Swedish port ships out final Nord Stream 2 pipe

The final section of pipe for the Nord Stream 2 project stored at the port of Karlshamn has been shipped out.   Since early October 2017, nearly 39,000 pipes for the project in the Baltic Sea have transited through the port, with close to 37,000 of…

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Production drilling begins in Dvalin field off Norway

Wintershall Dea GmbH has started drilling four production wells in Dvalin natural gas field in the Norwegian Sea.   The wells – each targeting a depth of 4,500 metres -are being drilled using the Transocean Arctic harsh-environment semi-submersible drilling rig.   Work is expected to…

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Norwegian Field Gets New Life

Norway’s Petroleum Safety Authority (PSA) revealed on the 12th August that it has given Repsol consent to extend the life of the Rev field until April 2021.   “In order to recover the remaining resources in the Rev field, Repsol has applied for consent to…

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Borgland Dolphin rig on the move to drill North Sea wells for i3

UK independent i3 Energy has said that the Borgland Dolphin semi-submersible drilling rig has completed its acceptance testing ahead of drilling operations in the UK North Sea.   i3 Energy hired the Borgland Dolphin rig last April for its undeveloped Liberator oil field and Serenity prospects…

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Equinor cleared to use West Hercules rig on Lanterna well

Norwegian oil major Equinor has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling in the Norwegian Sea using the West Hercules drilling rig.   The PSA said on the 12th August that it gave Equinor a consent to…

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Aramco Plans to Buy Reliance Refining Stake

Saudi Aramco plans to buy a stake in the refining and chemicals business of India’s Reliance Industries Ltd, moving to diversify from Saudi Arabia as its first half-year earnings report showed a drop in net income.   The purchase by Aramco, the largest oil exporter…

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Discovery Offshore Guyana Better Than Expected

On the 12th August Tullow Oil Plc reported a better-than-expected start to its offshore Guyana drilling campaign.   According to a written statement from Tullow, the Jethro-1 exploration well – operated by Tullow Guyana BV – represents the company’s first discovery on the Orinduik licence….

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