The British multinational oil and gas company BP and its partners will lead a $6 billion development of the giant Azeri-Chirag-Deepwater Gunashli (ACG) oil-field complex offshore Azerbaijan.The supermajor said that the Azeri Central East (ACE)…
Brazilian oil and gas giant Petrobras has confirmed the extension of gas and oil accumulation in the Moita Bonita area, in deep waters in the Sergipe Basin offshore Brazil.A press release from the Petrobras said: 'We have completed the drilling…
UK-based offshore deepwater drilling company Seadrill Partners said that it has received early termination notice from BP for the semisubmersible West Capricorn about three months ahead of schedule.According to Seadrill’s latest fleet status report…
American seabed exploration company Ocean Infinity has announced the appointment of Paul Helmore as Chief Commercial Officer (CCO).Paul has spent his career to date in business development roles, and brings a track record of managing complex commercial situations and driving international growth…
MMA Offshore said on Wednesday it has been awarded a contract by Woodside to provide accommodation and walk-to-work vessel services to support platform maintenance operations on Woodside’s Australian assets over two scopes scheduled to commence in April 2019…
Services company Halliburton announced Wednesday it has secured an integrated services contract with Royal Dutch Shell for post-salt development and pre-salt exploration in the Campos and Santos Basins offshore Brazil.Under the contract, which includes a three-year term with a two-year extension…
Royal Dutch Shell announced it will sell its stake in the deepwater Caesar Tonga field in the US Gulf of Mexico for $965 million in cash to a subsidiary of Israel's energy conglomerate Delek Group.Company unit Shell Offshore will sell its 22…
The ongoing political turmoil in Algeria threatens to delay even further the planned offshore oil and gas exploration projects that the country is betting on to reverse the declining oil and gas output especially from maturing onshore fields…
Brazil's government and state-controlled oil company Petroleo Brasileiro SA have settled a long-running dispute about one of the world's most promising offshore oil areas, clearing the way for a blockbuster auction later this year.The national…
Based on geological studies that point to great potential for ultra-deepwater pre-salt oil reserves beyond its exclusive economic zone (EEZ), the Brazilian government is considering offering for the first-time exploratory blocks beyond the limits…
Total announced Tuesday it has started producing from Kaombo Sul, the second floating production, storage and offloading (FPSO) unit of the Kaombo project, located on Block 32, 260 kilometers off the coast of Angola's capital Luanda, in water depths ranging from 1…
Angola's national oil company Sonangol has recently taken possession of the first of its two drillships built by a Korean shipyard firm, signaling the start of the implementation of its regeneration program that include investment in deep and ultra deep water drilling and offshore marginal areas…
Marine seismic surveyor Seabed Geosolutions announced Wednesday it has been awarded a 3D ocean bottom node (OBN) survey in an ultra-deepwater area of the Gulf of Mexico by an unnamed major energy company.Covering 270 square kilometers and in water depths up to 2…
A major $2 million scientific study led by the University of Rhode Island (URI)’s Graduate School of Oceanography will monitor disruptive ocean currents in the US Gulf of Mexico, with a long term goal to improve forecasts for safer offshore operations in the region…
MacGregor announced Tuesday it has received an order from China National Offshore Oil Corporation (CNOOC) to supply the on-vessel mooring system for a semi-submersible floating production unit (FPU) being built for a deepwater natural gas field in the western part of the South China Sea…
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