Africa-focused explorer Tower Resources says the down turn will offer it an opportunity to leverage lower seismic acquisition and drilling costs after is signed the shallow water Thali Production Sharing Contract (PSC), offshore Cameroon…
A new report from the US Bureau of Safety and Environmental Enforcement (BSEE) blamed the crew working Walter Oil & Gas’ South Timbalier Block 220 Well A-3, 55mi off Louisiana, for a well control incident that caused a blowout and fire onboard…
Japan’s Agency of Natural Resources and Energy has chosen Tokyo-based operator Inpex to drill an exploratory well in the country’s offshore waters in the Sea of Japan. Exploratory drilling will take place from May to August 2016, 80-86mi…
Image: Jascon 31/Sea Truck Group Sea Trucks Group has won a charter for the Jascon 31 in the Gulf of Mexico. The DP3 accommodation construction vessel will start sailing soon from West Africa to the Gulf of Mexico…
The Talos Energy, Sierra Oil & Gas, and Premier Oil joint venture was the only winner at Mexico’s historic Round One, in which the consortia was awarded two blocks. Map of Blocks 2 and 7. From Premier…
Mexico’s National Hydrocarbons Commission (CNH) opened the first public tender process early this morning (15 July) in the country's historic and disappointing Round One that offered Mexico's upstream opportunities to international companies for the first time in decades…
Mexico’s national oil company Petróleos Mexicanos (PEMEX) is joining a list of international oil and gas companies by opting out of Mexico’s historic Round One. Image from PEMEX. At an event in Mexico City…
Mexico’s Comisión Nacional de Hidrocarburos (CNH) revealed that four companies have opted to withdraw from the country’s historic Round One in the southern Gulf of Mexico, according to a Reuters report. Image from Pemex…
Saudi Aramco achieved a landmark by energizing its largest tie-in platform with a 46km-long, 230kV submarine composite cable, the longest of its kind. The tie-in platform, TP-20, lies in the world’s largest offshore oil field, Safaniya…
Fossil Oil is planning a new drilling project named Fossil-North Eagle Bay Offshore JV – I – 2015 offshore Texas. The project involves directionally drilling a lower risk offshore prospect in 12ft of water to a depth of 14,800ft to potentially…
Umbilicals International (UI), part of the Seanamic Group, has invested over US$2 million in new cable manufacturing lines at its Houston production facility. The two lines will streamline cable production, and marks a significant expansion…
Fugro is providing wave measurements to support construction operations at an improved oil recovery (IOR) project on the Norwegian continental shelf, around 225km west of Stavanger. The subsea infrastructure on the Alvheim field…
Supermajors Chevron and ExxonMobil were two of 26 companies, both privately and in consortia, that have earned the right to submit bids for Mexico’s Round 1 to be held on 15 July, the country’s National Hydrocarbons Commission (CNH) announced on 25 May…
Bruce Crager profiles some of the floating production vessels already being used offshore Mexico, and highlights what is yet to come. FPSO Yùum K’ak’Náab is currently operating in the KMZ oilfield in the Bay of Campeche…
Senator Mike McGuire’s office is creating legislation to ban oil and gas drilling off the coast of California. The SB 788 Coastal Protection Act will close a loophole that could allow oil and gas developments in coastal waters. According to McGuire…
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