Maersk Drilling has secured a contract from Korea National Oil Corporation (KNOC) for the drillship Maersk Viking to drill one exploration well in Block 6-1 offshore the Republic of Korea. The contract is expected to commence in June 2021, in direct continuation of the rig’s previous work scope, with an estimated duration of 45 days. […]

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 […]

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 […]

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. […]

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 […]

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 […]

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 […]

 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 […]

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 […]

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 […]