W&T Offshore has received approval for a capex of US$125 million that will set up the Houston-based company to drill six to eight wells in the Gulf of Mexico this year, with its priority going to its Mahogany field. Image from iStock…
Houston’s Ensco agreed to an amendment with Samsung Heavy Industries (SHI) for the ENSCO DS-10 drillship construction contract that will see the delivery extended again until 31 March 2019. Ensco said it may elect to take delivery of…
Byron Energy is weighing a change in development concept for the South Marsh Island 71 (SMI-71) discovery, in the US Gulf of Mexico. The new plan sees the operator opting for a manned platform over an unmanned facility, says 50-50 joint venture (JV) partner Otto Energy…
The Thunder Horse South Expansion project, in the deepwater Gulf of Mexico, has started up 11 months ahead of schedule, supermajor BP announced today (23 January). Illustration of the expansion at Thunder Horse…
Schlumberger disclosed a 22% decline in its full-year 2016 revenue, despite gaining US$4.2 billion from the Cameron Group, which the oil services giant took over in April 2016. Image of Kibsgaard…
DOF Subsea North America has appointed Greg Donnelly as the new general manager of the DOF Subsea US team. Donnelly assumed responsibilities 16 January 2017 and will report directly to Marco Sclocchi, executive vice president North America…
The US Bureau of Safety and Environmental Enforcement (BSEE) and the US Coast Guard are responding to a release of gas and condensate from a pipeline at West Cameron 165 in the Gulf of Mexico, approximately 32mi southwest of Cameron, Louisiana…
Transocean has filed a complaint of patent infringement against fellow rig builder Noble Corp. in a Houston court, accusing Noble of infringing upon Transocean’s “dual-activity” technology. However, Noble is standing its ground, and says it disagrees with this lawsuit…
The US Department of the Interior (DOI) and Bureau of Ocean Energy Management (BOEM) are offering 122,405 acres offshore Kitty Hawk, North Carolina in a commercial wind lease sale in March. Map of wind energy areas off North Carolina…
Stabilizing oil prices have prompted producers to return to both shale and offshore projects, but the industry still needs to cut costs. A new workforce program offered by the University of Houston (UH) focuses on helping oil and gas…
Canadian junior firm Corridor Resources was issued exploration license EL-1153 from the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) in exchange for the surrender of exploration license EL-1105 covering the Old Harry Prospect in the Gulf of St…
TechnipFMC is now operating as a unified, combined company following the completion of the US$13 billion merger of FMC Technologies and Technip. Image from TechnipFMC. Beyond today's pressures on the oil and gas industry…
McDermott will exercise its option to purchase Oceanteam’s 25% ownership in the vessel-owning company North Ocean 105 AS by the end of April 2017, according to joint venture partner Oceanteam. Under McDermott’s main credit facility agreement…
Global Energy Development (GED) has entered into two share purchase agreements to acquire a total of 11 offshore subsea service vessels, and a barge vessel, as it seeks to adopt a new business strategy focusing on the subsea oilfield services sector…
Qinterra Technologies has been awarded a three-year wireline tractor and instrumented intervention services contract with a deepwater oil and gas operator in the US Gulf of Mexico, effective immediately. The scope of the contract includes tractor conveyance…
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