Offshore & subsea - 12 February 2015

Karoon Gas Australia Ltd’s Kangaroo-2 appraisal well confirmed a 250 m gross oil column in Paleocene and Maastrichtian aged reservoirs.

Petrobras has announced that the Libra Consortium has drilled and tested the first appraisal well in the Libra area, Santos Basin.

Halliburton and Baker Hughes receive expected requests for additional information from DOJ.

Osiris Projects introduces revolutionary survey platform known as d'ROP.

The well is currently being produced at approximately 3000 bpd.

UK chancellor George Osborne has indicated that he will introduce new tax breaks for the oil industry in the March 2015 budget.

BOS will provide ROV services for a DP2 dive support vessel (DSV), the Windermere.

Lundin Norway AS, operator of production licence 674 BS, is in the process of completing the drilling of wildcat well 26/10-1.

Sandvik awarded ‘The Best Innovator’ of the year in Czech Republic.