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Exploration & Production

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Fossil EnergyProject & TendersEquipmentBusiness & Finance
Karoon spuds Echidna well (Brazil)
Exploration & Production

Karoon spuds Echidna well (Brazil)

Karoon Gas Australia has announced the spudding of the third well in the current Santos Basin drilling campaign, the Echidna-1 exploration well, at 1500 hrs BRT on March 31, 2015. The top of the reservoir section is expected to be penetrated within approximately 3 weeks with the well reaching a plan

about 11 years ago
Hess orders Stampede IMMS from BMT
Exploration & Production

Hess orders Stampede IMMS from BMT

BMT Scientific Marine Services (BMT), has been selected by Hess Corporation to supply an Integrated Marine Monitoring System (IMMS) for the Stampede Tension Leg Platform (TLP) in the U.S. Gulf of Mexico. The system includes instrumentation to measure the environmental conditions impacting the TLP an

about 11 years ago
Lime Norway boosts interest in offshore licence
Exploration & Production

Lime Norway boosts interest in offshore licence

Hibiscus Petroleum’s jointly-controlled entity, Lime Norway, has executed an agreement with Skagen44 to acquire an additional 10% interest in PL616, located in the North Sea. The transfer of this additional stake is subject to regulatory approval, and upon completion, will increase Lime Norway’s int

about 11 years ago
SPE Aberdeen names new chairman
Exploration & Production

SPE Aberdeen names new chairman

The Society of Petroleum Engineers (SPE) Aberdeen Section has appointed Shankar Bhukya as its new chairman, taking over from Ross Lowdon who has stepped down due to re-location to Houston. Beginning his career as regional applications engineer at Smith Services in Aberdeen, Bhukya has more than eigh

about 11 years ago
CAMAC readies Oyo-8 for production. FPSO inspection delays it
Exploration & Production

CAMAC readies Oyo-8 for production. FPSO inspection delays it

CAMAC Energy Inc. has finished completion operations on the Oyo-8 well, located offshore Nigeria, and is now ready to start oil production. Oyo-8 is hooked up to the Bumi Armada-owned FPSO Armada Perdana. However, CAMAC has been informed by Bumi that the FPSO is not ready to receive oil production f

about 11 years ago
BP terminates another rig contract
Exploration & Production

BP terminates another rig contract

UK-based offshore drilling contractor Ensco has, from oil company BP, received a notice of early termination for ENSCO DS-4, a drilling rig operating in the U.S. Gulf of Mexico. The estimated effective date of the contract termination is July 2015 based on the projected completion of the customer’s

about 11 years ago
Keppel FELS hands over jack-up newbuild to Pemex
Exploration & Production

Keppel FELS hands over jack-up newbuild to Pemex

Keppel FELS, a subsidiary of Keppel Offshore & Marine Ltd, has delivered a KFELS B Class jack-up rig to Mexican national oil company, Petróleos Mexicanos (PEMEX). The rig was named Kukulkan by Lady Sponsor Valerie Pahl-Hernandez, wife of Gustavo Hernandez Garcia, Director General of PEMEX Exploratio

about 11 years ago
Maersk Oil: Production starts from new Tyra platform
Exploration & Production

Maersk Oil: Production starts from new Tyra platform

Maersk Oil has informed that production has started from the new unmanned platform Tyra Southeast-B, located in the Danish North Sea. According to Maersk, the platform is expected to add reserves of 50 million barrels of oil equivalent (BOE) over the next 30 years to Danish production. “The Tyra Sou

about 11 years ago
Kindele-1 well offshore Angola disappoints VAALCO
Exploration & Production

Kindele-1 well offshore Angola disappoints VAALCO

VAALCO Energy, Inc. has announced that the post-salt Kindele-1 well, its first exploration well on Block 5 offshore Angola, was drilled to a total vertical depth of approximately 1,829 meters. VAALCO started drilling Kindele-1 well on March 2, 2015 with Celtic Sea semi-submersible drilling rig. Acco

about 11 years ago
Northern Offshore delays deliveries for two jack-up rigs
Exploration & Production

Northern Offshore delays deliveries for two jack-up rigs

Northern Offshore, Ltd. has negotiated a nine month delay in the deliveries of its high specification jack-ups, Energy Engager and Energy Encounter from a shipyard in China. The new delivery dates for these units are December 2016 and June 2017 respectively. President and CEO Gary Casswell commented

about 11 years ago
Neptune to move rigs for Apache
Exploration & Production

Neptune to move rigs for Apache

Neptune has been awarded an 18 month rig positioning and mooring services contract for Apache Energy Limited in Australia. The contract which has two possible 12 month extensions, will see Neptune mobilising survey equipment and personnel on-board the semi-submersible rigs, Ocean America and Ocean M

about 11 years ago
A day in history: This rig gave birth to Norwegian oil industry
Exploration & Production

A day in history: This rig gave birth to Norwegian oil industry

Norway is today Europe’s largest oil producer and exporter. However, it has not always been like that. According to the Norsk Olje & Gass, in a letter of February 1958 to the Ministry of Foreign Affairs, the Norwegian Geological Survey wrote the following:”The chances of finding coal, oil or sulphur

about 11 years ago
BP terminates drilling rig contract with Seadrill Partners
Exploration & Production

BP terminates drilling rig contract with Seadrill Partners

British oil giant BP has terminated a contract for the West Sirius semi-submersible drilling rig, owned by Seadrill Partners. In a statement issued today, Seadrill said the termination would become effective by early May 2015, following the rig completing the current well and demobilization. The rig

about 11 years ago
Brazil: Man arrested over rig contracts bribery allegations
Exploration & Production

Brazil: Man arrested over rig contracts bribery allegations

A person connected to drilling rigs construction contracts between Brazilian drilling contractor Sete Brasil and Singapore’s rig builder Sembcorp Marine, has been arrested. According to Sembcorp Marine, based on allegations by Petrobras’ former engineering manager Pedro Jose Barusco, Brazilian autho

about 11 years ago
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