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Drilling & production

 

IKM Cleandrill to start operations in Azerbaijan

In early 2018 IKM Cleandrill will start their first offshore operations in the Caspian Sea, after being awarded a contract for riserless mud circulating system services by Total E&P ABSHERON BV.

 
 

Faroe petroleum: Goanna exploration well commences

The Goanna licence is located in the northern part of the Norwegian North Sea, near the border with the UK and adjacent to the giant producing Statfjord and Snorre fields.

 
 
 
 
 

Shale producers drop rigs and add hedges

Despite a slowdown in the number of rigs being added in the shale basins, output targets will be met or exceeded as producers are adding to their hedged positions, according to ESAI Energy’s recently released North America Watch.

 

Well-Safe Solutions appoints two more directors

Well-Safe Solutions has announced the appointment of two more directors to lead the recently launched business which aims to become a market-leader in North Sea decommissioning.

 
 

KrisEnergy seal terms for Cambodia Block A oil development

Under the terms of the agreements, KrisEnergy has 60 days to declare a final investment decision thereby signalling the formal launch of the Apsara project, which is expected to take up to 24 months to produce first oil.