Offshore


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Bowleven Etinde Operational Update

Preliminary Result of IM-6 well, Etinde, Cameroon Bowleven, the Africa focused oil and gas company traded on AIM, is pleased to announce the completion of drilling of the IM-6 appraisal well at the Etinde block, Cameroon , to a total depth of 3,550 meters by the block's operator, New Age Camero ...

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Posted 8 hours agoPress > BowLevenEtindeCameroon +6

Offshore Discoveries in the Mediterranean Could Increase Egypt’s Natural Gas Production

Source: U.S. Energy Information Administration, based on IHS Markit, Middle East Economic Survey , and company press releases Natural gas production in Egypt has been in decline, falling from a 2009 peak of 5.8 billion cubic feet per day (Bcf/d) to 3.9 Bcf/d in 2016, based on estimates in BP' ...

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Posted 1 day agoOpinion > OffshoreEIAEnergy Information Administration EIA +5

Cyviz Installs New Control Room on Neptune Energy’s Gjøa Platform

Turnkey solution installed without disruption to platform operations in the North Sea LONDON, 14 August 2018 — Neptune Energy, an independent oil and gas exploration company, has worked with Cyviz to complete an upgrade project to core functions within the offshore control room of its Gjøa pla ...

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Posted 1 day agoPress > Neptune EnergyplatformGjoa Field +4

Project Sanctioning Continues to Chase 200 New Projects for 2018

Recent project approval activity suggests that 2018 could see 200 projects approved by year-end . The 45 offshore projects that have been approved year-to-date are already more than the amount approved in 2016. In addition to beating 2016's activity, 2018's offshore project sanctioning is on track ...

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Posted 1 day agoOpinion > Rystad EnergyOffshoreOilfield Services +1

[Azinam] ExxonMobil Farms in to PEL 44, Offshore Namibia

Windhoek, Namibia – Tuesday, August 14, 2018: Azinam Limited (“Azinam”), the Seacrest Capital Group-backed Namibian explorer, is pleased to announce that ExxonMobil Namibia (PEL44) Limited, an affiliate of Exxon Mobil Corporation, has entered into an agreement with Azinam to acquire a 30% intere ...

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Posted 1 day agoPress > OffshoreNamibiaExxon Mobil +4

Pertamina Set to Capitalize on New Gross Split Production Sharing Contract Terms in Indonesia, Says GlobalData

State-owned oil and natural gas company Pertamina is poised to capitalize on the improved gross split production sharing contract (PSC) terms in Indonesia, says leading data and analytics company GlobalData . The gross split PSC, which removes the cost recovery element, with all production dire ...

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Posted 2 days agoOpinion > pertaminaIndonesiaGlobalData +6

Ampelmann Steps Up North Sea Activity With Six New Contracts

Relocation to larger premises signals successful year so far Delft, 13 August 2018 Ampelmann, the global leader in offshore access solutions, has strengthened its position in the North Sea this year after being awarded four new contracts and two extended scopes of work in the basin. The projec ...

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Posted 2 days agoPress > North SeaContractAmpelmann +2

GMB Members on Equinor Mariner Oil Rig Vote to Accept Improved Pay Offer

GMB members showed how prepared they were to flex their industrial muscles when required says GMB Union GMB, the union for the offshore industry, has announced members working on the Equinor Mariner platform have voted to accept an improved pay offer from the company. A total of 75% of those ba ...

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Posted 2 days agoPress > GMBEquinorRig +1

NPD: Dry Well North of the Johan Castberg Field in the Barents Sea – 7322/7-1

Spirit Energy Norge AS, operator of production licence 852, has concluded the drilling of wildcat well 7322/7-1. The well is dry. The well was drilled about 120 km north of the Johan Castberg field in the Barents Sea and 310 km north of Hammerfest. The objective of the well was to prove reservoi ...

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Posted 2 days agoPress > NorwayNPDNorwegian Petroleum Directorate +5

United Oil & Gas Plc Delivers Fast Track 3D Seismic Data on Tullow Oil-Operated Licence, Offshore Jamaica

Delivery of fast track 3D seismic data on Tullow Oil-operated licence, offshore Jamaica Highlights Delivery of fast track 3D seismic data following completion of 2,250 sq km survey over Walton-Morant licence ahead of schedule and under budget High-grade Colibri target can be clearly identif ...

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Posted 2 days agoPress > OffshoreJamaicaTullow Oil +5

Santos Accelerates Cooper Basin Natural Gas Development With Fourth Rig

Santos is pleased to announce a fourth rig, the Ensign 965, has started operations in the Cooper Basin, as the company continues its drive to produce more Australian natural gas to supply the east coast domestic market. The rig will drill eight wells by the end of this year, starting in the Big La ...

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Posted 2 days agoPress > SantosCooper Basinnatural gas +5

U.S. Rig Count Continues Slow and Steady Upward Trend - S&P Global Platts

HOUSTON (August 9, 2018)  S&P Global Platts Analytics, today announced the total U.S. rig count for July 2018 was 1,178, up 15 (+1%) from June 2018, and up 110 (+10%) from July 2017. This rig count includes U.S. onshore, U.S. inland waters, and U.S. offshore Gulf of Mexico drilling rigs. July U. ...

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Posted 6 days agoPress > United StatesRig CountOffshore +3

Norwegian Petroleum Directorate Maps Deep Sea Mineral Deposits

After the Ministry of Petroleum and Energy assumed administrative responsibility for mineral deposits on the continental shelf, the Norwegian Petroleum Directorate (NPD) has been assigned the task of mapping potential deposits. The NPD is now starting an extensive data acquisition expedition in t ...

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Posted 6 days agoPress > NorwayNPDNorwegian Petroleum Directorate +6

Wood Wins New Contract for the Proposed Scarborough Gas Field Development

Wood has been awarded a new contract by Woodside to support the execution of concept definition for the proposed Scarborough upstream development, offshore Western Australia. Secured under a long-standing master services agreement, this latest contract extends Wood's 35-year relationship with Wood ...

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Posted 6 days agoPress > WoodContractGas Field +4

Cue Energy: WA-359-P Work Program Suspension and Permit Extension

Suspension of Year 3 well commitment until 25 April 2019 Permit term extended until 25 April 2019 Ironbark-1 well planning continuing, targeting 2019 drill date Melbourne, Australia 9 August 2018; Cue Energy Resources Ltd (ASX:CUE) is pleased to advise that its 100% owned subsidiary, ...

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Posted 6 days agoPress > Cue EnergyPermitASX +7