Drilling & production

The cash injection in to the company’s drilling programme in Colorado will allow the field to be explored more extensively.

BP Egypt has reported an important gas discovery in the Baltim South Development Lease in the East Nile Delta.

Nine wells were drilled by the Seadrill West Hercules in the Flemish Pass Basin, located approximately 500 km east of St. John’s, Newfoundland and Labrador.

Unplanned global oil supply disruptions averaged more than 3.6 million bpd in May 2016.

The Southeast Asian market: CENTRAVIS attends the OTC Asia 2016 exhibition and conference.

During dry-docking, GE’s Marine Solutions will thoroughly test its scope of supply and will replace and upgrade parts where necessary.

Wood Group Mustang and Grupo Diavaz have formed an engineering, procurement and construction joint venture in Mexico, for offshore and pipeline facilities.

The sale of the Ben Rinnes marks a milestone for KCA Deutag as the last asset in the company's mobile offshore drilling fleet.

Although the fires have subsided, dangerous air quality has slowed the return of works to oilsands facilities, with disruptions to production expected to average 400 000 bpd in June.

Storage capacity utilisation rises, as growth in stored volumes outpaces expansion of storage capacity.

Statoil Petroleum AS, operator of production licence 272, has completed the drilling of wildcat well 30/11-13. The well proved gas/condensate.

The platform deck for the Ivar Aasen project is now on its way to Norway after sailaway from the yard area in Singapore.

Against the backdrop of a low oil price, more oil and gas companies are looking to rationalise their portfolios and divest non-core assets in the UKCS

Europa Oil & Gas plc has formally accepted the award of four new Licensing Options as part of phase two of the 2015 Atlantic Ireland licensing round.

Gyan Chandra Acharya, UN Under-Secretary-General, expressed hope that Astana EXPO-2017 would become a platform to discuss energy challenges in developing countries.