Drilling & production

Obstruction in the wellbore of the AAL-4X appraisal well has prevented drill stem tests being completed in the K-sand and G-sand reservoirs.

The Ministry of Petroleum and Energy has sanctioned the Plan for Development and Operation (PDO) of Oseberg Vestflanken 2.

OPEC has published its monthly oil market report for June.

McKinsey Energy Insights' report states that 37% of deep water and 30% of shallow water green field projects will be delayed until 2025.

The valves are engineered to provide increased flow capacities and will fully open at 10% overpressure, helping protect tanks from physical damage caused by internal pressure fluctuations.

The Placing is intended to strengthen Plexus’ balance sheet during the current down cycle.

The Norwegian Petroleum Directorate has granted Eni Norge AS a drilling permit for well 7222/1-1, cf. Section 8 of the Resource Management Regulations.

Cleiver Moulin appointed as Managing Director of InterMoor do Brasil

Production at the Goudron Field increased during May, and the company has so far complete two of its initial completion targets in the field.

The ADIPEC Technical Conference Programme received a total of 2775 proposals for this year’s edition of the event, marking a 22% increase from last year.

Troels Albrechtsen, Maersk Oil, looks at how technology can allow for long term cost-savings in a low oil price market.

Ajith Muralidharan, Vaangden Pte Ltd, Singapore, discusses the opportunities present in the oil and gas buyers’ market.

Douglas-Westwood discuss the impact of Brexit on the UK oil & gas industry.

The acquisition follows the company’s identification of two highly prospective Jurassic fault blocks and one Cretaceous submarine fan system in the FEL 1/13 Licence.

The 2016 edition of BNEF's long-term forecast expects US$11.4 trillion investment in global power generation capacity over 25 yrs, with electric vehicles boosting electricity demand by 8% in 2040.