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The round raised roughly $829 million in signature bonuses and a commitment of $194.2 million in planned investments for exploratory work.
Knowledge sharing ensures the offshore oil and gas industry is leaner and meaner in 2018.
High-resolution data, dense spatial sampling and near-offset/near-angle information are key elements for success.
New technologies enable better repeatability and imaging.
Shell shares Malikai update while Exxon Mobil offers Hebron report.
Fugro has a new AUV (Autonomous Underwater Vehicle) to play with, after recently taking delivery of the Hugin 1000 AUV, E...
BW Offshore has sold the VLCC BW Opal...
An FPSO, export pipeline and floating liquefaction solution is on the drawing board for an ultradeepwater gas discovery in the South China Sea operated by CNOOC.
DNV GL is leading a Joint Industry Project (JIP) aimed at solving the challenges brought about by sour service fluids from wells and the demands it places on pipeline material.
Odfjell Drilling expects the deepwater rig market to remain weak over the next couple of years, due to the continued delivery of newbuild units and oil companies’ increased cost focus and capital discipline.