Iran’s US$1.4 billion Deal for Oilfields near Iraq Border

The National Iranian Oil Company (NIOC) has agreed a US$1.4-billion deal to develop two oilfields in Khuzestan, near the border with Iraq.   The National Iranian South Oil Company (NISOC) and Iran’s MAPNA Group signed a ten-year contract within the IPC framework, to improve the…

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Offshore Peru review reveals prospectivity in southern basins

Searcher Seismic has completed its Offshore Peru OpenSeis 2D and 3D seismic dataset.   This comprises 44,389 kilometres (27,582 miles) of 2D and 15,526 square kilometres (5,995 square miles) of 3D vintage seismic data along the Peru coastline, which has undergone post-stack reprocessing using the…

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Serinus Energy’s Moftinu – 1004 well flows 6.0 MMscf/d on test

Serinus Energy has announced the flow-test results of the Moftinu – 1004 well.   The well flowed 6.0 million standard cubic feet per day (‘MMscf/d’) (approximately 1,000 boe/d) on test.  As previously announced, the Moftinu – 1004 well was drilled to 1,000 metres.   The…

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Hess reports first gas from North Malay Basin Phase II

Hess Malaysia, Kuala Lumpur, started first gas from the Zetung wells in Phase II of the North Malay Basin (NMB) integrated gas development project in Malaysia.   Phase II includes development of Zetung and Anggerik fields south of the Bergading Central Processing Platform 300 km…

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Top 30 High Impact Wells in 2020

Rystad Energy has identified what it considers the top 30 high impact wells that will be drilled this year.   Five of the 30 wells are located in North America, seven in South America and six in Africa. Of the remaining wells, four are scheduled…

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Mermaid Maritime targets North Sea market

Thailand’s offshore vessel operator Mermaid Maritime has incorporated a subsidiary in the UK with an intention to provide its services in the North Sea.   Mermaid said on the 9th February that it had incorporated an indirect wholly owned subsidiary, Mermaid Subsea Services (UK) Limited…

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Standard Club West Africa maritime security update

10 February 2020 ​​The club has identified a marked increase in incidents of piracy and armed robbery attacks off West Africa during 2019 and early 2020. This included the worrying increase in kidnappings involving tankers often occurring a long way from shore. A recent industry…

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Noble semi-sub to drill for Berlanga offshore Myanmar

Noble Corporation has issued an update on its offshore drilling rig fleet.   Offshore Myanmar, Berlanga has contracted the semi-submersible Noble Clyde Boudreaux at a day rate of US$135,000. The contract is expected to run from mid-March 2020 to late April 2020. It includes a…

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Premier files decommissioning plan for Huntington field FPSO

Oil and gas company Premier Oil has filed its decommissioning program for the float-off of the Huntington field FPSO, located in the UK North Sea, to the UK authorities.   The Premier-operated Huntington field is located in block 22/14b of the Central North Sea, approximately…

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