The Bureau of Ocean Energy Management (BOEM) will offer approximately 47 million acres offshore Louisiana, Mississippi, and Alabama for oil and gas exploration and development in a lease sale that will include all available unleased areas in the Central Planning Area (CPA)…
InterMoor has appointed Joe Price as country manager for InterMoor Canada based in St. John’s, Newfoundland, the regional hub for the Canadian offshore oil and gas sector. Price, a native Newfoundlander, is a graduate of the Ocean and…
Maersk Oil UK has awarded fellow company Maersk Supply Service to provide decommissioning services for the Janice field in the North Sea. Janice A FPU. Images from Maersk Oil. Maersk Supply Service (MSS) will provide engineering…
PGS and TGS-NOPEC Geophysical Co. (TGS) have jointly agreed principal terms and conditions for purchase of a majority of the multiclient library of Dolphin UK. PGS and TGS will make this purchase on a 50/50 basis. This purchase represents a limited initial cash outlay for PGS…
SBM Offshore has released a video of the Turritella floating production and storage offloading (FPSO) unit, as the vessel started commercial production at Shell’s Stones development in the deepwater Gulf of Mexico on 6 September. At Stones…
Gazprom received the first construction permit for the TurkStream pipeline's offshore section from the authorities of the Turkish Republic as part of the preparatory procedures for resuming the TurkStream project. The permit was received through diplomatic channels…
Anadarko Petroleum will purchase the Gulf of Mexico (GoM) assets of Phoenix, Arizona-based minerals company Freeport-McMoRan (FCX) for US$2 billion cash consideration, the Houston-based independent said on 12 September. Anadarko’s…
INEOS UK E&P Holdings has secured a five-year US$294,000 million (£220 million) reserve-based lending facility, which it plans to use to acquire future projects. The facility, the firm's first reserves based lending facility, was secured…
Teledyne Bowtech has updated their L3C-HD and L3C_HDX underwater cameras. The updated L3C-HD camera now features full HD 1080p up to 60fps adding to the HD-SDI outputs available (720p 50, 720p 60, 1080i 50, 1080i 60 and 1080p 50). The…
UK independent Nobel Upstream has completed a deal to buy a 7.59% stake in the UK North Sea Maclure oil and gas field from Shell. Maclure was discovered in 1991 and put into production in 2002. Production in 2016 has averaged 8200 boe/d…
Australian energy giant Woodside will acquire half of BHP Billiton’s Scarborough gas assets in the Carnarvon Basin, offshore Western Australia. Woodside will pay US$250 million on completion of the transaction and a contingent payment…
Shell is divesting 100% of its Brutus and Glider assets in the Gulf of Mexico in a US$425 million cash deal with Houston-based and privately held EnVen Energy Corp. Brutus, during dockside integration…
Time and greater understanding makes most people and companies look at projects and assets differently and it’s no different for oilfields. Elaine Maslin reports from Devex. The Britannia BLP…
Transocean's Transocean Winner semisubmersible drilling rig, which ran aground on a Scottish Island more than two weeks ago, is now under tow to safer waters. The rig was refloated from Dalmore Bay, on west coast of the Isle of Lewis…
Only three companies participated in the US Bureau of Ocean Energy Management’s (BOEM) first ever online lease sale. Out of the 4399 blocks offered, the sale only received bids for 24 of those blocks for a total of just over US$18 million…
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