Schlumberger has completed the acquisition of about 2750sq km of two new full-azimuth multiclient seismic surveys over the Garden Banks and Green Canyon areas in the Gulf of Mexico. Both shoots are the initial phase of the Revolution X and Revolution XI surveys and will provide full-azimuth…
BP finally has filed – and won approval for – its long-awaited revised Mad Dog 2 development plan, records at the US Bureau of Ocean Energy Management show. The new plan calls for a 140,000 b/d semisubmersible floating production platform in 4440ft of water in Green Canyon block 780…
The US' National Oceanic and Atmospheric Administration is planning increased 2015 Arctic nautical charting operations, updating charts based on surveys conducted a hundred years ago. The so-called Arctic marine corridor project will…
A total of 42 offshore companies showed up to the Central Gulf of Mexico (GoM) Lease Sale 235 that drew in more than US$538 million in high bids for exploration and development in the area. Gulf of Mexico map…
Chevron’s Big Foot platform is on its way to the Walker Ridge area, offshore deepwater Gulf of Mexico. Big Foot. From Chevron. Walker Ridge is located approximately 360km south of New Orleans…
Schlumberger launched TeleScope ICE ultrahigh-temperature measurements-while-drilling service and PowerDrive ICE ultrahigh-temperature rotary steerable system (RSS). The ultraHT-rated electronics in the…
Saudi Aramco awarded KBR, Inc. (NYSE: KBR) a six-year project management contract to provide project management services for Saudi Aramco’s offshore program. Under the terms of the contract, KBR will provide project management and engineering…
The Gulf of Mexico (GoM) lease sale 235 that will offer 41.2 million acres for exploration and development in the central planning area offshore Louisiana, Mississippi and Alabama begins tomorrow (18 March 2015). Secretary Jewell will…
National Ocean Industries Association (NOIA) President Randall Luthi issued the following statement in advance of tomorrow’s Gulf of Mexico offshore oil and gas lease sale: 'This sale will be interesting due to low oil prices, which just dropped further this week…
It’s been five years since BP’s Deepwater Horizon spill and in a new report, the company says that the GoM is returning to its baseline condition. Image of Deepwater Horizon. From USCG. According…
New analysis by Wood Mackenzie looks at Mexico's Round One shallow water opportunities, a licensing round that includes nine shallow-water fields with a total of 356 MMboe of 2P reserves. These fields, which have not yet been put into production…
While most oil and gas operators and service companies are reducing expenses to keep costs down, some companies are beginning to falter due to financial distress. This month alone, two Houston-based companies, BPZ Energy (which trades under the name BPZ Resources) and Cal Dive International…
SURF contractor Ceona has secured a Letter of Intent (LOI) for the company’s newbuild flagship field development vessel, the Ceona Amazon in the US Gulf of Mexico. The contract will be the Ceona Amazon's first as well as Ceona’s first…
Scotland’s Paradigm Drilling Services is establishing its presence in Mexico by investing an initial US$5 million into the country and creating a Mexican subsidiary, Paradigm Drilling Services Mexico. Innes…
Shell took delivery of an offshore supply vessel for its deepwater operations in the Gulf of Mexico (GoM), from Harvey Gulf International Marine. The Harvey Energy is 302 ft. and operates on three dual-fuel Wärtsilä engines. It will…