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76 million acres to be offered in US lease sale

Jul 14, 2017

Some 75.9 million acres offshore Texas, Louisiana, Mississippi, Alabama, and Florida are to be offered for oil and gas exploration and development, US Secretary of the Interior Ryan Zinke announced.  Image from BOEM…

TWI to develop remote underwater cutting laser

Jul 14, 2017

The UK's The Welding Institute (TWI) has started a new project to advance the decommissioning of offshore structures thru use of remote underwater laser cutting. Over the next 30 years, some 600 fixed steel structures and 3000 pipelines will need removing from the North Sea…

IOG adds to SNS acreage

Jul 14, 2017

Independent Oil and Gas (IOG) has been awarded a license in the Oil and Gas Authority's 2016 Supplementary Offshore Oil and Gas Licensing Round. The license, comprising Block 48/25a, includes the western part of the Vulcan North West…

Whale spouts exploration success for Shell

Jul 13, 2017

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…

Exxon JV inks Block 59 deal off Suriname

Jul 13, 2017

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…

Cobalt adds two leases to Anchor in GoM

Jul 13, 2017

Map of Anchor, from Chevron. Houston’s Cobalt International Energy has entered into a definitive agreement with its co-owners in the Anchor development to unitize and include Cobalt’s…

Aker BP to drill at Hyrokkin with Maersk Interceptor

Jul 13, 2017

Norway’s Petroleum Safety Authority (PSA) has given Aker BP consent to drill two wildcat wells in the North Sea at the Hyrokkin prospect. Aker BP consent to drill exploration wells 25/4-11 and 25/4-12, which is north of Alvheim. The…

BOEM approves Eni's Alaska drilling plans

Jul 13, 2017

The US Bureau of Ocean Energy Management (BOEM) has approved Eni’s exploration plan (EP) to drill four wildcats at the company’s Spy Island Drillsite (SID) in the Beaufort Sea. Map of Spy Island…

ConocoPhillips submits Barossa proposal

Jul 13, 2017

ConocoPhillips has submitted its development proposal for the gas and condensate Barossa field in the Timor Sea, to Australian authorities for comment.  The Barossa Area Development is expected to be a floating production, storage and…

Providence gets Barryroe extension

Jul 13, 2017

Providence Resources and its partners on the Barryroe field offshore Ireland have been given a two-year license extension as the firm continues its farm-out efforts. Barryroe is in Standard Exploration License (SEL) and is operated by Providence subsidiary Exola DAC (80%)…

Statoil contracts West Saturn for Brazil drilling

Jul 13, 2017

Statoil has contracted rig firm Seadrill Offshore for up to nine wells offshore Brazil, starting on its BM-S-8 license in the Santos Basin. Seadrill will provide the drillship West Saturn, with services on board by Seadrill Serviços de Petroleo Limitada…

12 new licenses awarded in North Sea

Jul 13, 2017

The Oil and Gas Authority (OGA) has offered for award 12 licenses to 11 companies, including Statoil, BP, Shell, Maersk, Apache and EnQuest in the 2016 Supplementary Offshore Licensing Round. Fourteen blocks were originally on offer in this Supplementary Round…

Alta well proves wider reservoir qualities

Jul 13, 2017

Lundin Petroleum's latest well on the Alta field in the southern Barents Sea has confirmed reservoir communication and qualities.   Lundin is now planning a sidetrack well, which will help to plan for the drilling of a horizontal well for use as in an extended well test…

Ophir nears Fortuna FID, cuts workforce by 15%

Jul 12, 2017

Ophir Energy is expecting to have the Fortuna FLNG project final investment decision (FID) off Equatorial Guinea settled in the coming months, as the company moves to decrease costs by cutting 15% of its global workforce. Thailand operations…

Trendsetter completes latest STIM job in GoM

Jul 12, 2017

Trendsetter Engineering has successfully completed live well operations with their new 15,000 psi subsea hydraulic intervention system (referred to as STIM). Trendsetter's STIM. Image from Trendsetter…

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