Bahamas News

 

Venezuela Navy Confronts Exxon Vessel in Guyana Border Dispute

Dec 24, 2018

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 to Acquire Brazil's UP Offshore

Dec 21, 2018

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…

V.Ships Wins Magellan Explorer Contract

Nov 19, 2018

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…

Liza tanker arrives in Singapore

Nov 15, 2017

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…

BPC gets extension, mulls farmout options

Mar 23, 2017

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…

Lundin to use Leiv Eiriksson for Gohta

Dec 27, 2016

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…

Looking toward the bright side

Sep 27, 2016

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…

Statoil to use Scarabeo 5 for Snorre

Sep 15, 2016

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…

Latin America: Great expectations

Mar 01, 2016

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…

PSA gives Statoil consent to use Scarabeo 5

Jun 26, 2015

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…

Bahamas Petroleum Act takes next step

May 21, 2015

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…

Blaze on Fugro Symphony vessel

May 20, 2015

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…

Norway's PSA OK's Scarabeo 5 use

Dec 22, 2014

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…

Bahamas to assess petroleum act

Dec 18, 2014

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 Bahamas looking at new Petroleum Act

Oct 09, 2014

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…

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