Venezuela's navy 'intercepted' a ship exploring for oil on behalf of Exxon Mobil Corp in Guyanese waters over the weekend, Guyana's foreign ministry said in a statement, while neighboring Venezuela said the incident occurred within its territory…
SEACOR Marine Holdings, the provider of marine and support transportation services to offshore oil, has announced the acquisition of UP Offshore (Bahamas) by a new joint venture company that is 49% owned by a subsidiary of SEACOR Marine and…
The global marine and offshore vessel management and support services provider V.Group said that its V.Ships Leisure unit has been awarded a contract by Antarctica21 for the technical management of the expedition vessel, Magellan Explorer.The…
The tanker destined for ExxonMobil's Liza Phase 1 project, offshore Guyana, has arrived at Keppel's shipyard in Singapore, SBM Offshore announced today (14 November). SBM has said that the tanker's arrival marks the start of the FPSO conversion phase…
Bahamas Petroleum Co. (BPC) has gained an additional 12-month extension for its four southern licenses from the government of The Bahamas that will now expire in April 2018. Map of BPC licenses…
The Petroleum Safety Authority Norway (PSA) has given Lundin Norway consent to drill exploration well 7120/1-5 in a prospect named Gohta. The prospect is located in Lundin-operated production license 492 (PL492), which is comprised of blocks 7120/1 and 7120/2 in the Barents Sea…
Quest Offshore, recently acquired by Wood Mackenzie in August, outlines the highlights of the global deepwater drilling market, region by region. Melissa Sustaita sets out the details. Top…
The Petroleum Safety Authority Norway (PSA) has given Statoil consent to use the Scarabeo 5 mobile drilling facility for well intervention in well 34/7-A-10H on the Snorre field. The activity is scheduled to begin in September and to last 22 days…
Brazil and Mexico are not the only games in town in Latin America. The deepest water well ever drilled is lined up for offshore Uruguay and Exxon is set to test Liza offshore Guyana. Elaine Maslin reports. The newly minted Maersk Venturer drillship…
The Petroleum Safety Authority Norway (PSA) has given Statoil consent to use the Scarabeo 5 mobile drilling facility for drilling and completing well 7121/4-G-4 H located at Snøhvit field. Scarabeo 5 is a type ME 4500 mobile drilling…
The Petroleum Bill and suite of associated regulations as well as a sovereign wealth bill have been put before the Bahamian House of Assembly for their second readings on 20 May, Bahamas Petroleum Co. announced. Image from Bahamas Petroleum…
Fugro confirmed that a fire broke out on its Fugro Symphony survey vessel as it was docked at the Peterhead Harbour in the UK. Image of the Fugro Symphony. From Fugro Subsea. The fire broke out early Wednesday morning around 2:30 a…
The Petroleum Safety Authority Norway (PSA) granted operator Statoil consent to use the Scarabeo 5 mobile drilling facility to plug well 6406/2-R-4 BHT2 permanently and simultaneously drill a new production well, designated 6406/2-R-4-CH…
Oil exploration in the Bahamas has taken a step forward after a new Petroleum Act and regulations to guide and govern oil exploration in was placed before the Parliament of The Bahamas. The draft legislation is now likely to go through…
The Minister of the Environment and Housing announced that a new Petroleum Act and a suite of regulations to guide and govern oil exploration in The Bahamas has been completed and is now to be placed before the House. Map from Bahamas Petroleum…
Subscribe
