Aker Solutions, in a joint venture with PTAS Sdn Bhd, has signed a five-year agreement on March 30 to provide offshore maintenance and modification services to Brunei Shell Petroleum (BSP).
Western Europe’s biggest producing oil field is now expected to hit a daily output rate of 470,000 barrels in early May, above the 440,000 barrels per day (bbl/d) peak that had initially been penciled in for mid-year, the company said.
All the blocks are offered in the western part of the Norwegian Sea, with interested parties asked to submit comments in a public hearing by May 11, the oil and energy ministry said.
Searcher reached a marketing and sales agreement with Timor-Leste’s Petroleum Authority, Autoridade Nacional Do Petroleo E Minerals (ANPM) on March 25 for its Offshore Timor-Leste data and study package.
The project is Senegal’s first oil development and key to Woodside’s growth plans over the next seven years.
Maersk Drilling has received a notification from Tullow Ghana Ltd. on March 24 of early termination for convenience of the drilling contract for the drillship Maersk Venturer.
Byron Energy’s latest well located on South Marsh Island Block 71 in shallow water Gulf of Mexico was flowing at a rate of 8.3 million cubic feet per day of gas.
Fourteen days and $14 million saved by sidetracking from a collapsed expandable liner using an off-the-shelf casing-exit system by Weatherford in an ultradeep Gulf of Mexico well.
The North Sea between Britain and Norway, home of the Brent crude stream that underpins global oil prices, is one of the world’s oldest and most expensive oil basins.
The regulator said Total decided to return the block due to the results it had obtained to date and must pay a fine of $21.2 million for failing to comply with its contract’s minimum exploration work requirements.