Houston-based ConocoPhillips terminated its order for the recently delivered Ensco DS-9 deepwater drillship in concurrence to its plans to reduce future capital expenditures in deepwater exploration. The Ensco DS-9…
Wood Mackenzie has evaluated the competitive position of the three largest Russian oil and gas producers at US$60/bbl oil and their strategic action taken to date. In 2014, the Russian majors' share price performance was hit harder by…
Irish offshore explorer Providence Resources says recent seismic has offered promising data on the Diablo Ridge ridge prospect in the southern Porcupine Basin. Diablo Ridge is in frontier exploration license (FEL) 2/14 in the southern Porcupine Basin…
Image: Hummer drilling operations/Petsec Energy Castex Offshore Inc. commenced drilling the Main Pass Block 270 #3 well. The exploratory well is being drilled in federal offshore waters on Petsec’s Hummer prospect…
Image: seismic vessel/ Energean Mediterranean and North Africa-focused Energean Oil & Gas completed a new 3D seismic survey over the Prinos oil field and its surrounding licenses, in the Gulf of Kavala…
As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper announced that the bureau will offer approximately 21…
Mexico's Comisión Nacional de Hidrocarburos (CNH) authorized permits for Electromagnetic Geoservices (EMGS) to acquire about 88,000sq km of 3D electromagnetic (EM) multi-client data over a five-year period off Southern Mexico. SENER’s…
Enterprise Products Partners LP executed definitive agreements to sell its offshore Gulf of Mexico pipelines and services business to Genesis Energy, LP for approximately US$1.5 billion in cash. Image from Enterprise…
The Talos Energy, Sierra Oil & Gas, and Premier Oil joint venture was the only winner at Mexico’s historic Round One, in which the consortia was awarded two blocks. Map of Blocks 2 and 7. From Premier…
ARKeX announced it has been awarded the first geological and geophysical oil and gas exploration permit by the Bureau of Ocean Management (BOEM). The ARKeX survey will acquire an airborne broadband gravity and magnetic survey over Outer…
Aker Solutions has won a maintenance, modifications and operations (MMO) contract from ExxonMobil for engineering, procurement, construction and maintenance services at the Hebron oilfield offshore Canada. The Hebron oil field is located offshore Newfoundland and Labrador…
SBM Offshore has divested a 45% stake in the FPSO Turritella to Mitsubishi Corp. (MC) and Nippon Yusen Kabushiki Kaisha (NYK Line). MC purchased 30% stake and NYK Line purchased 15% stake in the joint venture companies incorporated for the purpose of owning and operating the vessel…
BATS Wireless announced the successful test and delivery of 10 of its stabilized microwave systems, including eight DVM ExP2 ATEX/IECEx Zone 1 systems for the Martin Linge Project – located off the coast of Norway. The systems, when installed…
Sea Trucks Group has announced the recent award of its first contract in Brazil. Sea Trucks will provide accommodation support services to Saipem for 300 personnel on board, including lifting operations, storage support and logistic support services for modifications works of an FPSO…
Shell Philippines Exploration agreed to a one-month extension for the firm period for the provision of Prosafe’s Safe Astoria accommodation support vessel at the Malampaya Phase 3 Depletion Compression Project offshore the Philippines. The total value of the firm extension period is US$5 million…