ConocoPhillips said its participation in the non-operated Gibson will be its last deepwater exploration well in the Gulf of Mexico, as it looks to cut its spending. The firm, which announced a plan to reduce deepwater Gulf of Mexico activity last year…
Two Namibia focused explorers have been granted permission to move into their next phases of exploration on blocks offshore Namibia by the country's authorities. Eco Atlantic has been allowed to move forward on licenses PEL 030 (Cooper Block)…
Cyprus-based Ocean Rig has stepped in to buy the sixth generation ultra-deepwater (UDW) drillship Cerrado, which once drilled the giant Libra prospect offshore Brazil, following its owner Brazil-based Schahin Group bankruptcy declaration last April…
Petrobras has exercised an option to extend the fixed term of the lease contract for the floating production, storage and offloading (FPSO) vessel the BW Pioneer from Q1 2017 to Q1 2020. The FPSO BW Pioneer started work on the Cascade…
Transocean has listed one rig as held for sale and inked three new contracts, including a new contract for its Dhirubhai Deepwater KG2 ultra deepwater drillship, currently based offshore east India. The rate for the vessel is undisclosed…
V-IR, a new technology system designed to identify the location of electrical faults on subsea installations, is undergoing a shallow water trial at Portishead Quays marina. Established through The Industry Technology Facilitator (ITF)…
Aker Solutions has opened its new subsea plant in Curitiba, Brazil. The facility will employ about 850 people and is dedicated to machining, welding, surface treatment, assembly and testing of christmas trees and other subsea equipment. It…
Transocean, has opted to delay delivery, and final payments, on two dynamically positioned ultra-deepwater (UDW) drillships currently under construction at Sembcorp Marine's subsidiary Jurong Shipyard. The proprietary Jurong Espadon…
Cairn Energy has spudded its latest appraisal well on the 'world-class' SNE or Shelf Edge discovery offshore Senegal using the Ocean Rig Athena drillship, says partner FAR Ltd. Last month, FAR said recent appraisal well drilling on the…
DeepOcean and Tullow have entered a three-year contract for vessel operations, offshore Ghana. DeepOcean’s Ghana arm will provide a light construction vessel (LCV) to Tulllow Ghana in the agreement, which comes with options for two further years…
India’s Oil & Natural Gas (ONGC) has awarded Fugro a contract for the provision of remotely operated vehicle (ROV) services on board the drillship Sagar Vijay, off the east coast of India. Under the contract, Fugro will provide support for deepwater drilling operations in depths up to 900m…
Aegion Corp. is on schedule to begin pipe coating and the application of pipe insulation material for use on the Shell Appomattox project in the deepwater Gulf of Mexico, this fall. The insulation material vendor for the project, Materia…
Antelope Oil Tool has developed the CentraMaxRT1 (rotating), PI1 (push-in) and PT1 (pull-through) Centralizer Subs, adding to the CentraMax product line. Image from Antelope. The…
Marathon Oil has agreed to sell its 10% stake in the giant Shenandoah oil discovery in the US Gulf of Mexico as part of a major sell-off of assets. The firm has already sold out most of its major assets in the Gulf of Mexico. In November last year…
UK-based explorer Cairn Energy has met with mixed results on its latest exploration well offshore Senegal. The BEL-1 well, drilled in 1031m water depth to 2767m total vertical depth, was targeting the Bellatrix exploration prospect and appraising the northern extent of the SNE field…
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