The group will conduct monitoring studies on potential Arctic nearshore impacts in Beaufort Sea development area.Olgoonik/Fairweather LLC, in conjunction with a team of scientists from the University of Alaska Fairbanks, the University of Texas at Austin…
Fieldwood Energy LLC acquired SandRidge Energy, Inc.’s Gulf of Mexico and Gulf Coast business unit for US$750 million, with an effective date of Dec. 1, 2013, and subject to customary purchase price adjustments. As part of the transaction…
Baker Hughes Inc. rotary rig count shows 61 rigs active offshore US for the last two weeks, up 10 rigs from a year ago (19.6% year-over-year increase). This includes 55 rigs working off Louisiana (up from 47 a year ago), 2 rigs off Texas (up from 1 rig)…
Colloquy: Editor’s Column As we start a new year at OE, we offer projections from companies about projects and markets. This issue features a Global Market Forecast, with analysts from Infield Systems, DouglasWestwood, and Petroleum Geo-Services weighing in about exploration…
New year, new focus. OE asked, “What are the main technology trends for your sector this year?” In 2014, we expect to see an emphasis on automation and control systems to enhance rig efficiency and safety. Multi…
Mexico’s Federal Congress has certified that 24 of the country’s 31 state legislatures have approved energy reforms that allow private companies to explore for and produce oil and gas. All state legislatures are unicameral, and in some, the decision was unanimous…
The US Department of the Interior (DOI) announced that the US-Mexico Transboundary Hydrocarbons Agreement has been enacted. The agreement establishes a framework for US oil and gas companies and Mexico’s Petroleos Mexicanos (PEMEX) to jointly…
The US Bureau of Safety and Environmental Enforcement (BSEE) announced that it is soliciting proposals for oil spill response research projects and will be investing up to US$7 million to support these projects in 2014. In a Broad Agency…
Siemens announced today that it has signed a contract to provide wind turbines and services for the pioneering Cape Wind project, the first commercial offshore wind farm in the USA. Siemens and Cape Wind have signed a major contract for…
Wood Group Mustang Canada has been awarded the detailed engineering and design of an integrated topsides facility as part of the White Rose Extension Project (WREP), offshore Newfoundland & Labrador, Canada. Subject to partner, company and regulatory approvals…
BP, with partner ConocoPhillips, has struck oil at the Gila prospect in deepwater US Gulf of Mexico. BP said the move was a sign of its returning momentum in the region. The high pressure Gila discovery was made by an exploration well on Keathley Canyon Block 93…
The Kongsberg Maritime Ltd. Camera group Systems & Projects Team has delivered the first set of cabled IP Digital Still Camera Stations (CAMDS) to the University of Washington. The delivery is for the regional cabled observatory component…
Encana Corp. today announced the Production Acceptance Notice (PAN) at the company's Deep Panuke offshore Nova Scotia project, issued after successful completion of a performance test of the platform. The Deep Panuke project is designed to produce up to 300 MMcf/d of natural gas from four wells…
Baker Hughes North America rotary rig count, released 13 Dec 2013, shows 59 drilling rigs operating offshore US, down 2 from 61 a week ago, but up 10 from a year ago. This includes 53 rigs working offshore Lousiana and 2 rigs each off California…
Mexico’s Senate approved a new energy reform bill on Wednesday that will open the country’s oil and gas industry to private and foreign investment through production sharing agreements and licensing. President Enrique Pena Nieto’s ruling…