While at first the oil price seemed to spur a rash of big M&A deals in 2014 and early 2015, analysts at GlobalData and IHS say the market could slow if the oil price doesn’t increase. Jeannie Stell reports. Image from Baker Hughes…
Chevron information technology teams from around the world put their stamp on Jack/St. Malo, providing the technical support that helped the major capital project achieve first oil in the deepwater US Gulf of Mexico (GOM), reports the company…
Houston-based ConocoPhillips terminated its order for the recently delivered Ensco DS-9 deepwater drillship in concurrence to its plans to reduce future capital expenditures in deepwater exploration. The Ensco DS-9…
As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper announced that the bureau will offer approximately 21…
Mexico's Comisión Nacional de Hidrocarburos (CNH) authorized permits for Electromagnetic Geoservices (EMGS) to acquire about 88,000sq km of 3D electromagnetic (EM) multi-client data over a five-year period off Southern Mexico. SENER’s…
Enterprise Products Partners LP executed definitive agreements to sell its offshore Gulf of Mexico pipelines and services business to Genesis Energy, LP for approximately US$1.5 billion in cash. Image from Enterprise…
The Talos Energy, Sierra Oil & Gas, and Premier Oil joint venture was the only winner at Mexico’s historic Round One, in which the consortia was awarded two blocks. Map of Blocks 2 and 7. From Premier…
SBM Offshore has divested a 45% stake in the FPSO Turritella to Mitsubishi Corp. (MC) and Nippon Yusen Kabushiki Kaisha (NYK Line). MC purchased 30% stake and NYK Line purchased 15% stake in the joint venture companies incorporated for the purpose of owning and operating the vessel…
The Blake Rig 1007 has recently been committed to Renaissance Offshore to drill the A-2 well at the South Timbalier 317 A platform in the Gulf of Mexico. Renaissance plans to mobilize the Blake Rig 1007 around mid-August following Anadarko’s current operations with the platform rig…
Houston-headquartered ProSep, an oil, gas and water treatment specialist, has been awarded a contract with PEMEX to supply its ProBlend mixer technology. The six-month project – awarded through ProSep’s in-country agent AGA Process – will…
Anadarko recently completed the successful upending of its massive 23,000-ton Heidelberg floating spar in 5300ft water depth, in Grand Canyon block 859, about 140mi off the coast of Louisiana. The 80 MMscf/d capacity Heidelberg truss spar is the second of Anadarko’s “design one…
2H Offshore has been awarded two separate contracts, one by Hess Corp. and a second contract by Enbridge Energy Co., to verify the design, fabrication and installation phases of the steel catenary risers (SCRs) for the Stampede field development in the Gulf of Mexico (GOM)…
Stone Energy’s Cardona #6 development well, in Mississippi Canyon block 29 of the Gulf of Mexico (GOM) has been proceeding ahead of schedule and below budget, and drilling has been completed through the targeted zones. The well encountered 288ft of net pay in two intervals…
Mexico’s Comisión Nacional de Hidrocarburos (CNH) revealed that four companies have opted to withdraw from the country’s historic Round One in the southern Gulf of Mexico, according to a Reuters report. Image from Pemex…
ION Geophysical has launched the first phase of MexicoSPAN, encompassing more than 22,000 km of deep-imaged 2D seismic data. Combined with ION’s YucatanSPAN, GulfSPAN and FloridaSPAN programs, MexicoSPAN will deliver complete, basin-wide regional view of the Gulf of Mexico…
Subscribe
