Offshore

Exploration & Production , Emissions

Neptune Energy, EDF Partner to Pilot Novel Method to Measure Offshore Methane Emissions

Plans are to deploy drone, aircraft and methane sensing technologies on the Neptune-operated Cygnus platform in the UK Southern North Sea.

March 5, 2021

Field Development

Equinor, Partners Sanction Åsgard B Project in Norwegian Sea

The low-pressure project at the Åsgard Field, where production began in 1999, aims to increase production from the Smørbukk wells, according to a news release.

March 4, 2021

Restructurings , Drilling , Subsea

Norway’s Seadrill Writes Down $2.9 Billion on Its Oil Rigs

Offshore drilling rig contractor Seadrill said on March 4 it had taken an additional $2.9 billion non-cash impairment on its assets due to a bleak outlook for the sector, which has reduced demand for its drilling rigs.

March 4, 2021

ROVs

Oceaneering Wins Integrated Rig Services Contract for Gulf of Mexico Development

Oceaneering International Inc. said that its Subsea Robotics (SSR) and Offshore Projects Group (OPG) have been awarded an integrated rig services contract on March 2 for covering the Khaleesi/Mormont and Samurai fields in the U.S. Gulf of Mexico. 

March 3, 2021

Deepwater

Top 12 Recent Gulf of Mexico Discoveries

February 2021:  Chevron Producer in Mississippi Canyon Block 696: 7,744 bbl of Oil, 2.865 MMcf of Gas per Day

March 1, 2021

Deepwater

Top 20 Cumulative Oil, Gas Producing Wells: Gulf of Mexico

Here are the latest top 20 cumulative oil- and gas-producing wells in the U.S. Gulf of Mexico.

March 1, 2021

Deepwater

Top 20 Field Reserves: Gulf of Mexico

Shell's Mars development and BP's Thunderhorse and Kaskida top the list when it comes to the highest field reserves. The fields are located in the Mississippi Canyon and Keathley Canyon blocks.

March 1, 2021

Field Development , Subsea

Petrobras to Hire FPSO Platform from SBM Offshore for Búzios Field

Brazilian oil company Petrobras said it signed a letter of intent on Feb. 24 with Holland’s SBM Offshore to hire a FPSO for the Búzios field in the Santos Basin pre-salt.

February 25, 2021

Field Development , Subsea

Lamprell Lands Aramco Contract for Giant Offshore Oil Field

Lamprell has been awarded an engineering, procurement, construction and installation (EPCI) contract on Feb. 24 by Saudi Aramco as part of their long-term agreement program (LTA) with Lamprell.

February 25, 2021

Business , Exploration & Production , Acquisitions & Divestitures

Exxon Mobil Sells UK North Sea Assets in Deal Worth over $1 Billion

The sale of U.K. North Sea upstream assets on Feb. 24 helps the U.S. oil major free up capital for projects elsewhere, says Exxon Mobil Vice President Neil Chapman.

February 24, 2021