Exploration

Schlumberger launches two new full-azimuth multiclient surveys in the US Gulf of Mexico.

The company announces that it has agreed to extend the date by which completion of the farm-in transaction must be satisfied or waived.

The new Oil and Gas Authority will be given a range of powers to ensure it has the ability to help maximise the economic recovery of the UK’s O&G industry.

Summary includes new contracts, changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days.

The field has been developed at a water depth of about 400 metres with two facilities on the sea bed.

Ecuador is the smallest oil producing member of the Organisation of the Petroleum Exporting Countries (OPEC).

UK fiscal regime being revamped to reflect the maturity of the UK basin.

Statoil is presenting the annual and sustainability reports for 2014, together with the new payments to governments report.

Statoil was the apparent high bidder on 14 leases in the Central Lease Sale.

Statoil has been awarded new exploration acreage through the Aru Trough I licence offshore Indonesia.

Archer’s modular rig commences permanent plug and abandonment operations for Statoil.

Operator Statoil has together with PL218 partners made a gas discovery in the Snefrid Nord prospect in the Norwegian Sea.

Falling rig counts drive projected near-term oil production decline in 3 key U.S. regions.

Wood Mackenzie: Shallow Water development opportunities in Mexico's Round One.

GE launches global research, technology innovation and manufacturing in Saudi Arabia.