Lundin seals up Drilling job in Barent sea Lundin Norway has completed the drilling and testing of the re-entry of appraisal well 7220/11-3 A (Alta-3) on the eastern flank of the Alta discovery in PL609. The Alta discovery is estimated to contain gross contingent resources of between 125 MMboe and 400 MMboe reports WorldOil The …
Angola confirms death of a Tenaris field Service Specialist in Heli crash Offshore Energy Today – Local authorities in Angola have confirmed that a field service specialist employed by Tenaris, a multinational manufacturer, and supplier of steel pipes to the oil and gas industry, died as a result of Monday’s helicopter crash. The company said earlier this week that …
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Oil price slumps within 24hours OPEC agrees to cut production Output As seen in ThisDay despite the decision of the Organisation of Petroleum Exporting Countries (OPEC) to cut crude oil production by 200,000-700,000 barrels per day to achieve price recovery, oil prices fell yesterday after the gains recorded on Wednesday. This was just as Royal …
Oil price slumps within 24hours OPEC agrees to cut production Output Read More »
Maersk Oil Kickstart First well in the Culzean Field,UK Maersk Oil, a Danish oil company, has started drilling of the first production well on its Culzean field in the UK North Sea. The well, spudded at 18:00 on September 28, is the first of six production wells to be drilled on the high pressure/high temperature …
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