Regional Reports | Offshore

Talos Energy Inc. has agreed to acquire a broad portfolio of producing assets from affiliates of ILX Holdings, Castex Energy and Venari Resources.

Talos Energy to acquire several Gulf of Mexico producing assets

Talos Energy Inc. says that it will acquire a broad range of US Gulf of Mexico producing assets for $640 million.

Orinduik partners commit to second-phase exploration offshore Guyana

Block PM409 adjoins the company’s Seligi field production hub offshore Malaysia.

EnQuest joins Petronas in offshore Malaysia block

Location of the WA-488-P permit offshore northwest Australia.

Santos given more time for offshore Australia farm-in

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Lack of new auctions creates secondary market for offshore Mexico acreage

Between 2020 and 2024, the company expects to start up 13 new production systems, all on deepwater and ultra-deepwater fields.

Petrobras sets five-year targets offshore Brazil

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BOEM completes tract evaluation, awards 147 leases

VAALCO among offshore Equatorial Guinea block winners

UK offshore decommissioning costs on downward curve

Topsides integration should start shortly for the FPSO Energean Power.

Global E&P

Hywind floating wind turbines withe the Snorre A semisubmersible platform in the distance.

Offshore Europe

Fugro says it has completed several geophysical surveys in the deepwater Gulf of Mexico for Shell International Exploration and Production Co. The project required data collection over multiple deepwater lease blocks in the greater Perdido and Mars development areas to support clearance of potential environmental, engineering, geological and archaeological hazards ahead of planned drilling activities. Fugro deployed a Hugin AUV from its survey vessel Fugro Brasilis.

Gulf of Mexico

BSEE/BOEM report outlines strategy to revive shallow-water Gulf of Mexico E&P

New research indicates the need to define the Gulf of Mexico Shallow Water Province as a distinct province to avoid stranding more than $20 billion of the United States' oil and natural gas resources.

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UK opposition pledges oil and gas windfall tax

Oil & Gas UK has responded to a new windfall tax proposed by the opposition Labour Party ahead of Britain’s election next month.

BP to acquire interest in Andaman II PSC offshore Indonesia

KrisEnergy Ltd. has entered into a conditional sale and purchase agreement with BP Exploration Operating Co. Ltd.

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Timor Leste awards offshore gas-prone PSC

Timor-Leste’s Autoridade Nacional do Petróleo e Minerais has awarded SundaGas Banda Unipessoal an offshore production-sharing contract containing the Chuditch gas discovery.

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Senegal, Mozambique planning licensing rounds

Senegal’s Oil and Energy Ministry will offer three blocks under the country’s first licensing round.

Analyst calls for tax, licensing reforms to boost Brazil bid rounds

Wood Mackenzie has issued more thoughts on the low-key response to Brazil’s Transfer of Rights Surplus round, for which a Petrobras-led consortium lodged the sole bid.

Location of the the WA-488-P permit offshore northwest Australia.

Santos offered further option for Beehive permit offshore Australia

Santos has taken up an option to acquire a 40% interest in the WA-488-P permit offshore northwest Australia from Melbana Energy.

Location of the PL032 Discovery Area license in the offshore North Falkland basin

Rockhopper gets extension for offshore Falklands license

Rockhopper Exploration has secured an extension from the Falkland Islands government to the PL032 Discovery Area license in the offshore North Falkland basin.

The Andaman II PSC is a 7,400-sq km (2,857-sq mi) block over the North Sumatra basin in the Malacca Strait, offshore Indonesia.

KrisEnergy to exit Andaman II PSC

KrisEnergy Ltd. has accepted a binding letter of offer by an unnamed major international oil and gas company to sell its 30% non-operated working interest in the Andaman II production-sharing contract in the Malacca Strait, offshore Indonesia.

Location of the BM-S-54 concession in the presalt Santos basin offshore Brazil.

Ecopetrol joins Gato do Mato discovery offshore Brazil

Ecopetrol Óleo e Gás do Brasil Ltda has entered into an agreement with Shell Brasil Petróleo Ltda. to acquire 30% interest in two areas corresponding to the BM-S-54 concession agreement and the Sul de Gato do Mato shared production agreement.

Uruguay open round offshore blocks.

Uruguay open round presents unique offshore frontier opportunity

Uruguay is a reliable and stable country with above-ground risks minimized, which counterbalances the high exploratory risk.

Prospects mapped in Lebanon share the same trends as those discoveries in the Eastern Mediterranean.

Lebanon offering more offshore blocks as majors prepare to start drilling

Lebanon has opened more offshore blocks to exploration under the country’s second licensing round.

The Stena Forth, having drilled the Joe discovery well offshore Guyana, was due to transfer across the Atlantic for a new campaign offshore Ghana.

Global E&P

How the Pioneering Spirit might remove and transport the redundant Gyda platform jacket.

Offshore Europe