Amerisur Resources: oil discovery at Indico-1
The company has announced that drilling at Indico-1 well on the CPO-5 block has reached target depth of 10 604 ft measured depth and has encountered the targeted Lower Sands of the Une formation.
The latest upstream news
Premier Oil: completion of the Babbage Area sale & operations update
The company has announced that following receipt of necessary approvals, the sale of its interests in the Babbage Area to Verus Petroleum SNS Ltd has now completed.
Eni announces a new oil discovery in Block 15/06, offshore Angola
Afoxé discovery is a further confirmation of the oil exploration potential still held in southern part of Block 15/06, previously considered mainly gas prone.
BW Offshore: recycling the FSO Belokamenka
The company has signed an agreement to dispose of the FSO Belokamenka for recycling in compliance with the Hong Kong Convention.
Neptune Energy Norge takes operatorship and equity in Fenja field
The integrated business, 'Neptune Energy Norge', will be amongst the top five independent producers on the Norwegian Continental Shelf and will become the operator of the Fenja field development project in the Norwegian Sea.
EM&I New Zealand project approved
EM&I – the international asset integrity specialists – recently received a ‘thumbs up’ from a major Norwegian client with an FPSO in New Zealand.
New European head for Aqualis Offshore
Mark Lomas joins Aqualis Offshore from London Offshore Consultants Limited (LOC) UK, where he held the role of director of shipping.
Verus Petroleum moves to next phase of growth plan
The independent operator has recently completed three significant acquisitions; an interest in the Babbage gas field acquired from Premier Oil on 6 December.
Cantor Fitzgerald Europe: Opec production cut 'feels like a bit of a fudge'
The supposed cut of 1.2 million bpd by OPEC+ is larger than some had expected, although still some way of what is really required to bring the market back into balance.
Rovco live 3D visualisation project awarded second phase of funding
Leading ROV and hydrographic survey company, Rovco, has been awarded further funding to develop the next stage of its integrated live 3D vision and artificial intelligence (AI) survey technology.
Sound Energy commences drilling at TE-10
The TE-10 well will test the North East Lakbir prospect in the Company's Greater Tendrara permit, and is located approximately 25 km to the northeast of the recently awarded Tendrara production concession.
‘Raising the stakes: when business challenges deliver a greater recovery’
Judy Peplinski, ATPI Griffinstone, discusses the importance of travel management for the oil and gas industry.
Equinor: approval for Troll Phase 3 development
The Ministry of Petroleum and Energy has approved the plan for development and operation of the Troll Phase 3 development.
Neptune Energy submits ‘Decision to Continue’ report for Cara project
The company and its licence partners have submitted the report to the Ministry of Petroleum and Energy, with a final investment decision due early in 2019.
Ophir Energy: Indonesia and Thailand drilling update
The Paus Biru-1 exploration well has resulted in a gas discovery.
Block Energy Plc: update on workover operations in Georgia
Block Energy Plc, the exploration and production company focused on the Republic of Georgia, is pleased to provide an update on its initial work programme focused on achieving a 25 fold increase in production at its Norio oilfield to 250 bpd by H1 2019.
Equinor: Wired drill pipe contracts awarded
Equinor is stepping up its use of wired drill pipe to acquire subsurface real time data during drilling operations, in line with the corporate digitalisation strategy and to prepare for automated drilling.
ESAI Energy: Peace deal in South Sudan adds another 70 000 bpd of crude to market
As the market eagerly awaits an OPEC+ deal, non-OPEC producers continue to make gains. Sudan and South Sudan are likely to raise crude oil production in 2019, according to ESAI Energy’s recently published Africa Watch.
Tower Resources plc: announces contract for jack-up rig to provide drilling operations at its licence in Cameroon
The Topaz Driller is a Baker Marine Pacific Class 375 jack-up, which was recently mobilised to Cameroon by NewAge as operator for the Etinde license for two appraisal wells and is currently employed in Gabon.
Quick plugging of shut-in wells at Valhall
Since May 2017, HydraWell has contributed towards plugging 10 shut-in wells on the original drilling platform (DP) at the Valhall field centre.
Oil and gas industry forges ahead with collaborations and innovations announced at OSEA2018
The event saw several announcements on exclusive partnerships, product launches and new business strategies for the Asian oil and gas market.
Oil and gas sector logistics expert says ‘Norway Plus’ is least damaging form of Brexit for industry’s EU traders
Adam Johnson discusses the potential of the UK operating alongside Norway, Iceland and Liechtenstein by re-joining the European Free Trade Association and becoming a European Economic Area member.
Upcoming oil events
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05 Feb 2019 - 07 Feb 2019
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25 Feb 2019 - 27 Feb 2019
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