Maersk Drilling has received a Conditional Letter of Award (CLoA) from Total E&P Suriname, Suriname Branch for the supply of two deepwater rigs, Mærsk Developer and Maersk Valiant, for an exploration and appraisal project in […]
Baker Hughes has posted its Weekly Rig Count reports. US Rig Count is down 2 from last week to 310 with oil rigs down 5 to 231, gas rigs up 3 to 76, and miscellaneous […]
The Norwegian Ministry of Petroleum and Energy has announced the 25th licensing round on the Norwegian Continental Shelf. The licensing round includes a total of 136 blocks in nine areas, eight in the Barents Sea […]
The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy AS a drilling permit for wells 31/2-22 S and 31/2-22 A, cf. Section 15 of the Resource Management Regulations. Wells 31/2-22 S and 31/2-22 A will […]
The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy AS a drilling permit for wells 31/1-2 S and 31/1-2 A, cf. Section 15 of the Resource Management Regulations. Wells 31/1-2 S and 31/1-2 A will […]
The Norwegian Petroleum Directorate (NPD) reports that Lundin Energy Norway AS, operator of production licences 609 and 1027, has concluded the drilling of wildcat well 7221/4-1. The well was drilled in production licence 609 as […]
Transocean Ltd. has announced that Petrobras has exercised a 680-day pre-existing, fixed price option for the Deepwater Corcovado, and an 815-day pre-existing, fixed price option for the Deepwater Mykonos. Together these contract extensions add approximately […]
TGS, provider of multi-client geoscience data for exploration and production (E&P) companies, has commenced the Malvinas 3D program in Argentina. This survey was first announced to the market on August 4, 2020. The BGP vessel […]
Lundin Energy AB has announced that its wholly owned subsidiary Lundin Energy Norway AS (together Lundin Energy), has completed exploration well 7221/4-1, targeting the Polmak prospect in licences PL609 and PL1027, in the southern Barents […]
Despite concerns that COVID-19 could drive down discovered volumes to their lowest levels in decades, exploration activity has been resilient this year. Found resources already exceed 8 billion barrels of oil equivalent (boe) and are […]
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