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  1. Ophir to drill deepwater target offshore Côte d’Ivoire

    Offshore staff LONDON – Ophir Energy is preparing to re-start deepwater oil exploration offshore Côte d’Ivoire . The Ayame-1 well will target around 240 MMbbl recoverable resources with an estimated 28% chance of commercial success. Ophir also plans to take decisions over the next six to 18 months on options for wildcat activity offshore Myanmar, Indonesia, Malaysia, and Equatorial Guinea. Last month Ophir secured its first exploration acreage outside Asia and Africa as a partner to Murphy Oil in the deepwater block 5 license offshore Mexico . The company claims this was the most contested acreage in the bid round. 01/12/2017

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    Thu, 12 Jan 2017

  2. Mexico puts some deepwater oil exploration on hold amid crude's slide

    Mexico's state-run oil company says it will postpone some deep-water exploration projects in response to a steep fall in crude prices. 

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    Wed, 18 Feb 2015

  3. Technip and COOEC address booming deepwater oil exploration market in China

    This agreement follows the successful award to the COOECTechnip Consortium of the CNOOC Panyu 34-1/2 development project.

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    Fri, 20 Dec 2013

  4. Mexico to postpone deepwater auction, revise bid terms

    Officials with the Mexican government have indicated that it will postpone auctions for deepwater oil exploration and production contracts, and adjust the terms of upcoming tenders, according to reports from Reuters and the Financial Times. 

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    Fri, 31 Jul 2015

  1. Oil and Gas: $2.8B deal latest land acquisition in energy-rich Permian

    Online Articles

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    Fri, 10 Feb 2017

  2. ExxonMobil makes second deepwater oil discovery offshore Guyana

    ExxonMobil has discovered another deepwater oil field in the Stabroek block offshore Guyana, according to partner Hess.

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    Thu, 12 Jan 2017

  3. BOEMRE approves first deepwater exploration plan in the Gulf of Mexico since Macondo

    BOEMRE approved Shell's Exploration Plan for three deepwater exploratory wells offshore Louisiana on the Auger field.

    Online Articles

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    Mon, 21 Mar 2011

  4. More deepwater oil and gas drilling rigs face stacking, contractor warns

    Prospects for ultra- deepwater drilling remain muted, Seadrill says, as oil companies continue to focus on cutting costs and driving efficiencies.

    Online Articles

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    Tue, 24 Nov 2015

  5. Frigstad exits deepwater drilling rig venture

    Frigstad Offshore Group is selling its shares in its subsidiary Frigstad Deepwater Holding Ltd. to a subsidiary of China International Maritime Containers Group.

    Online Articles

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    Wed, 7 Dec 2016

  6. Anadarko has deepwater oil discovery at Phobos-1 in GoM

    The Anadarko Petroleum Corp. (NYSE: APC) Phobos-1 well in the deepwater Gulf of Mexico encountered approximately 250 net feet (76 m) of high-quality oil pay in Lower Tertiary-aged reservoirs.

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    Thu, 25 Apr 2013

  7. Salazar: More work needed before deepwater drilling fully rebounds

    The first successful demonstration of an offshore containment system let the US Bureau of Ocean Energy Management, Regulation, and Enforcement issue its first deepwater drilling permit since the Macondo well blowout and spill, but much more work needs to be done before new US deepwater drilling ...

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    Wed, 2 Mar 2011

  8. BP delays plans for deepwater drilling off Libya

    BP PLC has delayed the launch of its deepwater exploration for oil off Libya for an unspecified period of time in an effort to ensure that its plans are in order.

    Online Articles

    Online Articles

    Fri, 13 Aug 2010

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