Deepwater Oil Drilling: Latin America

Transparency key to Mexico’s upcoming deepwater block auction, says GlobalData

As Mexico’s recent offshore bidding round for already discovered fields saw bids significantly higher than the minimum set up by the government, adding further transparency to the process would be positive for the round as it approaches its deepwater phase, says an analyst with research and consulting firm GlobalData.

Petrobras proves more oil in presalt Carcará structure

Petrobras’ third well in the presalt Santos basin Carcará area (block BM-S-8) has confirmed the presence of light oil.

Mexico opens its deepwater frontiers to new exploration

Despite enjoying high offshore yields for many years, there is still plenty of untouched potential in Mexico's offshore acreage. 

FPSO Cidade de Itaguaí enters production offshore Brazil

Operating in the Iracema Norte area of Lula field offshore Brazil, the FPSO Cidade de Itaguaí has achieved first oil production five months ahead of the schedule, according to MODEC.

Technical problems slow progress on latest Falklands well

Equipment and operational issues have delayed completion of the Humpback exploration well south of the Falklands, according to partner Falkland Oil & Gas Ltd.

TGS, Fugro to conduct year-long deepwater exploration study offshore Mexico

TGS has authorization from Mexico’s Comisión Nacional de Hidrocarburos to acquire multibeam, coring, and geochemical analysis data over a 600,000-sq km (231,661-sq mi) area offshore Mexico.


The Canada-Newfoundland and Labrador Offshore Petroleum Board has conditionally approved Husky Energy's amended development plan for the White Rose extension project.


Shell aimed to re-start exploration drilling offshore Alaska last month, assuming sea ice had cleared.

Wood Group to review future PEMEX field needs

PEMEX Procurement International has awarded Wood Group a three-year offshore engineering contract for field development in Mexico’s Gulf of Mexico waters.

Second floater goes online at Iracema North offshore Brazil

The Cidade de Itaguaí FPSO has started production on the Iracema North area of the Lula field in the Santos basin block BM-S-11. 


Exploring Shell’s FLNG technological advances and opportunities

As the offshore industry looks to develop remote and stranded natural gas fields, the use of floating liquefied natural (FLNG) vessels has become a...
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Assessing Mexico’s new offshore oil & gas exploration opportunities

When Mexico’s historic energy reform legislation became law on Dec. 21, 2013, it opened the country to foreign investment in its oil and gas sector...

Anadarko’s decommissioning of the first-ever cell spar in the Gulf of Mexico

The Red Hawk spar made history throughout its design life, commissioned and decommissioned as the first of its kind. Heralded as the first cell spa...
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