BP Enters Deepwater Brazil and Strengthens Core Portfolio

Monday, March 15th, 2010

BP today announced a transaction that will deliver a material exploration position in the deepwater offshore Brazil and significantly enhance its position in core strategic areas In a broad-ranging deal, ...


GE Oil & Gas Subsea Upgrade Boosts Angolan Deepwater Oil Production

Thursday, February 4th, 2010

World’s First Use of GE VetcoGray Technology for Scale-Squeeze Application in Deepwater LUANDA, ANGOLA and HOUSTON, U.S. – February 2, 2010 - GE Oil & Gas, a world leading company ...


ExxonMobil Commences Drilling Libya’s First Deepwater Well

Thursday, July 16th, 2009

ExxonMobil Exploration Company announced today that its affiliate, ExxonMobil Libya Limited, has started drilling the first deepwater exploration well in Libya. The A1-20/3 well is being drilled in Contract Area ...


Knowledge Reservoir Announces Major Upgrade to its Deepwater Gulf of Mexico Knowledge Base – ReservoirKB™

Tuesday, April 28th, 2009

Knowledge Reservoir LLC, a leading geosciences and engineering consulting services company, today announced the eagerly awaited 2009 release of its Deepwater Gulf of Mexico knowledge base, ReservoirKB™. This latest release of ...


Vanco and LUKOIL Sign New Petroleum Agreement in Ghana

Wednesday, April 1st, 2009

Drilling Unit Leaves Port for Deepwater Drilling ACCRA, Ghana--(BUSINESS WIRE)--The Government of the Republic of Ghana, the Ghana National Petroleum Corporation (GNPC), Vanco Ghana Ltd. and LUKOIL Overseas Ghana Ltd., ...


Addax Petroleum Secures Fifth Generation Drillship to Commence Deepwater After Exploration in 2009

Wednesday, March 11th, 2009

Deepwater exploration campaign expected to commence in the fourth quarter of 2009 Calgary, Alberta, March 11th, 2009 – Addax Petroleum Corporation (“Addax Petroleum” or the “Corporation”) (TSX:AXC and LSE:AXC), today announces ...


Chevron Announces Oil Discovery in Deepwater U.S. Gulf of Mexico

Thursday, February 5th, 2009

Buckskin prospect in Lower Tertiary is similar to company's Jack discovery SAN RAMON, Calif., Feb. 5, 2009 - Chevron Corporation (NYSE: CVX) today announced a new deepwater oil discovery at the ...


Eni announces a new discovery in the US Gulf of Mexico deepwater

Wednesday, February 4th, 2009

Well data are now being collected and evaluated to assess the size of the discovery. San Donato Milanese (Milan), 3 February 2009 – Eni made a new hydrocarbon  discovery in the ...


Oando completes acquisition for 15% stake in Agip’s Deepwater Blocks

Monday, January 12th, 2009

Makes total payment of USD197 million Makes history with first indigenous, deepwater producing participation Oando PLC, Nigeria's leading integrated energy solutions provider, has announced the payment of USD$197 million to Agip for ...


Chevron Announces First Oil From Blind Faith Field in Gulf of Mexico Deepwater

Thursday, November 13th, 2008

Facility Expected to Produce 70,000 Barrels of Oil Equivalent Per Day SAN RAMON, Calif., Nov 12, 2008 (BUSINESS WIRE) -- Chevron Corporation (NYSE:CVX) today announced that it has started crude oil ...


Vanco and Lukoil Secure Drilling Unit for Ghana Deepwater Drilling

Tuesday, August 26th, 2008

HOUSTON--(BUSINESS WIRE)--Vanco Ghana Ltd, together with partner Lukoil Overseas Ghana Ltd, has completed contractual arrangements for the Aban Abraham drillship to drill the Dzata-1 well, which will be the first ...


Agbami oil field, Nigeria

Thursday, July 24th, 2008

Agbami oil field is Nigeria's largest deepwater development and lies in OPL Blocks 216 and 217, approximately 220 miles south-east of Lagos and 70 miles offshore of Nigeria, in the ...


BHP Billiton Starts Production From Neptune Facility In The Deepwater Gulf Of Mexico

Monday, July 7th, 2008

BHP Billiton announced today that first oil and natural gas production has commenced from the Neptune development in the deepwater Gulf of Mexico. The single-column tension leg platform (TLP) is ...


BHP Billiton Begins Production from Neptune Facility in the Deepwater Gulf of Mexico

Monday, July 7th, 2008

HOUSTON--(BUSINESS WIRE)--BHP Billiton announced today that first oil and natural gas production has commenced from the Neptune development in the deepwater Gulf of Mexico. The single-column tension leg platform (TLP) ...


Kosmos Energy Signs Agreements for Additional Deepwater Rig Capacity to Explore

Wednesday, June 25th, 2008

Appraise West African Acreage Company to Accelerate Drilling of Prolific Jubilee Oil Field Discovery in Ghana DALLAS--(BUSINESS WIRE)--Kosmos Energy announces today that the company has signed agreements with Atwood Oceanics Pacific ...


Transocean GSF Rig 127 Drills Deepest Extended-Reach Well

Wednesday, May 21st, 2008

HOUSTON, May 21, 2008 (PRIME NEWSWIRE) -- Transocean Inc. (NYSE:RIG) today announced that the Transocean jackup GSF Rig 127 set a world record for the longest extended-reach well ever drilled ...


Kosmos Energy says its oil field at West Cape Three Points is the largest discovery in deep water West Africa

Thursday, May 8th, 2008

It is also potentially the largest single field discovered in the region, which includes oil major Nigeria. Accra, According to a report in the official Government of Ghana portal, an appraisal ...


Eni starts development of the Longhorn gas field located in the Gulf of Mexico deepwater

Monday, April 28th, 2008

Initial production is expected to begin in March 2009 with a gross peak production rate of 200 million cubic feet per day (approx. 35,000 barrels of oil equivalent per day) San ...


Chevron Confirms Development of Nigeria Deepwater Field

Friday, February 29th, 2008

SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron (NYSE:CVX) confirms that its subsidiary Chevron Nigeria Deepwater Limited and its co-venturers are moving forward to develop the offshore Usan field in Nigeria. “The Usan development project ...


Acergy S.A. announces $150 million deepwater contract award in Australia

Thursday, February 14th, 2008

London, England – February 13, 2008 – Acergy S.A. (NASDAQ NM: ACGY; Oslo Stock Exchange: ACY) announced today the award of a $150 million contract from Woodside for offshore installation ...


Research and Markets: Usan Remains One of the More Attractive Deepwater Developments from the Point Of View of NNPC and the Nigerian Government

Tuesday, February 5th, 2008

DUBLIN, Ireland--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/reports/c81760) has announced the addition of OPL 222 (Usan and Ukot Fields) Asset Analyis (Nigeria) 2007 to their offering. Summary OPL 222 is located in the ...


Shell to co-develop deepwater Gumusut-Kakap field offshore Malaysia

Wednesday, January 30th, 2008

30/01/2008   Shell announced that Final Investment Decision has been taken to jointly develop the Gumusut-Kakap field, located in deepwater, offshore Sabah, Malaysia.       Sabah Shell Petroleum Company will be operator of the development, ...