MX Oil announced a number of amendments to its joint venture agreement with its local partner Geo Estratos (Geo), which include an increase in MX Oil's interest in any concessions or exploration and production contracts to 55% from 51%…
Lundin Petroleum successfully completed drilling two appraisal wells that encountered hydrocarbon pay in the Alta discovery offshore Norway, in the Barents Sea. The Island Innovator. Image from Island Drilling…
Spectrum announced that their vessel has arrived in Mexico and started the acquisition of their Gulf of Mexico 2D campaign, in collaboration with Schlumberger. The first phase of the acquisition program Mexico Campeche-Yucatan 2D Regional…
Statoil awarded an eight-year contract for the design and supply of production chemicals and services for the Mariner Field to Baker Hughes in the UK. Contract start date is anticipated to start in July 2015 and also includes an extension option of four years…
Another round of job cuts are on the way as Aker Solutions and FMC Technologies move to reduce their workforces in Norway. Norwegian-based Aker Solutions said on Thursday (11 June) that it notified employees at its subsea services center in Agotnes…
China National Offshore Oil Corp. (CNOOC) commenced production at the Dongfang1-1 gas field Phase I adjustment project ahead of schedule, in the South China Sea. Image from CNOOC. The…
The Aberdeen & Grampian Chamber of Commerce released findings today (11 June) from its 22nd Oil and Gas Survey conducted in partnership with law firm Bond Dickinson, which revealed startling new numbers showing that confidence levels in the…
The global capital spending on newbuild and converted floating production storage and offloading (FPSO) vessels could reach US$8.65 billion this year, according to consultancy firm Visiongain. The largest spend will be focused on offshore…
Swiber Holdings announced that its subsidiary Swiber Offshore Construction (SOCPL) has established a wholly-owned subsidiary in Singapore known as Whitmer Offshore (WOPL). The initial issued share capital of WOPL is US$100. WOPL…
Petróleos Mexicanos (PEMEX) discovered four new shallow water fields offshore Mexico with the potential to produce at least 200,000 b/d of crude oil and 170 Bcf/d of gas. Map of shallow water discoveries off Campeche and Tabasco…
Lundin Norway received approval from the Norwegian Petroleum Directorate to drill an appraisal well located southeast of the giant Edvard Grieg field, in the central North Sea. Map of well 16/1-23S…
Chevron awarded Technip a lump sum project for the decommissioning of the brownfield development and installation of new subsea equipment supporting a floating production system located in Mississippi Canyon, Gulf of Mexico, in a water depth of approximately 2000m…
ALE is half way through the Malikai project in Malaysia, which is expected to include the world’s highest jackup and skidding operation. The global heavylift specialist was awarded the contracts for the Malikai project on behalf of TMJV…
Italian regulators will allow London-based explorer Northern Petroleum to conduct 3D seismic data studies at two of its wholly-owned permit areas in the southern Adriatic Sea. The approval to conduct new seismic in permits F.R39.NP and F…
EMAS Offshore secured a US$30 million contract for support services off West Africa. Under the job scope, four of EMAS Offshore’s marine vessels, including an accommodation barge, PSV and AHTSs, will be chartered to EMAS AMC, to provide accommodation…