Cobalt International has encountered oil at its North Platte #4 appraisal well in the deepwater Gulf of Mexico, with plans to drill a second sidetrack, as the company ups its estimates of recoverable hydrocarbon resources at the prospect…
Mexico’s National Hydrocarbons Commission (CNH) finalized seven deepwater Gulf of Mexico contracts, as part of the country’s Round 1.4 held last year. Image of Mexico’s Energy Secretary Pedro Joaquín Coldwell…
Wood Group has won two separate contracts related to BP’s Mad Dog 2 project to provide engineering services to the deepwater project in the Gulf of Mexico. Mad Dog 2 illustration, from BP. Samsung…
US giant ExxonMobil and Italy’s Eni signed a US$2.8 billion cash deal that will see ExxonMobil acquire 25% indirect interest in the natural gas-rich Area 4 block, offshore Mozambique. Map of Area 4…
PTT Exploration and Production (PTTEP) has entered a partnership agreement with Total E&P Myanmar to divest 50% participating interest in the Myanmar MD-7 project, offshore Myanmar. Operator PTTEP will collaborate with Total in the exploration and development activities in the block…
Anadarko is planning to drill up to 10 exploration/appraisal wells in the deepwater Gulf of Mexico, Côte d'Ivoire, and Colombia this year, the company announced today (8 March). Anadarko CEO Al Walker…
Pemex’s CEO José Antonio González Anaya shared his reflections on his first year in the state-owned firm’s top job at this year’s CERAWeek by IHS Markit, saying that some of his policies and attempts to reduce Pemex’s serious debt have not made him a popular person…
UK independent explorer Cairn Energy has completed drilling on its latest Shelf North Edge well, or SNE-5, and is getting ready for its next target, offshore Senegal. Cairn says the initial results on the SNE-5 well were in line with expectations and drilling…
Erin Energy signed a drilling services contract with Pacific Drilling for use of the Pacific Bora drilling rig at its Oyo-9 well on the deepwater Oyo field, offshore Nigeria. Image of the Pacific Bora…
DeepOcean received a call-off under its new master service agreement (MSA) with BP Exploration Operating Co. that covers the installation of a new flexible water injection riser, and the recovery of the existing water injection riser in the deepwater Foinaven field…
Spain's Repsol has cleared a hurdle to drill the Stordal prospect in the Norwegian Sea using Transocean's semisubmersible drilling rig Transocean Spitsbergen. The Petroleum Safety Authority has given the firm permission to drill the Stordal well 6705/7-1 in 1410m water depth…
ExxonMobil is looking to make a final investment decision on its Liza discovery offshore Guyana this year, with first oil expected by 2020, less than five years since its discovery. In an investor presentation yesterday (1 March), the…
McDermott International has won a contract award from Hess Corp. for subsea tieback work for its deepwater Penn State Deep (PSD) field in the Gulf of Mexico. The PSD field is located in the Garden Banks 216 block in approximately 1500ft of water…
Fernando C. Hernandez, of SECC Oil & Gas, and Efrain Rodriguez, of IMP, discuss efforts to research rigless production solutions for Mexican deepwater operations. Figure 1: SECC’s connector installed on a manifold…
Old and new provinces continue to bring forth new activity in Latin America, from new finds in Guyana to the ongoing pre-salt programs in Brazil. Michael Borrel sets out the detail. Latin America has become increasingly attractive to both local and foreign investors…