
Aker BP: Dry well southwest of the Knarr field in the North Sea – 34/2-5 S
Aker BP ASA, operator of production licence 790, has concluded the drilling of wildcat well 34/2-5 S. The well is dry.
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Aker BP ASA, operator of production licence 790, has concluded the drilling of wildcat well 34/2-5 S. The well is dry.

Unit costs up 2% whilst operating cashflow rebounds and balance sheets strengthen.

The major workover programme follows the success of the four well workover programme conducted in Q4 2017

The well was drilled to the depth of 710 m RT (below Rotary Table) and surface casing was run and cemented to 708 m RT.

The contract is for the provision of drilling operations, maintenance services and engineering support for the Oseberg and Kvitebjørn fields.

BP and state-owned Brazilian oil company Petrobras have announced that they have signed a memorandum of understanding to form a strategic alliance to jointly explore potential business opportunities both in Brazil and beyond.

Condor Petroleum Inc, a Canadian based oil and gas company focused on production and exploration activities in Turkey and Kazakhstan provides an update on the extension of the Zharkamys exploration contract.

MMT has extended its contract with Simon Møkster Shipping AS for the DP2 multipurpose support vessel Stril Explorer.

Echo Energy plc, the Latin American focused upstream oil and gas company, has announced gas to surface on the first well of our three well workover campaign at the Company's Fracción D asset, onshore Argentina.

The Petroleum Safety Authority Norway have given Wellesley Petroleum (Wellesley) consent for exploration drilling of well 35/12-6 S in production licence 925 in the North Sea.

The company currently holds a 50% non-operated interest in the Icacos Field, via its subsidiary Leni Trinidad Limited ("LTL").

The award scope initially covers the refurbishment and upgrade of the existing subsea control system.