Drilling & production

This includes a 41% increase in estimated development gas well completions and a dramatic 81% increase in total estimated oil well completions from year-ago levels.

Bibby Offshore, a leading subsea services provider to the oil and gas industry, has announced a multimillion pound contract with a global energy player, Maersk Oil UK, to provide both late life production enhancement and decommissioning support in the North Sea.

Tesco Corporation has achieved certification to API Q1, ISO 9001: 2015 and the license to monogram products to API 8C at its facilities in the greater Houston area.

Trendsetter Engineering has successfully completed live well operations with their new 15 000 psi subsea hydraulic intervention system (referred to as STIM).

Premier Oil has made a key oil discovery in the Zama-1 exploration well in Block 7, offshore Mexico.

Sparrows Group has been awarded a three-and-a-half-year extension to its inspection services contract for Stena Drilling’s global fleet of drilling vessels.

The field produces 300 000 bpd. The concession will be operated by the North Oil Company (NOC), which was established a year ago as a partnership between Total (30%) and Qatar Petroleum (70%).

SBM Offshore announces that Shell E and P Offshore Services B.V. (Shell) has notified the company of the fact that Shell is exercising its right under the charter agreement to purchase the FPSO Turritella.

Cairn Energy PLC has announced the results of the FAN South-1 well in the South Fan prospect, offshore Senegal.

Erin Energy Corporation has provided an update on its drilling operations and production levels.

Statoil has finalised an exploration drilling programme, which has not resulted in the discovery of hydrocarbons.

Conventional exploration performance has improved considerably in 2017, with commercial success rates above 50% and much lower finding costs than for the same period in 2016.

On June 2, 2017, BPTT announced two new gas discoveries offshore Trinidad - Savannah and Macadamia - together amounting to around 1.3 trillion cubic feet of recoverable resources, based on Rystad Energy analyses.

AWE Limited has announced that that the Waitsia-4 appraisal well has commenced drilling operations.

DNO has resumed field appraisal drilling following extended testing of the Cretaceous and Jurassic reservoirs.