Oil & Gas News

Deputy Secretary of the Interior David Bernhardt has announced that region-wide Gulf of Mexico Lease Sale 251 generated $178,069,406 in high bids for 144 tracts covering 801,288 acres in federal waters of the Gulf of Mexico. A total of 29 companies participated in the lease sale, submitting $202,667,923 in bids.

Explore Offshore national co-chair Jim Nicholson, who served as Secretary of Veterans Affairs during the George W. Bush Administration, and state co-chairs, Dr. Miriam Ramirez and Former Lieutenant Governor Jeff Kottkamp, held the first event in Florida of Explore Offshore, a bipartisan national coalition to promote responsible access to domestic offshore natural gas and oil resources to help supply reliable, affordable energy for all Floridians.

With more than 1600 runs and 730 activations, operators across the globe are cutting rig time by deploying the DAV MX™ CircSub, the flagship tool from specialist oilfield service company, Churchill Drilling Tools. Run in hundreds of wells every year and recognized for its reliability, resilience and versatility, the dart activated DAV MX™ is the ultimate downhole circulation tool.

Oceaneering International, Inc. announced has that one of its wholly owned subsidiaries, Marine Production Systems do Brasil Ltda., has secured a four-year contract with a one-year optional extension period from Petróleo Brasileiro S.A. ("Petrobras") in Brazil. The contract will support intervention and completion operations in Brazil.

Mexico’s President-elect Andres Manuel Lopez Obrador (often abbreviated as AMLO) has promised to invest around 175 billion pesos ($9.4 billion) into his nation’s state-owned energy enterprise, Pemex. Whether this means he will increase cooperation with foreign-operated companies or further nationalize his nation’s hydrocarbon resources remains to be seen.

Wood has further extended the SURF IM Network, which aims to share experience and lessons learned from subsea integrity and reliability issues and is supported by 10 major global operators: BP, Chevron, ExxonMobil, Hess, Husky, PETRONAS, Shell, Suncor, Total and Woodside.

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