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Exploration & Production

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Wintershall starts Imsa drilling
Exploration & Production

Wintershall starts Imsa drilling

Wintershall Norge AS has started drilling of exploration well 6406/2-8 in the Imsa prospect, in the Norwegian Sea. The company received consent from the Petroleum Safety Authority (PSA) Norway to drill the well in December 2014. The well is located in production licence 589 in block 6406/2 and 6406/

about 11 years ago
Statoil to explore Snefrid Nord prospect (Norway)
Exploration & Production

Statoil to explore Snefrid Nord prospect (Norway)

Statoil has received consent from the Petroleum Safety Authority (PSA) Norway to drill exploration well 6706/12-2, in the Norwegian Sea, using a Transocean-owned rig. Statoil is the operator for production licence 218 in block 6706/12 in the Norwegian Sea. Statoil applied for consent to drill explor

about 11 years ago
Keppel warns of tough times ahead. 4Q profit rises
Exploration & Production

Keppel warns of tough times ahead. 4Q profit rises

Singapore’s Keppel Corporation has reported its revenue for the fourth quarter of 2014 was $3,925 million was $327 million or 9% higher than that of 4Q2013. The company’s Offshore & Marine Division, responsible for offshore rig building, had its revenue increased by 15% to $2,376 million as a result

about 11 years ago
‘Arendal Spirit’ on sea trials (VIDEO)
Exploration & Production

‘Arendal Spirit’ on sea trials (VIDEO)

Teekay’s first offshore accommodation unit, the Arendal Spirit, has left for sea trials. The company has made the announcement through its twitter account. The Arendal Spirit is a flotel based on the Sevan Marine cylindrical hull design. The unit was built at the COSCO shipyard in China. The accommo

about 11 years ago
‘Safe Bristolia’ returning to work soon
Exploration & Production

‘Safe Bristolia’ returning to work soon

Prosafe has said that its Safe Bristolia flotel will return to work in April this year.

about 11 years ago
Det norske starts drilling at Ivar Aasen field
Exploration & Production

Det norske starts drilling at Ivar Aasen field

Det norske oljeselskap ASA has initiated drilling at its Ivar Aasen field in the Norwegian part of the North Sea. The company is using the recently delivered Maersk Interceptor, dubbed the world’s largest jack-up rig, to drill three pilot wells in order to further map the subsurface. The drilling of

about 11 years ago
HHI makes move to lower equipment procurement costs
Exploration & Production

HHI makes move to lower equipment procurement costs

Hyundai Heavy Industries (HHI) has completed the first phase of the four-year-long plan for localizing offshore facilities equipment and components that the company has mostly secured from overseas suppliers. Since September last year, HHI and its local offshore equipment supply partners have been w

about 11 years ago
ABS gives nod for new drillship design by Hyundai
Exploration & Production

ABS gives nod for new drillship design by Hyundai

ABS, a provider of classification services to the global offshore industry, has awarded approval in principle (AIP) for Hyundai Heavy Industries’ next-generation HD12000 heavy duty, wide beam drillship design. The drillship, which can accommodate a 20,000-psi blowout preventer system, has been desig

about 11 years ago
Schlumberger buys stake in EDC for $1.7 billion
Exploration & Production

Schlumberger buys stake in EDC for $1.7 billion

Schlumberger, the world’s largest provider of oilfield services, will buy interest in a Russian drilling contractor Eurasia Drilling Company Limited (“EDC”). Under the agreement, the principal shareholders of EDC will take the company private. Upon delisting of the company from the London Stock Exch

about 11 years ago
Dry Gulf of Mexico well for Noble Energy
Exploration & Production

Dry Gulf of Mexico well for Noble Energy

Noble Energy, Inc. today announced that the Madison exploration well in the Gulf of Mexico reached the targeted Upper and Middle Miocene objectives and did not encounter commercial hydrocarbons. Drilled to a total depth of 16,859 feet on Mississippi Canyon 479, the well has been plugged and abandone

about 11 years ago
Bilfinger wins deals with Taqa, Apache
Exploration & Production

Bilfinger wins deals with Taqa, Apache

Energy services firm Bilfinger Salamis UK, has won new contracts with a combined total value of over £100million. Bilfinger Salamis UK has been awarded the contracts from clients including Apache and Taqa Bratani in the last three months. The company, part of Bilfinger’s Oil and Gas division, will b

about 11 years ago
Penalty phase of BP oil spill trial set to begin (USA)
Exploration & Production

Penalty phase of BP oil spill trial set to begin (USA)

A trial is set to begin in New Orleans, Lousiana today, to determine how much BP will pay in Clean Water Act penalties for its role in the 2010 Deepwater Horizon disaster in the U.S. Gulf of Mexico. United States District Court for the Eastern District of Louisiana last week said that for purposes o

about 11 years ago
Statoil: ‘West Epsilon’ for Gudrun drilling
Exploration & Production

Statoil: ‘West Epsilon’ for Gudrun drilling

Statoil has received consent from the Petroleum Safety Authority (PSA) Norway to use West Epsilon rig for production drilling on the Gudrun field located in the North Sea. Gudrun is 50 kilometres north of the Sleipner Øst and Sleipner Vest fields. Water depth is around 110 metres. Gudrun has been de

about 11 years ago
Lundin spuds Zulu (Norway)
Exploration & Production

Lundin spuds Zulu (Norway)

Petrolia’s subsidiary, Petrolia Norway AS, has announced that drilling of exploration well 26/10-1 in PL674BS, offshore Norway, has started. The well will investigate the hydrocarbon potential of the Zulu prospect in PL674BS, located 100 km west of Stavanger on the Norwegian west coast and approxima

about 11 years ago
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