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Exploration & Production

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Fossil EnergyOil & GasRigsBusiness Developments & ProjectsInfrastructureProject & TendersSubseaSurveys & InterventionsAuthorities & GovernmentResearch & DevelopmentTransitionEquipmentRegulation & PolicyTechnologyBusiness & FinanceSafetyMarket OutlooksSeismic
West Mira rig ready for Wintershall Dea’s Vega field
Exploration & Production

West Mira rig ready for Wintershall Dea’s Vega field

Oil and gas company Wintershall Dea has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for production drilling on the Vega field using the West Mira drilling rig.

about 6 years ago
Norway
Exploration & Production

Norway to double funds for seabed minerals exploration

The Norwegian Government has proposed to increase funding for mapping of seabed minerals and knowledge building. In its revised National Budget for 2020, Norway is looking to boost its previous funding from 70 to close to 140 million Norwegian kroner. Tina Bru, Norwegian Minister of Petroleum and En

about 6 years ago
West Phoenix rig; Source: Equinor
Exploration & Production

Neptune boasts world’s first dual drilling from subsea template

Oil and gas company Neptune Energy has conducted ‘the world’s first’ dual drilling operation from an integrated subsea template structure at the Fenja field in the Norwegian North Sea.

about 6 years ago
Leiv Eiriksson; Source: Lundin
Exploration & Production

Go-ahead for Spirit Energy’s Barents Sea drilling plans

Oil and gas company Spirit Energy has been given a drilling permit to drill the 7321/8-2 S well in the Barents Sea, offshore Norway.

about 6 years ago
West Bollsta; Source: Semco Maritime
Exploration & Production

Lundin cleared to drill Barents Sea well

Swedish oil company Lundin Energy has been given a drilling permit to drill the 7219/11-1 well in the Barents Sea, offshore Norway.

about 6 years ago
PGS
Exploration & Production

PGS kicks off Viking Graben extension project

PGS seismic vessel Ramform Vanguard has begun a new multi-azimuth marine seismic survey in the North Sea. This industry-funded project further extends the GeoStreamer X area within the Viking Graben by 1160 square kilometres. Norwegian seismic player said the first data is due in the third quarter 2

about 6 years ago
WilPhoenix rig
Exploration & Production

Serica seals the deal for Awilco rig

Serica Energy and drilling contractor Awilco have signed a contract for the provision of WilPhoenix rig for one-well workover on the Rhum field located off the UK.

about 6 years ago
The West Hercules drilling rig. (Photo: Equinor/Ole Jørgen Bratland)
Exploration & Production

Equinor granted drilling permit for North Sea well

Norwegian oil major Equinor has been given a drilling permit to drill the 30/2-5 S well in the North Sea, offshore Norway.

about 6 years ago
Island Innovator; Source: Island Offshore
Exploration & Production

Green light for OMV to use Island Innovator rig in Norwegian Sea

Austrian oil and gas company OMV has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling in the Norwegian Sea using the Island Innovator drilling rig.

about 6 years ago
Equinor
Exploration & Production

Equinor sinks to quarterly loss due to low prices and impairments

Equinor recorded a loss in the first quarter of the year due to low oil prices and impairments of $2.5 billion but delivered a record-high production during the period.

about 6 years ago
Deepsea Yantai rig; Source: CIMC Raffles
Exploration & Production

Deepsea Yantai rig cleared to drill in North Sea for Neptune

Norwegian offshore safety body, the Petroleum Safety Authority (PSA), has given its consent to Neptune Energy for exploration drilling in the North Sea using the Deepsea Yantai semi-submersible drilling rig.

about 6 years ago
Aker BP
Exploration & Production

Aker BP swings to loss over impairment charges

Aker BP sank to a net loss in the first quarter of the year after being hit by impairments due to a significant decline in oil and gas prices.

about 6 years ago
Repsol
Exploration & Production

Red ink for Repsol amid sharp drop in oil and gas prices

Repsol posted a significant quarterly loss after being hit by volatility and decline in oil and gas prices, but it delivered an increased output during the period.

about 6 years ago
AGS
Exploration & Production

AGS firms up North Sea contract with Equinor

Norwegian ocean bottom node seismic company Axxis Geo Solutions (AGS) has secured a contract with Equinor for OBN survey in the North Sea. The deal follows a letter of intent signed with an undisclosed client in February this year. According to the Oslo-listed firm, the survey should commence later

about 6 years ago
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