Deepwater Gulf of Mexico focused LLOG Exploration has set out plans for developing six projects, following successful exploration work in 2016-17, with nine deepwater wells due to be brought online by the end of 2018. One well is already producing…
CGG has completed ahead of schedule an 11,500sq km wide-azimuth (WAZ) survey on behalf of Pemex in the deepwater Perdido area. This new survey has been acquired perpendicularly to existing WAZ data and the combined Imaging of this first…
Transocean is taking a US$1.4 billion impairment in Q3 2017 following the drilling contractor’s decision to scrap five ultra deepwater floaters, and one deepwater rig. The Sedco Express ultra deepwater floater will be scrapped…
French oil major Total says it has agreed to capture seven prospects, over 16 Chevron-operated blocks in deepwater Gulf of Mexico (GoM), in a move that analysts say could revitalize Total's GoM portfolio. Map…
Uruguay's Ministry of Industry, Energy and Mining (MIEM) and national oil firm ANCAP have launched the Uruguay Round 3, an offshore licensing round. Image from iStock. Seventeen…
Power has been restored to BP’s Thunder Horse production platform in the US Gulf of Mexico. Thunder Horse. Image from BP. The company has started redeploying offshore personnel to Thunder Horse…
Mexico's Petróleos Mexicanos (Pemex) is seeking a partner for its Nobilis-Maximino deepwater area in the Gulf of Mexico, following the company's strategy to take advantage of the Energy Reform. Map of Nobilis-Maximino…
In 1994, when BP and SOCAR signed a deal for the development of the Azeri, Chirag and Gunashli oil fields in the deepwaters of the Caspian Sea, it was dubbed the 'Contract of the Century.' Now, the 'Contract of the New Century' has been signed…
InterMoor has been contracted by Subsea 7 to provide mooring and tow services for BP’s Mad Dog 2 project in the US Gulf of Mexico, InterMoor announced today (11 September). The contract's scope includes InterMoor securing the new semisubmersible production platform at depths of 4440ft…
Drilling on the deepwater Drombeg prospect offshore Ireland has discovered water wet reservoirs, says Providence Resources. The 53/6-1 well, in about 2233m water depth - the deepest a well has been drilled offshore Ireland - about 220km off south-west Ireland…
Eni has inked the Saipem 12000 drillship for drilling the RD-1 well in the Rabat Deep Offshore license, offshore Morocco. Partner Chariot Oil & Gas says the RD-1 well will target the JP-1 prospect using the with drilling due to start in the latter part of Q1 2018…
Global deepwater oil and gas development has been plagued for a decade by cost creep in equipment and services. Some of the inflation was warranted as we moved into deeper, harsher and frontier areas, requiring higher equipment specs, more specialized assets and a higher level of risk mitigation…
Magma Global has signed an agreement with Odebrecht Oil & Gas to supply m‐pipe for the CMHR (Composite Multi-‐Bore Hybrid Riser) solution for future deployment in deepwater pre-salt projects in Brazil. Magma’s patented mpipe technology…
Subsea boosting is helping to push otherwise uneconomic subsea projects over the line. Elaine Maslin reports on two tiebacks benefiting from a bit of boost – including the industry’s longest deepwater subsea multiphase boosting tieback. Murphy…
Italian contractor Saipem has won a string of contracts worth a total US$370 million. Eni Angola has awarded Saipem additional work orders for the West Hub Development project offshore Angola. The work, which will be performed by Saipem's E&C Offshore division…
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