Alizé Sets New Standard with Nautilus-Sentinel in the Mexican Waters of the Gulf of Mexico

Friday, January 22nd, 2010

CGGVeritas (ISIN: 0000120164 – NYSE : CGV) announced today that the successful deployment of its Nautilus acoustic positioning and streamer steering system on the Alizé, one of its high-end ...


CGGVeritas Extends Gulf of Mexico Three Corners 3D Wide-Azimuth Survey

Thursday, January 14th, 2010

CGGVeritas announced today that it has begun acquiring the Three Corners Extension 3D Wide-Azimuth multi-client survey in the western Gulf of Mexico. The 415-OCS block wide-azimuth survey is an extension of ...


Appraisal well confirms western extension of the Kaskida field in the Gulf of Mexico

Tuesday, November 17th, 2009

BP today confirmed that an appraisal well to test a western extension of the Kaskida field has confirmed oil in Lower Tertiary reservoirs five miles to the west of the ...


Zarubezhneft to Explore for Oil in Cuba

Thursday, November 5th, 2009

Zarubezhneft has signed contracts with Cuba to search for oil along the island's northern coast. Zarubezhneft signed a deal with state-owned Cuba Petroleos for four almost contiguous blocks - two onshore ...


Eni starts production of the Longhorn gas field, located in the Gulf of Mexico

Monday, November 2nd, 2009

Eni operates the Longhorn field with a 75% working interest. The field will initially produce gas at a rate of approximately 200 million standard cubic feet of gas per day. Eni ...


Knowledge Reservoir Leverages Improved Oil Recovery Expertise Across Global Projects

Monday, October 5th, 2009

 Knowledge Reservoir, a leading geosciences and engineering consulting company, today announced several new initiatives in the area of Improved Oil Recovery (IOR). Building on its reputation as the leader in deepwater ...


Schlumberger Releases World’s First In-Riser System with SIL 2 Certification

Wednesday, September 9th, 2009

The New SenTURIAN System Offers Fast-Acting Control and Equipment Verification on Subsea Wells in all Environments ABERDEEN, September 9, 2009 - Schlumberger announced today at the 2009 SPE Offshore Europe Oil ...


Chevron Commences Operations on Next Generation Ultra-Deepwater DrillshipDiscoverer Clear Leader Designed to Drill Wells to a Total Depth of 40,000 Feet

Tuesday, August 18th, 2009

Chevron U.S.A. Inc., a wholly owned subsidiary of Chevron Corporation (NYSE: CVX), today announced that the Discoverer Clear Leader, an ultra-deepwater drillship newly built to Chevron’s specifications, has begun work ...


TECHNIP AWARDED TWO SUBSEA CONTRACTS FOR THE CAESAR/TONGA FIELD IN THE GULF OF MEXICO

Friday, July 17th, 2009

Technip has been awarded two lump sum contracts by Anadarko Petroleum Corporation as Unit Operator for the Caesar/Tonga oil field development in the Gulf of Mexico. This field is located ...


Total announces start-up of production of the Tahiti field in the Gulf of Mexico

Wednesday, May 6th, 2009

 Total announces that the Tahiti field located in the Gulf of Mexico started production on May 5, 2009. This deepwater field, operated by Chevron, in which Total owns a 17% ...


BP Announces Start-up of Dorado and King South Projects in Gulf of Mexico

Wednesday, May 6th, 2009

Houston -- BP today announced it has begun production from the Dorado and King South projects in the Gulf of Mexico. Both projects are subsea tiebacks to the existing BP ...


Oil News from around the web, Exxon Mobil and Hess have won new explorations rights ; National Energy Regulator of South Africa

Tuesday, May 5th, 2009

)))))The National Energy Regulator of South Africa (Nersa) has reduced tariffs by 10.38 percent for petroleum transportation through Transnet's pipelines for the 2009/10 financial year. According to NERSA, this translated into ...


TDW Offshore Services AS Employees Receive Surprise Bonus

Wednesday, April 29th, 2009

Bonus Triggered by 36% Increased Turnover in 2008 TDW Offshore Services AS, a leading provider of pipeline services and technology, today announced that it has distributed a bonus to its employees ...


Chevron: Major Investments in Upstream and Downstream Are Shaping the Company for Growth, Financial Strength

Thursday, March 12th, 2009

Chevron Is Competitively Advantaged for Challenging Times NEW YORK, March 10, 2009 – Chevron Corporation (NYSE: CVX) is well positioned to deal with difficult market conditions given its strong balance sheet, ...


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 ...


Overview of U.S. Petroleum & Gas

Wednesday, January 14th, 2009

Consumption.  The increase in prices to record levels in 2008 and the weakening economy drove total petroleum products consumption down by about 1.2 million bbl/d, or 5.7 percent, from the ...


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 ...


BP Announces Gulf of Mexico Discovery

Wednesday, October 15th, 2008

BP America Inc. announced today an oil discovery at its Freedom Prospect in the deepwater Gulf of Mexico. The well, located in Mississippi Canyon Block 948, approximately 70 miles southeast ...


Eni acquires 5 new exploration licenses in US Gulf of Mexico

Thursday, August 28th, 2008

Eni's winning bids totalled approximately $11 million. All the new leases are 100% - owned and operated by Eni and are located in the Keathley Canyon Area, one of the ...


Shell injecting new life into Ursa and Princess Fields in Gulf of Mexico

Monday, July 7th, 2008

Shell announced today that it has achieved yet another milestone in the Ursa/Princess Waterflood project. First injection of water occurred on July 3, 2008, and is planned to continue for ...


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) ...


Petrobras participates in discovery in ultra-deep

Tuesday, May 27th, 2008

Gulf of Mexico waters (Rio de Janeiro, May 26, 2008) – PETRÓLEO BRASILEIRO S/A - PETROBRAS, [Bovespa: PETR3/PETR4, NYSE: PBR/PBRA, Latibex: XPBR/XPBRA, BCBA: APBR/APBRA], a Brazilian international energy company, announces the ...


Crosstex Energy Signs Agreement with Contango to Process Gulf of Mexico Deep-Shelf Gas Production

Wednesday, April 30th, 2008

DALLAS--(BUSINESS WIRE)--Crosstex Energy, L.P. (NASDAQ: XTEX) (the Partnership) today announced an agreement with Contango Operators, Inc. to process gas from Contango’s Mary Rose gas field discoveries that successfully tested deep-shelf ...


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 ...


TGS Announces Another New Multi-Client 3D Survey in the Gulf of Mexico

Wednesday, February 27th, 2008

Company Acquires Data for March 2009 Lease Offering Asker, Norway (27 February 2008) – TGS-NOPEC Geophysical Company (TGS) announces today its recently commenced multi-client 3D survey in the Gulf of Mexico. ...