Transocean, a Switzerland-based offshore drilling contractor, has notched up $26 million worth of rig contract extensions since its last update in March 2015. It has also lost a contract for one rig, and decided to scrap one. In its latest fleet update, Transocean Ltd. said it won contract extension
The Norwegian Petroleum Directorate has released preliminary production figures for March 2015 which show an average daily production of about 1 935 000 barrels of oil, NGL and condensate. This is 3 000 barrels per day (about 0.2 percent) more than in February 2015. Total gas sales were about 10.9 b
BG Norge AS, operator of production licence 373 S, is completing drilling of exploration well 34/3-5, located approximately five km southeast of the Knarr Field in the Northern North Sea, around 120 km West of Florø. The well is dry. The objective of well 34/3-5 was to prove petroleum in Early Juras
The Norwegian Petroleum Directorate (NPD) has granted OMV Norge AS a drilling permit for well 7324/8-2, in the Barents Sea. Well 7324/8-2 will be drilled from the Leiv Eiriksson semi-submersible drilling rig. The drilling programme for well 7324/8-2 relates to the drilling of a wildcat well in produ
Statoil has reported that petroleum and energy minister Tord Lien is opening the Valemon gas and condensate field in the North Sea today. The field was brought on stream on January 3, 2015. Expected recoverable reserves from the field are 192 million barrels of oil equivalent. “Valemon is one of sev
GMC LTD has just completed the Basic Design of a self-installing Buoyant Tower for the Prinos Field Development for Energean Oil and Gas (Athens, Greece). The design brief was twofold to find a way to extend the life and utility of the existing Prinos infrastructure, and to find a cost effective and
The investigation by the Petroleum Safety Authority Norway (PSA) into the incident on the jack-up rig Mærsk Giant, when a lifeboat was unintentionally launched to the sea, has now been completed. Several breaches of the regulations were identified. The rig was positioned on the Yme field in the sout
From 27 January to 5 February 2015, the Petroleum Safety Authority (PSA) Norway carried out an audit of Rowan Norway Ltd’s management of major accident risk and systems for barrier management on Rowan Gorilla VI (RGVI). The Rowan Gorilla VI is a Super Gorilla class jack-up drilling rig owned by Rowa
Rosneft, as part of Sakhalin-1 Consortium, has completed drilling of the “world’s longest well” at the Chayvo field, off the coast of Sakhalin Island. O-14 production well was drilled with Orlan drilling platform in direction of the field’s south-eastern point. According to Rosneft, the well has the
Bergen Group has decided to divest the company’s rig-service activity at Hanøytangen. The total transaction price is set to NOK 245 million ($30.2 million). Sale agreements have been concluded with Semco Maritime AS for the operational activity and with Hellik Teigen AS for the real estate. The well
Operator Statoil has together with PL602 partners made a gas discovery in the Roald Rygg prospect in the Norwegian Sea. This is the second discovery made by Statoil in the Aasta Hansteen area spring 2015. The drilling of the Roald Rygg well 6706/12-3 started on March 22, 2015 with a Transocean Spits
The Norwegian Petroleum Directorate (NPD) has granted Talisman Energy Norge AS a drilling permit for well 15/12-24 S, in the North Sea. Well 15/12-24 S will be drilled from the Maersk Giant jack-up drilling rig, just northeast of the Varg field in the central part of the North Sea. The drilling prog
The Norwegian Petroleum Directorate has granted Det norske oljeselskap AS a drilling permit for well 16/1-22 S, in the Norwegian part of the North Sea. The oil company will drill the well using the Maersk Interceptor jack-up rig in production licence 001 B, after completing the drilling of appraisal
Total E&P Norge AS, operator of production licence 627, is about to complete the drilling of wildcat well 25/6-5 S, in the Norwegian North Sea. The well is a gas discovery, which encountered a net 10 metre gas column in the high quality Middle Jurassic Hugin formation. The Skirne East exploration we
