BHGE, announced one of the first agreements of its kind with Twinza Oil to provide full-stream support on the Pasca A gas condensate field, located off Papua New Guinea in the Gulf of Papua. The Twinza-BHGE full-stream agreement covers services and equipment during Phase I of the Pasca A field development, including drilling services, wellheads and pressure control equipment for the fourth and final appraisal well. The appraisal well will be drilled in Q3 2017, which will be suspended as a future development well, and the final investment decision (FID) to proceed to development is expected in 2018. Post-FID, BHGE expects to provide an integrated gas-processing solution from the wells through to point of export. The full-stream offering includes a ...

The Zama-1 exploration well offshore Mexico has now completed drilling operations in the final hole section, reaching a total depth of 4,108 m (13,478 ft). The logging results confirmed that the previous hole section had reached the base of the reservoir section, with an oil-down-to in the well of 3,380 m (11,089 ft) with no subsequent penetration of an oil-water-contact. The well drilled deeper into the Zama Deep target and no additional hydrocarbons were encountered, confirming pre-drill expectations for this formation...

As part of a three-year contract with Lloyd’s Register (LR), the Oil & Gas Authority (OGA) has released their first set of regional geological maps and data sets, which cover the UK Central North Sea and Moray Firth...

Premier, together with its joint venture partners Talos Energy (operator) and Sierra Oil & Gas, announced that the Zama-1 exploration well in Block 7, offshore Mexico, has made a world-class oil discovery. The Zama-1 well is the first offshore exploration well drilled by the private sector in Mexico’s history. Premier holds a 25% interest in the block...

Noble Corp announced that Robert W. Eifler has been named Vice President and General Manager – Marketing and Contracts, effective 17 July 2017. In his new role, Mr Eifler will be responsible for Noble's worldwide marketing and contracts efforts, based in the company's operations headquarters in Sugar Land, Texas...

Following the positive outcome of their pilot project, GE and Maersk Drilling have extended the scope of their digital partnership. The collaboration brings the next big step in innovative efficiency services to the offshore market and constitutes great value for customers by enhancing drilling productivity...

US Secretary of the Interior Ryan Zinke announced that the Department will offer 75.9 million acres offshore Texas, Louisiana, Mississippi, Alabama, and Florida for oil and gas exploration and development. The region-wide lease sale scheduled for August 16, 2017 will include all available unleased areas in federal waters of the Gulf of Mexico and provide a reduced royalty rate for shallow water leases to encourage exploration and production under current market conditions...

Seadrill has secured a firm contract for one well and one drill stem test with Statoil Brasil Óleo e Gas for the West Saturn in Brazil. The contract also includes a number of option wells to be drilled in blocks where Statoil has license and operatorship. West Saturn is expected to commence operations between December 2017 and January 2018. The backlog for the firm portion of the contract is expected to be approximately $26 million. The West Saturn will be upgraded with a managed pressure drilling (MPD) system which is expected to be utilized as part of the upcoming work scope. The Saturn represents the fifth unit managed by Seadrill equipped with MPD equipment....

Trendsetter Engineering has successfully completed live well operations with their new 15,000 psi subsea hydraulic intervention system (referred to as STIM). The STIM system, which had previously been utilized for subsea hydrate remediation work, has now completed seven subsea projects in the GOM since November 2016, in water depths ranging from 2,500 ft to 7,200 ft...

Ensco announced that it has been awarded three drillship contracts offshore West Africa, representing an aggregate three years of contracted term and more than six additional years of options...