Cabot Energy announces that the Environmental Impact Assessment (EIA), which was submitted to the Italian Ministry of the Environment for the drilling of an exploration well on the Vesta prospect, offshore Sicily, has been approved by the Italian regulatory authorities.
BNK Petroleum Inc. has announced that the Glenn 16-2H well (100% working interest) averaged over 630 boepd, of which 540 bbls are oil, for the last 30 days.
Comet Ridge Limited has advised that preparations for the drilling of the Albany 1 deep sandstone appraisal well in the Galilee Basin have been completed with all major services contracts in place.
SDX Energy Inc., the North Africa focused oil and gas company, has announced that an oil discovery has been made at its Rabul 4 Well in the West Gharib Concession in Egypt.
Conventional gas projects will require US$86 billion, while the investments into unconventional gas and coal bed methane (CBM) projects will total US$1.2 billion and US$0.1 billion respectively in upstream Capex by 2025.
Saipem has been awarded new contracts in Offshore Drilling involving the sixth-generation semi-submersible rig Scarabeo 8, suitable for harsh environments.
The Onsight Cube is a rugged camera that can be worn on a helmet, chest mount or a mono-pod to access high or difficult-to-reach areas, and connects wirelessly via Bluetooth to a handset.
Oilfield service sales increased 21% on average for these three bellwether companies, while their oilfield equipment sales increased only 1%.
Oil sands projects will require US$43 billion, while the investments into heavy oil assets will require almost US$4 billion in upstream Capex by 2025.
Attollo Offshore, a leading offshore marine operator, has heralded Q2 by signing multiple multi-million pound jack up contracts within the oil and gas and renewable energy sectors.
The Norwegian Petroleum Directorate (NPD) has granted Aker BP ASA a drilling permit for well 7221/12-1, cf. Section 15 of the Resource Management Regulations.
SDX Energy Inc. the North Africa focused oil and gas company, has announced that a conventional natural gas discovery has been made at its LNB-1 exploration well on the Lalla Mimouna permit in Morocco (SDX 75 %).
Under the deal, which is part of a global frame agreement with Statoil, BHGE will provide an integrated technology configuration tailored to the project’s specific needs.
These 10 projects, selected from 73 upcoming projects in South America, will contribute incremental capacity of 1.4 million boe to global supply by 2025.
Statoil has awarded Aibel the contract for the refurbishment and lifetime extension of the Njord Bravo Floating Storage Unit (FSU) of as a part of Statoil’s “Njord Future Project”.