Houston-based Cobalt International Energy appointed Timothy J. Cutt as its new CEO and Class I member of the board of directors, each effective 2 July 2016. Cutt has over 30 years of oil and gas experience, most recently as BHP Billiton's president of petroleum…
Current Cue Energy CEO David Biggs has been appointed the new CEO and managing director of AWE Ltd., effective May 2016. Biggs will succeed current CEO Bruce Clement, who has been given six months' notice of his employement termination…
Fugro has been awarded a contract by BHP Billiton Petroleum for the Pyrenees Phase 3 Installation Project, offshore Western Austrailia. The Pyrenees development is located offshore Western Australia, in approximately 200m water depth…
Australia and New Zealand hold vast petroleum potential, much of which remains undeveloped. Audrey Raj sets out the detail. Samples of oil from various New Zealand discoveries. Photo from TAG Oil…
Anglo-Australian multinational mining, metals and petroleum company BHP Billiton plans to have a capital expenditure of US$1.5 billion in 2016 for its offshore projects, and to remain focused on high-return infill drilling opportunities in the Gulf of Mexico and Western Australia…
North West Shelf (NWS) operator Woodside Petroleum said project participants have approved the Greater Western Flank Phase 2 (GWF-2) development off the northwest coast of Australia. GWF-2 will develop 1.6 Tcf of raw gas from the combined Keast…
Ezra’s subsea services division, EMAS AMC, finalized a contract with BHP Billiton for the Angostura phase 3 development offshore Trinidad and Tobago in the eastern Trinidadian sector of the Venezuela basin. The total scope of work includes the project management…
ExxonMobil subsidiary Esso Australia has successfully completed its Turrum field drilling program, drilling five new wells as part of its ongoing investment in Bass Strait to develop new gas supplies. The AUD$335 million investment involved…
Supermajors Chevron and ExxonMobil were two of 26 companies, both privately and in consortia, that have earned the right to submit bids for Mexico’s Round 1 to be held on 15 July, the country’s National Hydrocarbons Commission (CNH) announced on 25 May…
Anglo-Australian multinational mining, metals and petroleum company BHP Billiton has signed exploration licenses for two offshore Barbados blocks in what could be a return to drilling off the Caribbean Island. BHP is reported to be the…
Apache agreed to sell its Australian subsidiary Apache Energy Ltd. to a consortium of private equity funds managed by Macquarie Capital Group Ltd. and Brookfield Asset Management Inc. for cash payment of $2.1 billion. With the sale, the company…
BP finally has filed – and won approval for – its long-awaited revised Mad Dog 2 development plan, records at the US Bureau of Ocean Energy Management show. The new plan calls for a 140,000 b/d semisubmersible floating production platform in 4440ft of water in Green Canyon block 780…
HB Rentals completed the installation of an end-to-end package for BHP Billiton, consisting of offshore accommodation modules and operating essentials for water, sewage, power and lighting. The BHP Billiton project is in the Angostura field…
Hess’s Australian subsidiary, Hess Exploration Australia Pty Ltd. and the North West Shelf (NWS) signed a non-binding letter of intent (LOI) for Hess to develop its natural gas discoveries in its deepwater permits offshore northwestern Australia…
ExxonMobil's subsidiary Esso Australia has started a five-well drilling campaign at the Turrum field as part of its ongoing investment in Bass Strait to develop new gas supplies. The AU$335 million investment in drilling four gas wells and one oil well follows the start-up of the $4…
