ExxonMobil has discovered additional oil at a Payara appraisal well offshore Guyana, upping the ultra deepwater discovery's resources to about 500 MMboe. Map of Stabroek, from Exxon. The…
With US lawmakers prepared to hit Russia with more sanctions*, the domestic oil and gas industry is bracing for what potential impacts may come. Karen Boman lays out concerns voiced at a July Atlantic Council Event. [*Update] The US Senate…
The UK's Oil and Gas Authority (OGA) has launched the 30th Offshore Licensing Round, with 813 blocks or part blocks on offer in mature areas of the UK Continental Shelf (UKCS), covering a total 114,426sq km. Image from iStock…
Mermaid Maritime has been awarded two subsea contracts with a combined estimated value of US$4.6 million. The first contract award, with work scheduled to begin in Q3 2017, will involve a short ROV campaign for pipeline touchdown monitoring…
Island Constructor. Image from Island Offshore. Norway’s Petroleum Safety Authority (PSA) has granted Norske Shell consent to use the Island Constructor mobile drilling facility for the start-up of well 6407/9-G-5 on the Draugen field…
Offshore engineering firm Aquaterra Energy has secured a multi-million pound investment from EV Private Equity as the company gears up for service expansion and new technology launches. The deal is the first to be agreed following EV’s…
Total E&P Congo awarded Sparrows Group and SPIE Oil & Gas Services a crane maintenance contract on the Moho Nord development, offshore West Africa, in the duo’s first joint delivery project. Crane inspection…
Nearly two years after a failed attempt, oilfield services giant Schlumberger is set to acquire a majority stake in Eurasia Drilling Co. (EDC). The Astra jackup. Image from EDC. Schlumberger…
Petrobras has awarded Subsea 7 extensions for three pipelay support vessels (PLSVs) currently on long-term day-rate contracts offshore Brazil, with a total combined value of about US$250 million. The firm contract periods for the Seven Waves…
Danish oil firm Maersk Oil has set out its concept for a full redevelopment of the Tyra field on the Danish Continental Shelf.
As part of a three year contract with Lloyd’s Register (LR), the Oil & Gas Authority (OGA) has released their first set of Regional Geological maps and data sets, which cover the UK Central North Sea and Moray Firth. Henk Kombrink, Senior…
All three of Maersk Oil's Culzean high-pressure, high-temperature (HPHT) development jackets have been installed in the UK North Sea. Maersk says they were installed on time and on budget, about 145mi east of Aberdeen and is estimated to produce between 60…
Keppel Corp. has revealed that its wholly-owned subsidiary Keppel Offshore and Marine’s (Keppel O&M) plans to deliver five rigs to Borr Drilling, and the world's first floating liquefied natural gas (FLNG) vessel conversion Image from Keppel…
Brazil’s National Petroleum Agency (ANP) has published the final bidding terms for the 14th Round of bids for oil and gas blocks set for 27 September. Some of the blocks available in the 14th Round in the Sergipe-Alagoas area…
Brazilian oil major Petrobras set a new pre-salt production record in June. The oil production Petrobras operates (own and partner shares) in the pre-salt layer set two new monthly and daily records. The new monthly production record is 1…