Rafael Sandrea, Ph.D. and President of IPC Petroleum Consultants, Inc., provides insights into global crude production in his microblog, Future Oil & Gas Supply-Potholes & Options.
The Jaguar-1 well will be drilled to a depth of 6,500 metres to test the Turonian geologic zone.
The Foster Wheeler contract value, which was not disclosed, will be included in the company’s fourth-quarter 2011 bookings.
Petrobras says the drilling of the first well after the execution of the Transfer of Rights Agreement has been completed and shows the potential of the Franco area.
Total announces the signature of an agreement with Sinochem to sell TEPMA BV.
French oil giant Total announced plans to further expand its large offshore oil development off the coast of the West African nation of Nigeria.
RWE Dea Norge AS has secured rig capacity for drilling three wells in in the North Sea and the Norwegian Sea.
Iona completed the acquisition of North Sea Block 3/8d earlier in January.
Baker Hughes announced today that the international rig count for January 2012 was down from December and up from January 2011.
Wintershall Norge ASA has received consent to carry out exploration drilling in the North Sea with the Songa Delta mobile facility.
Construction and installation contracts have been awarded for Ofon Phase 2, which is scheduled to come on stream in 2014.
