Statoil has informed that production from the Gullfaks South (GSO) fast-track project for improved oil recovery in the North Sea has started on July 27, 2015. Statoil says that GSO will increase the output from the Gullfaks area by around 65 million barrels of oil equivalent. “GSO demonstrates how w
The pre-startup of the oil layer platform of the giant offshore South Pars gas field is more than 98% complete, Iranian petroenergy information network Shana has reported. According to Shana, Ali-Reza Zeighami, South Pars oil layers project manager, said the platform – expected to become fully opera
Maersk Drilling has been awarded a contract extension for the jack-up rig the Mærsk Innovator with ConocoPhillips Norway for work on the Eldfisk field, part of the greater Ekofisk area, in the Norwegian North Sea. According to Maersk, the duration of the contract extension is 16 months.The company h
Panoro Energy ASA, the independent E&P company with assets in Nigeria and Gabon, has announced that drilling has started on the Aje-5 production well on the OML 113 license, offshore Nigeria. The well is being drilled with the Saipem Scarabeo 3 semi-submersible drilling rig. Panoro entered into a ri
Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website according to which the U.S. offshore rig count has once again remained unaffected. BHI Rig Count: U.S. +19 to 876 rigs U.S. Rig Count is up 19 rigs from last week to 876, with oil rigs up 21 to 659, gas [
Paragon Offshore, an offshore drilling contractor, has signed an agreement with Shanghai Waigaoqiao Shipbuilding Co., LTD., to extend the delivery date of the jack-up rig Prospector 6 to April 15, 2016. Paragon said that, under the terms of the agreement, no payments are due to the shipyard until th
Cue Energy Resources has informed that a multi well workover campaign to further increase production from Maari field, offshore New Zealand, is scheduled to start in August 2015. The Maari growth drilling campaign was completed with the last of four new wells, MR10, put in production in early July,
Primeline Energy Holdings Inc. has signed a Letter of Intent (LOI) for the drilling operations of the forthcoming exploration programme in Block 33/07 in the East China Sea. In the last few months, Primeline has been in discussion with a number of potential drilling contractors in the region to secu
Japan has called China to reconsider its accelerated offshore oil and gas activities close to disputed waters of the East China Sea. On the other hand, according to China’s news agency Xinhua, China urged Japan to create a more favorable atmosphere regarding the East China Sea question. Namely, in J
Norwegian oil and gas major Statoil, operator of production licence 146, has found gas/condensate in the Julius prospect near the Ekofisk field in the North Sea, and is now in the process of concluding the drilling of wildcat well 2/4-23 S. The Norwegian Petroleum Directorate (NPD) has said that the
Global Marine, a provider of engineering and underwater services, has secured a contract with Subsea 7 to provide personnel and equipment to support the delivery of a submarine fibre optic link between platforms in the North Sea for UK oil and gas major, BP. Under the contract, Global Marine will be
Maersk Drilling’s jack-up rig, the Maersk Integrator, has started drilling operations on the Gina Krog field, in the Norwegian North Sea, on July 20, 2015. The rig is operating for Norway’s oil and gas giant Statoil and it will drill wells until sometime in 2019. Statoil received consent from the Pe
Baker Hughes Incorporated, an oilfield services company that is soon to be merged with Halliburton, has reported a loss of $188 million in its second quarter of 2015 compared with a profit in the same period a year earlier. According to Baker Hughes’ 2Q 2015 report, revenue for the current quarter w
With the sail away of the Cygnus Alpha Compression Module yesterday evening (July 20, 2015), the last of four main structures left Heerema Hartlepool, part of Heerema Fabrication Group (HFG), after two and a half years of construction. According to Heerema, the Cygnus Bravo Wellhead Platform (BWHP)
