Offshore Press Releases By Categories

Offshore Press Releases By Categories

The vice president of trade and supply of Petróleos de Venezuela, S.A. Ysmel Serrano, concluded a productive work trip to the Republic of Cuba in order to strengthen energy cooperation ties as part of the Cuba-Venezuela Agreement. Key issues for the development of integration policies with the peoples of the…
BHP Billiton announced that the Board has approved expenditure of US$2.2 billion for its share of the development of the Mad Dog Phase 2 project in the Gulf of Mexico. BHP Billiton holds a 23.9 per cent participating interest in the Mad Dog field. BP, the operator, holds a 60.5…
Freedom Oil and Gas Ltd. announced the signing of a contract with Patterson-UTI Drilling Company for the drilling of two wells in the Eagle Ford Shale. These wells will be drilled on Freedom’s newly acquired 8,000 acres located in Dimmit County in south Texas. The Patterson rig is currently drilling…
EP Energy Corporation announced it has, through a subsidiary, entered into a drilling joint venture with private capital investor, Wolfcamp Drillco Operating L.P. to fund future oil and natural gas development in its Wolfcamp program. Drilling Joint Venture highlights Up to a 150 well program in two 75 well tranches…
Exxon Mobil Corporation announced a new natural gas discovery in the Papua New Guinea North Highlands, 13 miles (21 kilometers) northwest of the Hides Gas Field. Interest owners are ExxonMobil (42.5 percent), Oil Search Limited (37.5 percent) and Barracuda Limited, a subsidiary of Santos Limited (20 percent, subject to regulatory…
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