Uk North Sea could see more decades of the basin’s lifespan through the pioneer of a new microbial technology which will soon be trialled. This could help save people’s jobs and “kick decommissioning down the track”. An estimate of 35% is a standard recovery rate from an oil reservoir while the rest has stayed stubbornly...Continue Reading

Gabon’s petroleum minister, Noel Mboumda, stated that Malaysia’s state-owned oil company has signed an agreement with Gabon for two exploration permits. This happened after the African country enacted a new oil law on July 2019. According to the statement, Petroliam Nasional Bhd, also known as Petronas, has a presence in Gabon and is the first...Continue Reading

A small oil discovery was made in production license 167 at the Utsira High in North Sea, by Equinor along with its respective partners Lundin and Spirit Energy. In the summer of 2019, an oil discovery was made in the Lille Prinsen Outer Wedge Well, located 1 km west of Lille Prinse Main. It is...Continue Reading

For a drilling job in the central North Sea, Fraser Well Management was hired by Corallian Energy as an operator for its Curlew-A. It is expected that FWM’s Aberdeen-based team to start the drilling of the well in the first half of 2020. Currently, the Ocean Endeavour by Gardline is conducting the site survey. Source:...Continue Reading