Exploration News

 

Mexico reveals prequalified bidders for deepwater round

Nov 29, 2016

Mexico’s Comisión Nacional de Hidrocarburos (CNH) has revealed a long list of individual international oil and gas companies, in addition to consortia, that have been prequalified for the country’s highly anticipated deepwater round set for next week…

BP acquires Nexen, Statoil exploration stakes

Nov 28, 2016

BP has acquired stakes in the Jock Scott and Craster high-temperature high-pressure, North Sea exploration prospects, operated by Statoil and Nexen respectively, with exploration wells planned on each mid-2017.  The move comes just days…

Cairn contracts Stena DrillMAX for SNE appraisal

Nov 25, 2016

Cairn Energy and its partners have contracted a rig to drill two appraisal wells on the world class SNE oil field offshore Senegal in 2017. The wells - SNE-5 and SNE-5 - will be drilled using the Stena DrillMAX drillship, starting Q1…

Lukoil strikes Caspian Sea pay

Nov 23, 2016

Lukoil has struck more pay at its third well in the Vladimir Filanovsky field in the shallow waters of the Caspian Sea. The LSP-1, from Lukoil. The horizontal section of the well is 1217m long…

Exxon, COPL make Liberia comeback

Nov 23, 2016

After a long awaited return to Liberia, ExxonMobil started drilling at the deepwater Mesurado-1 exploration well earlier this week, according to partner Canadian Overseas Petroleum Ltd. (COPL). Map of Liberia…

Africa Petroleum loses Liberia licenses

Nov 23, 2016

West Africa focused independent African Petroleum is to drop its production sharing contracts for blocks LB-08 and LB-09 after they expired. The PSCs formally expired in June 2016 and since then the firm has been in discussions with Liberian authorities over a possible extension…

Castex gets successful Hummer test

Nov 22, 2016

Castex Offshore had a successful flow testing of its Main Pass Hummer discovery well, offshore Louisiana, according to partner Petsec Energy. Flow rates were measured at restricted rates on variable choke sizes over the last three hours…

Okea picks Ridge for well management

Nov 22, 2016

Norwegian private equity backed independent Okea has awarded a frame agreement to Ridge for well management services. Under the contract, Ridge will provide personnel and services to manage offshore well design, construction and operation for Okea…

Barents Sea exploration success for Lundin

Nov 22, 2016

Sweden's Lundin has made a ca. 25-60 MMboe oil and gas discovery on the Loppa High, 20km east of the Johan Castberg discovery in the Norwegian Barents Sea.  The well, 7220/6-2 R, was drilled on the Neiden prospect in production license 609…

Colombian exploration to heat up in 2017

Nov 19, 2016

After forming its own offshore-focused offshoot this January, Colombian state oil company Ecopetrol noted in its Q3 conference call that it intends to stabilize its production with a more 'aggressive' exploration drilling program slated for 2017…

Exxon's Liza confirmed as commercial

Nov 17, 2016

ExxonMobil is fast-tracking its Stabroek Block project where its giant Liza discovery lies, as the supermajor officially gave notice of the area’s commercial oil find to Guyana’s government yesterday (16 November), according the country’s Government Ministry of National Resources…

Israel launches offshore bid round

Nov 16, 2016

Israel's Minister of Energy has opened the country's first offshore bid round covering 24 areas in the Levant Basin, with some located close to existing major gas discoveries. The discovery of giant gas fields in the Levant Basin, offshore…

Petrobras completes first Libra well

Nov 14, 2016

Petrobras completed the first well in the Santos Basin’s Libra pre-salt field last week, with the anticipation of starting production next year, connected to the Pioneiro de Libra floating production and storage offloading (FPSO) unit. The West Carina…

All eyes on Verbier as Statoil confirms drilling

Nov 14, 2016

Statoil has confirmed to the Oil and Gas Authority that it will drill a well on the Verbier prospect in the North Sea, in summer 2017, according to partner Jersey Oil & Gas. Jersey says the prospect, which is in production license 2170…

Winners named for C-NLOPB bid round

Nov 10, 2016

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) received nearly US$563 million (CAD $758 million) in work commitments in its latest deepwater bid round for the East Newfoundland and Jeanne d’Arc regions, offshore the Canada-Newfoundland and Labrador areas…

Current News

Venterra Company, CAPE Holland, Awarded Contract for Fengmiao Offshore Wind Farm

Venterra Company, CAPE Holland

Bae Systems Launches Incubator Program to Propel Technologies Beyond Defense

Bae Systems Launches Incubator

DOF Group ASA Contract Award for Well Intervention Services in North America

DOF Group ASA Contract Award f

Jacket Loadout Milestone Completed for BorWin6 Offshore HVDC Platform

Jacket Loadout Milestone Compl

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine