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…
Chevron Corp. announced its new US$39.8 billion capital and exploratory investment program for 2014. Approximately 90% of the 2014 spending program is budgeted for upstream crude oil and natural gas exploration and production projects…
Rolls-Royce is to supply Abu Dhabi Marine Operating Company (ADMA-OPCO) with power generation equipment and services to help boost oil and gas processing at the Satah Al- Razboot (SARB) offshore project in the United Arab Emirates (UAE). The contract was awarded by Korean engineering…
Trinity Exploration & Production spud the El Dorado exploration prospect today. The well is located off the west coast of Trinidad in the PGB license in 60 ft of water, about 2km from Trinity-operated production infrastructure. Trinity…
Saudi Aramco opened a research center in Cambridge (Boston), Massachusetts yesterday, the first of three new US research facilities the global energy giant will set up by the end of next year. The new center is adjacent to the Massachusetts…
Stephen M. Johnson will retire as McDermott International Inc.’s chairman of the board, president and chief executive officer— and as a director of McDermott this month. David Dickson will succeed Johnson as president and CEO. Dickson has…
Plans for arctic exploration and development continue apace—but will there be resources available? Elaine Maslin reports. The size of the arctic offshore challenge is significant, both in scale and complexity, with relatively little activity carried out to date…