's multi-billion barrel pre-salt Libra field. The FPSO, which will be a conversion from a shuttle tanker…
The Petrobras Lava Jato (Car Wash) scandal is hitting Asia this week, as the names of two Singaporean shipbuilders are coming back into play for allegedly being linked to one of the largest oil and gas bribery and corruption waves to hit South America…
Petrobras said tests confirmed the size of the oil discovery at Libra's first appraisal well, 3-BRSA-1255-RJS (3-RJS-731), informally known as NW-1. Tests at the well, located 185km off Rio de Janeiro, proved an 290m oil column and carbonate reservors of high porosity and permeability…
Deltamarin Ltd. entered into a contract with Jurong Shipyard Pte Ltd. for the conversion of Teekay’s Navion Norvegia to the Libra floating production, storage and offloading unit (FPSO), for operations in the Libra field, offshore Brazil…
An oil discovery has been confirmed in the Libra field, offshore Brazil, Petrobras announced on 27 October. The Brazilian state-owned firm said the well 3-RJS-731 (informally known as NW-1) confirmed the discovery of good quality oil in the northwestern portion of the structure…
Brazil's state-run oil company, Petroleo Brasileiro, will sign a contract to build and lease a floating production ship for its Libra offshore project this month, company Chief Executive Maria das Gracas Foster said on 18 September, as reported by Reuters…
Badger Explorer ASA (BXPL) signed a co-operation agreement for a long term agreement with China National Petroleum Corp. Drilling Research Institute (CNPC DR), whereby CNPC DR will become a sponsoring partner in the development of the Badger Explorer autonomous drilling tool…
Petrobras announced drilling has started on the first exploration well on the Libra pre-salt area in the Santos basin offshore Brazil. Drilling on Libra, discovered in 2010, and estimated to contain 8-12 billion boe, comes as marine production…
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