OMV and its partners have announced the completion of the largest 3D seismic survey in the Black Sea. The survey, covering 7740sq km, in the 1-21 Han-Asparuh block,offshore Bulgaria, is also OMV's largest survey. Interpretation of…
London-listed oil and gas industry service provider Petrofac has placed the first long-lead orders for its new in-house-designed deepwater derrick lay vessel, to be built at the Shanghai Zhenhua Heavy Industry Co., Ltd (ZPMC) yard in China…
Technip Norge AS has awarded Kvaerner a sub-contract for the fjord base and support services related to the upending and make-ready for mating operations of the substructure for the Aasta Hansteen spar platform (pictured at right). Kvaerner's…
Twenty-one companies have dropped out of the final cycle of bidding in the Myanmar offshore license round. The licensing round offers 30 offshore areas, including 19 deepwater blocks. These blocks are predominantly in the Rakhine Offshore Area (12 blocks)…
Total has signed an exploration and production-sharing agreement for deepwater Block 41 with Oman’s Ministry of Oil & Gas, the company announced today. The block is off the northern Omani coast, northwest of the capital, Muscat. It spans 23850sq km…
Norway’s Statoil announced that a fifth natural gas discovery in Block 2 offshore Tanzania has opened up new play in the region. The Mronge-1 discovery, drilled in 2500m water depth by the Discoverer Americas drillship, 20km north of the Zafarani discovery…
Noble Energy hit a deepwater discovery offshore the Gulf of Mexico. The Dantzler exploration well, located 12m west of the firm’s Rio Grande development in Mississippi Canyon 782, has encountered over 120ft of net pay, mainly crude oil, in two Miocene reservoirs…
Freeport-McMoRan Copper & Gold (FCX) is one of the world’s largest mining companies, but it is expanding its interests in North American oil and gas. FM O&G has about 1200 Houston-based employees, and has additional offices in California…
Oil and Natural Gas Corp. (ONGC) will invest US$9 billion to bring into production several oil and gas discoveries in the Krishna-Godavari basin off India’s east coast. The investment is expected to be complete by 2017-2018.The company has made 11 discoveries in Block KG-DWN-98/2…
New Zealand’s offshore exploration prospects have risen after a renewed interest in the region. Today, Shell New Zealand, and its partners OMV New Zealand and Mitsui E&P Australia, announced plans to drill an exploration well in Production Exploration Permit (PEP) 50119…
US shale oil production will not be a threat to deepwater oil and gas development, an analyst has said today. Steven Kopits, working with Douglas-Westwood in New York, says many investment banks and government agencies have forecast that…
Ophir Energy has said the Mlinzi Mbali-1 well offshore Tanzania has not found commercial hydrocarbons, but will offer 'crucial information' about Block 7, off the east African coast. The well was the first well drilled on Block 7. It…
OptaSense, a specialist in distributed acoustic sensing (DAS), is developing the world’s first fully marinised and qualified DAS system in a joint program with Shell. The OptaSense Subsea-DAS system, which will be deployed in water depths of up to 10…
The Government of the Republic of Trinidad and Tobago invites participation in its 2013 Deep Water Competitive Bid Round for six offshore blocks located in the East Coast Marine Area and Trinidad and Tobago Deep Atlantic Area to be governed by production sharing contract agreements…
Preparations for Europe’s leading annual subsea conference and exhibition are well underway with up to 5000 delegates expected to attend from across the globe, reaffirming the world-leading status of the British subsea supply chain. Subsea…
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