Drilling & production

The well will be drilled from the Transocean Spitsbergen drilling facility in position 67°37'20.60"N and 6°45'57.57"E.

Recompletion operations on the company’s South Marsh Island 71 F2 well have finished.

This is the company's third large project in the Caspian Sea alongside with two other fields, Yury Korchagin and Vladimir Filanovsky.

The entire process is handled by a single operator working from a safe distance away from the wellhead and takes about 60 seconds. RigLock is also capable of handling three connections simultaneously.

The company has provided an update on FEL 6/14 that contains the Newgrange Prospect.

Coretrax has successfully saved a North Sea operator more than £500 000 during a well abandonment campaign in the UKCS.

Block Energy Plc, the exploration and production company focused on the Republic of Georgia, has announced the start of a fully-funded workover programme at its Norio oilfield intended to scale up production rapidly by the end of 2018.

On 14 October the Oseberg Vestflanken 2 field in the North Sea came on stream.

Maersk Drilling AS and the Maersk Intrepid rig have been awarded a 5-month contract for operational support on the Martin Linge field.

The company commissioned the fifth well at the second development stage of the Vladimir Filanovsky field in the Caspian Sea.

100 million bpd historic consumption milestone to be achieved by the end of the year as high-growth Asian economies fuel demand.

BHGE will work with the AFRC’s team of engineers and researchers to improve its manufacturing processes and delivery of services.

Russia also has the highest new build capital expenditure (Capex) of around US$78.8 billion for the 2018 - 2022 period.

The company has announced that Woodside Energy Ltd has awarded KBR the Concept Definition engineering contract for the two gas FPSO facilities for the proposed Browse to North West Shelf Development, located offshore Western Australia.

The company has announced that it has completed drilling of the Pontoenoe-1 exploration well in Block 42 offshore Suriname.