Federal Waters

Deepwater

Turkey Says Second Ship Set To Drill Off Cyprus

A second Turkish drillship will begin drilling for oil and natural gas in the eastern Mediterranean within a week, Turkey's energy minister said, in a move which that could strain ties with Cyprus over jurisdiction rights for exploration.

July 6, 2019

Lease Sales

Brazil's Petrobras Puts Offshore Gas Fields, Exploration Bloc Up For Sale

Brazilian state-run oil firm Petroleo Brasileiro SA has put its Peroa and Cangoa shallow-water natural gas fields and a deepwater exploration concession known as Malombe in the state of Espirito Santo up for sale, the company said.

July 5, 2019

Acquisitions & Divestitures

Exxon Mobil Seeks Bids For Norwegian Offshore Assets

Exxon Mobil is considering selling all of the stakes it holds in oil and gas fields off the Norwegian coast, a spokeswoman said.
 

June 22, 2019

Investment , Deepwater

Shell To Invest Up To $2.4 Billion In Mexican Deepwater Oil Projects

Mexico's oil regulator on June 13 approved exploration plans for four deepwater areas operated by Royal Dutch Shell , after it gave the green light to five others earlier this week, committing the oil major to invest at least $791 million.

June 13, 2019

Liquefied Natural Gas (LNG) , Tankers

Shell Ships First LNG Cargo From Australia's Prelude

Royal Dutch Shell on June 10 shipped the long-awaited first cargo of LNG from its Prelude floating LNG plant off northwest Australia, sealing Australia's position as the world's top LNG exporter.

June 10, 2019

Health, Safety & Environment , Lease Sales

US Vows First Oil Lease Sale In Alaska Arctic Refuge This Year

The U.S. Interior Department is determined to sell oil leases for the first time this year in the ecologically sensitive but presumably petroleum-rich coastal plain of Alaska's Arctic National Wildlife Refuge, a Trump administration official said on Thursday.

May 30, 2019

Acquisitions & Divestitures

Udpated: Algeria's Energy Minister Softens Comments On Total Buying Anadarko's Algerian Assets

AAlgeria's energy minister said he would seek a "good compromise" when asked about his earlier comments that Algiers would block a plan by France's Total to buy Anadarko's Algerian assets.

May 27, 2019

Deepwater

Shell Starts Up Appomattox Ahead Of Schedule

Royal Dutch Shell subsidiary Shell Offshore Inc. said on May 23 that it had started up its Appomattox project in the deepwater U.S. Gulf of Mexico (GoM) several months ahead of schedule.

May 23, 2019

Exploration & Production

South Africa’s State-Owned Oil Company To Explore Highly-Prospective Oil Block B2 In South Sudan

South Africa signed an exploration and production sharing agreement with South Sudan for Block B2.

May 6, 2019

Shelf

US Deeply Concerned By Turkey's Intent To Drill Offshore Cyprus

The United States is deeply concerned by Turkey's announced intentions to begin offshore drilling operations in an area claimed by Cyprus as its exclusive economic zone, a State Department spokesperson said on May 5.

May 6, 2019