Dolphin announced a new 3D Multi Client survey in cooperation with Spectrum to be acquired by the high capacity seismic vessel, M/V Polar Duke. The survey is located offshore Lebanon and will have a minimum size of 1,500 square kilometres. The acquisition is scheduled to finish within September, and
An expert group established by the Norwegian Ministry of Petroleum has in its report revealed that drilling costs in Norway are much higher than in other North Sea nations. “The report from the rig commission lays the basis for taking the measures need to increase the future availability of mobile u
Brazil’s oil and gas company Petrobras has revealed that the first oil from the Baleia Azul field, in the Espirito Santos Basin, will start flowing soon. The first oil at Baleia Azul is scheduled for this month, with FPSO Cidade de Anchieta, which has a capacity to produce 100,000 barrels of oil per
The Norwegian Petroleum Directorate, a governmental specialist directorate and administrative body, today released preliminary production figures for July 2012. The figures indicate an average daily production of about 1 857 000 barrels of oil, NGL and condensate. This is equal to June 2012. Total g
Karoon Gas Australia Ltd advises that at 06:00 hours (WST) today, Boreas-1 was drilling out cement in the 9-5/8” casing shoe. Since the last report, the BOP troubleshooting and function testing was completed satisfactorily and the 9-5/8” casing was successfully pressure tested. Drilling of the 8-1/2
U.S. oil company Chevron has appealed against the Brazil’s court decision to ban all drilling activities by Chevron and Transocean in the largest South America’s country. The court ordered the oil company and the drilling contractor to halt all drilling operations in Brazil due to their involvement
In the first six months of 2012, Denmark’s Ramboll Oil & Gas has employed 80 new oil and gas specialists. With more than 30 years in the business, the total number of Ramboll Oil & Gas employees now hits an all time high. Thanks to a continually growing demand for Ramboll’s engineering consultancy s
Thailand’s PTT Exploration and Production Public Company Limited or PTTEP has acquired the entire shares capital of Cove Energy Plc. The Offer process is declared wholly completed. On August 15, 2012, PTTEP received written consent to the indirect change of control in Cove from the Republic of Mozam
Russia’s Rosneft has begun exploration work at the East Prinovozemelsky 1 and 2 license blocks in the Kara Sea. Geological surveying has been started one year ahead of the license schedule. Work will run through October 2012. The surveying programme was devised together with ExxonMobil, Rosneft’s st
In the early morning hours of 10 August, the vessel Nordic Explorer concluded the acquisition of 2D seismic around Jan Mayen. The operation has been underway since 5 June. A total of 9 470 kilometres (64 linjes) have been acquired in this area. The vessel has now completed its assignment for the NPD
A third major operator will use AGR’s Managed Pressure Drilling system EC-Drill® following its success off Cuba. The move follows successful operations for Petronas and another client using EC-Drill®. Petronas has now assigned its contract for the system to the third operator. EC-Drill® is a step-ch
The Duart field was shut in on 26 July due to a process shutdown on the host Tartan platform and has remained shut in to date. During the shut in period additional technical issues have come to light which prevent the restart of gas processing on the Tartan platform. The gas process is required to [
Rosneft has begun offshore exploration at the South Russky license block in the Pechora Sea. A 3D CDP seismic survey covering 1,200 square kilometres is being carried out by three field exploration parties from Yuzhmorgeologiya. Yuzhmorgeologiya, Iskatel 5, Vyborgsky and Petrogradsky research vessel
Spectrum and Seabird Exploration have agreed to enter into a new agreement in which Spectrum agrees to acquire 2D data for a minimum value of USD 30 million over 48 months, commencing upon fulfillment of the USD 23 million in the initial contract. This is estimated to be in September 2012. The prici
