German oil company DEA Deutsche Erdoel AG has said it has extended its concessions for the Ras Budran and Zeit Bay oil fields in the Gulf of Suez, offshore Egypt. DEA鈥檚 General Manager Sameh Sabry signed the new concession agreement. The new鈥
Aberdeen-based oil well technology firm Plexus Holdings said its Russian licensee Gusar had clinched its first major contract to supply gas exploration equipment to Gazprom.The contract covered the first year of an up to five-year jack-up gas exploration drilling programme on the Kara Sea Shelf鈥
Equinor has gained approval from the Norwegian Petroleum Directorate (NPD) to extend the producing lifetime of its Gullfaks C platform off Norway until 2036. This corresponds to the entire period of the production license.In its application鈥
Lundin Norway AS, the wholly owned subsidiary of European oil and gas exploration and production company Lundin Petroleum, has completed the drilling of exploration well 7121/1-2 S, targeting the Pointer and Setter prospects in PL767 in the southern Barents Sea鈥
With the global offshore decommissioning industry expected to reach $36bn over the next 3 years, several hundred offshore oil and gas wells could cease production by 2021 in the face of today鈥檚 bearish oil market.As a consequence, so-called鈥
Eco Atlantic Oil & Gas Ltd and partners have contracted a rig, the Stena Forth, to drill the Jethro-Lobe prospect on the Orinduik block, offshore Guyana.'Eco (Atlantic) Oil & Gas, along with its partners in the Orinduik Block, offshore Guyana鈥
After years of budget cuts, oil and gas companies are finally stepping up their exploration game. Several wildcat wells planned for 2019 have the potential to be 鈥渆lephant鈥 finds, according to Rystad Energy.The energy research and business intelligence鈥
London-based offshore drilling contractor Noble Corporation has bought a second newbuild Gusto MSC CJ46 design jack-up rig from the Singapore shipyard PaxOcean Group for $83.75 million. Like the Noble Johnny Whitstine, which the UK offshore鈥
Malaysian drilling contactor Velesto Drilling said that the oil company Hess Exploration and Production Malaysia has extended the contract for the Naga 8 jack-up drilling rig in North Malay Basin, Malaysia.Naga 8 jack-up rig is owned by Velesto Drilling (previously known as UMW 云顶赌场老虎机 Drilling)鈥
Jadestone Energy, an oil and gas development and production company across the Asia Pacific region, has announced that it has signed a rig contract for infill drilling on the Stag oilfield, located offshore Australia (Jadestone 100%).Ensco Australia鈥
The Deepwater Horizon oil spill changed a lot of the thinking about subsea blowouts, including how to predict the movement of the oil and gas.鈥淥ne thing that was clear early on during the Deepwater Horizon was that dissolution of oil into water was a major process鈥
UK-based subsea technology company C-Kore Systems has announced a new subsea testing tool, the C-Kore Sensor Monitor, which can be used in decommissioning, fault-finding and construction campaigns to provide feedback from subsea sensors, such as wellhead pressures and temperatures鈥
Oil giant BP has extended Odfjell Drilling鈥檚 maintenance service contract on three North Sea platforms.'BP has awarded Odfjell Drilling a contract for platform drilling and maintenance services on three of its platforms in the UK North Sea,'鈥
The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for a wildcat well in the North Sea.The NPD said on Tuesday that the wildcat well, designated 16/1-31 S, would be drilled from the Leiv Eiriksson drilling鈥
Italian oil company Eni said that it has successfully launched a new production well in the Vandumbu field, about 350 km north-west of Luanda and 130 km west of Soyo, in the West Hub of Block 15/06, in Angola鈥檚 offshore.According to a press release鈥
