Exploration

BP announced today that it has agreed to sell its interests in the Pompano and Mica fields in the deepwater Gulf of Mexico to Stone Energy Offshore, LLC, a subsidiary of Stone Energy Corp.

The American Petroleum Institute supports pro job legislation to expand American energy production.

Kosmos Energy announced today that the Teak-3A appraisal well has confirmed a northern extension of the Teak discovery on the West Cape Three Points Block offshore Ghana.

FMC Technologies, Inc. has set a new deepwater completion record of 9627 ft (2934 m) with its enhanced vertical deepwater tree (EVDT) system.

Chevron Corp. has confirmed that cementing operations are now taking place as part of its well plugging activities on an appraisal well located in the vicinity of the Frade field offshore Brazil.

DNV are to class Dockwise’s new heavy lift vessel, the Dockwise Vanguard, the vessel is the world’s largest heavy lift vessel and can lift weights of to 110,000 tonnes.

Spectrum will commence acquisition of a new 2D multiclient seismic survey in November 2011 which covers several blocks in the northern equatorial margin offshore Brasil.

A £47.5 billion business opportunity is opening up for companies in decommissioning the North Sea’s huge infrastructure of offshore oil and gas fields according to new research to be published by Deloitte and Douglas-Westwood.

Rex W. Tillerson has been recognised by UN Foundation as the recipient of 2011 Global Leadership Award.

American Petroleum Institute has launched a campaign against punitive taxes on the industry.

Fugro OSAE GmbH has been awarded a €2.3 million hydrographic survey contract by the Norwegian Hydrographic Service (NHS).

Nexans has been awarded a contract by Chevron U.S.A. Inc. to design, manufacture and supply a total of 138,000 ft (42km) of power umbilicals and terminations for the Jack and St. Malo fields in the Deepwater Gulf of Mexico.

Protesters are said to have scaled a drilling rig at Cuadrilla resource’s Bank site to protest at the shale gas exploration in the area.

Gérard Mestrallet, Chairman and CEO of GDF SUEZ signed two agreements with China Investment Corporation (CIC) and China National Offshore Oil Corporation (CNOOC) illustrating the development strategy of GDF SUEZ in China and in the Asia-Pacific region.

OAO Gazprom, and of BASF SE have signed a framework agreement which sets out the terms for the planned asset swap to further expand the successful cooperation.