Mexican President Enrique Peña Nieto officially named Gustavo Hernández García (pictured) director general of Pemex Exploration and Production (PEP) effective 1 June, the Mexican national announced 4 June. García has served as the interim director general since February…
Industry Minister Ian Macfarlane announced the award of nine new permits located in Commonwealth waters offshore Western Australia, Victoria, and the Territory of Ashmore and Cartier Islands as part of round one of the Australian government’s 2013 Offshore Petroleum Exploration Acreage Release…
Vard Holdings Limited has secured a contract for the design and construction of one offshore construction and anchor handling vessel (OCV) for Rem Offshore. The contract value is approximately NOK800 million (US$1.3 million). The vessel will be the VARD 2 06 design (pictured)…
Repsol restarted drilling on the deepwater Welwitschia-1A well in Walvis Bay, offshore Namibia, on 4 June, according to partner Tower Resources. Repsol is operator of Namibia PEL0010, containing Welwitschia. Drilling on the first Welwitschia well…
Premier Oil has announced a gas discovery on the Singa Laut-1 well in Tuna production sharing contract (Premier Oil operator, 65%) offshore Indonesia. The well penetrated 177ft of net gas-bearing reservoir quality sands within the targeted Oligocene sequence…
Dong Energy has installed the jacket for the Hejre platform in the Danish sector of the North Sea, 292km north west of Esbjerg, using Heerema Marine Contractor's Hermod heavy lift vessel (pictured). The 8400-tonne jacket arrived at its location…
Statoil has outlined investment it is making to extend the life of its Gullfaks field out to 2040, including installing new loading buoys on the field. Statoil says 2.55 billion bo from the Gullfaks field have passed through the existing loading buoys since first oil in 1986…
The Scottish referendum is impacting the plans and investment proposals of 45% of oil and gas firms surveyed for a new report, it has been announced. The number is up from 38%, according to the same survey last spring. The findings…
UK-based oilfield services company Expro has successfully deployed its new design ExACT (Expro annulus-operated circulating and test tool) in its first live offshore well. The operation, a tubing conveyed perforating 'shoot and pull'…
Salamander Energy has signed a non-binding heads of agreement with SONA to sell an effective 40% working interest in both the B8/38 concession (containing the Bualuang field) in the Gulf of Thailand and the surrounding G4/50 concession…
Limited vessel and rig availability have meant delays on two Alpha Petroleum Resources' UK projects, the Blythe development and appraisal on the Skipper field. The firm is planning to submit a field development plan for the southern North Sea Blythe gas field project Q4…
Statoil terminated its contract with Diamond Offshore Drilling's mid-water semisubmersible the Ocean Vanguard eight months ahead of schedule, the Houston-based shipowner announced on 4 June 2014. Statoil's Communication Manager Ørjan…
Petróleos Mexicanos' (Pemex) Board of Directors unanimously voted to sell its 7.86% stake of Spanish oil company Repsol, the state-owned firm announced 4 June. Pemex expects to net US$900 million as a result of its decision, selling the shares for $27…
Ophir Energy announced that partner and operator BG Group made a new gas discovery in Block 1, located in the Mafia Deep basin off Tanzania. The Taachui-1 well’s net pay amounted to 155m, with estimates for the mean recoverable resource placed at 1Tcf…
Oil and gas exploration efforts around the Falkland Islands are set to ramp up next year after rig contracts were agreed. Ocean Rig's deepwater, harsh environment semisubmersible drilling rig Eirik Raude (pictured) has been signed up…