ExxonMobil to Redevelop Angola Block 15
American multinational oil and gas corporation ExxonMobil and its partners said that they will further invest in Block 15 offshore Angola to increase production as part of an agreement with Angola’s recently established National Agency for Petroleum, Gas and Biofuels.As part of the agreement…
Alaska Officials Probe BP's Prudhoe Bay Wells After Spill
Regulators in the U.S. state of Alaska will investigate all of the oil and natural gas wells operated by BP Plc at its Prudhoe Bay oil field after the release of a small amount of crude oil and gas from a well that had earlier been shut.The Alaska Oil and Gas Conservation Commission (AOGCC) has scheduled a Feb.
Briggs Marine Secures BP Contract in Caspian Sea
Briggs Marine, a UK marine contractor, has boosted its global growth plans following a three-year contract award from BP Exploration, worth over $4 million. The project, based in Azerbaijan, will see Briggs Marine delivering fire and rescue services at Sangachal Terminal - one of the world’s…
C-Innovation Secures Subsea Construction Contract with BP
C-Innovation, LLC (C-I), an affiliate of Edison Chouest Offshore (ECO) and its family of companies, has secured a three-year contract with BP Exploration & Production, Inc. (BP), the largest energy investor in the deepwater Gulf of Mexico. The contract encompasses subsea construction, inspection…
Global Crane Contracts Give EnerMech $105m Lift
EnerMech’s cranes and lifting division has benefited from a £85 million-plus ($105m) uplift to its order book with a series of contract wins, extensions and renewals. The Aberdeen-based mechanical engineering group has consolidated its position as a major international cranes services provider…
BP Scraps Australian south coast Drill Plan
Cites project costs as reason for withdrawal; decision in line with move away from risky drilling. Oil major BP has scrapped plans to drill for oil and gas off the southern coast of Australia because it is too expensive in the face of low oil prices that have prompted heavy cost-cutting across the sector.
Mexico Names Qualified Firms for Deepwater Tender
Mexico's energy regulator said on Wednesday that 26 companies had qualified to participate in the country's deep-water oil tender in December, the jewel in the crown of a landmark energy sector opening. Of the 26 companies that have qualified for the so-called Round 1.4 tender, 16 are operators…
BP's Exploration Strategy Shrinks
BP exploration boss leaves after limited success. The surprise departure of BP's exploration boss has turned the spotlight on an oil search strategy that, after years of spending cuts, is focusing mainly on expanding existing fields rather than venturing expensively into the unknown. That…
BP Exploration Boss Leaves in Reorganization
BP's head of exploration Richard Herbert is leaving the British oil major after slightly more than two years in the job, a period in which the company slashed spending on the search for new deposits. Herbert, a BP veteran and a long-time ally of Chief Executive Bob Dudley, rejoined BP in October 2013 after several years at rival Talisman Energy.
Topaz to Supply 14 Vessels for BP in Azerbaijan
Offshore support vessel company Topaz Energy and Marine informs it has secured 14 offshore support vessel contracts with BP Exploration (Caspian Sea) Limited. Under the terms of the agreement, Topaz will supply 14 offshore support vessels for a five-year period plus two one-year options at current market terms…
Topaz, BP Ink 14 Offshore Ship Contract
Topaz Energy and Marine, a leading offshore support vessel company, has secured 14 offshore support vessel contracts with BP Exploration (Caspian Sea) Limited ("BP"). Under the terms of the agreement, Topaz will supply 14 offshore support vessels for a five year period plus two one-year options at current market terms…
OI 2016 Preview: Hydrography, Geophysics & Geotechnics
Hydrography, geophysics and geotechnics lie at the heart of Oceanology International, the world’s largest marine science and ocean technology exhibition and conference, (ExCeL London, UK 15-17 March), and this year’s conference session at OI 2016 shows just how relevant the topics continue to be.
Keppel Wins $88.5M in Floating Production Contracts
Keppel Offshore & Marine Ltd (Keppel O&M)'s local and overseas subsidiaries continue to win support from repeat customers by securing four contracts worth a total of about $88.5 million. In Singapore, Keppel O&M's wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) secured two conversion…
Australia Rejects BP Exploration Plan
An Australian regulator rejected an application from BP Plc to explore for oil off the coast of Southern Australia, saying the energy major's proposal failed to meet environmental standards. The National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) said BP's…
DNV GL Wins Shah Deniz Stage 2 Support Project
DNV GL has been awarded a contract for the provision of Marine Warranty, Operations And Consultancy Services for the Shah Deniz 2 project operated by BP Exploration (Shah Deniz) Limited. DNV GL will support the operator in assuring the project equipment transportation and installations are conducted to recognized guidelines…
5-Yrs Extension for Rig Heydar Aliyev
Maersk Drilling has been awarded a 5-year contract extension for the semi-submersible Heydar Aliyev rig with BP Exploration (Shah Deniz) Limited acting as Operator of the Shah Deniz field . The rig will continue working on the development of the Shah Deniz field in the Caspian Sea offshore Azerbaijan.
PSC, BP Claims Against Transocean Resolved
Transocean Ltd. announced that it has reached two separate settlement agreements, with the Plaintiffs' Steering Committee (the "PSC") and with BP Exploration & Production Inc. and BP America Production Co. ("BP"). These settlements together resolve substantially all outstanding claims against Transocean arising from the April 20…
BP Selects Technip for Thunder Horse
Technip was awarded by BP Exploration & Production Inc. a lump sum project for the design, engineering, fabrication, installation and pre-commissioning of the new production pipeline systems on the south side of the Thunder Horse production drilling quarters unit. At a water depth of approximately 1…
ExxonMobil Begins Production at Kizomba
Exxon Mobil Corporation announced today that its subsidiary, Esso Exploration Angola (Block 15) Limited (Esso Angola), has started oil production ahead of schedule at the Kizomba Satellites Phase 2 project offshore Angola. Kizomba Satellites Phase 2 is a Block 15 subsea infrastructure development of the Kakocha, Bavuca and Mondo South fields.
Ruling On BP Fine Over 2010 US Spill Months Away
It may be months before a final verdict is issued on the size of the fine BP Plc will pay under the Clean Water Act for its 2010 Gulf of Mexico oil spill, lawyers said on Tuesday after the last phase of the trial ended. U.S. District Court Judge Carl Barbier in New Orleans, Louisiana, is…
