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.

January 27, 2020

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.

January 27, 2020


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).

January 27, 2020


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.

January 23, 2020

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.

January 23, 2020

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.

January 21, 2020

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.

January 21, 2020

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.

January 17, 2020


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.

January 17, 2020

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.

January 16, 2020