Noble Energy has encountered ‘significant traces of natural gas’ at its Karish prospect, in the Mediterranean sea, offshore Israel. The well, located in the Alon C license, 75 kilometers north west of Haifa, has today reached a final depth of 4,790 meters below sea level (including the depth of the water). The U.S. independent informed its partners, [...]
Keppel FELS has delivered a second KFELS B Class jackup rig to offshore Mexican oil field services company, Integradora de Servicios Petroleros Oro Negro (Oro Negro). Named Laurus at Keppel FELS today, the rig was delivered eleven days early and with a perfect safety record. Laurus is the second of two high-specification jackup rigs that [...]
French oil major Total announces that it has been awarded 10 new exploration licenses during Brazil’s 11th bid round. Total will be the operator with 40% interest in five blocks situated in the Foz do Amazonas basin (FZA-M-57, FZA-M-86, FZA-M-88, FZA-M-125 and FZA-M-127) and with 45% interest in one block (CE-M-661) in the Ceara basin. [...]
Transocean, a Switzerland-based offshore drilling contractor, has revealed it has secured a two-year drilling contract for one of its drillships. The drillship, known as the Deepwater Millennium, has been hired by an undisclosed client to operate in Australian waters, at a dayrate of $605,000. According to Transocean, an estimated contract backlog is $442 million. The contract is expected [...]
BP and partners Total, Petrobras and Petrogal were yesterday named winning bidders for eight deepwater blocks offshore Brazil in the Brazilian National Petroleum Agency’s (ANP’s) 11th bid round. BP will be operator in two of the blocks. The companies have committed to explore concession blocks FZA-M-57, FZA-M-59, FZA-M-86, FZA-M-88, FZA-M-125, and FAZ-M-127 in the Foz [...]
Portugal’s oil and natural gas integrated operator Galp Energia participated on the first day of the 11th bidding round for exploratory blocks organized by the National Petroleum, Natural Gas and Biofuels Agency (“ANP”), that was held today in Rio de Janeiro, Brazil. On this first day of the bidding round Galp Energia was awarded the following blocks: [...]
Statoil was the highest bidder on 6 licenses in the 11th Round, the first licensing round in Brazil since December 2008. With the new licenses, Statoil has strengthened its position in the Espirito Santo basin. The award in Brazil’s 11th licencing round reflects Statoil’s extensive application and ambition of long-term growth in Brazil. Out of [...]
Noble Corporation has been awarded a drilling contract by Statoil for a newbuild ultra-high specification jack-up for use in the United Kingdom sector of the North Sea. The initial contract is for four years and is anticipated to commence during the third quarter of 2016. The total estimated value of the four year primary term [...]
BG Group Chief Executive, Chris Finlayson will today deliver a strategy update outlining the next stage of the company’s growth. The Group’s immediate priority is execution, primarily the delivery of its 2013 milestones and the growth projects in Australia and Brazil. As detailed in the company’s first quarter results, BG Group is making good progress [...]
The “Fault Margin” appraisal well in PL 265 on the Johan Sverdrup discovery, in the Norwegian part of the North Sea, is in the process of being completed. “Det norske oljeselskap ASA is of the opinion that the well results are very good. The result removes any uncertainty related to the reservoir quality in the [...]
