Drilling & production

As of the week commencing 21 September 2015, it has been 20 years since the start of oil production from the Troll field.

Primeline Energy Holdings Inc. has commenced the drilling of its LS23-1-1 exploration well.

Wood Group has announced that it has been awarded a contract from MWCC to provide an operator training simulator.

“Instead of higher taxes and royalty rates that discourage domestic production, policymakers should follow pro-development energy policies...” API states.

Europa Oil & Gas has been granted permission for the Holmwood drilling corridor.

The total aggregate consideration at the time of the announcement was CAN$310 million.

The survey paints a positive industry outlook with decision makers taking a long term ‘value-add’ view.

Melfort Campbell and Martin Jones have been appointed to strengthen the board of the National Subsea Research Initiative (NSRI).

ISAPT is designed to improve reliability in high-cost production wells.

Vallourec has delivered 14 000 t of premium tubes in the scope of a contract with Hess Corp.

FMC Technologies will provide various subsea equipment.

Par Petroleum Corp. releases an update on the 80 well programme.

On behalf of the Peregrino licence partners, Statoil has awarded a 4 year contract to Wood Group.

The agreement is for the development of a line of CO2 separation membrane products.

According to Reuters, oil prices rose more than 2% after data showed US drilling slowed.