Anadarko Petroleum encountered high-quality oil at its Phobos-1 deepwater Gulf of Mexico well, the company announced on 25 April 2013. Located in Sigsbee Escarpment in Block 39, the company found 250 net ft of oil in lower tertiary-aged reservoirs…
Anadarko Petroleum encountered approximately 190ft (58m) of net natural gas pay at its Orca-1 discovery well, off Mozambique, the company announced on April 18, 2013. The gas discovery is contained in a Paleocene fan system at Offshore Area 1 in the Rovuma Basin…
Bridge, the Oslo Børs and AIM listed oil and gas exploration and production company, is pleased to announce that the drilling of exploration well 6406/6-3 has commenced. The well will target the Mjøsa gas prospect, which is located 10 km northeast…
Seadrill has signed a contract with LLOG Bluewater Holdings for employment of the new-build drill-ship, West Neptune, offshore Gulf of Mexico. The contract duration is a minimum of three years plus an option for a one-year extension at mutually agreed rates…
Woodside will not pursue its proposed Browse LNG development near James Price Point in northwestern Australia, the company announced on 12 April 2013.Following the completion of a technical and commercial evaluation, Woodside determined that…
The Skarfjell oil discovery offshore Norway could become a new hub development, one of the partners in the project has said following succsesful appraisal drilling.Cairn Energy, which holds 20% in Skarfjell, said it had increased its resource…
Ithaca Energy announces that it has contracted the services of Applied Drilling Technology International (ADTI), to manage development drilling and completion operations on the Greater Stella Area under 'turnkey” contract arrangements. ADTI is a subsidiary of Transocean…
Bladt-built Nini East platformThe Danish Underground Consortium (DUC) has announced investment of US$800million on a new platform in Denmark's sector of the North Sea. The facility, to be built by Danish firm Bladt Industries A/S, will be to expand the Tyra Southeast development…
ExxonMobil Corp. announced that its Liberian affiliate has acquired from Canadian Overseas Petroleum (Bermuda) Ltd. (COPL) 80% interest in Liberia Block 13 (LB-13)Map of LB-13 off Liberia (Image: COPL)The block comprises more than 625,000 acres (2…
Apache subsidiaries placed high bids on 14 blocks during the most recent Gulf of Mexico Lease Sale 227, the company announced on April 1, 2013.(Image: Chevron-Statoil ASA)Apache said it was the sole bidder on nine shallow water blocks on the continental shelf…
A consortium made up of Eni and Kogas has won three deepwater blocks during the Republic of Cyprus’s second offshore licensing round. The consortium walked away with blocks 2, 3, and 9 in the Cypriot deepwater portion of the Levantine Basin…
IHC Winches, part of IHC Merwede, has officially presented its 50-tonne fibre rope traction winch, known as IDsis, to the Dutch and Belgian offshore markets. The presentation on 20 March was attended by a large group of lifting specialists,…
Cal Dive wins $63 million PEMEX subsea contractMexican state oil company Pemex awarded Houston-based marine contractors Cal Dive International, Inc an EPIC contract worth US$63 million concerning the company's Abkatun-Pol-Chuc Field in the Bay of Campeche…
This event aired on April 30, 2013 Click to AccessJoin Patrick Zirnhelt and Jeremiah Woodford for a Live Presentation and Q&A session on the many ways companies can improve their production, avoid unscheduled shutdowns, control costs…
Last year, Turkey approved construction of the South Stream pipeline through its territory, which will bring Russian gas across the southern Black Sea and into Europe. Construction should be completed in 2015, with the offshore component costing US$13 billion…