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Hess completes $505m sale of stake in Shenzi Field to BHP

Hess completes $505m sale of stake in Shenzi Field to BHP

Hess Corporation has wrapped up the previously announced $505 million sale of its 28% stake in the Shenzi Field in the deepwater Gulf of Mexico to BHP, the field’s operator. Located 120 miles from the Louisiana coast, the Shenzi oil and gas field has been in production since 2009. John Hess – Hess CEO said: “This […]

Seadrill Partners bags $24m contract for West Vela drilling ship from BP

Seadrill Partners bags $24m contract for West Vela drilling ship from BP

Seadrill Partners said that it has bagged additional work from oil and gas giant BP for the West Vela drilling ship in the US Gulf of Mexico. According to the British drilling rig operator, the contract value for the firm part is likely to be $23.8 million. The contract is likely to run until early […]

Hess to sell Shenzi Field stake to BHP Billiton for $505m

Hess to sell Shenzi Field stake to BHP Billiton for $505m

Hess Corporation has signed an agreement to sell its 28% stake in the Shenzi Field located in the deep-water Gulf of Mexico to the field’s operator BHP Billiton for $505 million. The deal will see BHP Billiton increase its stake in the oil and gas field from 44% to 72%. The only other stakeholder in […]

Talos Energy acquires certain US GOM assets from Castex Energy 2005

Talos Energy acquires certain US GOM assets from Castex Energy 2005

US oil and gas company Talos Energy has agreed to acquire 16 assets from affiliates of Castex Energy 2005 in the US Gulf of Mexico (GOM) Shelf core area for $65 million in a stock cum cash deal. Castex Energy 2005 had come out of bankruptcy in 2018 and is presently controlled by prior first […]

King’s Quay FPS Project : Aker Solutions wins umbilicals contract from Subsea 7

King’s Quay FPS Project : Aker Solutions wins umbilicals contract from Subsea 7

King’s Quay FPS Project : Aker Solutions has bagged a contract from Subsea 7 to provide umbilicals for Murphy Exploration and Production Company – USA’s King’s Quay development in the US Gulf of Mexico. Aker Solutions’ work scope includes 22 kilometers of dynamic steel-tube umbilicals and distribution equipment for connecting the King’s Quay floating production […]

Anchor oil field : Williams to deliver natural gas transportation services

Anchor oil field : Williams to deliver natural gas transportation services

Williams has signed an agreement with Chevron and its partner Total E&P USA to deliver offshore natural gas transportation services to the Anchor oil field development in the US Gulf of Mexico. The Anchor oil project is located 140 miles off the Louisiana coast in the Green Canyon area. Chevron is looking to drill multiple […]

Equinor and partners make Monument oil discovery in US Gulf of Mexico

Equinor and partners make Monument oil discovery in US Gulf of Mexico

Monument oil discovery : Equinor and its partners Progress Resources USA and Repsol E&P USA have made an oil discovery in the US Gulf of Mexico following the drilling of the Monument exploration well. According to Equinor, the Monument exploration well intersected nearly 60 metres of net oil pay with good reservoir characteristics in Paleogene […]

Whale field development : Deep Down to deliver RIV control system for FPU

Whale field development : Deep Down to deliver RIV control system for FPU

Deep Down has bagged an order from Shell Offshore for work pertaining to the Whale field development in the US Gulf of Mexico. Under the order, the Houston based oilfield services company will be responsible for the design, engineering and manufacturing of a Riser Isolation Valve control system (RIV control system) and also other subsea […]

North Platte oil field development : Worley wins FEED contract from Total

North Platte oil field development : Worley wins FEED contract from Total

Worley has bagged a front-end engineering design contract (FEED contract) from Total for the North Platte oil field development in the US Gulf of Mexico. For the contract awarded by Total E&P USA, Worley will be using its recently acquired capability for the floating production unit topside design in combination with Intecsea’s experience in designing […]

St. Malo oil field : Subsea 7 bags subsea installation services contract

St. Malo oil field : Subsea 7 bags subsea installation services contract

UK subsea contractor Subsea 7 has bagged a subsea installation services contract from Chevron U.S.A for the St. Malo oil field in the US Gulf of Mexico as per the latest upstream oil and gas news. Chevron and its partners MP Gulf of Mexico (jointly owned by Murphy Oil and Petrobras America), Equinor Gulf of […]

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