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Online exclusive: Libya looks to revive offshore E&PForeign oil companies are keeping an open mind on Libya despite the country’s domestic turmoil. |
Hess updates offshore operationsHess Corp. recently reported operational highlights for 2Q 2014. |
Eco Atlantic set to acquire interest in block offshore Ghana
Eco (Atlantic) Oil & Gas Ltd reports that the Parliament of the Republic of Ghana has ratified a petroleum agreement pursuant to which the comp...
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PetroChina to replace ROC as Zhao Dong operator offshore ChinaROC Oil has started detailed well planning for an exploration drilling program in block 09/05 in Bohai Bay offshore China. |
Hess updates offshore operationsHess Corp. recently reported operational highlights for 2Q 2014. |
WorleyParsons signs MOU with Wilson Offshore & Marine to jointly pursue projects
WorleyParsons Services Pty Ltd. has signed a memorandum of understanding (MOU) with Wilson Offshore & Marine to jointly pursue the execution and delivery of ship-shaped floating LNG, FPSO, and ...
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Infield sees subsea market growth over next five yearsThe “Global Perspectives Subsea Market Report to 2018” by Infield predicts that capex in the segment will grow by 6.72% over the time span. |
ONGC reports on redevelopment plans, new discoveryONGC plans to redevelop its offshore field Mumbai High (North), which will lead to an incremental gain of 7 MM metric tons (7.7 MM tons) of crude oil and 5.253 bcm (1.86 MMcf) of gas by 2030. |
Apache hits gas at Phoenix South-1Carnarvon Petroleum Ltd. reports that gas and indications of associated liquid hydrocarbons were observed in the Phoenix South-1 well, offshore Western Australia. |
Apache explores Phoenix-1 in Western AustraliaCarnarvon Petroleum Ltd has reported that the consortium continues to explore the Phoenix South-1 well in permit WA-435-P on the northwest shelf offshore Western Australia. |
ConocoPhillips, Karoon Gas make gas discovery at Pharos-1 in the Browse basinKaroon Gas Australia Ltd, a partner in the WA-398-P block, has stated that movable hydrocarbons were detected in the Pharos-1 well in the Browse basin offshore Western Australia. |
WorleyParsons signs MOU with Wilson Offshore & Marine to jointly pursue projects
WorleyParsons Services Pty Ltd. has signed a memorandum of understanding (MOU) with Wilson Offshore & Marine to jointly pursue the execution and delivery of ship-shaped floating LNG, FPSO, and ...
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Woodside keen to explore offshore Lake TanganyikaWoodside has finalized an agreement to farm-in to the Lake Tanganyika basin in western Tanzania. |
Shell welcomes partners to offshore deepwater Nova Scotia projectConocoPhillips and Suncor Energy will join Shell as joint venture partners on its deepwater Shelburne basin exploration program.
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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.
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Enegi to drill its first well offshore eastern CanadaThe 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 placeDetailed 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 planHusky 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. |
Rosneft outlines offshore Venezuela collaborationRosneft has agreed to cooperate with PDVSA on two development programs offshore Venezuela. |
ANP approves Petrobas’ plan to upgrade Marlim fieldThe National Agency of Petroleum, Natural Gas and Biofuels (ANP) has approved a plan for Petrobras to renew its development plan for the Marlim field offshore Brazil. |
Colombia’s oil auction brings in $1.4B in investmentRoyal Dutch Shell Plc, Exxon Mobil Corp, Anadarko Petroleum Corp, and Repsol SA were among the 19 companies bidding on 26 of 95 blocks offered by Colombia. |
Statoil awarded license offshore ColombiaStatoil has been awarded interest in the COL4 license offshore Colombia in the Caribbean Sea in the 2014 Colombia Licensing Round. |
Click here to subscribe to the free Offshore Weekly Report
Every week, Offshore Industry Update delivers the latest information on offshore oil and gas operations and deep offshore markets directly to your email inbox.
Infield sees subsea market growth over next five yearsThe “Global Perspectives Subsea Market Report to 2018” by Infield predicts that capex in the segment will grow by 6.72% over the time span. |
Zubara authorized to drill offshore SharjahSharjah’s government has extended Lime Petroleum subsidiary Zubara Petroleum’s concession agreement for the Sharjah Offshore block in the UAE. |
Success of Lebanon’s first bidding round yet to be determined
With attractive exploratory potential, the Levant basin, offshore Lebanon, presents an opportunity in the promising eastern Mediterranean region, says an analyst with research and consulting firm G...
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Eni, KMG form joint venture in KazakhstanKazMunayGas (KMG) and Eni have signed an agreement for an exploration and production concession in the northern Caspian Sea. |
Dynamic receives Saudi Arabian licenseDynamic Industries International LLC received a license to operate from the Saudi Arabian General Investment Authority (SAGIA). |
Antrim finds numerous leads in Skellig offshore IrelandAntrim Energy has detailed prospective hydrocarbon resources in frontier exploration license 1/13 in the Porcupine basin offshore southwest Ireland. |
Hess updates offshore operationsHess Corp. recently reported operational highlights for 2Q 2014. |
NPD grants Statoil drilling permitThe Norwegian Petroleum Directorate has granted Statoil ASA a drilling permit for wellbore 7324/9-1, situated in production license 614. |
Survey to analyze UK offshore labor marketOil & Gas UK, OPITO, and the UK’s Department for Business, Innovation & Skills (BIS) have commissioned EY to “map” the UK upstream oil and gas labor market. |
TGS announces multi-client seafloor sampling and seep studies
TGS reports two multi-client geochemical seafloor sampling and seep studies, one offshore Canada and the other in the Barents Sea. Sampling locations for both programs were identified, using recent...
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Frontier study analyzes conditions for future E&P in Russian arcticThe 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 drillingLukoil has staged an oil response exercise ahead of exploration and appraisal drilling offshore Russia in the Baltic Sea. |
Russian/Azeri E&P venture launchedRosneft and Azerbaijan’s state oil company SOCAR have signed a joint venture agreement. |
Russian giants strengthen E&P tiesGazprom and Lukoil have signed a general agreement for a strategic partnership that runs until 2024. |
Sakhalin-1 partners outline LNG project goalsRosneft and ExxonMobil have decided to extend their strategic agreement on implementation of the (Russian) Far East LNG project. |
Ecopetrol starts GoM oil production with Murphy OilEcopetrol has begun producing crude oil from two Dalmatian field wells in the Gulf of Mexico operated by its partner Murphy Exploration & Production Co., according to Reuters. |
BOEM extends time for comments on next five-year lease plan
The Bureau of Ocean Energy Management (BOEM) has extended until Aug. 15 the public comment period for the Request for Information and Comments on the Preparation of the 2017-2022 Outer Continental ...
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Hess updates offshore operationsHess Corp. recently reported operational highlights for 2Q 2014. |
BOEM calls for 2017 Beaufort Sea lease sale area nominationsThe Bureau of Ocean Energy Management has issued a call for information and nominations for a potential lease sale offshore Alaska. |
BOEM spells out GoM leases on offer in next sale
The Bureau of Ocean Energy Management plans to offer 21 million acres offshore Texas in a lease sale that will include all the available unleased areas in the Western Gulf of Mexico Planning Area.
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