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While a leaner and more selective exploration industry has emerged over the past two years, Wood Mackenzie expects Latin America…
Wednesday, 10 January 2018 15:11

Stone hits pay at Mt. Providence

US-based Stone Energy hit oil at its 100%-owned Mt. Providence development well in Mississippi Canyon block 28, in the deepwater…
Tuesday, 09 January 2018 04:02

ArcLight acquires 26.5% in Shell's Perdido

A Boston-based private equity firm ArcLight Capital Partners has acquired a 26.5% non-operated stake in Shell's Perdido Regional Host from…
Tuesday, 09 January 2018 03:18

Magma inks m-pipe project with Tullow on TEN

Tullow Oil has awarded a contract to UK-based carbon composite pipe manufacturer Magma Global for 2.5km of flowline for the…
Thursday, 04 January 2018 09:58

US deepwater GoM poised for comeback

A new report from analyst firm Wood Mackenzie, "Deepwater GoM: 5 Things to Look for in 2018," says costs have…
Friday, 29 December 2017 03:42

Hyperdynamics files for Chapter 7 Bankruptcy

Houston headquartered Hyperdynamics has filed for Chapter 7 bankruptcy relief. The firm, which is focused on exploring offshore the Republic…
Thursday, 28 December 2017 03:29

2018: Exploration outlook, wells to watch

It’s a smaller, more focused exploration world as we start 2018. Elaine Maslin discusses the main themes for 2018 with…
Published in OE: 2018 / January
Tuesday, 26 December 2017 04:47

FLNG projects taking shape

Elaine Maslin looks at some of the ongoing and proposed FLNG projects around the globe (First published in the December 2017…
Published in OE: 2017 / December
Thursday, 21 December 2017 12:04

Petrobras to maintain E&P spend in 2018

Petrobras has released its new 2018-2022 business plan, in which the Brazilian giant has promised to maintain about the same…
Wednesday, 20 December 2017 18:33

2017: Exploration hot spots

Senegal and Mauritania are set for a raft of activity as two major projects move towards putting both countries on…
Published in OE: 2017 / December
Wednesday, 20 December 2017 04:14

Eni, BP confirm Zohr first production

Eni and partner BP have confirmed that production has started from the giant Zohr gas field offshore Egypt in the…
Wednesday, 20 December 2017 03:46

North Sea's first FPSO heads to Brazil

Teekay's Petrojarl I floating production, storage and offloading (FPSO) vessel has sailed away from Aibel's shipyard in Norway. The TenTech…
Singapore-based Ultra Deep Solutions has signed a letter of intent to build a SALT 310 well intervention vessel at China…
Monday, 18 December 2017 04:51

Libra outfit signs FPSO for Mero field

The Libra consortium, led by Petrobras, has chosen Modec to charter a floating production storage and offloading unit (FPSO), the…
Shell has awarded a contract to UK forge Sheffield Forgemasters for castings for use on the Vito semisubmersible platform for…
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