Offshore Engineer Deepwater News

 

BP Sanctions latest Thunder Horse expansion

May 06, 2019

BP is set to go ahead with its Thunder Horse South Expansion Phase 2 project in the deepwater Gulf of Mexico after announcing project sanction. Thunder Horse Expansion Phase 2 will boost output at one of the largest oil fields in the Gulf of Mexico by about 50…

Kosmos to Sell Down Mauritania-Senegal Stakes

May 06, 2019

Oil and gas company Kosmos Energy Ltd said on Monday it has started a formal process to sell down its interest in the Mauritania-Senegal basin to around 10 percent and expects bids by the end of the summer.The company said in February it had…

Oxy Revises Bid for Anadarko

May 06, 2019

Occidental Petroleum Corp has revised its bid for Anadarko Petroleum Corp. increasing the amount of the US$38 billion deal that it would pay in cash. The Houston-headquartered firm's move is part of its bid to overthrow Chevron's $33 billion offer for Anadarko…

Expro Launches Two New Well Access Solutions

May 06, 2019

UK-based oilfield services firm Expro has added two new well access solutions to its its subsea intervention capabilities; an Intervention Riser System and a Riserless Well Intervention system. These two technologies are in addition to Expro's established subsea landing string system technologies…

Modus Acquires Second Sabertooth HAUV

May 06, 2019

UK-based underwater vehicle services company Modus Seabed Intervention has agreed with Saab Seaeye to buy its second Sabertooth hybrid autonomous underwater vehicle (HAUV).The 3,000-meter rated Sabertooth will be equipped with extended autonomous…

Oxy Would Sell Anadarko’s Africa Assets to Total

May 05, 2019

France's Total SA said on Sunday it has agreed with Occidental Petroleum Corp to acquire the African assets of Anadarko Petroleum Corp for $8.8 billion, should the two U.S. oil and gas companies clinch a deal to combine.The agreement with Total…

Exxon Funds Liza Phase 2 off Guyana

May 03, 2019

ExxonMobil has funded the Liza Phase 2 development offshore Guyana after it received government and regulatory approvals, the supermajor announced on Friday.Exxon said startup at Liza Phase 2 is expected in mid-2022, producing up to 220,000 barrels of oil per day from the deepwater Stabroek Block…

Mero Field E&P Procurement Heating Up Market

May 02, 2019

The development of the Mero field, part of the Libra pre-salt complex offshore Brazil, has opened a range of opportunities for equipment and services in the oil and gas sector in the South American country. A range of equipment from wet x-mas trees…

Lankhorst Mooring Lines for Energean Power

May 01, 2019

Deepwater mooring rope manufacturer Lankhorst Offshore announced Wednesday it has been awarded a contract by TechnipFMC to supply the mooring lines for the Energean Power floating production, storage and offloading unit (FPSO) for the Karish and Tanin gas fields…

Repsol, LLOG to Partner on Deepwater US Gulf Developments

May 01, 2019

The U.S.-based exploration and production company LLOG Exploration Offshore and  Spanish oil company Repsol announced the signing of an Asset Exchange and Joint Participation Agreement in the deepwater Gulf of Mexico.The agreement provides for…

Gambia Inks Oil Exploration Deal with BP

Apr 30, 2019

BP has signed a deal to explore for oil and gas off Gambia's coast in a potential economic boon for the tiny West African country, although another producer says it owns the rights to the same licence.BP was awarded the licence to the A1 block…

Aker Completes Appraisal Drilling off Ghana

Apr 29, 2019

The offshore oil and gas operator Aker Energy Ghana, as the operator of the Deepwater Tano Cape Three Points (DWT/CTP) block, announces that is has concluded its appraisal drilling campaign offshore Ghana.The Company is currently working on a revised Plan for Development and Operations (PDO)…

OKEA Bags Drilling Contract for Deepsea Nordkapp

Apr 29, 2019

Norwegian oil and gas company OKEA has secured the Odfjell Drilling-owned semi-submersible rig Deepsea Nordkapp to drill for upside opportunities within and surrounding the Draugen field offshore Norway.The drilling operation is expected to commence in Q4 2019…

Exxon Eyes Brazil Transfer-of-rights Area

Apr 26, 2019

ExxonMobil Corp is studying a possible purchase of production rights in Brazil's so-called transfer-of-rights area - one of the world’s most promising offshore oil areas - although no decision has yet been made on the matter, an executive said on Friday…

Case Study: iEPCI at Karish

Apr 25, 2019

An integrated approach to subsea services is the driving force behind a major project being performed by UK-based TechnipFMC at the deepwater Karish field, offshore Israel, in the Mediterranean Sea.The integrated engineering, procurement, construction…

Current News

White Rose to Resume Full Production

White Rose to Resume Full Production

Hunting Acquires RTI Energy Systems

Hunting Acquires RTI Energy Systems

PGNiG to Drill Shrek Wildcat

PGNiG to Drill Shrek Wildcat

ExxonMobil Planning Exit from UK North Sea

ExxonMobil Planning Exit from UK North Sea

Safe Boreas Extended at Mariner

Safe Boreas Extended at Mariner

Kosmos Hires Maersk Voyager

Kosmos Hires Maersk Voyager

Suriname Seeking Funds for Offshore Exploration

Suriname Seeking Funds for Offshore Exploration

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