ONGC confirmed as ACG fields partner
Hess (NYSE: HES) has completed the sale of its 2.72% interest in the Azeri, Chirag, and Guneshli fields (ACG) offshore Azerbaijan to ONGC Videsh. More »
RWE signs up for Handcross well offshore west of Shetland
RWE Dea has agreed to farm in to two licenses west of Shetland in the UK offshore far north, and will participate in a well on the Handcross prospect. More »
Caribbean nations search for oil amid spill fears
The turquoise waters that have long brought treasure seekers to the Caribbean now are drawing a new kind of explorer as countries across the region increasingly open their seas to oil exploration. More »
Noble turns on Tamar taps
First gas from the Tamar project offshore Israel has begun to flow, partners in the development announced.
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Huge jack-up completes repairs, heads to work in Alaska
The 400-foot-tall Endeavour jack-up rig, one of the largest such rigs in the world, spent 218 days at the Homer Deep Water Dock and accumulated about $500,000 in harbor fees. More »
Salazar’s legacy: Win some, lose some
During his time heading the Interior Department, outgoing Secretary Ken Salazar has more often come down on the side of conservation — winning applause from outdoor enthusiasts and some environmentalists but drawing jeers from the oil and gas industry. More »
Israel faces geopolitical tangle with natural gas
Recent discoveries of massive offshore natural gas deposits, set to begin flowing in the coming days, are turning into a mixed blessing for Israel. More »
Supercomputers give oil explorers a sharper view underground
Oil companies are using increasingly powerful computers to analyze seismic data and get a clearer picture of the earth below before they start drilling. More »
BP, Shell to drill for more reserves at offshore Clair field
BP Plc and its partners agreed to drill five additional wells at the Clair field west of Scotland’s Shetland Islands as Europe’s second-biggest oil company seeks to expand the giant discovery. More »
Appraisal drilling to determine future phase of Clair
BP and partners Shell, ConocoPhillips, and Chevron will pursue a two-year appraisal program that could lead to a third-phase development of the Clair field west of Shetland. More »
UK association updates offshore relief well guidance
Oil & Gas UK has released the second edition of its guidelines on Relief Well Planning for Offshore Wells on the UK continental shelf. More »
Grupo R orders four Keppel jackups
KeppelFELS has secured contracts worth $820 million to build four jackup rigs for Mexican driller Grupo R. More »
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