Offshore & subsea

The Persephone Project consists of two wells tied into a subsea production manifold.

Roxi has provided a further update to the market with news of progress at its BNG asset, and in particular progress at its Deep Well A5.

Statoil and its partners will today submit the PDO for Johan Sverdrup to the Norwegian Ministry of Petroleum and Energy.

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.

Kangaroo-2 well update: successful sidetrack drilling confirms light oil discovery in offshore Santos Basin, Brazil.

BGP completes 2D seismic survey in Kenya's blocks L-1B, L-16.

CNOOC has signed two production sharing contracts with SK for Blocks 04/20 and 17/03 in the South China Sea.