SBM Offshore was contracted by Shell to supply an FPSO for the Stones development project in the Gulf of Mexico. The contract, valued at about US $1 billion, includes an initial period of 10 years with future extension options up to 20 years…
The North Caspian Operating Company B.V. (NCOC) announced the introduction of sweet gas into the offshore facilities on the artificial D Island and the lighting of the flare, a further major milestone in the start-up of the Kashagan oilfield…
Houston-based Apache Corp.will sell all of its Gulf of Mexico Shelf operations and properties to Fieldwood Energy LLC (Fieldwood), an affiliate of Riverstone Holdings, for US $3.75 billion. Operations include wells that are producing about 100…
Shell, and its partners, are expecting to boost production with two new deepwater projects at Parque das Conchas (BC-10) and the Bijupirá/Salema fields. 'Offshore Brazil is a key part of our plans to grow our deepwater portfolio – a key component of our global strategy…
SOCO Intertnational spud LDKEM-1, an exploration well on the Lideka East Marine prospect. The well will test the potential of a post-salt structure of the Sendji formation in the Lower Congo Basin, off Pointe Noire, Congo, in the Marine XI license…
SOCO International announced that its TGT-10X exploration well in Te Giac Trang (TGT) field in block 16-1 off southern Vietnam cut 117m of net pay (250m gross pay), after drilling to 4226m MD. This is the first well drilled into the Oligocene D2 section in the H5 fault block of the field…
Modiin Energy LP has updated resource estimates for the Yam Hadera field off Israel. The best estimate of gross recoverable, prospective resources at Yam Hadera is 208MMbo (revised upwards from 133 MMbo) and 3.4 Tcf of natural gas (revised upwards from 1…
BW Offshore has agreed an extension for FPSO Sendje Berge with Addax Petroleum Exploration Ltd. until the end of Q1 2014. The extension has been agreed to secure operational continuity while joint work to detail longer term program for investment and production is completed.
Santos announced a gas discovery at the Winchester-1 exploration well in WA-323-P, located in the Carnarvon Basin offshore Western Australia. Winchester is Santos’ fourth consecutive exploration gas discovery offshore Western Australia…
Seadrill has signed a contract with Chevron China Energy Company for the newbuild ultra-deepwater drillship West Tellus in support of Chevron's affiliated global exploration program. The contract will start in China immediately on shipyard delivery of the unit…
Software solutions firm Petrotechnics has appointed David Bleackely as VP of sales. Bleackely joins Petrotechnics from Aspentech, where he was most recently senior sales director of global accounts. He was responsible for managing…
Oil & Gas UK chief executive, Malcolm Webb, has officially opened the new Aberdeen offices of oil and gas consultancy Magma Products. Magma, which provides specialist offshore commissioning and start-up services, has grown from a business…
First production from the southern North Sea Orca field is due to start late 2013 following the installation of a new platform at the field. The 1240-tonne D18a-A platform, to be normally unmanned, was installed using the installation…
A partner on the 44/23-1 Dunquin North exploration well being drilled by ExxonMobil offshore Ireland says the reservoir is water bearing. Providence Resources, which holds a 16% interest in frontier exploration license 3/04, containing Dunquin…
Baker Hughes Inc. has introduced the Baker Hughes Well Count, a new index that provides key U.S. onshore well count data. The proprietary count will be available on a quarterly basis. The Baker Hughes Well Count is a natural extension of the Baker Hughes Rig Count…
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