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Vantage Drilling wins 2-year drilling contract for the drillship “Platinum Explorer” from ONGC

Vantage Drilling International has announced  that its ultra-deepwater drillship, the Platinum Explorer, has received a letter of award for a two-year contract from Oil and Natural Gas Company (ONGC). The Platinum Explorer is currently performing under an existing three-year contract with ONGC, which is expected to conclude in the second quarter of 2021. The new contract with ONGC […]

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Sakarya Gas Discovery Update – Türkali-1 and 2 Appraisal Wells Offshore Turkey

In October 2020 Turkey’s President, Recep Tayyip Erdoğan stated that the Sakarya Gas Discovery in the southern Black Sea may have established contingent resources of 405 Bcm (14.3 Tcf) of gas. Turkish media recently reported the completion of the Türkali-1 appraisal well, which was drilled 4km to the northwest of the Tuna-1 discovery well. The […]

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Stena Drilling in a Strategic Framework Agreement for Decarbonisation Exploration with Uk Based Dcarbonx

In support of development of offshore “geoenergy” resources, stena and bcarbonx have entered in offshore decarbonisation exploration drilling technology as a new, innovative, and sustainable enabler of the energy transition. The companies will work together to engineer solutions to discover and develop subsurface assets for combinations of geothermal energy, molecular energy storage, and carbon sequestration. […]

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Maersk Drilling awarded two-well contract for low-emission rig to return to Aker BP

Maersk Drilling has secured an additional two-well contract for the low-emission rig Maersk Integrator with Aker BP. The plan is that in direct continuation of the rig’s previously announced work scope with a different operator, Maersk Integrator will return to Aker BP’s Ivar Aasen field for a two-well campaign expected to commence in Q3 2021. The […]

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CADOGAN Petroleum provides operational update

Cadogan Petroleum, the London Stock Exchange listed independent oil and Gas Company provides the following operational update post year end. Net production for 2020 was 106,400 bbl which is 1.5% above the production of 2019. This production result was achieved despite the heavy impact of covid-19 pandemic and 5.5 months shut-down of Blazhiv-3 and Blazhiv-Monastyrets-3 […]

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Lundin concludes Drilling Activities of Barents Sea Wildcat Well

Lundin Energy Norway AS, operator of production licence 533 B, has concluded the drilling of wildcat well 7219/11-1. The well was drilled about 40 kilometres southwest of the Johan Castberg field, 35 kilometres northwest of the 7220/11-1 (Alta) oil/gas discovery and 225 kilometres northwest of Hammerfest. The exploration target for the well was to prove […]

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OGDCL DISCOVERS GAS CONDENSATE AT SIAL-l WELL

 Oil and Gas Development Company Limited (OGDCl) as operator (95%) and Government Holdings (Pvt) Limited (5%) has discovered gas & condensate from its exploratory well Sial-1, which is located in district Hyderabad, Sindh Province.  The structure of Sial-1 was drilled and tested using OGDCl’s in house expertise. The well was drilled down to the depth […]

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Neptune Energy commences Seagull drilling campaign

Neptune Energy and its joint venture partners bp and JAPEX, has announced drilling has commencement of drilling activities on the Seagull project in the UK Central North Sea. The Gorilla VI (JU-248) jack-up rig, operated by Valaris, will drill four wells for the development over the course of the drilling campaign which is expected to […]

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BP Divest 20% venture in Oman‎’‎s Block 61 to PTTEP

BP has agreed to sell a 20% participating interest in Oman’s Block 61 to PTT Exploration and ‎‎Production Public Company Limited (PTTEP) of Thailand for a total consideration of $2.6 billion. ‎Following completion of ‎the sale, bp will remain operator of the block, holding a 40% interest.‎ ‎Subject to approval from the Sultanate of Oman […]

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Eni in another round of bids in the North Sea offshore UK

Eni announces the successful award of a new Production Licence, resulting from an application made in the 32nd UK Offshore Licensing Round. The Licence, named P2511, covers an area of approximately 340 square kilometres and is located approximately 250 km offshore UK in the Northern North Sea in a water depth ranging from 100 to 130 […]

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