Offshore Deepwater News - page 132

Durban study

Jan 01, 2013

ExxonMobil has acquired a 75% stake in Impact Africa’s Tugela South Exploration Right off the eastern coast of South Africa.ExxonMobil has also secured a one-year permit to study the hydrocarbon potential of the deepwater Durban Basin, which covers approximately 12.4 million acres.

Ultra-deepwater ships poised to join the fleet

Jan 01, 2013

The Atwood Advantage dockside at Daewoo’s yard in South Korea.The newest ultra-deepwater drillships joining the fleet this year will be capable of working in 12-14,000ft (3658-4267m) water depths and drilling to 40,000ft. Ultra-deepwater…

ExxonMobil makes S. Africa splash

Dec 18, 2012

ExxonMobil acquires 75% stake in Durban BasinTugela South Exploration RightExxonMobil is set to explore the deepwater Durban Basin offshore South Africa after acquiring 75% stake in the Tugela South Exploration Right, the company announced on 17 December 2012…

ExxonMobil will operate Tugela off South Africa

Dec 17, 2012

ExxonMobil Exploration and Production South Africa Ltd. will soon begin exploration activities offshore South Africa. The ExxonMobil affiliate signed an agreement with Impact Africa Ltd. (Impact), a subsidiary of Impact Oil & Gas Ltd…

Annulus Testing

Dec 09, 2012

Flexlife is providing independent assessment services worth up to $1.4 million for Petrobras' Cascade-Chinook subsea development in the Gulf of Mexico. The agreement involved annulus testing of the flexible risers, and work was to be carried…

Portugal Plant

Dec 09, 2012

Lankhorst Ropes offshore division has relocated its Portuguese production facility for deepwater mooring ropes and single point mooring (SPM) hawsers to a new purpose-built factory on the coast at Viana do Castello, about 80km north of Porto…

Subsurface safety

Dec 07, 2012

Baker Hughes has a new tubing retrievable, subsurface safety valve for ultra deep-set, deepwater and HPHT applications. The REACH subsurface safety valves can be set as deep as 20,000ft and ensure fail-safe-closed operation using reliable, field-proven…

Cobalt hits homer at N. Platte

Dec 06, 2012

Ensco 8503Cobalt says deepwater oil find is significant Cobalt's deepwater Gulf of Mexico prospect North Platte has encountered significant oil pay, the company announced on 5 December 2012.Cobalt characterized the discovery as containing…

InterMoor opens Singapore yard

Dec 05, 2012

InterMoorInterMoor opens Loyang mooring equipment yard InterMoor, an Acteon company, has opened its new mooring equipment yard at Loyang offshore supply base in Singapore. The new facility provides mooring equipment storage and an ideal support location for maintenance…

Freeport acquires PXP, McMoRan

Dec 05, 2012

FCX specializes in copper and gold miningFreeport enters energy sector with $9B merger Phoenix-based copper and gold mining company Freeport-McMoRan (FCX) has moved to acquire subsidiary McMoRan Exploration as well as Houston-based Plains…

Petrobras cheers Muriú find

Dec 05, 2012

Map of Muriú prospectPetrobras makes 4th find off Sergipe-Alagoas Petrobras has made a fourth oil discovery in the ultra-deepwater Sergipe-Alagoas basin offshore Brazil, the company announced on 5 December 2012.Tests confirmed the presence of light oil in the Calumbi formation…

PXP finalizes GOM acquisitions

Nov 30, 2012

Holstein | Photo: SeatraxPlains Exploration takes reins on Gulf assets Plains Exploration and Production (PXP) has closed on $6.1 billion worth of Gulf of Mexico assets belonging to BP and Shell, the company announced on 30 November 2012…

Tullow picks up Guinea stake

Nov 20, 2012

Tullow has reached an agreement for 40% operating interest in Houston-based Hyperdynamics' offshore Guinea concession, the two companies announced on 20 November 2012.In late October, Tullow expressed interest in joining the concession. Hyperdynamics…

Maintenance-free pumping

Nov 10, 2012

An offshore oil and gas processor needed a full processing installation on the seabed, but first needed to prove that multiphase fluids – oil, gas, brine, sand and more – could be pumped in deep water. After careful review, the company settled…

Gulf deeps on track for ‘new normal’

Nov 01, 2012

Burdened by high drilling costs, lower success rates and smaller discoveries relative to other regions, not to mention post-Macondo regulatory changes, the deepwater Gulf of Mexico will nevertheless draw $70 billion in investment over the next two decades…

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