Oilfield services company Petrofac Ltd said on Thursday it would sell the remaining 51% interest in its Mexican oilfields for up to $276 million to Anglo-French oil and gas company Perenco.Petrofac, which had offloaded a 49% stake in the operations to Perenco last year…
The American power and energy company headquartered in Richmond, Dominion Energy wants to build what it says would be the largest offshore wind project in the United States off the Virginia coast.The company filed an application with the regional transmission organization PJM…
Denmark-based offshore wind developer Ørsted said it has selected GE Renewable Energy as the preferred turbine supplier for two of its US offshore wind farms which marks the world’s first commercial deployment of GE’s Haliade-X 12-megawatt (MW) offshore wind turbine…
Chevron has sanctioned a project to increase recovery in the St. Malo field, as the US based supermajor looks to maximize existing resources in the Gulf of Mexico.The waterflood project is Chevron’s first in the deepwater Wilcox trend and is…
Talos Energy announced it has entered into two separate agreements with BP and ExxonMobil related to new exploration opportunities in the U.S. Gulf of Mexico. The company said it will work with BP to drill and evaluate the Puma West prospect…
A new 5,080-square-kilometer wide-azimuth (WAZ) multiclient survey has commenced in the Salina del Istmo Basin in the Gulf of Mexico Bay of Campeche, providing the first 3D coverage over this shallow-water target area that includes the recent Zama-1 discovery…
The U.S. House of Representatives on Wednesday passed a bill to ban offshore oil and gas drilling off Florida, the first of three measures it is considering, which would also ban drilling off the Pacific coast and in Alaska's Arctic National Wildlife Reserve…
Mexico's government will give state-owned Pemex $5 billion so the world's most indebted oil company can pay off bonds, part of a plan to shore up accounts that also includes refinancing other bonds, the company said on Wednesday.Pemex, burdened by some $104 billion of debt…
Trendsetter Engineering has been awarded a contract for the design, qualification and delivery of a 20,000 psi (20K) hydraulic intervention connector by HWCG, the Houston-based oil and gas service company announced.HWCG is a consortium of deepwater…
The American Petroleum Institute (API) published three new integrity management (IM) standards for operating offshore floating production platforms, including facilities designed to produce natural gas and oil, and export liquefied natural gas (LNG)…
Well testing and water treatment company Production Technology and Services, Inc. (PTS) said US offshore safety regulator Bureau of Safety and Environmental Enforcement (BSEE) has issued a letter to HWCG deeming the PTS-supplied temporary processing…
Australian oil and gas producer Woodside is seeking to reduce its stakes in the Scarborough gas field at home and in Canada's Kitimat liquefied natural gas (LNG) project to cut its capital exposure, its chief executive told Reuters on Tuesday…
Kongsberg Maritime has expanded its Canadian operation by establishing a presence at COVE, the Center for Ocean Ventures & Entrepreneurship, in Dartmouth, Nova Scotia, the company announced on Monday.Already present in the Canadian ocean technology…
The Mexican government has said in its 2020 budget proposal that it will maintain a strategy of hedging its oil output against lower prices.Mexico’s state oil company Pemex will also continue a similar but separate hedging program. Mexico’s…
Subsurface Imaging, part of CGG’s Geoscience division, has been awarded a large-scale seismic imaging project in the offshore Orphan Basin in Eastern Canada by BHP, CGG announced on Thursday.The company said it will employ its FWI and least…
Subscribe
