U.S. oil major ExxonMobil has made another oil discovery at the Tanager-1 well off Guyana but the discovery was deemed non-commercial.
Subsurface Imaging, part of CGG’s Geoscience division, has secured two large-scale seismic reprocessing contracts from PTTEP. Over the course of the next year, CGG, through its offices in Kuala Lumpur, will conduct merged reprocessing of surveys from many vintages, including towed-streamer as well a
Swedish oil and gas company Lundin has not been able to find any hydrocarbons at the Polmak well exploration well in the Barents Sea offshore Norway.
Despite concerns that Covid-19 could drive down discovered volumes to their lowest levels in decades, exploration activity has been resilient this year with discovered resources set to hit 10 billion boe in 2020.
Following a recent one-well contract award, Maersk Drilling has now also secured a one-well extension for the Maersk Viking drillship with Shell in Brunei.
The number of active offshore rigs in the U.S. inched up by one unit last week after a small decline the week before, according to data by Baker Hughes.
Yinson has released a video showing the inside workings of its Abigail-Joseph FPSO, which is now in production on a field located offshore Nigeria.
Ghana has imposed its terms and conditions for the Italian oil major Eni and domestic explorer Springfield E&P for the unitisation of their adjacent fields.
Shelf Drilling is selling five of its stacked drilling rigs. The rig owner has also won a couple of new gigs while some contracts have been suspended.
Oil major BP is making progress with the drilling of the Ironbark well located offshore Australia.
Oil and gas company Aker BP has started production from the Ærfugl phase 1 project development located in the Norwegian Sea.
Equinor has awarded contracts for concept studies to progress the Wisting project development, in the Barents Sea, towards a final concept select decision.
LOC Group has been awarded new contracts with SBM Offshore to act as Marine Warranty Surveyor on two of its FPSO projects.
Jadestone Energy has settled a dispute with Teikoku Oil, a subsidiary of Japan’s Inpex Corporation, in respect of Block 05-1 PSC, located offshore Vietnam.
