Category Archives: Offshore Ocean News and Information

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Seismic program planned off Sri Lanka’s east coast

The Sri Lanka government is planning what it is calling a “first-ever” seismic acquisition off the country’s east coast, under a joint exploration agreement with France’s Total SA.

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Unlocking the Atlantic shelf

Attendees of the annual Offshore Technology Conference over May 1-4 in Houston were more optimistic this year.

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Comment: Mexico's energy reform in the deep water: cautionary notes

Four lease auctions have taken place in Mexico since this author’s last comment about the need for a sobriety check on that country’s energy reform was published in Oil & Gas Journal.

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Talos spuds Zama-1 exploration well in Mexico’s shallow waters

Talos Energy LLC, Houston, has spudded the Zama-1 exploration well on Block 7 in the shallow-water Sureste basin offshore Mexico.

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Oil and gas firms' first-quarter results improved on higher oil prices

A sample of 64 US-based oil and gas producers and refiners posted a combined net income of $6 billion for this year’s first quarter compared with a combined net loss of $15.5 billion for the same period in 2016. The group’s collective revenues in this year’s first quarter were $211.64 billion, up from revenues of…

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OGJ Newsletter

International news for oil and gas professionals

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BSEE extends offshore oil, gas development deadline to a full year

The US Bureau of Safety and Environmental Enforcement extended the deadline for offshore oil and gas operators to coordinate their operations and retain their federal leases from 180 days a full year.

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Northern Petroleum gets Italian licenses

Northern Petroleum PLC is reviewing potential for redevelopment of two suspended fields in Italy in a package of onshore licenses it is acquiring from Rockhopper Exploration PLC. Both companies are based in London.

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Statoil takes over Great Australian Bight permits, program from BP

Norway’s Statoil ASA has committed to continue the deepwater offshore exploration program in the Great Australian Bight that was vacated by BP PLC late last year.

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