DNO ASA has reported that the Hayah-1 exploration well in Oman's onshore Block 36 failed to encounter hydrocarbons.
Drilling & production - 24 May 2016
In the 23rd licensing round, the Norwegian Ministry of Petroleum and Energy has offered DEA Norge two new licences in the Barents Sea.
The evergreen master services agreement will support the lifecycles of Wood Group’s offshore and onshore facilities.
Rangeford Resources Inc. has announced the appointment of Marc L. Duncan as the company’s new President and Chief Operating Officer.
The global offshore drilling rig industry is expected to grow from an estimated US$65.77 billion in 2014 to US$102.47 billion by 2019.
The well, located south of the Brage oilfield, will target the Jurassic aged sandstones in the Early Jurassic Statfjord Formation.