Petróleo Brasileiro SA will pay an $853.2 million fine to settle U.S. criminal charges the Brazilian state-run oil company bribed politicians and then sought to conceal the payments, the Justice Department said on Thursday.The settlement with U…
Oilfield services firm Expro says it has performed the world’s first proven wireless transmission of reservoir pressure data to surface, from a recently abandoned subsea appraisal well, which incorporated a rock-to-rock cement plug. The…
Oilfield services firm Expro has launched a new extreme high-pressure tubing conveyed perforating (TCP) gun system, delivering the largest perforation hole area available for frac and gravel pack completions. Designed specifically for challenging deepwater environments in the Gulf of Mexico…
Ophir Energy has awarded an upstream construction for its Fortuna floating LNG project - west Africa's first deepwater FLNG project - to Schlumberger company OneSubsea and Subsea 7's Subsea Integration Alliance. The contract is an engineering…
More than 55 members of the Society of Petroleum Engineers (SPE) Aberdeen came together last night to celebrate the achievements of individuals within the Section. The awards ceremony, at the Aberdeen Exhibition and Conference Centre…
More than 55 members of the Society of Petroleum Engineers (SPE) Aberdeen came together last night to celebrate the achievements of individuals within the Section. The awards ceremony, at the Aberdeen Exhibition and Conference Centre…
A drill stem test (DST) on the Brasse well in the Norwegian North Sea has shown high flow rates and excellent reservoir properties, says UK-based independent Faroe Petroleum. The Brasse appraisal program will now continue with the drilling of a side-track well…
Dallas-based Kosmos Energy and BP have made a new, major gas discovery offshore Senegal, which could support a second LNG hub in the basin, according to the independent. Kosmos estimates that the Yakaar-1 discovery, drilled using the Atwood Achiever drillship…
FAR Ltd. and the Senegal joint venture are drilling the FAN South-1 exploration well into the Southern FAN prospect in the first pure exploration well to be drilled offshore Senegal since the discovery wells of FAN-1 and SNE-1 in 2014. Map…
Woodside Petroleum has added a fifth well to its Myanmar drilling program, following successful results from the Thalin deepwater discovery. The company also revealed it has made some progress in narrowing alternative ideas for the development of Browse basin offshore Western Australia…
Hurricane Energy has tripled its recoverable resource estimate for its Lancaster field in the North Sea to nearly 600 MMbbl. In its investor presentation, Hurricane provided an 'exaggerated' 3D model of Lancaster…
Fractured basement explorer Hurricane Energy is closer to proving its Halifax discovery is linked to its Lancaster field, forming a single field, which would be the UK's largest undeveloped discovery on the UK Continental Shelf. Hurricane…
UK independent explorer Cairn Energy has completed drilling on its latest Shelf North Edge well, or SNE-5, and is getting ready for its next target, offshore Senegal. Cairn says the initial results on the SNE-5 well were in line with expectations and drilling…
Cairn Energy's latest well on the SNE (Shelf North Edge) field offshore Sengal has reached total depth, at 2852m, says partner FAR Ltd. Wireline logging operations have been completed on the SNE-5 appraisal well, in Senegal's Sangomar Deep block…
Australia-based explorer Pura Vida Energy has agreed in principal a deal with a rig contractor to fund a share of the costs of a three-well drilling program offshore Gabon, west Africa, in return for a share of future production on any discoveries found…
