Offshore news

TGS has made a US$600 million offer for part of PGS's multi-client data library.

Hurricane has concluded that there is a reasonable probability that the oil water contact in the Lancaster field is shallower than the range of oil water contacts envisaged in the 2017 Competent Person’s Report by RPS Energy.

The Oil and Gas Authority's Energy Integration Project report has found that oil and gas platform electrification is essential to cutting sector production emissions in the near term, and critical to the industry’s social licence to operate.

The objective of the well was to prove petroleum in reservoir rocks in the Middle Jurassic (Sleipner Formation) and the Upper Triassic (Skagerrak Formation).

The company has been contracted by NEO Energy to operate the Victoria well in the southern North Sea.

The inspection was carried out in UK waters, 250 km east of Scotland, using an ROV and the company's remote operations centre in Aberdeen.

Halliburton Landmark will deliver DecisionSpace® 365, its E&P cloud software, to support Petronas' upstream digitalisation initiatives and reduce exploration time.

The volumes are estimated to be in the range of 40 – 120 million boe – the largest discovery in Norway so far this year.

Well 6507/4-1 will be drilled from the Leiv Eiriksson drilling facility in production licence 1009.

The amended Walton Morant Licence covers an area of 22 400 km2, and has numerous plays and prospects already identified across three separate basins.