Exclusives

Eni, production, growth, Saipem

The Italian major posted a 10.7% rise in output in the second quarter.

Providence Resources and Europa Oil & Gas are among the companies that have identified prospects, but success has not been had by all in the in past.

The specter of Russia looms over Europe as Romania focuses on shale and ultradeepwater exploration to reverse declining oil and gas production.

Heriot Watt University in Edinburgh has run a consortium devoted to time-lapse seismic, not within its geophysics department but within its petroleum engineering department.

A succession of high-profile speakers at the annual SPE/IADC Drilling Conference in London lined up to outline some of the long-term measures their companies have undertaken to raise their game.

Deepwater International

Norway’s Polarcus has been hired to conduct a 3-D marine seismic survey offshore Egypt.

Various subsea equipment will be delivered throughout 2015 and 2016.

GE Oil & Gas has invested more than $20.5 million across its subsea manufacturing facilities in Montrose, Scotland, in a move to enhance its business’s test and assembly and manufacturing capabilities.

Ceona has successfully installed a 570-mt multiple pipelay vertical lay system (VLS) and twin 400-mt cranes onto its next-generation flagship asset, the Ceona Amazon.

Kosmos Energy is taking a fresh look at a handful of new and existing exploration prospects in frontier waters offshore Ireland, according to partner Europa Oil & Gas.

Exploration

Maurel & Prom said deal, due to be completed in December, would add Nigeria to its Gabon and Tanzania operations, giving it presence in three key sub-Saharan producers, Reuters said.

Range of cargo carrying units includes baskets and containers certified to international standards, and certified cutting boxes and DNV/MPT portable chemical tanks for rental alongside pumps and operated vacuum services.

ExTek AS is Norway’s only oil, gas industry core competency training center using globally recognized CompEx Scheme. Seagull aims to be complete provider of training solutions, said its managing director. 

Development of North Pars, Golshan and Ferdowsi gas fields will be offered to investors at the upcoming London conference, according to state news agency Shana, Reuters said.

Mahdia covers 3,024 sq km and contains the El Mediouni structure. The well hit oil shows in the Ketatna (Oligo-Miocene) carbonates. The permit will be extended for three years.

Production

Production from Goliat Field, which could hold 174MMbbl of oil, was originally scheduled to start in 2013, and the latest deadline was the end of this summer, Reuters said.

Total, an operator of the offshore Han Asparuh 1-21 block along with OMV and Spain's Repsol, had postponed drilling there due to the fall in oil prices, Reuters said.

BG’s output grew by 19% during the quarter to 703,000 barrels of oil equivalent per day (boe/d)—driven by Australia and Brazil—which helped cushion the company’s sharp drop in income.

Total began production from Dalia Phase 1A, a new development on its deepwater Block 17offshore Angola. The project involved seven infill wells that were tied back to the Dalia FPSO.

For about US$523 million, Maersk Drilling extended contract with BP to operate NA Heydar Aliyev drilling rig in Shah Deniz natural gas field in the Caspian Sea until May 2021. 

Subsea Engineering

Wintershall is looking to boost oil and gas production from its core areas including Russia, Norway and the UK while also expanding activities in Argentina, new company chairman Mario Mehren told the World Gas Conference in Paris.

The threat of possible strike action continues to hang over the U.K. North Sea.

The latest international survey of the offshore oil and gas sector reminds the industry of some of its worst ills that have only been exacerbated by the current low-price environment.

The rampant cost inflation which U.K. North Sea producers have been battling against in recent years was starkly highlighted at an industry event in Aberdeen.

The UK government has finally unveiled a package of measures to help the country’s ailing offshore industry which it says will encourage more than £4bn of additional investment over the next five years. 

Technology

IKM will retain Oceaneering’s employees, technology, contracts and equipment fleet, according to a news release.

AGR Tracs is partner for subsurface; Petrofac company SPD is partner for wells; Wood Group is partner for facilities; Subsea7 is partner for subsea and Proserv is partner for hardware.

Johann Pleininger, who joined OMV in 1977, will replace Jaap Huijskes as head of E&P, Reuters said. Pleininger is currently senior vice president for CEE and Black Sea there.

The change became effective immediately. EMGS has initiated a search for a new CEO.

Lukoil said its share of production in Kazakhstan amounted to about 4.3 million tonnes of oil and about 1.5 billion cubic meters of commercial gas in 2014.