Saipem charters news Samsung drillship
The bareboat charter for the Samsung Santorini is approximately two years in duration and provides for the option to purchase the ship.
Drilling & production
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Vista and Trafigura to develop Vaca Muerta block
The two companies have agreed to develop 20 oil wells in the Bajada del Palo Oeste block, located in the Vaca Muerta shale play in Argentina.
Australia industry association criticises levy on offshore production
The Australian government is proposing to levy AUS$0.48/bbl on all offshore oil producers in order to cover the cost of decommissioning the Laminaria-Corallina oilfields, located in the Timor Sea.
CNOOC starts production at South China Sea oilfield
The Weizhou 11-2 oilfield phase II project, located in the Beibu Gulf, is expected to reach its peak production of approximately 6000 bpd in 2022.
SDX Energy completes first phase of Morocco drilling operations
The first phase of the Morocco drilling campaign consisted of three appraisal/development wells in SDX's operated Gharb Basin acreage in Morocco.
Stena Drilling to carry out offshore drilling campaign for Energean
The contract is for the drilling of three firm wells and two optional wells offshore Israel, with the first firm well expected to spud in 1Q22.
Repsol Sinopec extends lease on FPSO Belo Holm
The FPSO is located in UKCS Block 13/28a on the Blake and Ross Fields, 72 miles north east of Aberdeen, since 1999.
ReconAfrica readying for seismic campaign in Kavango Basin
The seismic programme in Namibia's Kavango Sedimentary Basin, to be carried out by Polaris Geophysical, is expected to commence in the third week of July for an anticipated 6 – 8 week duration.
Production starts at China’s first deepwater gas field
The Lingshui 17-2 gas field is expected to reach peak production of 328 million ft3 of natural gas and 6751 bpd of condensate in 2022.
Production starts at LLOG's Praline field
The Praline field is located in Mississippi Canyon Block 74.
BP begins production at Gulf of Mexico project
Two new wells tied into the Na Kika platform are expected to boost gross platform production by an estimated 20 100 boe/d.
South Sudan's Ministry of Petroleum launches first oil licensing round
According to the new analysis commissioned by the Ministry, approximately 90% of South Sudan’s oil and gas reserves remain unexplored.
OSSO and Medra Arabia partnership to deliver drilling solutions in Saudi Arabia
Through the agreement with Medra Arabia, OSSO will provide clients with direct access to its rental fleet of equipment, along with rig site support and heat transfer solutions.
Norway's oil production in May higher than forecast
Oil production in May was 4% higher than the Norwegian Petroleum Directorate’s forecast, and 1.2% higher than the forecast so far this year.
Production begins from Gråsel in the Skarv area
The Gråsel reservoir is situated over the Skarv reservoir in the Norwegian Sea, about 210 km west of Sandnessjøen, and contains around 13 million boe of oil.