Husky progressing Atlantic Canada expansion projectsHusky Energy has provided an update on its E&P activities offshore eastern Canada. |
WorleyParsons, Fluor to manage Hebron topsides constructionExxonMobil Canada Properties has contracted WorleyParsons for the topsides on the Hebron project offshore Newfoundland and Labrador. |
Shell gets deepwater exploration tracts offshore Nova ScotiaThe Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) has awarded to Shell Canada Ltd. exploration rights for four deepwater parcels offshore southwestern Nova Scotia. |
US, Canada complete step in Arctic Ocean continental shelf identificationA fourth joint project to map the Arctic Ocean continental shelf by the United States and Canada is now complete. |
Statoil joins Cairn in two exploration licenses offshore GreenlandStatoil has acquired 30.625% working interest in Cairn Energy’s Pitu license in Baffin Bay offshore western Greenland. |
Statoil details Canada exploration programsStatoil has concluded agreements with Chevron and Repsol related to exploration offshore eastern Canada. |
North AmericaHusky Energy has started production from a two-well pilot scheme on the West White Rose field offshore Newfoundland. |
Statoil heads group winning permits offshore CanadaStatoil, Chevron Canada, and Repsol E&P Canada together are the successful bidders for exploration permits on two parcels of the Flemish Pass basin offshore Newfoundland and Labrador. |
Petrotechnics says Sentinel PRO system to be deployed offshore CanadaPetrotechnics has announced the major deployment of its Sentinel PRO system across 13 installations for a major oil and gas operator in Canada. |
South America
Gazprom and PDVSA are discussing a joint development of the Robalo gas field in the Gulf of Venezuela. The two companies have signed a memorandum of understanding which sets out conditions for the ...
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Frontier areas draw new attention, more spendingHigh on the list of frontier areas beckoning explorers are the Arctic offshore regions bordering the US, Canada, Europe, and Russia, with growing interest in Greenland. |
South America
Tullow Oil has proven a new play off French Guiana with the Zaedyus oil discovery. The semisubmersible ENSCO 8503 drilled the well in 2,048 m (6,719 ft) water depth, 150 km (93 mi) northeast of Cay...
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Global Update
Asia will lead the way in fixed platform activity over the next five years, according to a new Global Perspectives report from Infield Systems.
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North America
Eight deepwater tracts are now available for exploration off Nova Scotia. The Canada – Nova Scotia Offshore Petroleum Board is inviting bids from companies that have experience drilling wells...
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Premier joins Antrim in Erne probeAntrim Energy has agreed to farm out part of its Erne prospect in the Greater Fyne Area in the UK central North Sea to Premier Oil. |
Report highlights growth in ultra-deepwater wells
Subsea expenditure worldwide could exceed $94 billion over the next five years, according to Infield's latest Subsea Market Report. The top 10 oil companies will likely account for over three-quart...
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Nova Scotia calls for offshore tract bidsThe Canada-Nova Scotia Offshore Petroleum Board has issued Call for Bids NS11-1 for eight deepwater parcels off Nova Scotia. |
COP set to lift stake in UK blockCanadian Overseas Petroleum (COP) has signed a North Sea farm-in agreement with SSE E&P UK. |
North America
FMC and Technip have won the main subsea engineering contracts for the Hibernia field Southern Extension project off eastern Canada. FMC will provide up to six subsea injections trees and wellheads...
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MENA pitches to operate Egyptian concessionMENA Hydrocarbons has agreed to take a 55% interest in an Egyptian offshore development lease, 60 km (37 mi) from the Mediterranean coast. |
COPL agrees terms for Liberia blockCanadian Overseas Petroleum (COPL) is set to acquire a 100% interest in Block LB-13 offshore Liberia from Peppercoast Petroleum for $85 million. |
Maclure partners block sale to IthacaIthaca Energy has had to adjust its recent sale and purchase agreement with Hess concerning field interests in the UK North Sea. |
Arctic capex set to rise, report says
The world’s Arctic/sub-Arctic regions hold reserves of over 130 Bboe, according to a new report from Infield Systems. Gas makes up 86% of figure, with gas fields offshore northern Russia acco...
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Jamaica extends Sagres exploration deadlineSagres Energy has won a nine-month extension from the Petroleum Corp. of Jamaica (PCJ) for the initial exploration period of three offshore blocks. |
Niko scores three more offshore Trinidad tractsNiko Resources Ltd. has signed three new production sharing contracts with the government of Trinidad and Tobago. |
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