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…
Cantium has taken over US supermajor Chevron’s Bay Marchand and Main Pass assets in the Gulf of Mexico. The takeover includes five fields located on the Gulf of Mexico’s Outer Continental Shelf (OCS) and in Louisiana state waters…
Brazil's Petrobras is offering its 70% interest in the Maromba heavy oil field in the Campos Basin, offshore Brazil. Chevron also has a 30% and is also looking to divest the Campo de Maromba (BC-20A concession). 'The potential transaction…
Zennor Petroleum has completed the acquisition of interests in Petroleum Production License P359, in the UK North Sea, from Esso Exploration and Production UK. These interests comprise a 40.0002% working interest in Block 23/16b Area A (Arran North) and a 66…
ExxonMobil has awarded SBM Offshore a contract to construct, install, lease and operate a floating production, storage and offloading vessel (FPSO) for its giant Liza project offshore Guyana. The FPSO is designed to produce up to 120…
Chariot Oil & Gas says preparation for drilling on its acreage offshore Namibia has started following a review identifying 1.75 Billion bbl of gross mean prospective resources. Chariot says a Competent Person's Report on Namibian Blocks 2312 & 2412A (the Central Blocks)…
Italian giant Eni has gotten a jump-start at its deepwater Jangkrik Development Project offshore Indonesia, starting gas production ahead of schedule. The Jangkrik FPU. Image from Eni Twitter. Jangkrik consists of two gas fields…
BP has achieved first gas from two fields - Taurus and Libra - in the West Nile Delta (WND), offshore Egypt, eight months ahead of schedule. Image of West Nile Delta, from BP. “The…
Xvision Software has developed FieldAP, a 100% cloud-based technology for the energy industry providing offshore project managers with an online tool for visual field development, digital planning and cost containment. According to Xvision…
Chris Corcoran, of ABS, highlights the importance of further improving safety to reduce the number of dropped object incidents on offshore facilities. Statistics show that dropped objects cause up to 10% of industrial fatalities…
Traditional risk management practices involve operators navigating large static risk reports, in addition to handling massive amounts of data, with a limited timeframe to make risk informed decisions during operations. DNV GL has released…
Even though the downturn has changed many operator’s initial plans, subsea tiebacks have emerged as the economical way to develop many Gulf of Mexico fields. Karen Boman reports. The North Ocean 105 lay vessel…
Anadarko is planning to drill up to 10 exploration/appraisal wells in the deepwater Gulf of Mexico, Côte d'Ivoire, and Colombia this year, the company announced today (8 March). Anadarko CEO Al Walker…
Ocean Rig has reached a US$25 million settlement agreement with Premier Oil and Noble Energy over disputed invoices for the Eirik Raude semisubmersible. Image of the Eirik Raude, from Ocean Rig…
Dutch technology firm Airborne Oil & Gas has been awarded a qualification program from Shell for a high-pressure, deepwater thermocomposite pipe (TCP) jumper spool. Its first application is anticipated in the Gulf of Mexico region. The TCP jumper spool will be manufactured using carbon fibre…
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