Drilling & production

UK Chancellor, Philip Hammond, has announced possible tax incentives for the oil and gas industry. A selection of industry commentators give their verdict.

Chevron has announced that its subsidiary, Cabinda Gulf Oil Company (CABGOC) Limited, has commenced oil and gas production from the main production facility of the Mafumeira Sul project offshore Angola.

SNC-Lavalin has announced that its wholly owned subsidiary Kentz Overseas Company WLL has been awarded a five-year commissioning support services framework agreement by Petroleum Development Oman (PDO).

6000 ft borehole drilled with support of Cubility’s MudCube, the industry’s first compact solids control system.

Key figures from the oil and gas sector will be gathering at the University of Aberdeen next month for a conference that will focus on collaboration as the key to maximising economic recovery in the North Sea.

Tamarama-1 well has been free flow, producing gas and fluids to surface with rates fluctuating due to fluid interference.

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