Drilling & production

The Petroleum Safety Authority have given Lundin consent to drill appraisal well 7220/11-5 S in production licence 609 in the Barents Sea.

The Petroleum Safety Authority Norway have given Aker BP consent for exploration drilling of well 7221/12-1 in the Barents Sea.

The independent international heavy oil technology company has concluded an agreement to form a new Joint Venture in Mexico, to advance the commercialisation of its VHTL upgrading technology in the country.

The Stega™ drill bit has an efficient layout design that optimises the placement of back-up cutters to improve bit durability without decreasing drilling efficiency or rate of penetration (ROP).

Carnarvon Petroleum Limited has provided the following update on its near-term drilling programme as advised by the operator, Quadrant Energy.

Faroe Petroleum has announced significant discoveries in both the Hades and Iris prospects in licence PL 644 B (Faroe 20%), located in the Norwegian Sea.

The contract is for the provision of drilling operations, maintenance services and engineering support for the Oseberg and Kvitebjørn fields.

Siccar Point Energy announced that on 28 March 2018, a sale and purchase agreement was signed with Shell UK Limited under which Shell will acquire a 30% non-operated working interest in UKCS licences P1028 and P1189 and a 22.5% non-operated working interest in P1830.

Egdon Resources plc has signed a Farm-out Agreement in respect of a further 5% interest in PEDL253 with Humber Oil & Gas Limited (“Humber”, a private company) under the same terms as the farm-out previously announced on 5 and 20 March.

Rowan Companies plc has announced that the Rowan Viking, an N-Class ultra-harsh environment jack-up rig, has been awarded a five well programme by Shell UK Limited for plugging and abandonment work on the Goldeneye platform in the Central North Sea. 

OMV (Norge) AS completes the drilling of the Hades and Iris exploration well 6506/11-10 in PL 644 B.

Otto Energy Limited has provided the following update on the Company’s 50% owned South Marsh Island Block 71 oil project following the ASX announcement by the operator, Byron Energy Limited.

Sparrows Group has secured a multi-million pound contract with India’s Oil and Natural Gas Corporation (ONGC) for the refurbishment of 21 cranes.

Petrofac has received a letter of award from Vedanta Limited for its Raageshwari Deep Gas Field Development Project located in Barmer, Rajasthan, India.

Saudi Aramco has awarded Jacobs Engineering Group Inc. a contract to provide engineering and project management services for the Zuluf Field Development Programme's Arab Heavy (AH) Crude Oil Increment 600 MBCD - Onshore Central Processing Facilities (CPF) project, which will provide facilities to process 600 000 bopd of Arabian heavy crude oil from the Zuluf offshore field in the Arabian Gulf.