Offshore Deepwater News - page 5


PSW Technology Nets 'Sizable' Deepwater BOP Stack Services Contract

Feb 21, 2023

Norwegian offshore services and equipment provider PSW Technology has secured a 'sizable' contract for deep-water BOP stack services.Subsea blowout preventer (BOP) is a system used in offshore oil drilling to prevent well blowouts.Under the deal announced Tuesday…

Romania Sees Black Sea Gas as 'Game Changer' for Region

Feb 17, 2023

Potential extractions from a long-awaited deepwater gas field in the Black Sea could mean countries in the region can finally cut their dependency on Russian energy, Romania's foreign minister said on Friday.Romanian oil and gas group OMV Petrom said on Feb…

Williams Strikes Oil and Gas Gathering Deals with Oil Major Chevron

Feb 17, 2023

Natural gas processing and transportation firm Williams Cos Inc said on Friday it executed deals with oil major Chevron Corp's unit to support natural gas development in the Haynesville basin as well as the deepwater Gulf of Mexico. Williams…

Transocean's Backlog Boosted by $392M Ultra-deepwater Drillship Deal

Feb 01, 2023

Offshore drilling contractor Transocean said Tuesday it had secured a long-term deal for one of its ultra-deepwater drillships.The contract, awarded by 'a national oil company' for work offshore Brazil, is for the ultra-deepwater drillship, Dhirubhai Deepwater KG2…

Deepwater Gas Projects Could Reinvigorate Trinidad's Output, says Rystad Energy

Jan 25, 2023

Trinidad and Tobago's natural gas production could rebound and hit almost 4 billion cubic feet per day (bcfd) by 2030 if key offshore projects move ahead soon, consultancy Rystad Energy said on Tuesday.Trinidad is Latin America's largest exporter of liquefied natural gas (LNG)…

Fugro Wins Survey Deal for Gas Field Project Offshore Brunei

Jan 18, 2023

Dutch offshore survey firm Fugro said Wednesday it had received a 'sizeable' contract from Petronas Carigali Brunei, for the Kelidang Cluster gas field development project.Under the contract, Fugro will carry out various site characterization…

Talos Makes Two Deepwater Discoveries Near Ram Powell Platform in Gulf of Mexico

Jan 04, 2023

U.S. oil firm Talos Energy said Tuesday that its two deepwater wells in the U.S. Gulf of Mexico had discovered commercial quantities of oil and gas during drilling operations in the fourth quarter of 2022. Talos holds a 60% working interest in the two deepwater discoveries…

Oil Firms Take Four Out of 11 Offshore Blocks on Offer in Brazil's Bidding Round

Dec 19, 2022

Four out of the eleven blocks on offer in the Santos and Campos Basins offshore Brazil, were acquired as part of Brazil's first cycle of the Open Acreage in the production-sharing model (OPP), held Friday by the country's oil and gas regulator…

Report: Chevron Hits Gas Offshore Egypt

Dec 05, 2022

U.S. oil company Chevron has reportedly made a gas discovery at the Narges-1X well in the Mediterranean Sea, offshore Egypt.The news was first shared by MEES, which cited an unnamed source, according to which Chevron has found 3.5tcf of gas…

Maha Energy, DBO Sign Merger Term Sheet

Dec 05, 2022

Sweden-based Maha Energy has signed a binding term sheet regarding a business combination with DBO 2.0 S.A. (“DBO”) for a consideration of 36,775,410 new shares in Maha.According to Maha, DBO is a private upstream oil and gas company focusing on mature offshore fields in Brazil formed in 2017…

Well Operations: Halliburton In 'Industry's First' Offshore Brazil

Dec 02, 2022

Oilfield services giant Halliburton said this week it had successfully installed 'the industry's first' single trip, electro-hydraulic wet connect in deepwater for Petrobras in Brazil - a feat the company describes as a significant achievement in downhole electric completion technology…

China's CNOOC Beefs Up Stake in Giant Offshore Oil Field in Brazil

Dec 01, 2022

Chinese oil company CNOOC said Thursday it had completed the acquisition of another 5% stake in the Production Sharing Contract of the Transfer of Rights (TOR) Surplus Volume related to the Búzios oil field, offshore Brazil.The Búzios oil field is located in the Santos Basin…

Equinor Files Development Plan for $1,45B Irpa Deepwater Gas Discovery

Nov 22, 2022

The Norwegian oil and gas company Equinor has filed a plan for development and operation (PDO) for the Irpa offshore gas discovery, formerly known as Asterix, to the Norwegian Minister for Petroleum and Energy.The gas discovery, sitting in the Norwegian Sea at a depth of 1350 meters…

Transocean to Buy Newbuild Ultra-Deepwater Drillship from DSME Ordered by Seadrill in 2013

Nov 18, 2022

Offshore drilling contractor Transocean said Thursday that it had together with Perestroika and funds managed by Lime Rock Management L.P created a joint venture, Liquila Ventures.Liquila Ventures agreed with Daewoo Shipbuilding & Marine Engineering Co…

New Fortress to Sign Deal for Mexico's Lakach Offshore Gas Field Next Week

Nov 17, 2022

U.S. company New Fortress Energy expects to sign an agreement next week with the Mexican government for the development of a liquefied natural gas (LNG) project associated with Mexico's Lakach offshore gas field, a company executive said on Wednesday…

Current News

Baker Hughes Grabs Petrobras’ Well Construction Job at Búzios Field

Canada Secures Surrender of All Offshore Pacific Coast Oil and Gas Permits

Maine Selects Sears Island as Preferred Site for Floating Wind Port Facility

Equinor Granted Permission to Drill Wildcat Well in Barents Sea

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