Brazil will auction crude-exploration blocks on Wednesday for the first time since a colossal corruption scandal crippled the nation’s oil industry and forced state-run Petroleo Brasileiro SA to scale back investments.
Fugro, in conjunction with long-time associates, Diavaz, has been awarded an extension of the ongoing offshore geophysical and geotechnical campaign by Pemex.
The value of BP Plc’s settlement with the U.S. government and five Gulf states over the Deepwater Horizon oil spill will rise to $20.8 billion, an increase of $2 billion from an agreement reached in July, said the U.S. Department of Justice.
Shell Nigeria Exploration and Production Company (SNEPCo) has started production from the Bonga Phase 3 project.
Technip has been awarded a contract by Shell Offshore for the development of subsea infrastructure for the Stones project. Included in the service are two subsea production tie-backs to the FPSO vessel.
Eni won with a 100% share a production sharing contract to appraise, develop and exploit the oil fields of Amoca, Miztón e Tecoalli, located in the Area 1 in the Campeche Bay, offshore Mexico, following an international auction held yesterday in Mexico City.
An operator contracted T.D. Williamson (TDW) to perform simultaneous isolations on a platform’s 10-in oil pipeline and 14-in natural gas pipeline.
Aker Solutions has been awarded a contract by Murphy Sabah Oil Co. to deliver the subsea production system for the Rotan deepwater natural gas development offshore Malaysia.
ITC Global, a leading provider of satellite communications to remote and harsh environments, announced today that it has been awarded a multi-million dollar contract by Copenhagen, Denmark-based Maersk Drilling.
Mexico needs to attract significant interest to salvage a bidding round hampered by delays and low oil prices, with Phase 4 of the current Round 1 licensing process offering the country’s first deepwater assets, says research and consulting firm GlobalData.
Freeport-McMoRan Inc. has announced positive drilling results from the Freeport-McMoRan Oil & Gas (FM O&G) 100% owned Horn Mountain Deep well in the deepwater Gulf of Mexico.
Baker Hughes has announced the commercial release of its DeepShield deepwater safety valve, the industry’s first V1-validated subsurface safety valve tested to help ensure fail-safe operations as defined in the new API Spec 14A.
Wood Group has been awarded a contract with Marine Well Containment Company (MWCC) to provide an operator training simulator; supporting training for containment in the event of a deepwater well control incident in the Gulf of Mexico.
The extensive regulatory impact of the Macondo well blowout is evident in the stringent rules the U.S. Bureau of Safety and Environmental Enforcement (BSEE) has implemented for high-pressure/high-temperature (HPHT) wells being drilled and completed in the Gulf of Mexico.
Vallourec delivers 14,000 tons of premium tubes in the scope of a contract with Hess Corporation for the Stampede project in the U.S. Gulf of Mexico.
FMC Technologies, Inc. has received an award from Shell Offshore for its Appomattox deepwater development in the Gulf of Mexico.
Technip USA, Inc., and Samsung Heavy Industries (SHI), Ltd. have entered into an agreement to develop a joint design of a low motion semisubmersible production platform.
UK subsea companies will be heading to Mexico at the end of this week on a trade mission, which aims to match British expertise with the requirements of the emerging oil and gas sector in Latin America’s second largest economy.
OneSubsea, a Cameron and Schlumberger company, has been awarded a front-end engineering and design (FEED) contract for the Greater Enfield Area Development offshore northwest Australia.
Exxon Mobil announced Wednesday that its subsidiary, Esso Exploration and Production Nigeria Limited, has started oil production ahead of schedule at the Erha North Phase 2 project offshore Nigeria.