Oil & Gas News

As required by Congressional direction in the Inflation Reduction Act of 2022, the Bureau of Ocean Energy Management (BOEM) held Gulf of Mexico Lease Sale 259, which generated $263,801,783 in high bids for 313 tracts covering 1.6 million acres in federal waters of the Gulf of Mexico.

Equinor, on behalf of several licenses, has awarded contracts for the use of Transocean Encourage, mainly in the Norwegian Sea, and Transocean Enabler, for the Johan Castberg field. At the same time, the companies have signed a strategic collaboration agreement.

CGG, a global technology and HPC leader, in a consortium with TGS and BGP, announced the completion of Phase IV of the deepwater 3D seismic survey offshore Suriname. Fast-track products for this recently completed Phase IV will be ready for review towards the middle of this year, with the final products for the entire program available in late 2023.

PXGEO has secured a contract with the Sépia Consortium for a 3D ocean bottom node (OBN) survey in the Santos Basin, Brazil. The survey is to be acquired in water depths to 2300m with a duration of approximately 4 months.

Talos Energy Inc. and the other Zama Unit Holders Wintershall Dea, Harbour Energy plc ("Harbour") and Petróleos Mexicanos ("Pemex"), announced that on March 23, 2023, Pemex, as operator, submitted the Zama Unit Development Plan ("UDP") to Mexico's National Commission of Hydrocarbons ("CNH") for formal approval.

Wel-lok™ technology delivered across 30-well campaign in the North Sea

BiSN, a leading supplier of downhole sealing solutions and technology to the global oil and gas industry, recently caught up with representatives from Aker BP regarding the successful 30-well P&A campaign conducted in the Valhall oilfield in 2020. Extensive testing over the past two years reveals that BiSN’s Wel-lok™ technology has delivered as promised.

Eni announces a new discovery on the Yatzil exploration prospect in Block 7, located in the mid-deep water of the Cuenca Salina in the Sureste Basin, offshore Mexico. According to preliminary estimates, the new finding may contain around 200 million barrels of oil (MBoe) in place.

Offshore Source Logo

Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.

Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated.

Corporate Offices

Technology Systems Corporation
8502 SW Kansas Ave
Stuart, FL 34997