Black Elk Energy Offshore Operations announced they have entered into a purchase and sale agreement with Renaissance Offshore, a privately held Houston based oil and gas company. Under the agreement, Renaissance will acquire interests in nine fields in the Gulf of Mexico…
Bureau of Ocean Energy Management (BOEM) Acting Director Walter Cruickshank today announced that the bureau will offer more than 21 million acres offshore Texas for oil and gas exploration and development in a lease sale that will include…
Anadarko provides this video on the successful installment of the 10,000-ton topsides on the Lucius truss spar, located nearly 275 mi. southeast of Galveston, Texas in approximately 5,300ft water depth in the Gulf of Mexico. The components used were built in Orange…
Shell confirmed a third discovery at the Norphlet play in the deepwater Gulf of Mexico, the supermajor announced on 15 July 2015. The explorer hit more than 400ft (122m) of net oil pay at its Rydberg well, located 75mi (120km) off the Gulf Coast in Mississippi Canyon Block 525…
Denmark's MacArtney Underwater Technology Group announced a representative agreement with the Mexican ROV and subsea service company, Meyah Ich Ha, which is set to administer the promotion and sales of MacArtney systems and products within the Mexican part of the GOM region…
Petroleum Geo-Services (PGS) has warned that its Q2 results will be weaker than current market expectations due to less predictable seismic purchases. PGS said: 'Customers' intentions with regard to seismic purchases, particularly MultiClient…
LLOG Exploration Co., L.L.C. announced today it has named Philip S. LeJeune as its Chief Financial Officer to replace John Newman who retired after serving as LLOG’s CFO for the last eleven years. LeJeune brings nearly twenty years of experience to his new position…
Inpex subsidiary Teikoku Oil (North America) has acquired an additional stake in the deepwater Lucius field, located in the US Gulf of Mexico, the company announced on 9 July 2014. The Japanese explorer entered the Lucius partnership in 2012 after acquiring 7…
Ulstein provides this video on the development of Island Offshore's latest vessel the Island Performer. The newbuild is a flexible, riserless light weight intervention (RLWI), and inspection, maintanence and repair (IMR) vessel built by the Ulstein Verft shipyard…
The Ulstein Verft shipyard announced that the newly built Island Performer was delivered today to ship owner, Island Offshore. The flexible, state-of-the-art RLWI/IMR vessel will serve its first five years for FTO in the Gulf of Mexico. “The…
Mexican national Pemex will pump an additional US$6 billion into its beleaguered Cantarell oilfield to maintain its current production levels, Reuters has reported. The heavy oilfield, located about 80km off Ciudad del Carmen in the Bay of Campeche…
PEMEX's Cantarell Administrator, Miguel Ángel Lozada Aguilar, said yesterday that the company will invest $6 billion in 2017 in order to maintain current production levels at the Cantarell field over the next decade, according to Reuters…
Laffayete, Louisiana-based Stone Energy agreed to sell its non-core Gulf of Mexico conventional shelf properties to Talos Energy Offshore for US$200 million in cash and $117 million in future undiscounted liabilities, the company announced on 30 June 2014…
Byron Energy Ltd. announced that the Byron Energy SM 6 #1 BP01 well reached a measured depth of 2338m and a true vertical depth of 2321m as of 23 June. Current operations are circulating in preparation to trip out of the hole to change the drill bit…
BSEE Director Brian Salerno discusses the importance of SEMS at OTC 2014. Photo by Barchfeld Photography. The 45th annual Offshore Technology Conference in Houston brought together US regulators…