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Statoil Awarded Licence Offshore Colombia

SOURCE: Statoil | 23 July 2014

Statoil has been awarded interest in the COL4 licence offshore Colombia in the Caribbean Sea in the 2014 Colombia Licensing Round.

Drover-1 Drilling Update - AWE

SOURCE: AWE | 22 July 2014

AWE Limited (ASX: AWE), as Operator of Exploration Permit 455 in the Perth Basin, Western Australia, reports that as at 06:00 hours (6:00am) AWST today the Drover-1 exploration well had reached its planned total measured depth of 2,356 metres and 5 ½ inch production casing is currently being run in the well.

Shell Adds Third Major Discovery To The Norphlet Play In The Gulf Of Mexico

SOURCE: Shell | 15 July 2014

Shell today announces its third major discovery in the Norphlet play in the deep waters of the Gulf of Mexico with the successful Rydberg exploration well. After more than 10 years of exploration activities in the Eastern Gulf of Mexico, Shell continues to lead industry in exploring this Jurassic play.

Rosneft Brasil And HRT Received ANP Approval For The Solimoes Project Transaction

SOURCE: Rosneft | 14 July 2014

Rosneft Brasil (Rosneft subsidiary) and HRT O&G (HRT subsidiary) received approval by the Brazilian National Petroleum, Natural Gas and Biofuels Agency (ANP) for the Rosneft Brasil transaction to acquire additional 6% in the Solimoes project. Under the agreement the completion of the purchase and transaction between HRTO&G and Rosneft Brasil shall occur up to 30 days after the regulatory approval.

Rosneft Acquires Oil Field Services From Weatherford International

SOURCE: Rosneft | 13 July 2014

Rosneft President Igor Sechin and Vice President of Weatherford International plc. for Russia Lance Marklinger signed an agreement for the acquisition of Rosneft land drilling and workover assets of Weatherford in Russia and Venezuela.

Farm-in Agreement Accepted For Morocco

SOURCE: Woodside | 04 July 2014

Woodside advises that it has finalised an agreement with Chariot Oil & Gas to farm-in to the prospective Doukkala Basin offshore north western Morocco.

More Oil From Oseberg Øst With New Drilling Campaign

SOURCE: Statoil | 03 July 2014

Statoil will increase the Oseberg Øst field recovery rate by means of a drilling campaign starting up in the summer of 2015.

Repsol Makes Oil Discovery In Trinidad And Tobago

SOURCE: Repsol | 03 July 2014

Repsol has made a new hydrocarbons discovery in the Teak field, offshore Trinidad and Tobago, in the TSP block east of the island of Trinidad.

Hanssen Oil Discovery In Barents Sea, Offshore Norway

SOURCE: Tullow Oil | 03 July 2014

Tullow Oil plc (“Tullow”) announces that the Hanssen wildcat well, in production licence 537, offshore Norway, has encountered a 20-25 metre oil bearing sandstone with good reservoir properties in the main target (Stø Formation). The Hanssen well was drilled about 7 kilometres northwest of the Wisting Central oil discovery and about 315 kilometres north of Hammerfest.

Petrobras Reduces Pre-Salt Well Drilling Time By 55%

SOURCE: Petrobras News Agency | 01 July 2014

Petrobras has been drilling wells in the pre-salt in ever shorter times, without giving up the best global operational safety practices. To have an idea of the importance of this activity, note that around 50% of the company’s investment in pre-salt is designated for constructing and evaluating wells.