Exploration & Development

Shell has reached an agreement with KUFPEC Thailand Holdings Pte Limited, a subsidiary of Kuwait Foreign Petroleum Exploration Company (KUFPEC), for the sale of subsidiary companies…
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Aibel and Aker Solutions have, on behalf of the licence partners, been awarded contracts for hook-up and commissioning assistance for the Johan Sverdrup field centre, phase 1. The…
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A subsidiary of TechnipFMC has entered into an agreement with INPEX Operations Australia for Riserless Light Well Intervention (RLWI) services in the Ichthys field, approximately…
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BP agreed to sell part of its interests in the Magnus oil field and some associated pipeline infrastructure in the UK northern North Sea and in the Sullom Voe Terminal (SVT) on Shetland…
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Deepwater Gulf of Mexico start-up expected to add 50,000 barrels of production, marking latest major investment in U.S. offshore region. BP has started up the Thunder Horse South…
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Late December 2016 Huisman, the worldwide specialist in lifting, drilling and subsea solutions, and Oceana Shipyard, part of CBO group, signed a contract for the delivery of two…
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Baker Hughes and Schlumberger will be awarded the contracts for integrated drilling and well services on the Cat J rigs Askepott and Askeladden. The rigs will perform work at Oseberg…
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Exxon Mobil Corporation will more than double its Permian Basin resource to 6 billion barrels of oil equivalent through the acquisition of companies owned by the Bass family of Fort…
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The plan for development and operation for the Utgard and Byrding fields in the North Sea has been approved by the authorities. Utgard is a gas and condensate field on Norwegian…
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One year after the license award Statoil has made an oil and gas discovery close to Norne estimated at between 20 and 80 million barrels. The drilling of the Cape Vulture…
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