
News
June 09, 2023
The updated estimate of the discovery size is 53-90 MMboe, which is twice as large as the original pre-drill estimate and slightly larger than the preliminary estimates announced on May 25.

News
June 09, 2023
The plans for a strategic relationship between Vår Energi and Halliburton build on the already established one-for-all and all-for-one model and represents incentives to work as an integrated team toward common goals.

News
June 08, 2023
In an area known for increasingly challenging subsurface imaging, application of full-waveform inversion (FWI) utilizing ultra-long offsets will provide a dataset that represents a step-change in the conceivable geological and geophysical interpretation.

News
June 08, 2023
The Alvheim field is one of the most successful developments on the Norwegian continental shelf. When PDO was submitted to the Government in 2004, the reserves estimate was 171MMboe. Production from the Alvheim field exceeded this volume in early 2014.

News
June 08, 2023
The Tyrving development will utilize the planned extended lifetime for the Alvheim field, increase production and reduce both unit costs and CO2 per bbl.

News
June 07, 2023
The innovative 2D-cubed technology utilizes a structurally conformable interpolation engine that transforms 2D data into a comprehensive 3D volume, which can be interpreted on a regional scale.

News
June 07, 2023
Geopartner Geofizyka, the geophysical survey company, has invested a six-figure sum into STRYDE’s equipment as part of a 3D seismic survey for an oil field exploration and development program by a major Polish oil and gas operator.

News
June 06, 2023
The company plans to acquire a roughly 7,500 square-kilometer 3D seismic survey and upon completion, TGS will have built a 3D library of 25,000 square-kilometers in the Malvinas basin.

News
June 06, 2023
The North Sea Transition Authority (NSTA) has launched a digital platform which operators will now use to submit and update Supply Chain Action Plans (SCAPs) containing important information about their contracting activities.

News
June 06, 2023
Strohm was awarded a contract with independent E&P operator PRIO (formerly known as PetroRio) to provide its composite pipe solutions to support operations at its Frade field.

News
June 06, 2023
Based on Sercel’s breakthrough QuietSeis MEMS technology, the GPR300 delivers unprecedented broadband signal sensing capability and fidelity, and ultra-quiet performance to enable best-in-class subsurface imaging and outperforms conventional OBN equipment.

News
June 05, 2023
The Storting, Norway’s legislative body, has approved Aker BP's plans for development and operation of the Yggdrasil area and Fenris, as well as further development of Valhall.

News
June 05, 2023
The heavy lift was conducted using the Heerema Marine Contractors’ Thialf semi-submersible crane vessel.

News
June 05, 2023
Located 55km off the coast of Pointe-Noire in the Republic of Congo, and 7km from the neighboring infrastructure at Likouala, the acreage could only be developed by installing a dedicated platform.

News
June 02, 2023
DynOps combines live vessel response data and weather forecasts with advanced analytics to predict vessel operability with high accuracy and support decision making. DynOps has been found to reduce waiting on weather for marine operations by up to 30%, vastly reducing cost and time.

News
June 01, 2023
Ramform Hyperion is expected to mobilize for the survey late third quarter and the program has a total duration of approximately 70 days.

News
June 01, 2023
The Uranus rig will now be moved to the Akkaya tripod to start drilling Alapli-2, the next well. Alapli-2 is a twin of a previously discovered gas pool but that has never been put into production.

News
June 01, 2023
The technique increases underground pressure in the reservoirs, which makes it easier to bring more oil to the surface and extends the life of the fields. Removing the CO2 also allows Petrobras to safely pipe the remaining natural gas to shore.

News
June 01, 2023
The project has already drilled 5 producing wells and 5 injectors. These wells will produce up to 150,000 bbl of crude oil, 6 MMcm of natural gas and inject 220,000 bbl of water per day.

News
May 31, 2023
“We have seen this before and come through the other side. We will do so again. Our members will continue to prepare and show, as a sector, that we are ready to play a leading role in one of the world’s lowest carbon energy projects," said Charlene Johnson, Energy NL CEO.

News
May 31, 2023
The project to develop an oil field about 500 kilometers (311 miles) off Newfoundland’s coast has “experienced significant cost increases” in recent months, the company said.