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Regional Reports

Africa

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.

Eco Atlantic begins 3D seismic survey offshore Namibia

Eco (Atlantic) Oil & Gas Ltd. has begun its planned 1,097-sq-km (424-sq-mi) 3D seismic survey on the Cooper block located in the Walvis basin, ...

Asia

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...

Eni signs two PSCs for offshore Vietnam exploration

Eni has signed two production sharing contracts with PetroVietnam for the exploration of blocks 116 and 124, located off the coast of Vietnam.

 

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.

Australia & New Zealand

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.

AWE updates Bohai Bay exploration drilling

ROC Oil Co. Ltd has updated the current exploration drilling activity for block 09 /05 in the western Bohai Bay basin offshore China.

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

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.

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...

Report indicates record UK decommissioning costs this year

Industry association Oil & Gas UK has unveiled its latest annual forecast for decommissioning activity and expenditure on the UK continental shelf (UKCS).

UK offshore activity quiet, despite modest well increase

Oil and gas companies may be delaying further investments on the UK continental shelf pending further clarity on the sector’s future.

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

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.

TGS wins two new ocean bottom projects in US GoM

TGS has announced the first two ocean bottom projects in the shelf region of the US Gulf of Mexico under its collaboration agreement with FairfieldNodal.