The National Hydrocarbons Commission (CNH) has approved Pemex’s exploration plans to probe Mexico’s first-ever pre-salt well in the Bay of Campeche. The probe, called YAXXTAAB-1 is in the AE0013-M-Pilar de Akal Kayab-04 area (pictured…
Subsea 7 will become the sole owner of the Normand Oceanic, a flex-lay and heavy construction vessel that is being managed by Solstad Farstad while under long-term contract to a third party. The company will take ownership of the vessel…
Equatorial Guinea's Ministry of Mines and Hydrocarbons, Ophir Energy and national oil firm GEPetrol have signed a new production sharing contract (PSC) for Block EG-24 offshore Rio Muni. Block EG-24 (formerly Block EG-20 and Block M)…
RockRose Energy has signed deal to acquire Idemitsu Petroleum from Japan's Idemitsu Kosan. The Idemitsu UK's assets comprise a substantial number of producing fields in the North Sea, which include: 30.8% stakes in Repsol's Ross and Blake fields…
Total subsidiary Total E&P Ireland has completed a farm-in deal with Providence Resources and Sosina Exploration on licensing option (LO) 16/27, containing the Avalon prospect, in the southern Porcupine Basin, offshore Ireland. The deal…
First power has been achieved from Statoil and partner Masdar's Hywind Scotland project - the world's first floating wind farm. The 30MW wind farm, operated by Statoil, is 25km offshore Peterhead, Scotland, and comprises five, 6MW turbines…
North Sea minnow Independent Oil and Gas has signed a letter of intent with Offshore Design Engineering for work on its Blythe Hub and Vulcan Satellites Hub development. ODE will provide technical and operational support ahead of final…
Shearwater GeoServices has delivered a 3D Fast Track Pre-Stack Depth Migration (PreSDM) product for Edison International, following the efficient acquisition of a high quality 3D SHarp broadband dataset in the Eastern Mediterranean. Simon Telfer…
FairfieldNodal has begun a project to acquire and process high-resolution 3D marine seismic for the Libra consortium led by Petrobras, Total, Shell, China National Petroleum Corp., and CNOOC. The Libra project, FairfieldNodal’s first such project offshore Brazil…
Subsea 7 and Sapura Energy have agreed to end their Asia Pacific focused SapuraAcergy joint venture (JV), with the JV's heavy-lift and pipelay vessel, Sapura 3000, sold to a subsidiary of Sapura Energy. The JV was set up in 2006, with SapuraCrest Petroleum…
Independent oil firm African Petroleum has applied to enter a second renewal period at the Senegal Offshore Sud Profond (SOSP) production sharing contract (PSC). The firm is also hoping to swap a commitment to drill a well for a 3D seismic…
The Honghua Group Limited has awarded a $12 million front-end engineering design (FEED) contract to Wood for its liquefied natural gas (LNG) platform development in the West Delta area of the Gulf of Mexico. The main objective of the…
Schlumberger introduced the GROVE IST integrated seat technology ball valve. New ball valve technology features a patented seat-on-ball design that significantly improves performance over conventional metal-seated ball valves in addition to offering considerable size and weight benefits…
St. Louis-based technology and engineering firm Emerson announced today (16 October) it has agreed to acquire Paradigm, a provider of software solutions for the oil and gas industry, for $510 million. Source: Emerson Paradigm…
Anadarko Petroleum has signed an exploration agreement with the government of Peru to explore 4.7 million acres across three deepwater blocks in the Trujillo Basin offshore Peru. The exploration phase of the agreement is a typical multi-year…
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