The International Association of Drilling Contractors (IADC), along with seven other oil and gas industry trade associations, submitted a joint letter today to the Bureau of Safety and Environmental Enforcement (BSEE) with comments on the…
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…
Wood Mackenzie has evaluated the competitive position of the three largest Russian oil and gas producers at US$60/bbl oil and their strategic action taken to date. In 2014, the Russian majors' share price performance was hit harder by…
Irish offshore explorer Providence Resources says recent seismic has offered promising data on the Diablo Ridge ridge prospect in the southern Porcupine Basin. Diablo Ridge is in frontier exploration license (FEL) 2/14 in the southern Porcupine Basin…
Halliburton's wireline and perforating business introduced the Reservoir Monitor Tool 3-Detector (RMT-3D) pulsed-neutron tool that helps solve for water, oil, and gas saturations within reservoirs using three independent measurements (Sigma…
Wintershall, operator for production license 248 in block 35/11 in the North Sea, has received consent to drill exploration well 35/11-18 in the North Sea. The formation into which the well will be drilled is designated 'Syrah'. Drilling…
Akastor has announced that its board of directors has appointed Kristian Røkke as its CEO. Røkke will succeed Frank O. Reite, who will take the position of CFO at Aker. Røkke, who is currently chairman of Aker Philadelphia Shipyard (AKPS)…
Repsol and RSI have signed a three-year, US$11.5 million agreement under which they will co-develop a state-of-the-art platform for the integrated interpretation and joint inversion of seismic and CSEM data within a rock physics modeling framework…
Image: Hummer drilling operations/Petsec Energy Castex Offshore Inc. commenced drilling the Main Pass Block 270 #3 well. The exploratory well is being drilled in federal offshore waters on Petsec’s Hummer prospect…
Image: seismic vessel/ Energean Mediterranean and North Africa-focused Energean Oil & Gas completed a new 3D seismic survey over the Prinos oil field and its surrounding licenses, in the Gulf of Kavala…
Polarcus has recently completed a comprehensive verification process in collaboration with specialists from DNV GL to review and audit the company's procedures, methodology, data and calculations, software architecture, and technical…
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…
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