Drilling & production

Erin Energy Corporation has announced the execution of a drilling services contract with Pacific Drilling for use of the Pacific Bora drilling rig.

Global oil supply could struggle to keep pace with demand after 2020, risking a sharp increase in prices, unless new projects are approved soon, according to the latest five-year oil market forecast from the International Energy Agency.

Cairn has announced the results of the SNE-5 appraisal well offshore Senegal where operations have been safely and successfully completed ahead of schedule and under budget following drilling, logging, drill stem testing and the setting of pressure gauges.

Weatherford International plc thas announced the development and deployment of a high-performance cement retainer and bridge plug for use in wells in Sakhalin Island, Russia.

Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has commenced appraisal drilling on the Edvard Grieg field and the Gohta discovery.

Bowleven plc and Victoria Oil & Gas Plc have announced that they have signed a farm-out agreement relating to the Bomono production sharing contract.

Aker BP ASA (Aker BP) is the operator of the Volund field, in the North Sea, around 220 km west of Tananger in Rogaland county. Volund is an oil field that has been developed using a subsea facility tied back to the Alvheim FPSO unit.

Global energy services company Proserv has launched a new subsea sampling cylinder that can improve the quality of results and reduce risks normally associated with sample transfer.

Australian listed oil and gas exploration, development and production company, Po Valley Energy Ltd, which has energy assets in northern Italy, has been granted the large onshore Torre del Moro oil exploration licence

CFIHOS Standard brings standardisation for information handover across the supply chain.

Wood Group recently completed the seven month front end engineering design (FEED) for Noble Energy’s Leviathan Field Development Project in the Eastern Mediterranean Sea and has started the detailed engineering for the platform.

BP today updates the financial community on details of its strategy and, in particular, medium-term plans for the next five years, based on oil prices similar to where they are today.

Following two years of successful operations, iSURVEY Pte Ltd, Singapore, has again been awarded a marine construction survey support contract with Solstad Offshore Asia Pacific for works onboard the DLB ‘Norce Endeavour’.

Interventek Subsea Engineering has signed a two year exclusive deal with Professional Rental Tools LLC (PRT) to supply its in-riser Revolution valve for well intervention operations in the GoM.

Equatorial Guinea has extended the official closing date of the EG Ronda Licensing Round to April 28, 2017. Responding to a wave of new exploration interest, the government wants to give companies more time to participate.