US operator ConocoPhillips has agreed to acquire a 35% stake in three contiguous blocks offshore Senegal, West Africa, through two deals announced today. ConocoPhillips is to acquire a 25% interest in the three blocks from Scotland-based…
Wood Group Kenny (WGK) is to support BP's offshore Angola operations under a new engineering services contract worth US$18 million. The contract, lasting 12 months, covers two subsea operations support scopes: one is for work associated with the Block 18 Greater Plutonio operations group…
Houston-based Cobalt International Energy has said it expects the results of two deepwater exploration wells offshore Angola during the second half of this year. It is drilling the Mavinga #1 pre-salt exploratory well with Diamond Offshore's Ocean…
Pemex Exploration and Production has recently drilled three successful wells testing the deepwater Perdido Fold Belt, but questions remain about the NOC’s timing to develop the offshore discoveries. Mexico’s earliest deepwater exploration was in 2003…
The offshore oil and gas industry has changed tremendously over the last several years. Moving into deeper waters has created challenges in operations that would be considered commonplace in shallow water projects. Deeper water has not only made tasks more complicated…
BG Group has made another gas discovery on its latest exploration well offshore Tanzania, adding to the potential for LNG development in the country. The Mkizi-1 well in Block 1, was drilled by the Deepsea Metro I drillship in 1301m deep water…
ExxonMobil chose Oceaneering International Inc. to supply production control umbilicals for its US$4 billion Julia development in the Gulf of Mexico. The order is for a 14mi.-long (22.5 km), electro-hydraulic, steel-tube umbilical. The umbilical will supply hydraulic control fluids…
Subsea 7 will build and operate three, flex-ible, pipe-lay support vessels (PLSV) for Petrobras under three five-year contracts worth about US$1.6 billion. The contracts include project management, engineering and installation of flowlines…
Transocean Ltd. announced that the ultra-deepwater drillship Dhirubhai Deepwater KG1 set a new world record for the deepest water depth by an offshore drilling rig. The drillship spudded a well in 10,411ft (3,174m) water depth, while drilling off India’s east coast for ONGC…
Shell made a 100millionbbl, deepwater oil discovery in the Gulf of Mexico, adding to the potential of its Appomattox find. The Vicksburg A discovery is nearby Appomattox, which contains about 500million bbl of potentially recoverable resources…
ThoughtStream: Opinion Mexico is among the ten largest oil producers in the world. This country has made important structural changes to improve economic performance and strengthen its resilience to external shocks. It is a strong partner to the United States and to Canada…
Colloquy: Editor’s Column American oceanographer Dr. Sylvia A. Earle recently received the Hubbard Medal, the National Geographic Society’s highest honor, recognizing “leadership in exploration, science, environmental stewardship and education…
Newly formed subsea business OneSubsea has picked up a major contract with Chevron on its deepwater west of Shetland Rosebank development. OneSubsea, a joint venture between Schlumberger and Cameron, is to provide the subsea equipment on the 240MM boe recoverable Rosebank development…
Shell, and its partners, are expecting to boost production with two new deepwater projects at Parque das Conchas (BC-10) and the Bijupirá/Salema fields. 'Offshore Brazil is a key part of our plans to grow our deepwater portfolio – a key component of our global strategy…
Modiin Energy LP has updated resource estimates for the Yam Hadera field off Israel. The best estimate of gross recoverable, prospective resources at Yam Hadera is 208MMbo (revised upwards from 133 MMbo) and 3.4 Tcf of natural gas (revised upwards from 1…
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