While the specific terms of Mexico’s new contractual frameworks for its oil and gas industry are yet to be announced, the regime appears an attractive one and should be conducive to active bidding, according to an analyst with research and consulting firm GlobalData…
Petroleos Mexicanos (Pemex) will develop a US$6 billion gas liquefaction facility on the Pacific coast to enhance its export opportunities to Asia. The company said that it is aiming for a 2020 start date. The goal is to take advantage…
The National Offshore Safety Advisory Committee (NOSAC), sponsored by the US Coast Guard, will meet on 18-19 November in Houston. Topics on the agenda include diving safety; OSV purpose and offshore workers; and training of personnel…
Cobalt International's Cameia #3 appraisal well drill stem test offshore Angola has proved more successful than expected, the firm announced (4 November). The results confirm the existence of a large reservoir and support Cobalt’s plan…
Pulse designed, manufactured and installed a powerful motion and strain monitoring system to verify the design of the first lazy-wave steel riser system to be installed in the Gulf of Mexico. The monitoring program at Anadarko’s Constitution…
Seadrill Partners LLC and Seadrill Ltd. entered into an agreement to sell the ultra deepwater drillship West Vela to the company’s 51% owned subsidiary Seadrill Capricorn Holdings LLC. Seadrill says the acquisition, that includes…
John MacDonald and Lee Tran of 2H Offshore discuss a methodology to help operators extend the life of steel catenary risers in order to keep pace with new subsea tiebacks projects. Intelligent PIGS can be used to assess internal corrosion…
GE’s new 20,000psi-rated BOP recently secured a contract with Maersk Drilling as part of BP’s own Project 20K program. Jerry Lee reports on the new BOP and its control system. Completed GE BOP stack. All images from GE…
ConocoPhillips is dropping out of the Coronado prospect located in Walker Ridge Block 52 in the deepwater Gulf of Mexico. The company was in a joint venture with Anadarko Petroleum Corp. as the operator with, Chevron Corp. and Venari Resources LLC…
The latest EIC Monitor report paints a mixed picture of activity across the global upstream sectors in 3Q 2014, with a large decline in upstream activity. The global oil and gas industry has followed a gentle downward trajectory of project…
InterMoor completed the decommissioning of Anadarko Petroleum Corp.’s Red Hawk spar in the Gulf of Mexico. Red Hawk spar being towed to reefing site. From InterMoor. According to InterMoor…
The “unprecedented quantity of oil” that surged from 2010’s blown Macondo well has contaminated a wide swath of the ocean floor, settling into a ring encompassing 3200sq km, according to recently-published research by the Proceedings of the…
CGG received another major commitment to its Gulf of Mexico StagSeis multi-client program with the prefunding of the entire 871-offshore-block program by an international E&P company. StagSeis is a CGG multi-client solution that combines…
Repsol encountered high quality oil at the ultra deepwater well León, in the Keathley Canyon 642 block located in the US Gulf of Mexico. Map from Repsol. At León, located 352km from the Louisiana coast…
Hess Corp. is moving forward with the US$6 billion development of the Stampede Field in the deepwater Gulf of Mexico after a final investment decision was reached. Stampede, a joint development of the earlier Knotty Head and Pony discoveries…