Premier Oil and its partners in the upcoming shallow water bid round offshore Mexico are anticipating to go out to tender for a moored, semisubmersible rig for Block 7 in Q4 2016, the company revealed in its 1H 2016 report. Map of Blocks 2 and 7…
ExxonMobil has joined a joint industry project (JIP) to develop Viper Subsea’s innovative V-IR system. ExxonMobil has joined the V-IR project, which has been established through the Industry Technology Facilitator (ITF), at a crucial…
Mexico’s Ministry of Energy (SENER) has approved auction terms for the first phase of Round 2, which will auction 15 shallow water areas in the Gulf of Mexico. The round is set to open in late March 2017. Image from CNH…
Petróleo Brasileiro (Petrobras) is offering nine shallow water fields located in the states of Ceará and Sergipe, in a competitive process. Image from Petrobras. The Brazilian…
The iXblue’s Phins Compact Family has been designed to offer the AUV industry players the ability to choose an inertial navigation system (INS) adapted to their vehicle. Based on iXblue’s fiber-optic gyroscope technology, Phins C3, C5, and…
The first call for Mexico’s Round 2.1, consisting of 15 shallow water blocks, is anticipated to be released before the end of July, the country’s Secretary of Energy confirmed in Monterrey. The…
Michael Cole, Fugro’s manager of survey prospects, explains how dynamic alarms coupled with office assisted remote services, can help provide better early warnings and navigation for end users. Vessel…
The government of India is launching a small field bidding round this week that consists of 67 discovered small fields in 46 shallow water, deepwater, and onshore contract areas. The Discovered Small Field Bidding Round – 2016 will be launched tomorrow…
Tullow Oil is eying exploration leads offshore Mauritania in order to fulfill a minimum work obligation of one well on the block before the second exploration phase runs out in November 2017. Image from Tullow…
V-IR, a new technology system designed to identify the location of electrical faults on subsea installations, is undergoing a shallow water trial at Portishead Quays marina. Established through The Industry Technology Facilitator (ITF)…
Heather Saucier examines the potential of deepwater plays to be auctioned in Mexico’s next offshore round, including the most prized area in the Perdido Fold Belt. Shell’s deepwater Perdido spar in the US Gulf of Mexico…
In the Gulf of Mexico, Chevron is putting its focus on its deepwater assets, and is on the fast-track to sell its shelf assets in the area, as the company looks to divest up to US$10 billion in the next two years. Big Foot…
Lundin Malaysia commenced drilling of the Maligan exploration well in Block SB307/SB308, offshore East Malaysia. The Maligan prospect is in shallow water and lies to the north of a major producing field in offshore East Malaysia. The well will target hydrocarbons in Miocene aged sands…
Mexico’s secretary of energy (SENER) announced on 7 January that it signed two remaining production sharing contracts with Pan American Energy and Fieldwood Energy for areas awarded offshore Mexico during the country’s phase two bid round held in late September…
OE reached out to analysts Wood Mackenzie and IHS Energy to find out the view on the next 12-18 months. And the outlook is not so great for exploration spend. Audrey Leon and Elaine Maslin report. Wood Mackenzie Image from iStock…