Saipem and Petrobel have finalized offshore contract variations worth US$900 million for engineering, procurement, construction and installation (EPCI) activities in relation to the “Optimised Ramp Up” phase of the “supergiant” Zohr field development project offshore Egypt…
With US lawmakers prepared to hit Russia with more sanctions*, the domestic oil and gas industry is bracing for what potential impacts may come. Karen Boman lays out concerns voiced at a July Atlantic Council Event. [*Update] The US Senate…
Global energy services and technology company AGR, has signed a SaaS (software as a service) contract with Dana Gas PJSC to supply the latest version of its P1 software for deepwater exploration efforts offshore Egypt. Petter Mathisen…
Mexico’s National Commission of Hydrocarbons (CNH) announced that 30 blocks will be offered in the country’s second deepwater round on 31 January 2018. Image of Mexico's first deepwater round held in December 2016…
Royal Dutch Shell encountered hydrocarbons in the initial Whale exploration well in the deepwater Gulf of Mexico. Noble Globetrotter I. Image from Huisman. The well was safety…
ExxonMobil is preparing exploration activities offshore Suriname, after signing a production sharing contract (PSC) with Suriname’s national oil company Staatsolie Maatschappij Suriname NV for deepwater Block 59. Image from Exxon…
Shell is buying the deepest floating production unit in the world, the Turritella floating production storage and offloading (FPSO) unit in a US$1 billion cash deal that will allow the supermajor to assume operatorship of the entire Stones development in the deepwater Gulf of Mexico…
Cairn Energy is to plug and abandon its FAN South-1 well in the South Fan prospect offshore Senegal, and move to its next drilling target in the region, the SNE North, or Sirius, prospect. FAN South-1 was drilled in ~2175m water depth…
Karen Boman charts Chevron’s success at its large Jack/St. Malo development in the deepwater Gulf of Mexico, a project that was sanctioned just prior to the downturn. McDermott’s North Ocean 102 at work…
HWCG’s David Coatney stresses the importance of developing comprehensive response plans to prevent deepwater blowouts. Photo from HWCG. To respond to future offshore deepwater drilling incidents…
India's Oil and Natural Gas Company (ONGC) has agreed to a three-year contract to Vantage Drilling for use of the ultra-deepwater drillship Platinum Explorer offshore India. The Platinum Explorer is due to mobilize to India in Q4 2017…
High hopes are pinned on gas as a transition fuel and there being markets to sell it to in the gas-rich Mediterranean. Elaine Maslin reports. Maersk Discoverer drilling in Egypt's Eastern Med Sea for BP…
GE Oil & Gas has signed a long-term agreement to collaborate with Eni and CNPC consortium EEA on Area 4 offshore Mozambique, including the Coral South floating LNG (FLNG) project. The Coral South FLNG project will be the first deepwater gas development offshore Mozambique…
Statoil’s technology research and development efforts will focus on developing technology to reduce carbon dioxide emissions (CO2) from oil and gas operations, as well as digital solutions, the company reported today (19 June). With ambitious goals both within climate and digitalization…
ExxonMobil and partner Hess have made a final investment decision to proceed with a US$4.4 billion first phase of development of the giant Liza field, in the Stabroek block, offshore Guyana. The firm says it has also had positive results on its latest well on the field…
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