Halliburton’s 2Q 2015 results have the company in the red, with a 16% drop in its total revenue, compared to 1Q 2015, that the company says is due to the industry’s recent downturn. Image from Halliburton…
The International Association of Drilling Contractors (IADC), along with seven other oil and gas industry trade associations, submitted a joint letter today to the Bureau of Safety and Environmental Enforcement (BSEE) with comments on the…
Houston-based ConocoPhillips terminated its order for the recently delivered Ensco DS-9 deepwater drillship in concurrence to its plans to reduce future capital expenditures in deepwater exploration. The Ensco DS-9…
Image: Hummer drilling operations/Petsec Energy Castex Offshore Inc. commenced drilling the Main Pass Block 270 #3 well. The exploratory well is being drilled in federal offshore waters on Petsec’s Hummer prospect…
As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper announced that the bureau will offer approximately 21…
Mexico's Comisión Nacional de Hidrocarburos (CNH) authorized permits for Electromagnetic Geoservices (EMGS) to acquire about 88,000sq km of 3D electromagnetic (EM) multi-client data over a five-year period off Southern Mexico. SENER’s…
Enterprise Products Partners LP executed definitive agreements to sell its offshore Gulf of Mexico pipelines and services business to Genesis Energy, LP for approximately US$1.5 billion in cash. Image from Enterprise…
The Talos Energy, Sierra Oil & Gas, and Premier Oil joint venture was the only winner at Mexico’s historic Round One, in which the consortia was awarded two blocks. Map of Blocks 2 and 7. From Premier…
ARKeX announced it has been awarded the first geological and geophysical oil and gas exploration permit by the Bureau of Ocean Management (BOEM). The ARKeX survey will acquire an airborne broadband gravity and magnetic survey over Outer…
Aker Solutions has won a maintenance, modifications and operations (MMO) contract from ExxonMobil for engineering, procurement, construction and maintenance services at the Hebron oilfield offshore Canada. The Hebron oil field is located offshore Newfoundland and Labrador…
SBM Offshore has divested a 45% stake in the FPSO Turritella to Mitsubishi Corp. (MC) and Nippon Yusen Kabushiki Kaisha (NYK Line). MC purchased 30% stake and NYK Line purchased 15% stake in the joint venture companies incorporated for the purpose of owning and operating the vessel…
Mexico’s National Hydrocarbons Commission (CNH) opened the first public tender process early this morning (15 July) in the country's historic and disappointing Round One that offered Mexico's upstream opportunities to international companies for the first time in decades…
The Center for Offshore Safety (COS) announced that Schlumberger is the first service/supply contractor to achieve the voluntary COS member certification of its safety and environmental management systems (SEMS). SEMS, which focuses on establishing…
Houston-headquartered ProSep, an oil, gas and water treatment specialist, has been awarded a contract with PEMEX to supply its ProBlend mixer technology. The six-month project – awarded through ProSep’s in-country agent AGA Process – will…
Mexico’s national oil company Petróleos Mexicanos (PEMEX) is joining a list of international oil and gas companies by opting out of Mexico’s historic Round One. Image from PEMEX. At an event in Mexico City…
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