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Maersk Drilling Wins Additional Three-Well Contract With Aker BP

Maersk Drilling has secured a contract with Aker BP, on behalf of the Ivar Aasen license, who will employ the ultra-harsh environment jack-up rig Maersk Invincible for the drilling of three infill wells at the Ivar Aasen field offshore Norway. The contract has an estimated duration of 86 days and is expected to commence in […]

Oilfield Africa - Tuesday May 3, 2022
W&T Offshore Signs MOU For Strategic Collaboration With KNOC

W&T Offshore, Inc. has announced the signing of a Memorandum of Understanding (MOU) with Korea National Oil Corporation (KNOC) to jointly consider and pursue various opportunities in upstream oil and gas as well as other potential joint venture opportunities along the energy value chain in North America. This non-binding MOU allows both parties to collectively […]

Oilfield Africa - Tuesday May 3, 2022
Seadrill Wins Three Jack-Ups Contract In The Middle East

Seadrill Limited has been awarded three contracts by a leading operator for the West Ariel, West Cressida, and West Leda for work in the Middle East. The firm-term of each contract is three years with expected commencement between Q1 2023 and Q2 2023. Total contract value for the three contracts is approximately $404m (inclusive of mobilization […]

Oilfield Africa - Monday May 2, 2022
ExxonMobil Makes Three New Discoveries Offshore Guyana, As Stabroek Hits11 Billion Barrels

ExxonMobil has made three new discoveries offshore Guyana and increased its estimate of the recoverable resource for the Stabroek Block to nearly 11 billion oil-equivalent barrels.  The three discoveries are southeast of the Liza and Payara developments and bring to five the discoveries made by ExxonMobil in Guyana in 2022. The Barreleye-1 well encountered approximately […]

Oilfield Africa - Monday May 2, 2022
WOOD ENERGY REVENUE BUOYS AMID LOW CRUDE OIL SALES

Wood Energy said it has delivered crude oil production of 22.3 MMboe, down 1% from Q4 2021. According to the company’s first quarter report for period ended 31 march 2022 it has delivered sales volume of 25.5 MMboe, including a 2% increase in produced LNG sales volume from Q4 2021.  The average realised price increased […]

Oilfield Africa - Thursday April 28, 2022
TotalEnergies Stake In Atapu Oilfield Is Still Intact Offshore Brazil

 French oil major TotalEnergies has been given more time to pay Petrobras for its 22.5 percent share in the Atapu offshore oil field. The Atapu block was acquired by the consortium composed of Petrobras which holds a 52.5 percent stake, Shell which holds 25 percent, and the remaining 22.5 percent is held by TotalEnergies. The […]

Oilfield Africa - Monday April 25, 2022
BW Energy Resumes Three Well Drilling Campaign, To Purchase FPSO Offshore Brazil

BW Energy has decided to proceed with the Maromba development project offshore Brazil and signed an agreement to purchase the FPSO Polvo from BW Offshore. The FPSO will be upgraded and redeployed on the field. The development plan is based on an initial drilling campaign of three wells with planned first oil in 2025 and a second campaign with a further three wells in 2027. The investment decision is subject to certain conditions precedent, including completion of the project financing. Unlocking material production “We […]

Oilfield Africa - Monday April 25, 2022
PC Ketapang Hits First Oil From BTJTB-T2 Well Offshore Indonesia

PETRONAS has disclosed that its subsidiary PC Ketapang has achieved its first hydrocarbon in the successful drilling of the Bukit Tua Phase-2B’s BTJTB-T2 well located within the Ketapang Block, offshore East Java, Indonesia.  The BTJTB-T2 well was spudded on 30 September 2021 and drilled with a target depth of 1,890 metres. This milestone is part […]

Oilfield Africa - Thursday April 14, 2022
Murphy Encounters First Oil At King’s Quay FPS Deepwater Gulf of Mexico

Murphy Oil Corporation (NYSE: MUR) announced today that it has achieved first oil from the Khaleesi, Mormont and Samurai field development project in the deepwater Gulf of Mexico, as production has begun flowing through the Murphy-operated King’s Quay floating production system (King’s Quay FPS). The project is comprised of the Khaleesi / Mormont fields in […]

Oilfield Africa - Wednesday April 13, 2022
Maersk Drilling Secures Contract For Resolute Through Rig Sharing Agreement

Maersk Drilling has been awarded contracts which will see the harsh environment jack-up rig Maersk Resolute employed to plug and abandon a total of 31 wells in the Dutch sector of the North Sea in support of a rig sharing agreement between TotalEnergies EP Nederland B.V. and Petrogas E&P Netherlands B.V. The contracts are expected […]

Oilfield Africa - Monday April 11, 2022

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