BOEM Director Abigail Ross Hopper announced Friday that the bureau will offer 23.8 million acres offshore Texas for oil and gas exploration and development in a milestone lease sale that will include all available unleased areas in the Western Gulf of Mexico Planning Area.
Noble Energy has started production at the company's Gunflint oil development in the deepwater Gulf of Mexico.
2H Offshore, an Acteon company, has announced the appointment of Yann Helle as managing director.
Lundin Norway, a wholly owned subsidiary of Lundin Petroleum, has commenced its 2016 exploration and appraisal campaign in the Loppa High area in the southern Barents Sea. The campaign will be carried out by the Leiv Eiriksson semisubmersible.
Keppel Corp., the world’s largest builder of oil rigs, posted a 48% drop in second-quarter profit as oversupply led to delivery delays for offshore projects, and said it doesn’t expect demand for rigs to return soon.
First Subsea has supplied a relatchable bend stiffener connector to NOV Completion & Production Solutions for a flexible production riser for Statoil’s Gina Krog, turret moored, Floating Storage and Offloading (FSO) vessel in the Norwegian sector of the North Sea.
On June 27, Visuray performed the first downhole X-ray diagnostic operation offshore Norway for Statoil.
The CGG Amadeus has commenced an 884 sq km 3D seismic acquisition program in the G10/48 contract area in the Gulf of Thailand, KrisEnergy said Tuesday. The program, which was awarded to CGG Services, is expected to last 41 days.
The pace of North Sea oil-field shutdowns is picking up as the impact of the market slump is compounded by the uncertain investment environment created by Brexit.
Hyundai Heavy Industries (HHI), the world’s largest shipbuilder and a leading offshore facilities manufacturer, has delivered Ocean Greatwhite, the world’s largest semisubmersible rig, to Diamond Offshore.
Sembcorp Marine has delivered the world’s largest jackup rig to Noble Corporation.
Turmoil in the oil market gave Fred Jones his start in the energy business four decades ago. Now he’ll be hoping turmoil in the gas market doesn’t sour his new venture.
Faroe Petroleum has conditionally agreed to acquire a package of interests in producing Norwegian oil & gas assets from DONG E&P Norge.
The U.S. Bureau of Ocean Energy Management (BOEM) has notified companies holding oil and gas leases in federal waters that it is updating financial assurance and risk management requirements to ensure that taxpayers never have to pay for decommissioning and removing a company’s offshore production facilities.
Fugro has been awarded a geotechnical site investigation contract by ONGC India for the KG-DWN-98/2 project on the East Coast of India.
Keppel AmFELS, a wholly owned subsidiary of Keppel Offshore & Marine in the U.S., has delivered Uxpanapa, a KFELS B Class jackup rig, to Mexico's Central Panuco, a subsidiary of Mexico's Perforadora Central S.V. De C.V.
Oil traders increased the fleet of ships deployed in the North Sea to store crude, the latest sign of faltering demand that has triggered the biggest buildup of stockpiles at sea since 2009.
Marathon Oil has achieved first gas production through its new Alba B3 offshore compression platform off Equatorial Guinea.
ConocoPhillips has entered into an agreement to sell its 35% interest in three exploration blocks offshore Senegal, which include the SNE and FAN discoveries.
Weatherford International's new model WUDP-10 deep-set safety valve has been certified to V1 standards under the American Petroleum Institute (API) Specification 14A.