Exploration

The exploration well was commenced offshore the Shimane and Yamaguchi prefectures.

Tullow Oil Norge AS (TONAS) has received consent to drill an exploration well in block 16/5.

JV of Rosneft and Statoil ASA have started drilling the exploration well in the Sea of Okhotsk.

Statoil has, on behalf of the Johan Sverdrup licence, awarded Rosenberg WorleyParsons AS a contract for fabrication of three bridges and two flare towers.

On 1 June 2016, Statoil agreed to acquire JX Nippon’s 45% equity share in, and operatorship of, the UK licence for the Utgard field.

Technip has been awarded a major contract to develop the Bahr Essalam, Phase II development in the Central Mediterranean Sea.

SapuraKencana Energy has announced another significant gas discovery from its three wells 2015 drilling campaign within the Block SK408 Production Sharing Contract area.

Iran’s oil minister, BijanNamdarZanganeh, and his Indian counterpart signed a MoU on Farzad B field development.

Statoil Petroleum AS, operator of production licence 035, is in the process of concluding the drilling of wildcat well 30/11-12 S and appraisal well 30/11-12 A.

RMP Energy Inc. has provided drilling and completion results from its Gold Creek exploration well.

President's current normalised production from its Puesto Guardian Concession is running at a daily rate of over 500 bpd with a new workover programme underway.

Real Energy Corp. Ltd announced the completion of the five-stage fracture stimulation program of Tamarama – 1 well at depth below 2300 m.

Genel Energy plc has announced from DNO ASA, as operator of the Tawke field, that the Tawke field partners have received a payment of US$16 million from the Kurdistan Regional Government.

Det norske oljeselskap AS, operator of production licence 001 B, has concluded the drilling of appraisal wells 16/1-26 S and 16/1-26 A.

BP has started up a major water injection project at its Thunder Horse platform, extending the production life of one of the biggest deepwater fields in the US Gulf of Mexico.