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Drilling & Completion News

  1. AIOC adding further platform to ACG project offshore Azerbaijan

    The Azerbaijan International Oil Co. has awarded KBR and its joint venture with SOCAR two front-end engineering design contracts.

  2. More innovation needed to address Western Europe decommissioning challenge

    Westwood Energy expects the industry in Western Europe to spend around $102 billion on offshore decommissioning between now and 2040.

  3. BiSN gets further funding for P&A barrier system

    The Oil & Gas Technology Centre has awarded metal-to-metal downhole sealing specialist BiSN funding for the company’s Wel-Lok M2M technology.

  4. Shell to redevelop North Sea Penguins with a floater

    Shell will commission a newbuild Sevan 400 FPSO for its re-development of the Penguins oil and gas field in the UK northern North Sea.

  5. Aker BP allocates $350 million for exploration

    Aker BP’s 2P reserves offshore Norway rose by 202 MMboe (net) last year to 913 MMboe.

  6. Norwegian offshore oil and gas production rising as project backlog falls

    Norwegian offshore fields delivered record volumes of gas last year, according to a review by the Norwegian Petroleum Directorate.

  7. Talos Energy-led group aiming to appraise Zama oil discovery offshore Mexico

    Premier Oil expects appraisal drilling to start later this year or in early 2019 on the Zama oil discovery in block 7 in the Sureste basin offshore Mexico.

  8. Petroleum Safety Authority sanctions first Spirit Energy exploration wells offshore Norway

    The Norwegian Petroleum Safety Authority has approved plans by the newly formed Spirit Energy for wildcat drilling in the Norwegian Sea.

  9. Odfjell Drilling confirms two semisubmersible contracts with Aker BP and Statoil offshore Norway

    Odfjell Drilling has received its first call-off contract under a drilling and wells alliance agreed with Aker BP late last year.

  10. More letters of intent pending for Sea Lion Phase 1 project offshore the Falklands

    Rockhopper Exploration and operator Premier Oil expect to sanction the Sea Lion Phase 1 project in the offshore North Falkland basin by the end of this year.

  11. UK development spending to decline, but more projects ahead

    Wood Mackenzie sees E&P offshore the UK stabilizing during 2018.

  12. S7000 to transport compression platform offshore Mexico

    Saipem’s semisubmersible heavy-lift vessel Saipem 7000 will transport and install the compression platform CA-KU-A1 to the PEMEX-operated location in the Gulf of Mexico, on behalf of Dragados Offshore.

  13. Oil production ramping up at Catcher in the North Sea

    Premier Oil’s UK production averaged 39,500 boe/d last year, 20% higher than in 2016.

  14. Borre Novre arrives in Gabon for Tortue wells

    Direction Général de Hydrocarbures, the Gabonese regulator, has approved the amended field development plan for the offshore Tortue field, part of the Duffasu asset, according to partner Panoro Energy.

  15. ADES wins jackup contract extensions offshore Egypt

    ADES International Holding has secured more work for its vessels and drilling rigs in the Gulf of Suez.

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