BP and partners have sanctioned the Azeri Central East (ACE) project, the next stage of development of the giant Azeri-Chirag-Deepwater Gunashli (ACG) oilfield complex in the Azerbaijan sector of the Caspian Sea.
Exxon Mobil Corp. and offshore Guyana partners continue their success with their 13th discovery on the Stabroek Block and fifth discovery in the Turbot area.
2Bretts retained EnergyNet for the sale of nonop assets and overriding royalty interest plus producing and non-producing minerals across Oklahoma through an auction ending May 1.
Turan Drilling, a JV between KCA Deutag and SOCAR AQS, secured the contract for operations and maintenance of seven platform drilling rigs operated by BP in the Caspian Sea, SOCAR AQS head said
Private-equity firm Chrysaor agreed to buy ConocoPhillips’ E&P assets in the British North Sea, where the Houston-based company has operated for more than 50 years.
The year is shaping up to be a solid one of transition for the offshore sector.
Equinor has won the right to explore seven blocks offshore Argentina and to run production operations at five of them, the Norwegian oil and gas firm said on April 17.
Halliburton Co. announced the execution of an integrated services contract with Royal Dutch Shell for post-salt development and pre-salt exploration in Brazil’s Campos and Santos Basins on April 17.
ExxonMobil has increased holdings in Argentina after its subsidiary ExxonMobil Argentina Offshore Investments BV and an affiliate of Qatar Petroleum won three exploration blocks during Argentina’s first offshore bid round, the company said on April 16.
Premier said in a press release on April 16 that Talos Energy, the operator of Block 7 offshore Mexico, successfully conducted a drill stem test of the Zama-2 side track well (Zama-2ST1).
