Aker Solutions Secures Brownfield Services Contract in Brunei

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).

March 30, 2020

Field Development

Equinor Says Sverdrup Oil Field Output to Beat Expectations

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.

March 30, 2020

Exploration & Production , Lease Sales

Norway Proposes Oil Exploration Blocks, None in Barents Sea

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.

March 30, 2020

Exploration & Production , Seismic

Searcher Seismic Study to Assist Offshore Timor-Leste Bid Round

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.

March 27, 2020

Field Development

Woodside, Partners Review Timing of $4.2 Billion Senegal Oil Project

The project is Senegal’s first oil development and key to Woodside’s growth plans over the next seven years.

March 25, 2020


Tullow Cancels Maersk Drilling Contract Offshore Ghana

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.

March 24, 2020

Shelf , Discoveries

Byron Energy Strikes Pay in US Gulf of Mexico Well

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.

March 23, 2020

Deepwater , Drilling

Case Study: Weatherford Provides Fresh Approach for Ultradeep Gulf of Mexico Well

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.

March 23, 2020

Field Development

Analyst: Most North Sea Oil Output ‘in the Money’ But Decom Bill Looms

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.

March 23, 2020

Exploration & Production , Transactions

France’s Total Renounces Rights to Deepwater Block in Mexican Gulf

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.

March 23, 2020