Archive | The Offshore Frontier

ExxonMobil begins production from Arkutun-Dagi in Sakhalin

Posted on 19 January 2015 in Global and Regional Markets, News, The Offshore Frontier

ExxonMobil announced that production has begun at the Sakhalin-1 project’s Arkutun-Dagi field – the last of the three fields to be developed. Peak daily production from the field is expected…

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Enhanced Drilling taking RMR to deeper waters on NCS

Posted on 14 January 2015 in News, The Offshore Frontier

A major operator has signed a four-year contract with Enhanced Drilling for its Riserless Mud Recovery (RMR) and Cuttings Transportation Systems (CTS)…

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Petrobras discovers oil accumulation in the Sergipe Basin Farfan area

Posted on 09 January 2015 in Global and Regional Markets, News, The Offshore Frontier

Petrobras found light oil and gas in the Farfan area after drilling a well in the Sergipe Basin ultra-deep waters. The results confirm predictions made in the region…

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Eni extends contract with Ocean Rig Poseidon

Posted on 08 January 2015 in Global and Regional Markets, News, The Offshore Frontier

Ocean Rig announced an agreement with ENI Angola, to extend the contract for the Ocean Rig Poseidon drillship for one year, until Q2 2017. As part of the contract…

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Chevron makes oil discovery at Anchor prospect in deepwater US Gulf of Mexico

Posted on 06 January 2015 in News, The Offshore Frontier

Chevron announced a significant oil discovery at the Anchor prospect in the deepwater U.S. Gulf of Mexico…

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Rowan secures new jackup contracts, extensions

Posted on 05 January 2015 in Global and Regional Markets, News, The Offshore Frontier

Rowan Companies’ Joe Douglas, a LeTourneau Technologies 240-C Class jackup, has been awarded a one-well contract with Fieldwood in the Gulf of Mexico for…

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TOTAL begins drilling deepwater Egina project in Nigeria

Posted on 05 January 2015 in Completing the Well, News, The Offshore Frontier

An intensive drilling program is under way on the Egina project in Nigeria, TOTAL announced. Two rigs will be kept busy for a total of 3,000 days, drilling 44 wells in water depths ranging between 1,400-1,700 m.

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Seadrill purchases ultra-deepwater drillship West Polaris

Posted on 02 January 2015 in Global and Regional Markets, News, The Offshore Frontier

Seadrill has exercised a purchase option for the West Polaris, a sixth-generation ultra-deepwater drillship, from Ship Finance International Limited. The West Polaris was…

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BP, SOCAR to explore shallow water Absheron Peninsula

Posted on 22 December 2014 in Global and Regional Markets, News, The Offshore Frontier

BP and SOCAR signed signed a new production sharing agreement (PSA) to jointly explore for and develop potential prospects in the shallow water area around the Absheron Peninsula…

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Eni completes production test on Minsala Marine 1 exploration well offshore Congo

Posted on 16 December 2014 in Global and Regional Markets, News, The Offshore Frontier

Eni has successfully completed the production test on the Minsala Marine 1 NFW, located in the Marine XII Block offshore Congo, 35 km from the shoreline and 12 km…

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