The tides are turning in Mexico after the government ended PEMEX’s 76-year monopoly over the country’s oil and gas market. On 20 December 2013, Mexico’s energy reform bill became a law…
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The Offshore Frontier
All-liquid cementing system completes 5 jobs in Gulf of Mexico
Compared with conventional cements, Baker Hughes’ all-liquid FoamSet system maintains a constant pressure to keep the water or gas in the formation and out of the cement...
Read More »UK’s Golden Eagle Area Development begins production
CNOOC, the parent company of Nexen Petroleum UK (Nexen), has announced that the Golden Eagle Area Development (GEAD) in the UK North Sea commenced...
Read More »Japan Drilling to operate new jackup under construction at Keppel
The KFELS Super B Class design has a drilling depth of 35,000 ft. The rig's leg structure is designed to provide enhanced robustness for operations at 400 ft water depth...
Read More »First extension well in pre-salt Libra leads to oil discovery
The Libra consortium announced that the drilling of the first extension well in the Libra area, known as 3-BRSA-1255-RJS (3-RJS-731), has proven the discovery of high-quality oil...
Read More »Maersk Drilling secures short-term contract for newbuild drillship Maersk Venturer
Maersk Venturer will commence a one-well program offshore Malaysia with an estimated duration of 45 days with potential extension up to 40 days…
Read More »GDF SUEZ, BP discover new Central North Sea Field
“This is an encouraging exploration discovery in a part of the Central North Sea that needs additional volumes of hydrocarbons to open up development options…
Read More »Chevron, BP discover oil in deepwater US Gulf of Mexico
The discovery well, on Keathley Canyon Block 10, was drilled by operator Chevron on behalf of the Guadalupe co-owners. The well encountered significant oil pay…
Read More »Shell discovers gas in pre-salt reservoir offshore Gabon
Shell announced a frontier exploration discovery offshore Gabon, West Africa. The well Leopard-1 encountered a substantial gas column with around 200 m net gas pay…
Read More »Statoil proves new oil resources near Grane field in North Sea
Well 25/8-18 S, drilled by the rig Transocean Leader, proved an oil column of 25 m in the Heimdal Formation. The estimated volume of the discovery…
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