Cyprus-based Energean E&P Holdings Ltd. has farmed-in and taken over as operator of the Sara and Myra license blocks about 25 mi. off the coast of Israel. [shaded blue in map at right] Six of the seven partners agreed to the farm-in, including Modiin Energy Limited Partnership…
A collaboration between Sonardyne International Ltd., Shell, and Liquid Robotics led to the development of a Liquid Robotics Wave Glider autonomous marine vehicle configured for unmanned data retrieval from seafloor sensors. For the last three years…
Ocean Rig UDW Inc., a subsidiary of Athens-based DryShips Inc., announced that it signed a six-year contract with Total E&P Angola for drilling operations in Block 32 offshore Angola, using the ultra-deepwater drillship Ocean Rig Skyros…
ASV’s C-Worker 6 successfully carried out a seabed transponder calibration in 1300m deep waters. The trials took place in the Gulf of Mexico and were conducted in rough conditions with 2.5m waves. C-Worker is an oil field services…
Drilling continues at Statoil's Martin prospect in Mississippi Canyon Block 718 with the Maersk Developer semisubmersible, in 850m (2789ft) water depth. Statoil plans to run a zero-offset vertical seismic profile (VSP) survey on or before 15 August 2014…
The Centennial J tanker will be converted by MODEC for Tullow's TEN field. Photo by: Tullow Oil Plc/Joseph Lynch. E&P companies will continue to invest in deepwater exploration and development…
As Infield Systems prepares for the annual release of its Deep and Ultra-deepwater Market Report to 2018, we look to global development of the deepwater sector and the emerging trends over the forthcoming five years. Looking back over the previous five-year period…
Spectrum has commenced a 10,000 km multi-client 2D seismic survey offshore Brazil in the Sergipe and Alagoas basins along the Eastern Margin of Brazil. The new acquisition program will tie key wells in the basins, including the recent Barra…
Douglas-Westwood (DW) forecasts global subsea hardware capex will total US$117 billion (bn) between 2014 and 2018. This represents growth of more than 80% compared with the preceding five-year period. In 2013, subsea tree installations were lower than expected…
Bids from Russia’s Gazprom and China’s China National Offshore Oil Corporation (CNOOC) have been included in the latest licensing round offshore Tanzania. The 4th Deep Offshore and North Lake Tanganyika Licensing Round closed on May 15…
Maersk Drilling has again warned about a slowdown in the deepwater market, but says it still has a positive long term view on the deepwater market. The company is investing $US5.2 billion in eight new rigs, which are being delivered between 2014 and 2016…
Drilling on the deepwater Welwitschia-1 prospect in Walvis Bay, offshore Namibia, might be delayed until the end of May after the wellhead housing “slumped” and issues with the blow out preventer (BOP) control system were discovered. Operator…
W&T Offshore Inc. subsidiary, W&T Energy VI, acquired Woodside Energy's deepwater Gulf of Mexico assets for US$51 million, the company announced on 20 May 2014. The transaction includes a 20% non-operated working interest in the producing Neptune field (Atwater Valley Blocks 574…
CGG has started acquiring a large BroadSeisT 3D multi-client survey program in the deep and ultra-deep waters of the Espirito Santo Basin, offshore Brazil. The project has received high prefunding from major industry players. The Espirito Santo Phase III survey will cover more than 9500sq km…
It has been less than a year since Mexico’s landmark energy reform, but the effects of this major restructuring on one of the world’s largest economies are already being observed. Gustavo Hernandez Garcia, acting director of E&P, Pemex,…