Oil & Gas

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BSEE Proposes Rule to Further Strengthen Offshore Production Safety, Implement Best Practices

As part of President Obama’s commitment to promoting safe and responsible offshore oil and gas development, Bureau of Safety and Environmental Enforcement (BSEE) Director James ...

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Statoil: Gas/Condensate Discovery North of Åsgard

Operator Statoil has together with PL479 partners made a gas/condensate discovery in the Smørbukk North prospect at Haltenbanken in the Norwegian Sea. Exploration well 6506/9-3, ...

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Rosneft and ExxonMobil Proceed with LNG Project Implementation

Rosneft and ExxonMobil continue to progress the LNG project proposed in the Russian Far East. The contractor selection process for design and engineering work has ...

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Eco Atlantic Awarded Oil Exploration Rights on its License #31, Extending into Walvis Basin Waters, Offshore Namibia

Eco (Atlantic) Oil & Gas Ltd. (“Eco Atlantic” or the “Company”) (TSX-V: EOG, NSX: EOG) is pleased to announce that it has received final approval ...

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$11+ Billion in Orders for 
Floating Production Systems

The floating production sector has been especially active over the past several months. Ten production floaters have been ordered since March. They include a $3 ...

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Visual Observation Inside South Timbalier 220 Well

The Bureau of Safety and Environmental Enforcement (BSEE), U.S. Coast Guard, and Walter Oil & Gas Corporation (Walter), through the Unified Command, continue to oversee ...

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Apache’s Latest Horizontal Well at North Sea Bacchus Field Pushes Field Production to 17,600 Barrels per Day

Apache Corporation (NYSE, Nasdaq: APA) says that the third well in the Bacchus Field in the United Kingdom sector of the North Sea has pushed ...

Rowan-Reliance

Rowan Awarded Contract for Ultra-Deepwater Drillship Rowan Reliance

Rowan Companies plc (“Rowan” or the “Company”) (NYSE: RDC) announces that one of its subsidiaries has entered into a three-year contract with Cobalt International Energy, ...

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Petrobras Confirms Discovery of New Oil Accumulation in Santos Basin Pre-Salt


Petrobras has confirmed the presence of oil in well 3-SPS-101 (3-BRSA-1179-SPS), in the Carioca Discovery Evaluation Plan area, block BM-S-9, Santos Basin pre-salt. The well, ...

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Ascent Resources Announces Disposal of interest in Netherlands Offshore Licenses

Ascent Resources plc, the AIM listed European oil and gas exploration and production company, today announces that it has agreed to dispose of its full ...

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Inmarsat Announces Strategic Partnership with RigNet Targeting the Energy Sector

•    Inmarsat and RigNet sign long-term distribution agreement for Global Xpress and L-band services •    RigNet signs significant 4-year Global Xpress capacity pre-purchase •    RigNet ...

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Interior Holds First-Ever Competitive Lease Sale for Renewable Energy in Federal Waters

  Historic Auction Leases Nearly 165,000 Acres Offshore Rhode Island and Massachusetts for Wind Energy Development, Advances President’s Climate Action Plan  As part of President ...

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