CNOOC Limited announced a major oil field discovery at the Qinhuangdao 27-3 in Bohai Sea, adding over a hundred million tons of oil equivalent proved in-place volume, in a March 18 update. Qinhuangdao 27-3 is located in the north-central waters...

Oceaneering International recently made an advancement in subsea geotechnical surveying by placing an order with UK-based Feritech Global for an auto-drop piston corer. It said the next-generation equipment is anticipated to revolutionize the process of extracting sediment samples from...

ExxonMobil Guyana said it made a discovery at the Bluefin well in the Stabroek Block offshore Guyana, its first this year. The Bluefin well encountered approximately 197 feet (60 meters) of hydrocarbon-bearing sandstone and was drilled by the Stena Drillmax...

To bolster the competitiveness of Guyana's burgeoning economy, strategic investments in infrastructure and targeted training initiatives are pivotal determinants. This is according to ExxonMobil Guyana President, Alistair Routledge. Exxon is the operator of Guyana’s Stabroek Block.  In his presentation at...

CGX is preparing to finally initiate cargo operations at the Berbice Deep Water Port (BDWP), with a targeted start in the second quarter of 2024, the company said in recent financial statements.  This follows multiple delays of work on the...

TotalEnergies and QatarEnergy have inked an agreement to acquire participating interests in Block 3B/4B, offshore South Africa. This move sees the partners taking over stakes from Africa Oil South Africa, Azinam (a subsidiary of Eco Atlantic Oil and Gas),...

HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that it will participate in the following upcoming events: Piper Sandler 24th Annual Energy Conference in Las Vegas, Nevada at the Waldorf Astoria on Tuesday, March 19 and Wednesday, March...

CNOOC Limited said it has made a major oilfield discovery at the Kaiping South field in the deep-water deep-play of the South China Sea, which adds over a hundred million tons of oil equivalent proved in-place volume. The Kaiping South...

To bolster its position in the Asian market, Blue Water has announced its official acquisition of Zodiac Solutions, paving the way for its expansion into South Korea. This strategic development took place at the Korea - Denmark Offshore Wind...

DALLAS--(BUSINESS WIRE)--Kosmos Energy Ltd. (NYSE/LSE: KOS) (“Kosmos” or the "Company"), announced today that it has priced a private offering of $350 million aggregate principal amount of its 3.125% convertible senior notes due 2030 (the "notes"), which represents a $50...