Subsea 7, a major player in seabed-to-surface engineering construction, and services, today announces the award of two engineering and installation contracts from Shell for the Cardamom and West Boreas Projects in the Gulf of Mexico. Subsea 7’s scope of work on West Boreas is the installation of a 6,096m (20,000ft) long umbilical as well as [...]
December 12, 2011 | Posted in
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TGS has commenced acquisition of a 3D multi-client wide azimuth (WAZ) survey covering 11,655 km2 in the Gulf of Mexico in partnership with WesternGeco. The survey, Patriot WAZ 3D, will be the first orthogonal WAZ survey covering a large portion of the existing Freedom WAZ data set. Following the acquisition of Patriot WAZ the data [...]
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International energy consultancy Xodus Group has secured more than $1 million of contracts in the Gulf of Mexico since it opened its office in Houston in February. The company’s recruitment drive continues and it has invested $2 million in a move to new larger premises in Richmond Avenue in the city’s energy corridor. The [...]
ATP Oil & Gas Corporation today announced it sold its interest in the deep rights (below 23,499 TVDSS) in one of its Telemark Hub properties to a third party for an undisclosed amount resulting in an estimated gain of $26 million. In addition to the cash proceeds, ATP retained a 1% overriding royalty interest. Leland [...]
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Today, Nexen Inc. , an independent, Canadian-based global energy company has entered a joint venture with China’s CNOOC Limited in the Gulf of Mexico. The joint venture will provide CNOOC Limited with a working interest in up to six deepwater exploration wells in the Gulf of Mexico. Among the prospects included in the deal [...]
Petrobras last week announced a new oil discovery in the extreme southwestern part of the Walker Ridge concession area, located in America’s Gulf of Mexico ultra-deep waters. The discovery confirms the Lower Tertiary’s potential in this area. The Logan discovery is approximately 400 km (250 miles) southwest of New Orleans, at a water of around [...]
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Van Oord‘s flexible fallpipe vessel (FFPV) Tertnes has been to the east coast of Mexico (Bay of Campeche) to execute subsea rock installation projects on pipelines and cables for various main contractors. The ultimate client is state oil and gas company PEMEX. FFPV vessel Tertnes was deployed to the Far East via the Panama Canal [...]
![Genesis Energy to Buy U.S. Gulf of Mexico Pipelines from Marathon]()
Genesis Energy, L.P. announced yesterday that it has entered into definitive agreements to acquire from Marathon Oil Company interests in several Gulf of Mexico crude oil pipeline systems, including its 28% interest in Poseidon Oil Pipeline Company, L.L.C., its 29% interest in Odyssey Pipeline L.L.C., and its 23% interest in the Eugene Island Pipeline System. [...]
EMAS, a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry and operating brand for Ezra Holdings Limited (Ezra or the Group), today announces that its subsea construction division, EMAS AMC, has been awarded a contract by BP Exploration & Production, Inc. (“BP”). EMAS AMC will perform [...]
Cal Dive International, Inc. announced today that it has been awarded a contract by Pemex Exploración y Producción for the installation of an 8 inch subsea pipeline located in the Abkatun Field in 47 meters of water. The contract will generate total revenue of approximately $27 million and will utilize two of the Company’s key [...]
