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Regional Reports

Africa

Ophir extends 3D seismic survey to include frontier blocks offshore Gabon

Ophir Energy has signed exploration and production-sharing contracts for two ultra-deepwater blocks offshore Gabon.

Ophir completes drillstem test offshore Equatorial Guinea

Ophir Energy plc has completed a drillstem test on the Fortuna-2 well in block R offshore Equatorial Guinea.

 

Analysts forecast steady deepwater growth

Brazil will account for 32% of deep and ultra-deepwater capex worldwide between now and 2018, according to a report from Infield Systems.

Asia

Thailand plans Feb auction including offshore petroleum concessions

Thailand will host a new auction round next February for petroleum concessions on 29 onshore and offshore blocks.

Cairn plans multiple wells offshore eastern India

Cairn India has updated its offshore activity around the Indian subcontinent.

Ocean Rig, Petrobras ink deal on two UDW drillships

Ocean Rig UDW Inc has signed a $1.1 billion three-year contract with Petrobras to extend a lease on two ultra-deepwater drillships.

Analysts forecast steady deepwater growth

Brazil will account for 32% of deep and ultra-deepwater capex worldwide between now and 2018, according to a report from Infield Systems.

DeepOcean UK completes Chinese subsea piping project

DeepOcean UK has completed work on a Chinese oil and gas project. The work was DeepOcean’s longest pipeline trenching order to date – at 174 km (108 mi) – when it was secured on behalf of China Off...

Australia & New Zealand

Statoil takes an offshore operatorship in Australia

Statoil continues to expand in Australia, with the award of 100% equity share in an exploration permit in the Northern Carnarvon basin on the Northwest Shelf of Australia.

Analysts forecast steady deepwater growth

Brazil will account for 32% of deep and ultra-deepwater capex worldwide between now and 2018, according to a report from Infield Systems.

Hakuryu 11 jackup mobilizes to Gobi-1 well

Nido Petroleum Ltd. announced that the Hakuryu 11 jackup has mobilized to the Gobi-1 well location, offshore Republic of Indonesia.

Manora production stalled as development continues

Tap Oil Ltd.’s planned batch drilling of the first three development wells on the Manora project is ahead of schedule.

CGG nets quartet of 3D marine seismic contracts

CGG has agreed to 3D seismic acquisition of four major surveys using its BroadSeis with BroadSource, marine broadband technology.

Canada

Shell welcomes partners to offshore deepwater Nova Scotia project

ConocoPhillips and Suncor Energy will join Shell as joint venture partners on its deepwater Shelburne basin exploration program.

 

Flemish Pass partners plan further deepwater drilling

Husky Energy and Statoil have secured the semisubmersible West Hercules for an exploration and appraisal campaign this fall in the deepwater Flemish Pass basin offshore Newfoundland & Labrador.

Enegi to drill its first well offshore eastern Canada

The Canada-Newfoundland and Labrador Offshore Petroleum Board has extended Period 1 of an exploration license held by Enegi Oil by one year.

Next-phase Hibernia subsea facilities in place

Detailed engineering and construction continues on the gravity-based structure and topsides for the Hebron platform offshore Newfoundland & Labrador, according to partner Suncor Energy.

Husky gets go-ahead on White Rose development plan

Husky Energy (TSX:HSE) has received regulatory approval on an amended South White Rose field development plan, the third satellite extension at the White Rose field in the Atlantic Region.

Latin America

Analysts forecast steady deepwater growth

Brazil will account for 32% of deep and ultra-deepwater capex worldwide between now and 2018, according to a report from Infield Systems.

Online exclusive: Mexico’s 2015 Round 1 auction bid is approaching

Mexico is slated to host its first public auction bid, Round 1 in 1Q 2015, and expects to see international and private oil firms vie for rights to 109 blocks.

Petronas signs MOUs extending operations in Americas

Petronas has signed agreements with Mexico’s PEMEX and Argentina’s YPF, extending its aspirations for growth in the Americas.

 

Swissco acquires additional rigs for a stronger upstream presence

Swissco Holdings Ltd. has acquired four additional mobile offshore drilling units (MODU), bringing its fleet of rigs to eight.

Perupetro contracts seismic reprocessing from Spectrum

Perupetro, the state oil company of Peru, has contracted Spectrum to reprocess existing 2D offshore seismic data with a view toward an upcoming bid round.

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Middle East

Tamar group negotiates gas deal with Egypt

Delek Group says the offshore Tamar gas field partners have signed a non-binding letter of intent with Dolphinus Holdings.

Analysts forecast steady deepwater growth

Brazil will account for 32% of deep and ultra-deepwater capex worldwide between now and 2018, according to a report from Infield Systems.

TNO conducts Middle East research and development

Dutch research organization TNO is taking on more oil and gas projects in the Middle East from its branch in Qatar.

Iran to announce joint venture proposals in London

The Iranian Petroleum Ministry expects to finalize soon a new model for oil contracts, according to news service Shana.

Eni secures two new blocks offshore Egypt

Eni has been awarded operatorship of two deepwater blocks in the Egyptian sector of the Mediterranean Sea under the latest EGAS bid round.

North Sea & Europe

JAPEX takes UK North Sea license option

JAPEX UK E&P, with financial assistance from Japan Oil, Gas, and Metals National Corp., has exercised a farm-out option agreed on earlier this year with Apache North Sea.

Denmark plans more regular offshore licensing

The Danish Energy Agency (DEA) has received a record 25 applications from 15 oil companies in response to its 7th North Sea licensing round.

DOT 2014: Deepwater BOP/riser can raise fatigue issue on shallow-water well

Some drilling equipment on modern deepwater rigs may not be optimal for wells in shallower water, particularly in harsh environments such as the North Sea.

Drilling technique brings productivity gains

Statoil plans to step up use of Baker Hughes' SureTrak steerable drilling liner (SDL) service on its wells offshore Norway.

Marathon Oil closes sale of Norway business

Marathon Oil Corp. has closed the transaction with Det norske oljeselskap ASA for the sale of Marathon Oil Norge AS for a total transaction value of $2.7 billion.

Russia

More topsides head to V. Filanovsky in Caspian Sea

LUKOIL says transportation has started of the topsides for the riser block to the Vladimir Filanovsky field development in the Russian sector of the Caspian Sea.

Research study to cover offshore northern Russia

A research and development expedition is under way in the White Sea off northern Russia, the aim being to investigate ice and metocean conditions in the Russian arctic.

Frontier study analyzes conditions for future E&P in Russian arctic

The Arctic Research and Design Center (a joint venture of Rosneft and ExxonMobil) has completed its 2014 Kara Sea winter expedition.

Lukoil performs oil spill exercise ahead of Baltic Sea drilling

Lukoil has staged an oil response exercise ahead of exploration and appraisal drilling offshore Russia in the Baltic Sea.

Russian/Azeri E&P venture launched

Rosneft and Azerbaijan’s state oil company SOCAR have signed a joint venture agreement.

US & Gulf of Mexico

Chevron hits oil offshore GoM in Guadalupe prospect

Chevron Corp. made an oil discovery at the Guadalupe prospect in the deepwater US Gulf of Mexico.

BOEM proposes Gulf of Mexico oil and gas lease sale

The Bureau of Ocean Energy Management (BOEM) will offer 40 million acres offshore Louisiana, Mississippi, and Alabama for oil and gas exploration and development in a sale that will include all ava...

Operators advancing deepwater projects with new and existing technologies

Work is proceeding on a number of deepwater production efforts in the Gulf of Mexico, and recent announcements regarding the Big Bend, Dantzler, and Jack/St. Malo projects are providing fresh evide...

Online exclusive: US in ‘transformative moment,’ says ExxonMobil CEO

The United States is in the midst of an historic energy boom, producing 8.5 MMb/d of hydrocarbons, a 50% increase – or roughly 3 MMb/d – compared to 2011, Exxon Mobil Corp.’s CEO, Rex Tillerson tol...

Online exclusive: Mexico’s 2015 Round 1 auction bid is approaching

Mexico is slated to host its first public auction bid, Round 1 in 1Q 2015, and expects to see international and private oil firms vie for rights to 109 blocks.