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Exploration & Production

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PGS
Exploration & Production

PGS set for three new surveys off Canada

Marine geophysical firm PGS will carry out three new surveys for Eastern Canada in 2020. PGS’ new Blomidon, South Bank, and Torngat Extension GeoStreamer surveys are all supported by industry funding. Together they will cover approximately 10,000 square kilometres offshore Labrador and Newfoundland.

about 6 years ago
Saad Sherida Al-Kaabi; Source: Qatar Petroleum
Exploration & Production

Qatar Petroleum enters two Total blocks off Ivory Coast

State-owned Qatar Petroleum (QP) has entered into an agreement to acquire stakes in Total’s two exploration blocks offshore the Ivory Coast.

about 6 years ago
Equinor bites dust in North Sea well
Exploration & Production

Equinor bites dust in North Sea well

Equinor has drilled a dry well near the Fram field in the North Sea offshore Norway.

about 6 years ago
U.S. weekly offshore rig count tumbles third week in a row
Exploration & Production

U.S. weekly offshore rig count tumbles third week in a row

The number of offshore rigs in the U.S. has dropped for the third week in a row and now stands at just 12 active units, according to a weekly rig count report by Baker Hughes.

about 6 years ago
Shearwater
Exploration & Production

Apache taps Shearwater for Forties field 4D survey

Shearwater GeoServices has secured a contract from Apache for a 4D seismic survey with 3D extension over the Forties field. The Apache-operated Forties oil field is located 110 miles north-east of Aberdeen in the UK sector of the Central North Sea. The project will start in Q2 2020 and should last f

about 6 years ago
West Mira rig ready for Wintershall Dea’s Vega field
Exploration & Production

West Mira rig ready for Wintershall Dea’s Vega field

Oil and gas company Wintershall Dea has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for production drilling on the Vega field using the West Mira drilling rig.

about 6 years ago
Shelf Drilling Tenacious
Exploration & Production

Shelf Drilling books loss over rig impairments, takes action to cut costs

Shelf Drilling booked a loss of $185 million in the first quarter of 2020 due to rig impairment charges and is taking actions to reduce costs and preserve liquidity amid challenging market situation.

about 6 years ago
Valaris 115 rig; Source: Valaris
Exploration & Production

Mubadala set to kick-off three-well Manora drilling campaign

UAE-based Mubadala Petroleum has decided to drill, complete, and put on production three wells in the Manora field in the Gulf of Thailand.

about 6 years ago
Norway
Exploration & Production

Norway to double funds for seabed minerals exploration

The Norwegian Government has proposed to increase funding for mapping of seabed minerals and knowledge building. In its revised National Budget for 2020, Norway is looking to boost its previous funding from 70 to close to 140 million Norwegian kroner. Tina Bru, Norwegian Minister of Petroleum and En

about 6 years ago
West Phoenix rig; Source: Equinor
Exploration & Production

Neptune boasts world’s first dual drilling from subsea template

Oil and gas company Neptune Energy has conducted ‘the world’s first’ dual drilling operation from an integrated subsea template structure at the Fenja field in the Norwegian North Sea.

about 6 years ago
Dorado field illustration
Exploration & Production

Santos fires starting gun for Dorado FPSO supply competition

Australia’s Santos is pushing forward with its Dorado field development, located in the Bedout Basin offshore Western Australia.

about 6 years ago
Leiv Eiriksson; Source: Lundin
Exploration & Production

Go-ahead for Spirit Energy’s Barents Sea drilling plans

Oil and gas company Spirit Energy has been given a drilling permit to drill the 7321/8-2 S well in the Barents Sea, offshore Norway.

about 6 years ago
A jack-up rig; Source: Borr Drilling
Exploration & Production

Borr Drilling gets listing warning from NYSE

Borr Drilling has joined a growing list of offshore drilling contractors facing a possibility of being delisted from the New York Stock Exchange (NYSE).

about 6 years ago
Stena Forth drillship
Exploration & Production

Ghana hoping for new era in upstream by pushing for field unitization between Eni and Springfield

The government of Ghana is pushing for a fast-track development of a new oil discovery made by domestic operator Springfield E&P through a unitization agreement between Springfield and Eni.

about 6 years ago
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