Deepwater
News
June 12, 2015
Petrobras has completed an analysis of the factors that contributed to the fatal accident on board the Cidade de São Mateus FPSO in February, the company announced Friday.
News
June 12, 2015
Chevron is studying data from its largest-ever seismic survey to decide where to drill for oil in an untapped frontier off southern Australia.
News
June 11, 2015
Spectrum announced Thursday that their vessel has arrived in Mexico and started the acquisition of their Gulf of Mexico 2D campaign, in collaboration with Schlumberger.
News
June 10, 2015
An equipment failure that’s delayed Chevron Corp.’s $5.1 billion Big Foot deepwater oil project will reduce the company’s production target by less than 25,000 bopd in 2017, the company said.
News
June 05, 2015
A former BP Plc executive charged with lying to investigators about the 2010 Gulf of Mexico oil spill was acquitted by a New Orleans jury, a blow to prosecutors as the company awaits word on billions of dollars in potential fines for the disaster.
News
June 05, 2015
Atwood Oceanics, Inc. has appointed Mark W. Smith as the company's senior V.P. and CFO, the Houston-based company has announced.
News
June 03, 2015
When OPEC started a price war last November, driving oil down to its current $65 bbl, U.S. shale drillers looked doomed. Six months later, it’s the world’s largest oil companies that are emerging as the unexpected casualties.
News
June 03, 2015
Petrobras informs that well 3-SES-189, located at BM-SEAL-4 concession, discovers new oil accumulation in Sergipe Basin´s ultra-deep waters.
News
June 01, 2015
Chevron is moving the Big Foot tension-leg platform (TLP) to sheltered waters from its location in the deepwater U.S. Gulf of Mexico following damage to subsea installation tendons.
News
May 30, 2015
Petrobras has announced that the drilling of the second well in Carcará area (Block BM-S-8), at Santos basin´s ultra-deep waters, confirmed the light oil potential in pre-salt’s reservoirs.
News
May 29, 2015
W&T Offshore has announced a new discovery at Ewing Banks 910 and first production from the SS #6 well at Mississippi Canyon 538 field (Medusa), both in the deepwater Gulf of Mexico.
News
May 28, 2015
Seadrill Ltd. fell in Oslo trading as the offshore driller controlled by billionaire John Fredriksen sees the rig market remaining challenging until next year after a collapse in oil prices.
News
May 28, 2015
Brazil’s state-controlled oil company Petroleo Brasileiro abandoned exploration at the Caramba prospect in a deepwater region that holds the country’s biggest discoveries.
News
May 27, 2015
Brazil’s state-controlled oil company Petroleo Brasileiro SA has abandoned exploration at the Caramba prospect in a deepwater region that holds the country’s biggest discoveries.
News
May 27, 2015
CNOOC Limited has reported a mid-sized discovery, Liuhua 20-2, in the Eastern South China Sea.
News
May 21, 2015
Transocean Ltd. has reached two separate settlement agreements, with the Plaintiffs' Steering Committee (PSC) and with BP Exploration & Production Inc. and BP America Production Co.
News
May 20, 2015
Halliburton has reached an agreement with BP Exploration & Production Inc. to resolve remaining issues, which includes indemnities between the parties and dismissal of all claims against each other, relating to the April 20, 2010, Deepwater Horizon well incident in the Gulf of Mexico.
News
May 19, 2015
Oil’s rebound and more certainty around company valuations are keys to driving mergers and acquisitions activity next year given the pent-up demand for deals, bankers said Tuesday at an energy forum in Houston.
“The dam will break at some point,” Stephen Trauber, vice chairman and global head of energy at Citigroup Inc., said at the Mergermarket conference.
News
May 18, 2015
OMV Petrom SA, Romania’s biggest oil company, said its first-quarter profit fell 68% from a year earlier due to lower oil prices and warned it may be forced to reduce investment and production through 2017.
News
May 13, 2015
Petrobras has announced that on April 11, 2015, oil production in the fields it operates in the pre-salt province of the Santos and Campos basins reached the milestone of 800,000 bopd, constituting a new daily production record.
News
May 12, 2015
Tracerco has invested in a number of new mobile reservoir tracer analysis laboratories for use onsite in offshore projects.
