Rockhopper Exploration plc, the North Falkland Basin oil and gas exploration company, announces that it has entered into a further assignment agreement to secure an additional well slot using the Ocean Guardian drilling rig. Rockhopper intends to utilise the additional well slot to drill a well on t
The oil and gas group PA Resources has made an oil discovery in the Miocene sandstone level in the Lille John prospect in License 12/06 offshore Denmark. The exploration well will now be sidetracked to a Chalk target. The ongoing exploration well at the Lille John prospect has encountered approximat
Anadarko Petroleum Corporation today announced an agreement with BP to settle all of BP’s current and future claims against Anadarko associated with the Deepwater Horizon event. Under the terms of the settlement agreement, Anadarko agrees to pay $4.0 billion to BP, and both parties have agreed to m
AMEC, the international engineering and project management company, has been appointed by BP and its partners, Shell, ConocoPhillips and Chevron, to deliver the engineering and project management services (EPMS) for the main platform design for Clair Ridge, the second phase of the giant Clair oil fi
TGS has commenced acquisition of a 3D multi-client survey covering 1,500 km2 between the Finnmark Platform and Nordkapp Basin in the Barents Sea. The 150 km long survey follows the bended strike direction of the inverted margin between the two major structural elements in the region. “We believe the
Petrobras and BG Brasil recently signed a Technical Cooperation Agreement (TCA) at the Petrobras main office building to join forces in developing key technological solutions for overcoming the challenges they both face. The three-year agreement will initially cover well construction and production
China’s biggest offshore oil producer, CNOOC Ltd , has been hit by another oil leak in north Chinese waters, state media reported on Saturda… Source: Reuters [mappress] Source: Reuters, October 16, 2011;
Today, KCA Deutag announced it has been awarded a major contract, by TAQA Bratani, to supply platform drilling and maintenance services to four North Sea drilling platforms (Eider, Tern, North Cormorant and Cormorant Alpha). The primary term of this contract is three years and the award represents n
Statoil has received consent to carry out exploration drilling in the northern North Sea with the COSL Pioneer mobile facility. The consent relates to the drilling of exploration well 33/12-9S which is part of production licence 152. Statoil (70%) is the operator with Petoro (30%) as the partner. CO
BP will be allowed to participate in an upcoming U.S. offshore oil and gas lease sale despite its role in the largest offshore oil spill in U.S. history, a top government regulator said on Thursday… Reported by: Ayesha Rascoe (Reuters) [mappress] Source: Reuters, October 14, 2011
Dolphin Drilling Ltd., a subsidiary of Fred. Olsen Energy ASA, has entered into a Letter of Award for the provision of the semi-submersible Borgsten Dolphin with an undisclosed client for a three well drilling program in the UK sector. The contract is expected to commence mid March 2012. Estimated c
ITF is calling on technology developers to come forward with innovative solutions to drilling, well intervention and subsea challenges, with the potential for successful proposals to receive up to 100% funding. Submission deadlines are fast approaching for three global calls for proposals, following
Leighton Offshore today announced the award of an additional Single Point Mooring (SPM) contract by Iraq’s South Oil Company (SOC). The SPM contract worth US $79.85m is in addition to the $799m Phase 1 Iraq Crude Oil Export Expansion Project (ICOEEP) scope currently underway. The work will be undert
ABB, the leading power and automation technology group, has won an order worth about $36 million from oil services company Aker Solutions to provide drives and transformers to their subsea power distribution system for the Asgard subsea oil and gas field operated by Norway’s Statoil. The order was b
