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Exploration & Production

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West Bollsta; Source: Semco Maritime
Exploration & Production

Lundin cleared to drill Barents Sea well

Swedish oil company Lundin Energy has been given a drilling permit to drill the 7219/11-1 well in the Barents Sea, offshore Norway.

about 6 years ago
PGS
Exploration & Production

PGS kicks off Viking Graben extension project

PGS seismic vessel Ramform Vanguard has begun a new multi-azimuth marine seismic survey in the North Sea. This industry-funded project further extends the GeoStreamer X area within the Viking Graben by 1160 square kilometres. Norwegian seismic player said the first data is due in the third quarter 2

about 6 years ago
P-75 FPSO operating on the Buzios field
Exploration & Production

Petrobras hits two new oil discoveries offshore Brazil

Petrobras has made two new oil discoveries in Brazil’s offshore waters.

about 6 years ago
WilPhoenix rig
Exploration & Production

Serica seals the deal for Awilco rig

Serica Energy and drilling contractor Awilco have signed a contract for the provision of WilPhoenix rig for one-well workover on the Rhum field located off the UK.

about 6 years ago
The West Hercules drilling rig. (Photo: Equinor/Ole Jørgen Bratland)
Exploration & Production

Equinor granted drilling permit for North Sea well

Norwegian oil major Equinor has been given a drilling permit to drill the 30/2-5 S well in the North Sea, offshore Norway.

about 6 years ago
Island Innovator; Source: Island Offshore
Exploration & Production

Green light for OMV to use Island Innovator rig in Norwegian Sea

Austrian oil and gas company OMV has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling in the Norwegian Sea using the Island Innovator drilling rig.

about 6 years ago
Loss deepens for Kosmos as impairments bite
Exploration & Production

Loss deepens for Kosmos as impairments bite

Kosmos Energy sank deeper into the red in the first quarter of 2020 due to impairments and low oil prices.

about 6 years ago
Stacked rigs
Exploration & Production

U.S. weekly offshore rig count down to 15 units

The number of offshore rigs in the U.S. dropped by one unit over the last week, according to weekly rig count reports published last Friday by Baker Hughes Company.

about 6 years ago
Hess
Exploration & Production

Hess posts $2.4 billion loss

Hess Corporation booked a loss for the first quarter of 2020 due to impairment charges resulting from the low oil price environment.

about 6 years ago
Qatar Petroleum farms into Total’s blocks in Mexico
Exploration & Production

Qatar Petroleum farms into Total’s blocks in Mexico

State-owned Qatar Petroleum has entered into three farm-in agreements to acquire about 30 per cent of Total’s participating interest in three blocks offshore Mexico.

about 6 years ago
Murphy Oil
Exploration & Production

Murphy Oil plans to curb May output by 40,000 bpd, moves HQ to Houston

Murphy Oil plans to reduce its output in May by 40,000 barrels of oil equivalent per day, with the majority planned from offshore wells.

about 6 years ago
Egyptian coast; Source: Pixabay
Exploration & Production

WesternGeco surveys Egyptian block for Neptune Energy

WesternGeco has completed an ocean bottom nodes multiclient survey in the North West El Amal block, offshore Egypt, for Neptune Energy.

about 6 years ago
Equinor
Exploration & Production

Equinor sinks to quarterly loss due to low prices and impairments

Equinor recorded a loss in the first quarter of the year due to low oil prices and impairments of $2.5 billion but delivered a record-high production during the period.

about 6 years ago
Deepsea Yantai rig; Source: CIMC Raffles
Exploration & Production

Deepsea Yantai rig cleared to drill in North Sea for Neptune

Norwegian offshore safety body, the Petroleum Safety Authority (PSA), has given its consent to Neptune Energy for exploration drilling in the North Sea using the Deepsea Yantai semi-submersible drilling rig.

about 6 years ago
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