Lundin Petroleum’s subsidiary Lundin Norway has completed the drilling of wildcat well 25/10-12S, located in the North Sea.

UK-based oilfield services company Archer has received a 30-day notice of early termination of its modular drilling rig contract for the Archer Emerald from Talisman Sinopec Energy UK.

Moody’s says that among players exploration and production (E&P) companies will be hit first, while oilfield services (OFS) and midstream energy operators will feel the knock-on effects of reduced capital spending in the E&P sector.

Lundin has received consent from the Petroleum Safety Authority (PSA) Norway to carry out exploration drilling of well 16/1-24, in a prospect named Gemini, in the North Sea.

AGR has been awarded the Well Management Services Contract with Edison Norge AS.

Italian oil company Eni has started production from Nené Marine field, offshore Congo.

Chevron Corporation today announced a significant oil discovery at the Anchor prospect in the deepwater U.

Helix Energy Solutions Group, Inc.

Specialized shipbuilder Keppel Singmarine, a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured two contracts worth a total of about US$65 million ($48.

CNOOC Limited has informed it has made a new mid-to-large sized natural gas discovery at the Lingshui 25-1 prospect, offshore China.