Borr Drilling CEO speaks up on new drilling contract model

The driller is offering performance based drilling contracts to oil firms.

Vietnam: FPSO Lewek EMAS Produces First Oil in Chim Sao Field

The Lewek EMAS, the latest and largest floating production, storage and offloading (“FPSO”) vessel ...

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CGGVeritas Provides Vessel Utilization and Fleet ...

  CGGVeritas provides its vessel utilization and its fleet allocation updates for the third quarter of 2011. ...

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Eni Starts Production from Kitan Oil Field Near Australia

  Eni has started production from the Kitan oil field located between Timor-Leste and Australia, approximately ...

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New Zealand: Oil Recovery Teams Collect Oil Spilled from Rena

  Oil recovery teams head out on the water last morning to collect oil spilled from the cargo vessel Rena. The ...

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TGS Announces New 3D Multi-Client Survey Offshore ...

  TGS will commence acquisition of a new 3D multi-client seismic survey in November 2011 which covers 9,700 ...

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Iran: Phase 12 of South Pars Field to Come Online Next ...

  Phase 12 of Iran’s giant South Pars Oil and Gas field with an output of 84 million cubic meters of ...

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Tanzania: Aminex Suspends Nyuni-2 Well due to Extreme ...

Aminex PLC (‘Aminex’ or the ‘Company’) announces that it has suspended further work on the Nyuni-2 exploration well ...

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Soco Provides Update on Offshore Vietnam Operations

SOCO International plc is an international oil and gas exploration and production company, provides update on its ...

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Norway: North Energy Updates on Heilo Well

North Energy has completed drilling of the two main reservoirs and one of the secondary targets in the Heilo well ...

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Norway: Lundin Reports Major Resource Increase in Avaldsnes

Lundin Norway AS, a wholly owned subsidiary of Lundin Petroleum AB announce an updated estimate of the recoverable ...

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Rocksource Drills Duster in Norwegian Sea

Rocksource ASA announced today that the drilling rig “Borgland Dolphin” is in the process of completing operations ...

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Dragon Oil Conducts Initial Testing at Dzheitune (Lam) ...

Dragon Oil plc , an international oil and gas development and production company, announces the completion and ...

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Aminex to Drill Nyuni-2 Sidetrack, Offshore Tanzania

Aminex PLC (“Aminex” or the “Company”) provides the following update on progress at its Nyuni-2 well, offshore ...

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Island Offshore Provides Update on Deepwater Seabed ...

The M/V Island Valiant is still working for AGR Subsea AS excavating along piperoutes on the Northern Extension of ...

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Cairn Provides Update on Drilling Campaign Offshore Greenland

The following operational update relates to Cairn’s exploration drilling campaign offshore Greenland.  Gamma-1 ...

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UK: Valiant Announces Exploration Programme 2011 Update

Valiant Petroleum plc (“Valiant” or the “Company”) provided further detail on its ...

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USA: McMoRan Encounters Hydrocarbon Bearing at Lafitte Well

McMoRan Exploration Co. today announced results from interim logging operations at the Lafitte ultra-deep ...

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Thailand: Coastal Energy Announces Successful Bua Ban ...

Coastal Energy Company announces the successful results of the Bua Ban North A-05 well and provides an operations ...

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Russia: Nord Stream Moves to New Milestone. Fills ...

Following the successful construction and pre-commissioning completion (including pressure testing, cleaning, ...

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Israel: Noble Energy Halts Leviathan Drilling Due to ...

Leviathan 3 well operator Noble Energy Inc. has notified its Israeli partners that drilling of the well was halted ...

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Philippines: Galoc Joint Venture Approves FEED for ...

The Galoc Production Company (“GPC”), operator of the Galoc oil field offshore Palawan in the ...

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Vietnam Well Disappoints Salamander Energy

Salamander Energy announces the completion of the Cat Ba–1X (“101-CB-1X”) exploration well in Block 101-100/04, ...

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Philippines: Fluor Takes Part in Malampaya Project ...

Fluor Corporation announced today that its Fluor Offshore Solutions unit recently participated in the project ...

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Brazil: OGX Completes Drill-stem Test in Santos Basin ...

  OGX Petróleo e Gás Participações S.A. (“OGX”) , the Brazilian oil and gas company responsible for the ...

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Russia: Platform Reaches Prirazlomnoye Field in Pechora Sea

Today the Prirazlomnaya offshore ice-resistant stationary platform has been delivered to the Prirazlomnoye field in ...

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Oman: Rak Petroleum Posts Quarterly Results. Provides ...

RAK Petroleum Public Company Limited, the oil and gas exploration and production company, today announced a net ...

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USA: BP, GCIMT Report No Oil Leak from Macondo

  On Aug. 25, 2011, BP confirmed through a standard visual wellhead inspection that there is no release of oil ...

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