African Petroleum signed nonbinding heads of terms and a binding exclusivity agreement with a “well-funded, listed oil and gas company with a strong track record in offshore deepwater drilling,” for a drilling campaign offshore Senegal and The Gambia…
Mechanical services group EnerMech has strengthened its market position in the Caspian region by securing contracts with major operators valued at more than US$49.8 million (£40 million). The contracts involve a number of EnerMech service lines including cranes and lifting…
Aberdeen’s Interventek Subsea Engineering is launching a new Open Water Well Control Valve designed for light well intervention (LWI) and workover operations, including large bore, deepwater and HPHT applications. Image…
Melissa Sustaita provides an overview of activities slated for this year’s Offshore Technology Conference. An overview of OTC 2016’s exhibition hall. Photo from Offshore Technology Conference (OTC)…
Intecsea’s Kirsten Oliver discusses a new flexible riser inspection tool created in partnership with UK-based Innospection. Figure 1: A typical flexible riser composition. Images from Intecsea…
The US Gulf of Mexico is leading the way to a leaner and more cost-competitive deepwater industry as it emerges from the downturn, with the most attractive projects now competing with US tight oil plays, according to Wood Mackenzie (WoodMac)…
Oil major Shell has awarded TechnipFMC a contract for the subsea production system on its Kaikias deepwater project in the US Gulf of Mexico. Technip will manufacture, install and integrate the subsea production system and subsea umbilicals…
The eelReel Tool is an extended reach solution to clean plugged flowlines and pipelines. With an established track record of resolving a multitude of blockages comprised of hydrates, scale, paraffin, and asphaltenes, the eelReel Tool is a…
Eni’s Jangkrik floating production unit (FPU) is ready to set sail to the deepwater Kutei Basin offshore Indonesia, with first gas forecasted for June. Image of the Jangkrik ceremony, from Eni Twitter…
Anadarko has hit wet Wilcox sands at its Shenandoah prospect in the Gulf of Mexico, according to partner Cobalt International. Ocean Blackhawk. Image from Diamond Offshore. The…
Cobalt International has encountered oil at its North Platte #4 appraisal well in the deepwater Gulf of Mexico, with plans to drill a second sidetrack, as the company ups its estimates of recoverable hydrocarbon resources at the prospect…
Mexico’s National Hydrocarbons Commission (CNH) finalized seven deepwater Gulf of Mexico contracts, as part of the country’s Round 1.4 held last year. Image of Mexico’s Energy Secretary Pedro Joaquín Coldwell…
Wood Group has won two separate contracts related to BP’s Mad Dog 2 project to provide engineering services to the deepwater project in the Gulf of Mexico. Mad Dog 2 illustration, from BP. Samsung…
US giant ExxonMobil and Italy’s Eni signed a US$2.8 billion cash deal that will see ExxonMobil acquire 25% indirect interest in the natural gas-rich Area 4 block, offshore Mozambique. Map of Area 4…
PTT Exploration and Production (PTTEP) has entered a partnership agreement with Total E&P Myanmar to divest 50% participating interest in the Myanmar MD-7 project, offshore Myanmar. Operator PTTEP will collaborate with Total in the exploration and development activities in the block…
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