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Record number of operators meet to discuss Asia-Pacific decommissioning challenges

The criticality of offshore decommissioning and abandonment (D&A) in the Asia-Pacific region is manifesting itself with a record number of operators and regulators joining forces - just as the industry pivots towards imminent D&A activity. ...

Armour Energy’s Myrtle Basin well reaches a depth of 861m

Armour Energy has released the update of its northern territory drilling projects including Myrtle Basin 1 and the Lamont Pass 3. The company has drilled to a depth of 861m top of the Barney Creek...

E&P Information and Data Management: Future Information & Data Management Strategies for a Changing Industry

SMi Group proudly presents its 16th annual E&P Information and Data Management conference, taking place in London, on the 12th-13th of February 2014. Registration for the event is now open.  Event’s website: http://www.smi-online.co.uk/2014eandp20.asp Now in...

New Asia-Pac guideline could kick-start the region’s decommissioning program

Regional agreement seen as historic move toward regulatory clarity and the unblocking of a major market. Following a three-year development period, the ASEAN Council on Petroleum (ASCOPE) is moving ahead with a guideline for a...

Petrobras awards $260m contract to Prysmian

Brazilian oil company Petrobras has awarded a $260m contract to Prysmian Group with regard to a frame agreement for umbilical products for offshore oil and gas extraction. The award refers to a frame agreement for...

Statoil commences drilling of Snilehorn exploration well

Faroe Petroleum announced that drilling of the Statoil-operated Snilehorn exploration well 6407/8-6 located four kilometers from the Hyme producing oil field in the Norwegian Sea, has commenced. Statoil will undertake the drilling operations using the...

CNOOC signs PSC with Smart Oil for Block 05/31 in Bohai

CNOOC’s parent company, China National Offshore Oil (CNOOC) has signed a production sharing contract (PSC) with Smart Oil Investment (Smart Oil) for Block 05/31 in Bohai. Located in the junction of Qikou Sag and Nanpu...

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