Tullow Oil's TEN floating production project offshore Ghana is on schedule for first oil within the next three to six weeks, the firm announced this morning. Tullow says the project, which is also within budget, is over 96% complete…
This year, the deepwater drilling record could be broken not just once, but twice, breaking the last record, set back in 2013. Elaine Maslin takes a look. Total’s Raya-1 well is due to be drilled offshore Uruguay using Maersk Oil’s ultra…
Ultra-deepwater exploration on the Atlantic margin could be the opportunity the offshore industry is looking for, according to geoscience firm Spectrum. Elaine Maslin reports. Maersk Venturer drillship…
Focus on the small South American country of Uruguay is set to sharpen after Statoil took a further stake in the country's deep offshore acreage. Statoil, which earlier this month announced it would be a partner with Total on the first deep water exploration well offshore Uruguay…
Brazil and Mexico are not the only games in town in Latin America. The deepest water well ever drilled is lined up for offshore Uruguay and Exxon is set to test Liza offshore Guyana. Elaine Maslin reports. The newly minted Maersk Venturer drillship…
Most of the news in the rig market is bad, but there are bright spots if you look hard enough. Audrey Leon sets out the details. Image from OE Staff. Not much has changed for…
Statoil is to join French oil major Total in drilling the first deep water exploration well offshore Uraguay. Statoil has agreed to take a 15% stake in Block 14, a frontier block in the deep water Pelotas basin, about 200km offshore, in the the South Atlantic Ocean…
OE reached out to analysts Wood Mackenzie and IHS Energy to find out the view on the next 12-18 months. And the outlook is not so great for exploration spend. Audrey Leon and Elaine Maslin report. Wood Mackenzie Image from iStock…
Image: Maersk Venturer/ Maersk Drilling Maersk Drilling has been awarded a contract for the drillship Maersk Venturer with oil major Total. The contract covers one exploration well (estimated duration 120 days) in block 14 offshore Uruguay…
Polarcus has relocated its North and South America regional office in Houston, Texas, to new premises in the Cobalt Center, Memorial City, as the company expands its regional footprint. The new Polarcus office is located in a Class A designated building…
This year, Pakistan, Egypt, Jordan and Uruguay plan to begin importing natural gas via floating storage and regasification unit (FSRU) vessels. The vessels are a solution to the challenge of importing liquefied natural gas (LNG) into areas…
Norwegian geoscience firm Spectrum entered into a cooperation agreement with US oilfield services giant Schlumberger to acquire 50% ownership in Spectrum's Pelotas multiclient program. The cooperation agreement includes more than 30,000km…
BG Group awarded Electromagnetic Geoservices ASA (EMGS) a US$27 million contract for 3D EM data acquisition in Uruguay. EMGS says the data acquisition is scheduled to begin around 15 December using the EM Leader vessel. The survey is expected to last three and a half months…
EMGS and Seatrans signed an extended charter agreement for the EM Leader vessel. From EMGS. EMGS will charter the vessel for two years and has two options for a one-year extension…
Norway-based seismic acquisition firm Spectrum has started a 3600km multi-client 2D seismic survey offshore Uruguay, South America. The new acquisition program will infill Spectrum’s survey acquired in 2013 and cover open, ultra-deep water acreage in the Oriental del Plata and Pelotas basins…
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