Drilling & production

Africa Oil Corp. has provided an update on its operations in Kenya and Ethiopia.

Ceragon and Statoil have renewed their frame agreement for five additional years: the new frame agreement will now include the IP-20 platform.

3D Oil Ltd has stated that wireline evaluation and sampling of formation fluids over zones of interest identified on preliminary Sea Lion -1 data have been completed.

McDermott has been awarded a contract for an engineering, procurement, construction and installation pipeline project offshore Qatar.

Lloyd’s Register Energy launches new asset optimisation software solution to meet industry demand.

VNG Norge AS, operator of production licence 586, has announced it is in the process of completing the drilling of wildcat well 6406/12-5 S.

Range has announced that the second development well of the 22 well programme, the GY 180SE well, was spudded on 4 November 2015.

Oilfield equipment market predicted to see signs of recovery by 2017.

SacOil has announced it will join the consortium of Taleveras Group, Gunvor Group and the Strategic Fuel Fund in developing the Bioko Oil Terminal tank farm in Equatorial Guinea.

Husky Energy and its partners have announced a significant milestone in advancing the Madura Strait BD gas-condensate field offshore Indonesia towards production.

New features are hoped to boost petroleum industry insights.

The CJ34 sets a new standard for jack-up drilling rigs used in mature oil and gas fields.

Drilling commences offshore Malaysia for the Selada exploration well.

Mitsui & Co. Ltd has stated that it has reached an agreement with Santos Ltd regarding the acquisition of the Santos’ 35% working interest in the Kipper gas and condensate field.

Aegean Marine Petroleum Network Inc. has announced that it has entered into a new US$120 million credit facility for its wholly-owned subsidiary, Aegean Oil Terminal Corp. arranged by local United Arab Emirates banks.