NOIA’s Randall Luthi Testifies at Senate Energy and Natural Resources Committee Hearing Says Revenue Sharing and Offshore Access are Inextricably Linked During testimony today at a US Senate Energy and Natural Resources Committee hearing on offshore energy revenue sharing…
Shell made a 100millionbbl, deepwater oil discovery in the Gulf of Mexico, adding to the potential of its Appomattox find. The Vicksburg A discovery is nearby Appomattox, which contains about 500million bbl of potentially recoverable resources…
Statoil announced a light, high-quality oil discovery at its Harpoon prospect (EL 1112) in the Flemish Pass basin, off Newfoundland, Canada. The semisubmersible West Aquarius drilled the well in about 1100m of water. Harpoon is located 500km northeast of St…
Eni and Rosneft began seismic operations in the icefree portion of the Russian Barents Sea. A 9950km 2D seismic survey is planned over the Fedynsky and Central Barents license areas. Eni and Rosneft formed joint venture companies to operate each of the Russian offshore projects…
ThoughtStream: Opinion Mexico is among the ten largest oil producers in the world. This country has made important structural changes to improve economic performance and strengthen its resilience to external shocks. It is a strong partner to the United States and to Canada…
Colloquy: Editor’s Column American oceanographer Dr. Sylvia A. Earle recently received the Hubbard Medal, the National Geographic Society’s highest honor, recognizing “leadership in exploration, science, environmental stewardship and education…
Globetrotting. OE sought to uncover which new offshore regions are being targeted as potential new markets. Here’s what our think tank had to say: “Geographically, what offshore region will emerge next as a new market?” Chariot…
DSME signed a contract on 25th June with Atwood Oceanics, a USA based ocean drilling company, for the construction of one drillship. This is the option of last year’s contract with a value of about US$570 million USD and it will be delivered at the end of 2015…
AGR Enhanced Drilling, entered into a NOK120m (USD20m) Letter of Intent (LOI) with Statoil to deliver an EC-Drill® managed pressure drilling (MPD) system. The EC-Drill® system combines control system capability, enhanced riser integration and multiple other features…
ION Geophysical Corp. established a GX Technology (GXT) seismic data processing center in Perth, to serve the needs of oil & gas companies in Australia and throughout the Asia-Pacific region. The new center is staffed with experienced geoscience…
The US Bureau of Safety and Environmental Enforcement (BSEE) approved Walter Oil & Gas Corp.’s permit application to drill a relief well at South Timbalier 220 in the US Gulf of Mexico, using the Rowan EXL-3 jack-up rig. The well is expected to be drilled on Thursday…
DONG Energy has made a gas discovery north-west of Shetland after a two-well exploration campaign through 2012-13. DONG said the Cragganmore exploration well, in Block 208/17, had been confirmed as a gas discovery. The well was drilled using the West Navigator drillship in 673m water…
Engineering services firm Wood Group PSN has been contracted to carry out engineering studies on a plan to deploy a production buoy facility design in the UK North Sea. Under the contract with ABTechnology (ABT), the firm behind the production buoy design…
Mediterranean Oil & Gas has increased its holdings offshore Malta after acquiring a 40% working interest in the Area 3 Exploration Study Agreement (ESA). The agreement covers blocks Blocks 1, 2 and 3 and is in partnership with Cairn Energy subsidiary Capricorn Malta…
Alaska’s Lt. Governor Mead Treadwell stated the case for Alaska’s key needs at the Ice-diminished Arctic Conference in Washington, D.C. earlier this month. Treadwell reminded the attendees that the Arctic has held strategic importance for…
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