Offshore Magazine

Most Recent Deepwater Oil Drilling

Venari Resources receives $1-billion investment from private equity firms

Venari Resources LLC has announced that Warburg Pincus, Kelso & Co., Temasek, and The Jordan Co. have agreed to make an investment of up to $1.125 billion in the company.

Spartacus in GoM dry for Anadarko

Anadarko Petroleum Corp.’s (NYSE:APC) Gulf of Mexico exploration well at the Spartacus prospect came up dry, according to reports by Dow Jones.

TGS starts Independence 3D WAZ survey in GoM

TGS has begun a 3D multi-client, wide-azimuth seismic survey over 3,500 sq km (1,351 sq mi) in the Gulf of Mexico.

ABB to supply propulsion, electric power to new deepwater pipelay vessels

Daewoo has contracted ABB to supply $18 million in propulsion and electric power systems for two newbuild offshore pipelay vessels ordered by Technip and Odebrecht Oil & Gas for use offshore Brazil for Petrobras.

BG hits for fifth time in deepwater offshore Tanzania

BG Group has its fifth consecutive gas discovery offshore Tanzania.

Eni adds to deepwater Mozambique gas reserves

Eni (MI:ENI;NYSE:E) has a new gas discovery offshore Mozambique at the Coral 1 well in Area 4.

Anadarko scores more gas in deepwater offshore Mozambique

Anadarko Petroleum Corp. (NYSE:APC) has discovered a “major” new natural gas reservoir in Offshore Area 1 of the Rovuma basin, Mozambique.

Deepwater seismic activity spreads through West, East Africa

African Petroleum (NSX:AOQ) has contracted Prospector Pte (BGP Marine) to acquire seismic surveys on two blocks offshore Cote d’Ivoire.

Murphy contracts McDermott for deepwater Malaysia oil development

McDermott International Inc. (NYSE: MDR) subsidiary Berlian McDermott Sdn Bhd has won a contract for subsea engineering, procurement, construction, transportation, installation, and commissioning in deepwater offshore Malaysia.

BSEE Director outlines path forward at OTC

Bureau of Safety and Environmental Enforcement Director James A. Watson delivered remarks in early May at the Offshore Technology Conference in Houston, Texas.

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