Maersk Drilling signs three-well drillship contract with POSCO International
Maersk Viiking will be employed by the POSCO International Corporation, a Korean operator, for a three-well campaign offshore Myanmar.
Drilling & production
Karoon Energy signs marketing agreement for crude from Baúna field with Shell West
The marketing agreement is for a term of up to 5 years and provides Karoon with access to Shell West’s global marketing and shipping platform.
OPITO develops online assessment to support drilling safety
The online assessment has been designed to reinforce the competency of roustabouts.
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Trinity provides 3Q19 update
Trinity has now completed four new onshore infill wells as part of its H2 drilling programme.
Pieridae Energy closes acquisition of Shell's Foothills assets
The acquisition includes the the Jumping Pound, Caroline and Waterton gas plants, 29 000 boe/d of production, a partial ownership of the Shantz sulfur plant and 1700 km of pipelines.
Drilling activity in Norway nearing all-time high, says Rystad Energy
Rystad Energy says it is anticipating around 30 to 50 exploration wells will be drilled per year towards 2023.
IMI and GustoMSC sign jack-up design license agreement
The agreement entails a new GustoMSC drilling jack-up design which will utilise the modern manufacturing capabilities currently planned for at IMI.
Lukoil enters Ghasha project in UAE
Ghasha is aiming to develop previously undeveloped deposits of gas, oil and gas condensate as part of nine shallow fields in the Arabian Gulf west of Abu Dhabi.
More Drilling & production news
Neptune Energy acquires Energean's North Sea assets
The assets will provide Neptune with an estimated 30 million boe of 2P reserves.
Tambak-2 well reaches total depth
The next step in the campaign is an extensive Drill Stem Test (DST) programme.
Equinor and Sinomine Specialty Fluids sign long-term contract
The contract is for supply of ‘cesium drilling and completion fluids’ to Equinor’s operations on the Norwegian Continental Shelf.
Wood Mackenzie comments on Santos's acquisition of ConocoPhillips' Australia assets
Wood Mackenzie senior analyst David Low said that he expects ConocoPhillips to redeploy its capital into its North American unconventional and Alaskan positions.
ADES to undertake deepwater drilling campaign in Egypt
The service will be provided using Vantage's Tungsten Explorer and covers one firm well, "Nigma 1", with the contract estimated to last 73 days.
ConocoPhillips sells Australia-West assets to Santos
The assets being sold include interests in the Barossa project and the Caldita, Bayu-Undan, Poseidon and Athena fields.