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EMP Applauds Poseidon Principles

Jun 20, 2019

Japan-based Eco Marine Power (EMP), a company develops and markets renewable energy based systems for ships and other vessels, has applauded the recently announced introduction of the Poseidon Principles – a global framework for assessing and…

KCA Deutag Names Elkhoury CEO

Jun 11, 2019

Drilling and engineering contractor KCA Deutag has appointed a new chief executive Joseph Elkhoury, as ­current boss Norrie McKay prepares to retire. McKay will remain with the group in an advisory capacity until December 31, 2019, working closely with Joseph to ensure a smooth transition…

W&T Strikes Oil in US Gulf of Mexico

Jun 06, 2019

Oil and natural gas producer W&T Offshore has discovered oil at the Gladden Deep prospect in Mississippi Canyon block 800 in the deepwater Gulf of Mexico.W&T is operator of the well, which is one of 14 planned for the drilling program under the Monza JV…

Santos Finds Gas Off Western Australia

Apr 16, 2019

Santos announced Tuesday it has confirmed significant gas resource in the Corvus-2 appraisal in the Carnarvon Basin, offshore Western Australia.Corvus-2 is located in 63 meters water depth, approximately 90 kilometers northwest of Dampier in Commonwealth waters within petroleum permit WA-45-R…

Gazprom Neft, Schlumberger Partner on Well Logging

Apr 05, 2019

Gazprom Neft and Schlumberger have agreed to enter technological cooperation in well logging. “Gazprom Neft is committed to developing its scientific, intellectual, staffing and technological capabilities, supporting a collaborative ecosystem and building an inclusive innovation-focused environment…

Petrobras, Açu Petróleo Sign for Ship to Ship Operation in Port of Açu

Mar 26, 2019

Petrobras and Açu Petróleo (a partnership of Prumo Logística and Oiltanking) signed a contract to carry out ship to ship operations at the company's Petroleum Terminal (T-OIL), located in the Complex of Port of Açu, in the north of the state of Rio de Janeiro…

Talos Comes Up Big Offshore Mexico

Jan 24, 2019

An appraisal well in the Zama project offshore Mexico showed more potential for oil, raising hopes of a large discovery, operator Talos Energy said on Thursday.The Zama project in Block 7 offshore Mexico is operated by Talos, whose partners include Sierra Oil and Gas and Premier Oil…

Jadestone Energy to Restart Montara Production

Jan 06, 2019

Asia Pacific upstream oil and gas development and production company has announced the completion of works required to resume production from the Montara oil field. This restart follows an extensive maintenance and inspection shut down.  'Work…

Brasse Wells Disappoints Faroe Petroleum

Jan 04, 2019

Faroe Petroleum has failed to find hydrocarbons at its Brasse East exploration well in the Norwegian North Sea, while the Brasse appraisal sidetrack well encountered hydrocarbons.The Aberdeen-headquartered firm said that the Brasse East exploration well 31/7-3 S was drilled to a total depth of 2…

President Energy Strikes Oil in Argentina

Dec 19, 2018

UK-based oil and gas company President Energy President Energy has encountered oil in the third and final well of its current drill programme at the Puesto Flores concession in Argentina.Well PF0 1005 has been drilled, logged, cased and cemented to 2…

Amerisur Resources Hits Oil at Indico Well in Colombia

Dec 11, 2018

UK-based independent full-cycle oil and gas company confirmed that Indico-1 well in Colombia reached target depth of 10,604 feet and encountered the Lower Sands of the Une formation.The South America focused oil and gas producer, which owns 30% non-operated working interest in the Indico-1 well…

Pan Orient Energy Announces Thailand Oil Discovery

Oct 29, 2018

The oil and natural gas company Pan Orient Energy Corp announce that the L53-DD1 exploration well encountered an interpreted, combined 26 meters of net oil pay within three separate sandstone reservoirs between a true vertical depth of 960 to 1…

Modern Facies Analysis Brings Greater Accuracy to Reservoir Models

Oct 16, 2018

New facies-first technique provides greater geo-model accuracy to optimize reservoir appraisal and assessment.Deriving facies models from the outcomes of seismic inversions, and their derivatives, has become standard practice in reservoir characterization workflows…

Siccar Point Energy Confirms Cambo Well Test Success

Aug 23, 2018

Siccar Point Energy has successfully concluded well testing operations on the 204/10a-5 appraisal well in the Cambo field, north-west of Shetland.A vertical pilot hole was initially drilled confirming over 100ft of oil column and a higher than anticipated net pay of 58ft…

GustoMSC Evolves Chela the "Smart" Crane

Mar 20, 2018

Nearly two years ago GustoMSC introduced a smart crane for lifting and wireline operations under the drilling cantilever. Two years later, following industry feedback and further development, the equipment has evolved into Chela, named after the Greek word for a crab’s claw…

Current News

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Sapura Energy Hooks Subsea Services Contract from Thai Oil Major Off Malaysia

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Philippines' PXP Energy Eyes Petroleum Blocks in Non-Disputed Areas

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China's Imports of Russian Oil Near Record High

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