ExxonMobil commenced production at the Hadrian South gas field in deep-water US Gulf of Mexico. Production from the field is expected to reach about 52 MBOE/d, comprising 300 MMcf/d of gas and 2.2 Mbbl/d of liquids.
Chevron has awarded McDermott International a contract for the expansion of the Jack and St. Malo fields in the US Gulf of Mexico. The Jack and St. Malo fields are located in the Walker Ridge area of the US GoM, approximately 280 miles south of New Orleans, Louisiana.
Resolute Energy has signed an agreement to sell its non-core assets in the Midland Basin to a private party for approximately $42 million. The assets consist of operated and non-operated properties located in Howard County, Texas.
A JV between Eni and PetroVietnam has signed PSCs for the MD-02 and MD-04 Blocks offshore Myanmar. The PSCs consist of a study period of two years, followed by an exploration period of six years which is subdivided in three phases.
DryShips has entered into an agreement to sell four Suezmax tankers - Vilamoura, Lipari, Petalidi and Bordeira - for a sales price of $245 million. The company sold the tankers to entities controlled by its Chairman and CEO George Economou.