Drilling & production

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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.

The company significantly outperformed its initial US$2 billion target for 2016 and delivered a clean CCS EBITDA of US$2.15 billion, which is only moderately down compared with the previous year.

ABS has expanded its subsea services team to deliver specialised validation and verification services for subsea systems, including subsea hardware, flowlines, umbilicals, and risers.

Total has signed an agreement for the sale of stakes and the transfer of operatorship in various mature assets in Gabon to Perenco. The transaction is subject to approval by the authorities.

LGO can confirm that Rig#18 has now been successfully mobilised to the Goudron Field where it has been contracted to drill at least two infill wells to the Mayaro Sandstone reservoir.

Roxi, the Central Asian oil and gas company, with a focus on Kazakhstan, has announced that it will be posting to Shareholders a Circular regarding a proposed merger in respect of the Company's Eragon Assets.

Noble Energy, Inc. has announced that it has sanctioned the first phase of the Leviathan natural gas project offshore Israel, with first gas targeted for the end of 2019.

Lundin Norway AS, operator of production licence 533, has completed the drilling of wildcat well 7219/12-1 and appraisal well 7219/12-1 A (Filicudi). The well proved oil and gas.

INPEX CORPORATION has announced that it has succeeded in discovering deposits of quality oil through the drilling of an exploration well at the onshore Exploration Block 10 (the block) in the Republic of Iraq, in which it holds a 40% participating interest through INPEX South Iraq, Ltd., a subsidiary.

Craig International has signed a global agreement with energy major, Shell to provide services for equipment stock resale.