Offshore
Public Capital , Logistics , Mergers
Offshore Helicopter Companies Bristow, Era Group To Merge
The merger agreement follows remarks made by Era Group CEO Chris Bradshaw in a letter to shareholders last year that the offshore helicopter industry was in “dire need” of consolidation.
Reservoir Evaluation , Discoveries
Exxon Mobil Grows Guyana Oil Find Estimates To More Than 8 Bboe
The new recoverable resource estimate, which jumped by 2 Bboe, excludes the Uaru discovery.
Technology
BHP Taps Doris For Trion Work In GoM
BHP Petroleum, a subsidiary of BHP Billiton Petróleo Operaciones de Mexico, S. De R. L. De C.V., has contracted Doris Inc. on Jan. 27 for the execution of engineer services for the SURF and export pipeline scopes of work of the Trion Project located in the Gulf of Mexico (GoM).
Subsea
Worley Wins FEED Contract For Total’s GoM North Platte Field
Worley has been awarded a FEED contract for Total E&P USA’s North Platte field development in the Gulf of Mexico (GoM), the company said on Jan. 23.
Exploration & Production , International , Health, Safety & Environment
Greenpeace Loses Norway Arctic Oil Lawsuit Appeal
The lawsuit is seen as part of an emerging branch of law worldwide where plaintiffs seek to use a nation's founding principles to make the case for curbing emissions.
Exploration & Production
BP Signs Deal To Explore For Oil Offshore Angola
BP signed an agreement with Angola aimed at acquiring oil further exploration rights, the latest in a flurry of agreements between oil majors and Africa's second-biggest exporter.
Field Development
Australia’s FAR Takes Final Investment Decision For Senegal Oil Project
The Senegal government recently gave the greenlight for the project, which is expected to produce 231 million barrels (MMbbl) of oil resources in its initial phase of development and strike first oil in the next three years.
Field Development
Eni’s Agogo Oil Field In Angola Begins Production
The Agogo field was Angola’s largest offshore discovery in years and could help slow years of production declines in Africa’s second-biggest exporter.
Seismic
TerraSond Lands Seventh Consecutive NOAA Contract
TerraSond, an Acteon company, has been awarded a five-year IDIQ contract on Jan. 16 by the Hydrographic Surveys Division of the National Oceanic and Atmospheric Administration (NOAA)’s National Ocean Service, Office of Coast Survey, to provide hydrographic surveying services in the U.S.
Exploration & Production , Lease Sales
Eni, Total Among Winners Of Rights To Develop Angolan Frontier Blocks
Angola, Africa's second-biggest oil exporter, is working to reform its oil industry and broader economy to arrest a drop in production that has heaped pain on the economy.