Shell’s Brazilian subsidiary, Shell Brasil Petroleo Ltda., will sell 20% participating interest in concession BM-ES-23, offshore Brazil, to Thailand’s PTTEP. BM-ES-23 is in the deepwater Espirito Santo basin, covering approximately 550sq km…
Delta SubSea (DSS) entered into an agreement with a subsidiary of Hornbeck Offshore Services for the HOS Bayou for deepwater remote operated vehicles (ROV) operations in the Gulf of Mexico. The HOS Bayou is one of Hornbeck’s recently…
TGS is continuing its Explorer series seismic acquisition program in the deepwater US Gulf of Mexico with Panfilo 3D. Panfilo 3D will add 11,500sq km to TGS' multi-client library in the Lund and Henderson Central Gulf of Mexico protraction areas…
Total's production should grow to about 2.8MMboe/d in 2017, as 15 major projects start-up in the period from now, the French super major said today (22 September). But, strict capital discipline will also be key, in addition to selling an additional US$10 billion of assets in 2015-17…
The Republic of Côte d’Ivoire will offer new petroleum exploration concessions, delineating new offshore blocks in deep and ultradeep water of the Côte d’Ivoire sedimentary basin. The details will be presented on 14 October, in Houston, Texas…
Houston-based Wild Well Control has unveiled its new subsea capping stack for response to a global deepwater well control incident that will be located in Singapore. Image from Wild Well The Singapore capping stack…
Eni has discovered oil in Block 15/06, in the Ochigufu exploration prospect offshore Angola. ENI said the find was 'important' and would be fast tracked to production through the Ngoma floating production, storage and offloading vessel on the company's West Hub development…
Noble Energy awarded Dutch services provider SBM Offshore a contract for the Big Bend and Dantzler fields in the Gulf of Mexico. Thunder Hawk from SBM Offshore The two companies signed a…
McDermott International, Inc. completed the Jack and St. Malo project for Chevron USA Inc. located in the Gulf of Mexico Walker Ridge area. The just-completed project is part of the first stage of development of the Jack South, St. Malo South and St…
Petrobras awarded Aker Solutions' subsidiary Aker Oilfield Services (AKOFS) a US$465 million contract to provide subsea intervention services offshore Brazil. The five-year contract slated to begin in 4Q 2016 is for the Aker Wayfarer subsea construction vessel…
Statoil has agreed to sell off stakes in the Aasta Hansteen spar development, the Polarled pipeline, and a discovery neighboring Aasta Hansteen to Germany’s Wintershall in a US$1.3 billion deal. As part of the deal, Statoil will also…
Deep Gulf Energy II has awarded Technip a lump sum contract for the development of the deepwater, high-pressure, high-temperature Kodiak field, in Mississippi Canyon Blocks 727 and 771, in the Gulf of Mexico. The in 1472-1710m water depth…
Shell has started work drilling production wells on Malaysia's third deepwater development, the Malikai field, offshore Malaysia. The Malikai development involves 17 wells drilled from a 23,500 tonne tension leg platform production facility…
A US federal district court judge ruled on Thursday that the Macondo blowout, which killed 11 workers, and spilled millions of barrels into the US Gulf of Mexico was the result of BP’s gross negligence and willful misconduct. BP’s contractors Transocean and Halliburton were both found negligent…
Veolia won a contract to decommission the 14,000-tonne Yme oil platform in the Norwegian North Sea. The doomed Talisman Yme will be removed and towed in a single lift from its current North Sea location and be moved to Lutelandet in South West Norway to be dismantled by Veolia…