WorldOil Shell reports large deepwater discovery in U.S. Gulf of Mexico Shell Offshore, Inc. has announced a large deepwater discovery in the Norphlet geologic play in the U.S. Gulf of Mexico with its Dover well (100% Shell). Exxon CEO's solution on shares: Drill big, drill better Darren Woods is mounting a strong defense of his plan to rescue ExxonMobil from its share-price slump with a multi-billion-dollar investment spree that’s at odds with the belt-tightening undertaken by rivals. Faroe Petroleum commits to Brasse East exploration well Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce the commitment by the PL740 Brasse Joint Venture partners (Faroe 50% and operator and Point Resources 50%) to drill the Brasse East exploration well and award the associated rig contract, with commencement of drilling operations expected in fourth-quarter 2018. Mexico drillers sign first farm-out deal without state oil giant Two upstart Mexican drillers have signed the first farm-out deal in Mexico’s oil sector that doesn’t include state company PEMEX. SDX Energy's Kelvin-1X well disappoints in Egypt SDX Energy's Kelvin-1X well dissapoints in Egypt Aker BP granted drilling permit for appraisal wells southeast of Alvheim field The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for well 25/4-12 S and well 25/4-12 A, cf. Section 15 of the Resource Management Regulations. Kosmos Energy to re-spud Suriname wildcat Kosmos Energy has provided an update on current activity in Suriname. GEODynamics introduces professional grade perforating systems GEODynamics’ Engineered Perforating Solutions Division has introduced FracIQ PRO, a revolutionary perforating system tailored for multi-stage plug-and-perf operations. Azinam to execute multi-well drilling campaign offshore Namibia Azinam Limited, the Seacrest Capital Group backed explorer focused on offshore Namibia, is pleased to announce that it is planning a multi-well drilling campaign over the next 24 months. Echo Energy reports gas discovery at first of four exploration wells in Argentina Echo Energy plc, the Latin American focused upstream oil and gas company, has announced the successful completion of the ELM-1004 exploration well drilling at the Company's Fracción C asset, onshore Argentina, and a gas discovery for the first well in its four-well exploration campaign.