CNOOC Ltd. began production at its Wenchang 13-6 oilfield, offshore the Western South China Sea. The Wenchang 13-6 oilfield, located in the west of Pearl River Mouth basin has an average water depth of approximately 120m. The main…
The Cidade de Mangaratiba FPSO has begun its journey from the BrasFels shipyard in Angra dos Reis to the Iracema South area of Petrobras’ Lula field, offshore Rio de Janeiro. The FPSO will be connected to wells in the pre-salt layer of the Santos basin…
Mexico's Pemex has started a corporate restructure to become a more 'flexible and efficient,' it announced today. The announcement comes after Mexican president Enrique Pena Nieto approved the country's historic energy reform earlier this month…
Saudi Aramco Energy Ventures is investing US$30 million in Siluria Technologies, a pioneer commercial production of fuels and chemicals made from clean and abundant natural gas. Siluria announced the initial close of its Series D financing round with this news on 20 August…
Eni announced the start of production from the Denise-Karawan project (DEKA) with partner BP, through the new subsea well Denise South 6 at a gas rate of 1.8 MMcm/d and approximately 800bbl/d of associated condensates. The Denise South…
Statoil shut down production on the Troll C platform in the Norwegian sector of the North Sea on 17 August after an inspection program on the platform detected corrosion damage to a pipe connected to the oil export system. Troll C…
The Bureau of Ocean Energy Management (BOEM) opened the Gulf of Mexico Western Planning Area Lease Sale 238 in New Orleans on 20 August 2014, offering 21.6 million acres for oil and gas exploration and development offshore Texas. The sale attracted more than US$109…
Salamander Energy received the first oil in the tanks of the Suksan Salamander floating storage and offtake vessel (FSO) at the Bualuang field in the Gulf of Thailand. Greater Bualuang work. Image: Salamander…
Houston-based Apache encountered oil pay at the Phoenix South-1 well, in Canning basin, off the North West Shelf of Australia. Apache says that preliminary estimates show that there might be as much as 300MMbbl in place. The Phoenix…
Staatsolie, Suriname’s state-oil company, is offering three deepwater blocks through a competitive bid round. The blocks for bid include offshore blocks 58, 59 and 60, which lie east of Suriname in the Suriname-Guyana basin. The Suriname…
Mexico’s Ministry of Energy (SENER) granted Petróleos Mexicanos (Pemex) almost all of the acreage detailed in its Round Zero wish list, including rights to all requested domestic proven and probable reserves (2P). The government fast…
The American Petroleum Institute (API) released comments urging the Bureau of Ocean Energy Management (BOEM) to consider all Outer Continental Shelf areas for inclusion in the government’s offshore oil and natural gas leasing program for 2017 – 2022…
Heerema Marine Contractors chose 2H Offshore to engineer hybrid risers for Total’s Kaombo Block 32 project offshore Luanda, Angola in 1400-1900m water depth. 2H Offshore's scope of work includes performing part of the detailed engineering…
Mexico’s oil and gas industry entered a new era on Monday when President Enrique Pena Nieto signed the long-awaited secondary legislation of the country’s recent energy reform into law, opening the country to private investment. The signing…
US oil and gas company Apache says it will exit both Chevron-operated LNG projects, Kitimat and Wheatstone, in which the company holds equity interests in order to focus on its more lucrative onshore business. Apache’s Chairman and CEO G…