A new report from the US’ transport safety regulator sheds new light on the incident which killed three workers and a helicopter pilot in December.
BP (LON:BP) has confirmed a doubling of output at its flagship Thunder Horse platform in the US Gulf of Mexico, as it looks to ramp up production in the basin by mid-decade.
Explorers are “taking a measured view and holding budgets and activity steady whilst trying to improve overall exploration efficiency”, Westwood said.
The US Coast Guard suspended its search for four passengers on a downed helicopter on December 29.
Transocean ordered the two drillships in February 2014, agreeing to pay $540 million for each of the vessels. Sembcorp said it would deliver the rigs in 2017 and 2018.
ExxonMobil has scored another two finds offshore Guyana its incredibly prolific Stabroek block.
TotalEnergies and its partners have has approved the final investment decision (FID) for the Fenix gas development, around 37 miles off the coast of Tierra del Fuego in southern Argentina.
APA Corp has discovered oil offshore Suriname on Block 53, while abandoning another well on Block 58.
ExxonMobil has made another two discoveries in the Stabroek block, bringing the total number of its finds offshore Guyana to more than 25.
Shell (LON:SHEL) has reportedly begun soliciting interest from potential buyers for stakes in two key Gulf of Mexico assets, the sale of which could generate up to $1.5 billion.
New Fortress Energy (NFE) has set out a plan to sell down its stakes in 11 LNG vessels and two deals in Mexico.
Shell is buying a 51% stake in the North Platte development, in the US Gulf of Mexico, from Equinor, the Norwegian company has revealed.
Eco Atlantic Oil & Gas has dropped its plans to acquire JHI Associates, which has a 17.5% stake in a Guyana block.
BP is selling off its oilsands project in Canada under a deal with Cenovus Energy, which will see it paid in cash and a stake in the offshore Bay du Nord project.
Chevron has sanctioned the Ballymore development, a 150 million-barrel oil field in the US Gulf of Mexico.
Projects backed by Standard Chartered in 2021 will emit 2.3 billion tonnes of CO2 over their lifespan, with Mozambique LNG to play a major part in this.
ExxonMobil has made a trio of new discoveries offshore Guyana, boosting recoverable resources from the prolific Stabroek Block to nearly 11 billion barrels of oil equivalent.
Scrutiny of Paria Fuel Trading and contractor LMCS is mounting in Trinidad & Tobago following a deadly accident in late February.
Brent oil prices average $60-80 per barrel until 2027, BofA Global Research has said in a new report, suggesting high prices are here to stay – at least in the medium term.
TotalEnergies and APA Corp. have made a “significant” oil and associated gas discovery offshore Suriname, on Block 58.
The Suriname-Guyana basin continues to be a focal point for hydrocarbon exploration and development, as evidenced by CGX Energy’s recent discovery at the Corentyne block, in line with Suriname’s Block 58. Indeed as frontier E&P remains at a comparatively low ebb, this represents one of few global hotspots, with an estimated 16bn barrels of recoverable resources discovered to date.
A fire appears to have forced an evacuation from an oil platform offshore Mexico, according to local reports.
TotalEnergies is dropping out of the North Platte development, in the US Gulf of Mexico.
BW Offshore has signed a deal to recycle its BW Cidade de São Vicente at a yard in India, in compliance with the Hong Kong International Convention.
The Kawa-1 well has found 54 metres of hydrocarbon-bearing reservoirs offshore Guyana, on the Corentyne block.