Trilateral cooperation between the US, Canada, and Mexico is needed, says US Energy Secretary Rick Perry. Rick Perry. Photos from OE Staff. Perry was speaking at the University of Houston’s…
Hess has shut in production at its Baldpate, Conger and Penn State fields in the deepwater Gulf of Mexico in response to the fire that occurred last week at the Shell-operated Enchilada platform. The Llano field…
Halliburton business Sperry Drilling announced today (13 November) the release of JetPulse high-speed telemetry service, which provides consistent, high-data rate transmission of drilling and formation evaluation measurements. This new telemetry…
A newly formed Australian gas company has acquired Hess' Equus deepwater project offshore Western Australia. Western Gas said Equus, which covers 11 gas and condensate fields in the Carnarvon Basin, about 200km north-west of Onslow, is development ready…
Baron Oil is to relinquish Block Z-34, which has been in Force Majeure since 2014, offshore Peru. In such a situation, the Z-34 partners are entitled to exercise their right to relinquish Block Z-34 and to request that a $3.6 million work program guarantee bond be released…
An injunction stopping Petrobras selling 22.5% of its stake in the Iara area and transfering 35% stake in the Lapa field, both offshore Brazil, to Total has been lifted. The sale and transfer were part of a Strategic Alliance agreement signed with Total in March this year…
WorleyParsons has been awarded a contract by Reliance Industries for project management consultancy (PMC) services for development of the R-Series gas field (D34). The field is in about 1800-2150m water depth, in Block KG-D6, about 70km…
Louisiana-based offshore vessel firm Harvey Gulf International Marine has delivered the first of two new, large-capacity multi purpose support vessels (MPSV). The delivery follows recent proposals by the US Customs & Border Protection…
McDermott International has won a letter of award from Reliance Industries for work on the KG-D6 subsea field development in the Krishna Godavari Basin offshore eastern India. McDermott will provide engineering, procurement, installation and pre-commissioning of subsea flowlines…
Mexico's National Hydrocarbons Commission (CNH) announced today that 25 companies have askes to sign up for the next deepwater round, Round 2.4, to be held on 31 January 2018. The companies that have signed up include those that have participated in previous rounds such as BHP…
Class society ABS issued a managed pressure drilling (MPD) notation to Seadrill’s West Capella ultra-deepwater drillship for demonstrating system compliance with the ABS Guide for Classification and Certification of Managed Pressure Drilling Systems Guide…
Subsea firm Ocean Infinity has claimed to have undertaken the deepest dive by multiple autonomous underwater vehicles (AUVs) commercial known. The feat was achieved on 18 October, when the firm launched six HUGIN AUVs, each with…
Tullow Oil's latest 'ambitious wildcat' well offshore Suriname, south America, has failed to make a commercial discovery. The Araku-1 exploration was drilled to a total depth of 2685m and penetrated the objectives of the Araku prospect…
A steady recovery is in motion in the subsea business with the potential for major subsea awards in the remaining months of this year and throughout 2018, according to TechnipFMC's boss Doug Pferdehirt. The firm won US$2.5 billion in…
Reduced spending for oil and gas exploration is limiting availability of quality deepwater assets for merger and acquisition (M&A) deals, according to a new report by IHS Markit. This lack of deepwater asset inventory is challenging exploration…
Subscribe
