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OE Daily: 2017 / September

Friday, 29 September 2017 09:56

Mexico reveals Round 3

Mexico’s National Hydrocarbons Commission (CNH) has issued a call for bids for the country’s Round 3, consisting of 35 shallow water areas in the Gulf…
Thursday, 28 September 2017 10:29

Updated: DONG, Ineos complete divestment deal

DONG Energy completed the divestment of its upstream oil and gas business, DONG E&P to Ineos, creating Ineos DeNoS. Image from Ineos. Ineos DeNoS will…
A healthy geophysical industry will be needed to enable exploration and production (E&P) companies to find not only unconventional hydrocarbons, but deepwater and conventional oil…
Wednesday, 27 September 2017 11:31

Brazil sees success in 14th round

Brazil experienced a “historic day in the oil and gas sector” with its 14th Round, as the joint venture of Petrobras and ExxonMobil signed the…
Wednesday, 27 September 2017 09:22

Total takeover causes Maersk shake up

French major Total has appointed Maersk Oil leaders to their new management positions, following current Maersk Oil CEO Gretchen Watkins’s decision to leave the company.…
Wednesday, 27 September 2017 03:11

LLOG sets out multiple GoM developments

Deepwater Gulf of Mexico focused LLOG Exploration has set out plans for developing six projects, following successful exploration work in 2016-17, with nine deepwater wells…
Wednesday, 27 September 2017 03:00

Ruby well unlocks new Dutch, German play

Hansa Hydrocarbon's N05-1 exploration well offshore the Netherlands on the GEms licences has made a significant has discovery. Map of Geldsackplate. From Hansa. The Ruby discovery…
Tuesday, 26 September 2017 10:31

Eni boosts Mexico Area 1 reserves

Italian major Eni is pushing forward with its exploration efforts offshore Mexico after drilling its latest successful well and signing three new licenses won during…
Tuesday, 26 September 2017 10:22

Aasta Hansteen topsides due to sail for Norway

Statoil's Aasta Hansteen spar platform topside has been loaded on to a heavy transport vessel and is set to sail for Norway in coming days.…
Monday, 25 September 2017 23:28

Mexico signs contracts from Round 2.1

Mexico has signed 10 exploration and extraction contracts with bid round winners from this June's shallow water Round 2.1. Companies signing contracts on Monday (25…
Monday, 25 September 2017 08:54

Malfunction stops production at Tamar

Production at Noble Energy’s Tamar platform offshore Israel has come to a stop after a crack was found in an emission pipe used to release…
A drilling moratorium, which has prevented drilling on the TEN fields (Tweneboa, Enyenra and Ntomme) offshore Ghana, has been lifted after a tribunal decided the…
Monday, 25 September 2017 02:16

Hurricane's Lancaster EPS approved

Hurricane Energy has been given approval to move forward with its West of Shetland fractured basement Lancaster field early production system (EPS). The Lancaster EPS…
Transocean is taking a US$1.4 billion impairment in Q3 2017 following the drilling contractor’s decision to scrap five ultra deepwater floaters, and one deepwater rig.…
Friday, 22 September 2017 03:15

Total joins Chevron in GoM exploration

French oil major Total says it has agreed to capture seven prospects, over 16 Chevron-operated blocks in deepwater Gulf of Mexico (GoM), in a move…
Thursday, 21 September 2017 11:19

Providence forging ahead with Barryroe

Providence Resources will proceed with drilling plans for its Barryroe appraisal project offshore Ireland, despite failing to consummate a farm-in agreement with Total. Providence's Ireland…
Thursday, 21 September 2017 09:43

Hyperdynamics going solo at Fatala prospect

Hyperdynamics will seek a two-year appraisal period to test the Fatala prospect area for commercial resources, but will go solo after partner South Atlantic Petroleum…
Thursday, 21 September 2017 03:47

Shah Deniz 2 topsides installed

The BP-led Shah Deniz consortium is on track for first gas for stage 2 of the giant project next year, following the installation of the…
Wednesday, 20 September 2017 15:36

Discoverer Clear Leader axed by Chevron

Chevron has opted to terminate the drilling contract for Transocean's ultra-deepwater drillship (UDW) Discoverer Clear Leader, effective November 2017, prior to its expiration in October…
Wednesday, 20 September 2017 03:08

Uruguay launches third offshore licensing round

Uruguay's Ministry of Industry, Energy and Mining (MIEM) and national oil firm ANCAP have launched the Uruguay Round 3, an offshore licensing round. Image from…
Tuesday, 19 September 2017 17:16

Power restored at Thunder Horse

Power has been restored to BP’s Thunder Horse production platform in the US Gulf of Mexico. Thunder Horse. Image from BP. The company has started…
Tuesday, 19 September 2017 04:13

Pemex in Nobilis-Maximino deepwater farmout

Mexico's Petróleos Mexicanos (Pemex) is seeking a partner for its Nobilis-Maximino deepwater area in the Gulf of Mexico, following the company's strategy to take advantage…
Monday, 18 September 2017 14:10

Hyperdynamics still hopeful off Guinea

Hyperdynamics is looking at options after finding signs of encouragement at its recently failed Fatala prospect, offshore the Republic of Guinea in Northwest Africa. Map of…
Monday, 18 September 2017 09:54

Video: Statoil Cat J's head for Norway

Statoil is awaiting the arrival of two of its Cat J jackup rigs in the Norwegian North Sea, one destined for the Gullfaks field and…
Monday, 18 September 2017 03:48

OMV finds oil in latest Wisting probe

Australian operator OMV has found additional oil on its Barents Sea Wisting field through its latest appraisal well 7324/8-3, according to the Norwegian Petroleum Directorate…
Monday, 18 September 2017 03:31

Inpex enters Norway with Barents Sea stake

Japan's Inpex has made its first move into Norway by agreeing to acquire a 40% stake in PL767 in the western Barents Sea from Bayerngas…
Friday, 15 September 2017 10:42

Karoon still set on Brazil deals

Karoon Gas says it still intends to move forward with the proposed divestment deal with Petrobras for the Bauna and Tartaruga assets, and the development…
Friday, 15 September 2017 07:43

Mexico approves Wood Group, Amec merger

Wood Group’s proposed US$2.72 billion deal to takeover Amec Foster Wheeler is closer to completion following approval from the Mexican antitrust commission today (15 September).…
Thursday, 14 September 2017 10:16

Ophir still reaching for Fortuna FID

Ophir Energy is holding out hope that the Fortuna FLNG project offshore Equatorial Guinea will reach final investment decision (FID) by the end of the…
Thursday, 14 September 2017 03:35

BP's "Contract of the Century" extended to 2049

In 1994, when BP and SOCAR signed a deal for the development of the Azeri, Chirag and Gunashli oil fields in the deepwaters of the…
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