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Petrobras offers clarifies presalt layer production definitions

Petrobras notes that the National Oil, Gas and Biofuels Agency (ANP) has a presalt production concept that differs from the company’s version.

Caesar Systems allies with Portfolio Decisions on risk-integrated workflows

Caesar Systems has formed a strategic alliance with Portfolio Decisions to offer risk-integrated workflows, from asset development to portfolio management and executive strategy.

Nido service contract extended in Baragatan prospect

Nido Petroleum Ltd. has secured a one-year extension from the Philippine Department of Energy to continue exploration work for Service Contract 63 in the Baragatan prospect off Philippines' Palawan...

Noble Energy makes new discovery in deepwater Gulf of Mexico

Noble Energy has made a new discovery at the Dantzler exploration well in the deepwater Gulf of Mexico, where wireline logging data indicate that the well has encountered over 120 net ft (37 net m)...

Madagascar consents to Ambilobe basin farm-out

Sterling Energy (UK) Ltd., a wholly owned subsidiary of Sterling Energy Plc, has executed a farm-out agreement with Pura Vida Mauritius for the production sharing contract on the Ambilobe block, of...

Swedish rig specialist sold to Chinese group

Broker and investment specialist Bassoe Group has sold rig designer Bassoe Technology to CIMC Offshore.

Heerema expands Polish offshore fabrication complex

Heerema Fabrication Group (HFG) has opened a new fabrication facility in southern Poland.

Petrofac and Taleveras sign MOU with NPDC

Petrofac and Taleveras Energy Resources Ltd. will provide financial, technical, and capacity and capability building support for Nigerian Petroleum Development Co. Ltd.’s offshore block OML119.

Hess contracts Wood Group Mustang for Stampede FEED

Wood Group Mustang has a contract to provide front-end engineering design (FEED) services for Hess Corp.'s Stampede TLP to be located in 3,500 ft (1,067 m) of water in the Gulf of Mexico’s Green Ca...

Seadrill sells West Leo and West Sirius

Seadrill Ltd. has agreed with Seadrill Partners to sell the West Leo semisubmersible drilling rig to Seadrill Operating LP, and its West Sirius semi drilling rig to Seadrill Capricorn Holdings LLC.