Total has agreed an option agreement with Eco (Atlantic) Oil & Gas to acquire a 25% stake in the Orinduik Block, offshore Guyana, South America. Eco subsidiary Eco Guyana currently holds a 40% working interest in Orinduik, with Tullow Oil…
ConocoPhillips is expected to enter into a frame agreement with Norway's AF Gruppen for the future removal and disposal of up to seven platforms in the Southern North Sea. The frame agreement includes engineering, preparation, removal…
Mexico has signed 10 exploration and extraction contracts with bid round winners from this June's shallow water Round 2.1. Companies signing contracts on Monday (25 September) included Mexico's state owned firm Pemex and its partners Germany's DEA and Colombian operator Ecopetrol…
New exploration in the North Sea will be supported by a US$6.7 million (£5 million) UK government fund for 2018/19, Philip Hammond announced today (25 September) during a visit to Aberdeen and Dundee. The funding will be used by the Oil and…
Chevron’s Erskine field is back up and running offshore the UK, following maintenance work at Shell’s Lomond, according to partner Serica Energy. Erskine field restarted at the end of last week and the field has produced continuously over the weekend…
Mermaid Maritime’s joint venture company formed between Mermaid and a local offshore services operator has secured a contract extension for offshore inspection, repair and maintenance services with a national upstream oil and gas company following its initial five-year contract period…
Production at Noble Energy’s Tamar platform offshore Israel has come to a stop after a crack was found in an emission pipe used to release natural gas and pressure, according to partner Delek Drilling. The Tamar platform…
CGG announced the start of acquisition of its first Complementary Wide-Azimuth (CWAz) survey, known as AC CWAz, a BroadSeis 3D multi-client program in southern Alaminos Canyon, in the Gulf of Mexico. CWAz 3D survey map of 130 blocks…
Plexus Holdings was awarded a contract with Centrica North Sea to supply its POS-GRIP 'HG' 10,000psi adjustable production wellhead for a gas production well in the UK Southern North Sea. Plexus has previously supplied Centrica with its…
Royal Boskalis Westminster subsidiary VBMS has signed a preferred supplier and early works agreement for the supply and installation of the export and inter-array cables for the Triton Knoll offshore wind farm (OWF), UK. The project will be executed in consortium with NKT Cables…
Hurricane Energy has been given approval to move forward with its West of Shetland fractured basement Lancaster field early production system (EPS). The Lancaster EPS is a two-well tieback to a floating production, storage and loading facility…
Renowned for its agriculture and livestock industries, Uruguay has sought to expand its oil and gas exploration and production sector over the past decade. The South American nation hopes that its third offshore licensing round will attract…
Advisory firm Glass Lewis has recommended that Ensco plc shareholders vote “FOR” the US$839 million proposed all-stock transaction with Atwood Oceanics at the company’s upcoming general meeting of shareholders on 5 October 2017. “…we…
Transocean is taking a US$1.4 billion impairment in Q3 2017 following the drilling contractor’s decision to scrap five ultra deepwater floaters, and one deepwater rig. The Sedco Express ultra deepwater floater will be scrapped…
Providence Resources will proceed with drilling plans for its Barryroe appraisal project offshore Ireland, despite failing to consummate a farm-in agreement with Total. Providence's Ireland acreage in SEL 1/11…