Transocean's ultra-deepwater drillship Deepwater Invictus was awarded a two-year contract plus three one-year priced options with a subsidiary of BHP Billiton. The backlog associated with the firm contract is approximately US$106 million…
BHP Billiton has made an oil discovery in multiple horizons at the Wildling-2 appraisal well in the ultra deepwaters of the Gulf of Mexico. Deepater Invictus. Image from Transocean. According to the company…
BHP Billiton spudded the Wildling-2 ultra deepwater well in the Gulf of Mexico earlier this month, and plans to spud the nearby Scimitar wildcat in September. Image from BHP. The…
Mexico is delaying the bid process for companies to partner with Petróleos Mexicanos (Pemex) for its shallow water areas Ayín-Batsil, by three months. Image from Pemex. The country’s regulator…
BHP Billiton says that the costs and associated risks from a proposal by Elliott Associates, LP and Elliott International, LP (Elliott), which includes splitting off its oil business, would significantly outweigh any potential benefits. Image from BHP…
Mexico’s state owned oil company Pemex and Australia’s BHP Billiton have made their partnership official, signing an agreement to jointly develop the deepwater Trión discovery, offshore Mexico, both firms announced today (3 March). In December…
Chevron reached its final investment decision (FID) for Mad Dog 2 in the Gulf of Mexico, paving the way for the BP-operated project to reach first oil in 2021. Illustration of Mad Dog 2, from BP…
BHP Billiton's board has approved to spend US$2.2 billion for its share of BP's Mad Dog Phase 2 development costs in the US Gulf of Mexico. Image of Mad Dog, from BP. The project is one of the largest…
EM&I, a provider of asset integrity, inspection and specialized repair and maintenance services, has signed a contract with BHP Billiton Petroleum Australia (BHP Billiton) to provide inspection management services to their Macedon Gas Plant…
Woodside has completed the acquisition of half of BHP Billiton’s Scarborough area assets in the Carnarvon basin, offshore Western Australia. The acquisition was concluded for a purchase price of US$250 million and a contingent payment…
BHP Billiton discovered oil at its Caicos exploration well in the deepwater Gulf of Mexico, and revealed plans to drill at a nearby well in November. Map of Central GoM, including Caicos, Shenzi North…
Australia's BHP Billiton has made a gas discovery on the deepwater LeClerc play-opening well offshore Trinidad and Tobago. BHP had been drilling for oil. The LeClerc 1 ST01 well was drilled in Block 5, in 2500-8500ft water depth, 135mi…
Houston-based Cobalt International Energy has recruited a second former former BHP Billiton employee this year, with the appointment of David D. Powell as its new chief financial officer (CFO) and executive vice president. Powell…
Lloyd’s Register (LR) has extended rig integrity support for the Deepwater Invictus drilling rig. The company’s expertise in blow-out preventors (BOPs) and rig integrity will be used to provide confidence in how risk is managed for deepwater drilling and well exploration…
Houston-based Cobalt International Energy appointed Timothy J. Cutt as its new CEO and Class I member of the board of directors, each effective 2 July 2016. Cutt has over 30 years of oil and gas experience, most recently as BHP Billiton's president of petroleum…