Noble Energy has made a new discovery in Block 1 offshore Equatorial Guinea, with the U.S. company expecting to produce new oil by tapping into existing infrastructure by October, the oil minister said on Tuesday.'We are excited to announce this discovery…
A developmental drilling program in the producing Manora field offshore Thailand has been completed ahead of schedule, project partner Tap Oil announced on Tuesday.The first of the three wells was spudded on July 9 by the Ensco 115 jack-up drilling rig…
Britain's Premier Oil Plc said on Monday it was looking to buy U.K. North Sea assets, after the Sunday Times reported that it was preparing to tap shareholders for cash to help it buy about $1.5 billion worth of oil fields.The company's shares fell as much as 12…
Lundin Petroleum must redesign the electricity supply to its Edvard Grieg oilfield, in line with plans laid when the company won permission to develop the North Sea resource in 2012, the Norwegian energy ministry said on Friday.Currently powered with gas turbines…
Brazil's state-controlled oil company Petroleo Brasileiro said on Friday it prepaid a 2 billion real ($516.13 million) loan due in 2020 from Banco do Brasil, and opened a new credit line for the same amount with the same bank due in 2025.The…
Turret specialist SBM Offshore has contracted Dubai based Drydocks World to construct the turret mooring system for Statoil’s Johan Castberg floating production storage and offloading (FPSO) vessel. The Johan Castberg FPSO will be permanently…
SBM Offshore has been awarded a contract for the delivery of a turret mooring system for Statoil's US$5.9 billion Johan Castberg floating production, storage and offloading (FPSO) vessel. The Norwegian Barents Sea project will tap an…
Bibby Offshore’s Houston-based division, Bibby Subsea, has successfully completed a subsea decommissioning project with Shell Pipeline, a subsidiary of Shell Oil US. Through its strategic alliance with US diving company, Aqueos Corp.…
Mubadala Petroleum has started a three-well drilling program at the Manora oil field in the northern Gulf of Thailand, says partner Tap Oil. The program in the G1/48 concession, using the Atwood Orca jackup drilling unit, comprises two development wells and an exploration well…
More than 3 billion boe remain in some 350 unsanctioned discoveries across the UK Continental Shelf (UKCS), according to information released by the Oil and Gas Authority (OGA). Of the 3 billion, the majority are 'small pools,' defined as less than 50 MMboe technically recoverable…
Saudi Aramco's offshore projects department has awarded a long-term agreement (LTA) to National Petroleum Construction Co. (NPCC) of Abu Dhabi for the execution of its offshore development program. It is the fifth LTA awarded by Saudi Aramco…
Mubadala Petroleum has completed drilling operations at the MNA-17 appraisal well in the Manora oilfield in the Gulf of Thailand, according to partner Tap Oil. The Manora Oil Development joint venture was able to appraise the 500 series sands and assess a separate untested fault block…
The Manora oil joint venture spudded the MNA-17 well offshore Thailand, in hopes of adding contingent resources at the development. The project area is located in the Northern Gulf of Thailand, and is a partnership between Mubadala Petroleum (60%)…
Quadrant Energy’s Driftwood-1 commitment well intersected water wet objectives offshore Western Australia. Image of the Tom Prosser, from Noble. Driftwood-1, is in the WA-320-P permit…
Quadrant Energy started drilling the Driftwood-1 well in the WA-320-P permit area in the Carnarvon Basin, offshore Western Australia. The well, being drilled with the Noble Tom Prosser jackup, is in the Barrow sub-basin of the Northern Carnarvon Basin…
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