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Transocean Ltd Announces Cash Tender Offers

Enterprise receives approval to build Texas deepwater oil port as exports soar

The United States Maritime Administration issued a license for the Sea Port Oil Terminal, which will allow Enterprise to move forward with construction of the terminal. The SPOT terminal will be only the fourth in the U.S. to load supertankers, the ships that make long-haul voyages to clients in Asia more economical.

Beacon Energy sells deepwater Gulf of Mexico assets to GOM 1 Holdings

The divestment includes Beacon’s 18.7% interest in the Buckskin producing field, 17% interest in the Leon development, 16.15% interest in the Castile development, 0.5% interest in the Salamanca FPS/lateral infrastructure, and 32.83% interest in the Sicily discovery.

Offshore Oil & Gas E&P Staging A Comeback

The high success rate of drilling and appraisal activity offshore Africa s southwestern coast is spurring Big Oil to boost acreage in the area and seek other exploration frontiers.

Remotely Controlled Well Completion Carried Out at SNEPCo s Bonga Field

Optime Subsea, which supplied the operation’s remotely operated controls system, says its technology reduces equipment from transportation lists and reduces operation time.

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