The US Department of the Interior today (Tuesday) announced details of a proposed oil and gas leasing program for 2017-2022. US Secretary of the Interior Sally Jewell (pictured, right, with President Obama) and Bureau of Ocean Energy…
Hess shows the carefully staged choreography of 14 cranes as they hoisted the 1000-tonne Tubular Bells main deck 100ft in the air to set it into place atop the production and cellar decks at a Houma, Louisiana fabrication facility. The Tubular…
Italian explorer Eni sanctioned the Offshore Cape Three Point (OCTP) deepwater development project that will provide domestic gas supply to Ghana’s thermal power plants for more than 15 years. Image from Eni…
New York-headquartered Hess says it is cutting its 2015 capital and exploration budget by 16%, compared to 2014, to US$4.7 billion. While the firm said most of the cash (45%/$2.1 billion) would be spent on its unconventional shale resources…
Technip won two contracts for flexible pipe supply and installation at the Amethyst field, in Mississippi Canyon 26, in the US Gulf of Mexico. The Deep Blue. From Technip. Both contracts are for operator Stone Energy…
The US Gulf of Mexico deepwater Madison well has been plugged and abandoned after failing to find commercial hydrocarbons. Operator Noble Energy drilled the well to a total depth of 16,850ft, in 7149ft water depth, on Mississippi Canyon 479…
Companies in the deepwater drilling market have lost more than half of their value over the last year; Transocean, Seadrill, ENSCO and Diamond Offshore are currently priced 56% lower on average compared to January 2014 in line with the decrease in oil prices…
The N'Goma FPSO is now on hire to Eni after achieving a 72-hour continuous production test in early December and receiving a Production Readiness Notice (PRN). The N’Goma FPSO is operating on the West Hub, on Block 15/06 offshore Angola…
Singapore’s Jurong Shipyard awarded Ezra Holding subsidiary London Marine Consultants (LMC), a contract to supply an external turret mooring system for the Libra field’s extended well test (EWT) FPSO vessel. The Libra oil field is a large…
Italian giant Eni signed two concession agreements to explore two blocks in the Mediterranean Sea offshore Egypt as part of the 2013 Egyptian General Petroleum Corp. (EGAS) bid round. Image from Eni. Blocks…
Huawei Marine, a global submarine network provider, today announced the successful completion of sea trials for its second-generation Repeater, RPT 1660 R2, and Branching Unit, BU 1650 R2. Both second-generation products were recently…
Hess awarded Enbridge a contract to build, own, and operate a lateral pipeline estimated at US$130 million, to connect the Stampede development to an existing third-party pipeline system in the Gulf of Mexico. Gulf of Mexico platform…
Magma Global and Maritime Developments (MDL) entered into a partnership to develop a well intervention solution for the offshore oil and gas market. Image from MDL. This partnership…
Houston-based deepwater focused oilfield services firm Deep Down, Inc. has won a large order for flying leads and ancillary equipment directly from one of the supermajor operators. The flying leads will be delivered and deployed in the Gulf of Mexico by Q1 of 2016…
EMAS AMC's subsea division EMAS has secured a subsea construction contract for its newbuild flagship vessel with Apache Energy in Australia valued worth more than AUZ$130 million (approximately US$105 million). The work scope includes project management…