Deepwater ///

BHP approves Atlantis Phase 3 project

The BHP Board has approved $696 million (BHP share) in funding to develop the Atlantis Phase 3 project in the U.S. Gulf of Mexico. This follows sanction by BP, as the operator, of the Atlantis Phase 3 project, announced in January 2019.

Rowan executes contract with Petronas Mexico for Rowan Renaissance

Rowan Companies plc has announced that the Rowan Renaissance, an R-Class ultra-deepwater drillship, has been awarded a one-well contract in Mexico by PC Carigali Mexico Operations, S.A. de C.V. for an estimated duration of 80 days that is expected to commence in the second quarter of 2019.

Sentinel Midstream plans deepwater crude oil export facility near Freeport, Texas

Sentinel Midstream has announced its planned development of Texas GulfLink, a proposed Deepwater Crude Oil Export Terminal, located near Freeport, Texas

ConocoPhillips’ Greg Leveille sees rapid trajectory of technical advancement continuing

Kurt Abraham, World Oil

In an exclusive interview with World Oil Editor-in-Chief Kurt Abraham, ConocoPhillips Chief Technology Officer Greg Leveille discusses the technical issues facing global E&P, particularly as relates to the many U.S. unconventional plays

What's new in exploration

William (Bill) Head, Contributing Editor

The status of airguns and alternatives

World of oil and gas

Emily Querubin, World Oil

The Huizhou 32-5 oil field comprehensive adjustment/Huizhou 33-1 oil field joint development project reportedly started production.

South Africa's major offshore discovery opens prospect of drilling boom

South Africa’s first deep-water discovery may prompt a rush of activity as the country works to cut its reliance on imported fuels.

Seadrill signs new JV with Sonangol, Angola

Seadrill Limited has announced that it has entered into a 50:50 joint venture with Empresa de Serviços e Sondagens de Angola Ltda, an affiliate of Sonangol E.P.

Deep Sea Mooring announces multi-year agreement with Diamond Offshore

Vryhof, a partner to many of the offshore industry’s leading companies and its mooring business - Deep Sea Mooring (DSM), today announced the signing of a multi-year agreement with Diamond Offshore.

McDermott awarded EPCI subsea tie-back contract for Stonefly development

McDermott International, Inc. has announced a sizeable contract award by LLOG Exploration Company, L.L.C. for deepwater subsea pipeline tiebacks and structures from the Stonefly development to the Ram Powell platform.

'Gas, of course' proclaims NPD director general

The Aasta Hansteen gas field began production on Dec. 16 as the first development in the northern Norwegian Sea.

Oil majors to increase offshore spending

After four years of cutbacks, oil companies are poised to develop new offshore fields, although the benefits won’t be spread equally across the OFS sector.

Danos, Equinor sign major contracts

Danos has secured a contract with Equinor for production operation support on its Titan SPAR platform, located in the deepwater Gulf of Mexico.

BP plans significant growth in deepwater Gulf of Mexico

BP has approved a major expansion at the Atlantis field in the U.S. Gulf of Mexico and has also identified significant additional oil resources that could create further development opportunities around the production hubs it operates in the region.

U.S. BLM issues offshore drilling permits despite shutdown

The partial U.S. government shutdown has docked fishing boats in Alaska, delayed public meetings on a proposed wind farm off the Massachusetts coast and blocked pharmaceutical companies from seeking approval for new drugs.

Equinor's digital operations support centers help boost production

Two centers have been opened at Sandsli in Bergen by the petroleum and energy minister, Kjell-Børge Freiberg.

Halliburton President and CEO Jeff Miller appointed as chairman of the board

Halliburton Company has announced its board of directors has appointed Jeff Miller, the company’s president and CEO, as chairman of the board, effective Jan. 1, 2019.

Transocean Ltd. awarded $830 million drilling contract for ultra-deepwater drillship

Transocean Ltd. has announced that it has signed a rig design and construction management contract, as well as a five-year drilling contract, with Chevron USA, Inc. for one of its two dynamically positioned ultra-deepwater drillships currently under construction at the Jurong shipyard in Singapore.

Exxon in `bull's-eye' as worst year since Reagan nears end

Things haven’t been this bad for the world’s biggest oil stock since Ronald Reagan became president. But brace yourself, 2019 may not be much better.

BP announces FID for Phase 1 of the cross-border Greater Tortue Ahmeyim development

BP and partners today announced that the Final Investment Decision (FID) for Phase 1 of the innovative cross-border Greater Tortue Ahmeyim development has been agreed.