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RIO DE JANEIRO (Bloomberg) -- Petroleo Brasileiro SA CEO Maria das Gracas Foster said in June that the development of Brazil’s giant oil discoveries beneath a layer of salt would be cheaper than competing North American projects. That advantage is quickly evaporating.
TRONDHEIM, Norway -- Exploration drilling on the Krafla North prospect in PL 035 is about to be completed. Exploration well 30/11-10 encountered an 80 m oil column in the Tarbert formation and a 20 m oil column in the Etive formation, Det norske, a partner in the license, said in a statement.
MILAN, Italy -- Eni has finalized with Petrogal, a wholly owned subsidiary of the Portuguese company Galp Energia, a farm in agreement for the acquisition of a 70% stake and operatorship of the Gamba, Santola and Lavagante permits.
STAVANGER, Norway -- Statoil, on behalf of the Mariner co-venturers, has awarded the contract for integrated drilling and well services on the Mariner field on the UKCS to Schlumberger Oilfield UK.
DUBAI -- Polarcus has signed a Letter of Intent with Perenco Oil & Gas Gabon S.A. for a 3D marine seismic acquisition project offshore West Africa.
STAVANGER, Norway -- RWE Dea Norge AS, operator of production license 420, is in the process of concluding the drilling of wildcat well 35/9-12 S. The well will be classified as dry. The well was drilled about 20 km southwest of the GjØa field in the North Sea and about 80 km southwest of FlorØ.
FMC Technologies bags $393 million subsea systems contract offshore Angola HOUSTON FMC Technologies has received an order from Eni Angola to supply subsea production systems for its deepwater Block 15 06 East Hub development. The order has an estimated value
WASHINGTON, D.C. -- U.S. Secretary of the Interior Sally Jewell has named Abigail Ross Hopper as the director of the Bureau of Ocean Energy Management (BOEM), the agency responsible for the development of conventional and renewable energy and marine mineral resources on the Outer Continental Shelf.
HAMRIYAH, United Arab Emirates -- Lamprell has completed construction of a further jackup rig, the Shuwehat, and delivered it to Abu Dhabi’s National Drilling Company (NDC).
Woodside to farm in with BP in Nova Scotia PERTH, Australia Woodside has finalized an agreement with BP to farm in to offshore blocks in the Scotian Basin, located off the coast of Nova Scotia, Canada. BP accepted Woodside’s offer
Teekay Offshore bags FPSO contract in Santos basin acquires two FPSO vessels HAMILTON, Bermuda Teekay Offshore has entered into an agreement with a consortium led by Queiroz Galvão Exploração e Produção (QGEP) to provide a FPSO unit for the Atlanta
Blackhawk launches new wireless cement head HOUSTON Blackhawk Specialty Tools has developed the Hawkeye, a wireless top drive cement head that enhances speed, efficiency and safety in cementing operations. The Hawkeye operates on a fully wireless automation system, eradicating the
TRONDHEIM, Norway -- Electromagnetic Geoservices (EMGS) has entered into a data licensing agreement with an oil company worth $7.1 million for the provision of 3D EM data from EMGS' multi-client data library in the Barents Sea.
SINGAPORE -- Nordic Maritime Pte. Ltd., an offshore service operator, has been awarded a contract to provide 2D seismic survey work in Indonesia by MultiClient Geophysical (Pte) Ltd.
HOUSTON -- FMC Technologies has received an order from Star Deep Water Petroleum Limited (a Chevron company), operator of the Agbami field, to provide subsea equipment for operations in the Agbami field, offshore Nigeria. The Agbami field is located 70 nautical miles (113 km) off the coast of the central Niger Delta region, at a water depth of approximately 4,800 ft (1,463 m).
Subsea 7 bags an installation contract in the U.S. Gulf of Mexico LUXEMBOURG Subsea 7 has been awarded a contract by Hess Corporation for installation work in support of the Stampede Project in deepwater U.S. Gulf of Mexico. The scope
VARD secures contract for Offshore Subsea Construction Vessel ALESUND, Norway Vard Holdings (VARD) has secured a contract for the design and construction of one Offshore Subsea Construction Vessel for Farstad Shipping. The vessel will be of VARD 3 17 design,
Statoil plans to develop the Rutil discovery in North Sea STAVANGER, Norway Statoil and its partners have decided to develop the Rutil discovery located in the Gullfaks Rimfaks valley in the North Sea. Providing close to 80 MMboe, the development
Golar LNG Partners acquires FSRU Golar Eskimo for $390 million HAMILTON, Bermuda Golar LNG has entered into an agreement to sell its ownership interests in the companies that will own and operate the floating storage and regasification unit (FSRU) Golar
2H Offshore to deliver lightweight conductor supported platform offshore Malaysia KUALA LUMPUR 2H Offshore will deliver a lightweight conductor supported platform for EQ Petroleum Developments Malaysia, a subsidiary of EnQuest, for installation in the Tanjong Baram field, offshore Malaysia. The
GE to acquire Oceaneering’s Subsea Electric Actuator product line STAVANGER, Norway GE has signed an agreement to acquire the Subsea Electric Actuator product line of Oceaneering. The product line goes to market under the Oceaneering Subsea All Electric and Ifokus
Blue Ocean' s IRIS breaks world depth record in deepwater subsea interventions THE WOODLANDS, Texas Blue Ocean Technologies' Interchangeable Riserless Intervention System (IRIS), recently intervened on a deepwater production well in the Gulf of Mexico’s Desoto Canyon, reaching a record breaking
TRONDHEIM, Norway -- Electromagnetic Geoservices (EMGS) and TGS have agreed to further expand the companies' cooperation agreement in the Barents Sea.
LONDON -- Amec Foster Wheeler has announced the award of a front end engineering design (FEED) contract by Chevron North Sea Limited to an Amec Foster Wheeler company for the Captain Enhanced Oil Recovery (EOR) development in the North Sea.
STAVANGER, Norway -- Noreco has been informed by Huntington field operator E.ON that the resumption of production has been further delayed due to an incident during the restart of the CATS riser platform.
HØVIK, Norway -- Hot on the heels of a new Recommended Practice (RP) for subsea lifting, DNV GL has now published an RP providing guidance on how to establish, implement and maintain an integrity management system (IMS). The aim is to help operators carry out maintenance activities at the most cost effective intervals, increase confidence in the condition of the subsea equipment and ensure an unified and reliable reference for both authorities and the industry.
MILAN, Italy -- Eni has completed the production test on the Minsala Marine 1 NFW, located in the Marine XII Block offshore Congo, 35 km from the shoreline and 12 km from the recent Nené Marine discovery.
Husky Energy brings second Liwan Gas field online CALGARY, Alberta Husky Energy and CNOOC have started production at the Liuhua 34 2 gas field in the South China Sea, the second field to be brought online at the Liwan Gas
Aker Solutions wins two contracts in North Sea FORNEBU, Norway Aker Solutions secured a contract from Daewoo Shipbuilding and Marine Engineering to provide engineering, construction and commissioning services for the hook up phase of the Mariner oilfield development in the
Vallianz bags $97 million charter award in the Middle East SINGAPORE Vallianz Holdings has secured a time charter award worth $97 million with one of the world’s largest national oil companies in the Middle East (NOC). Under the award, Vallianz
Swiber wins $710 million worth offshore field development award in West Africa SINGAPORE Swiber Holdings has made its first foray into the offshore oil and gas market in West Africa by securing an award from a Houston based oil and
Bumi Armada consortium bags approximately $1.18 billion worth FPSO contract KUALA LUMPUR, Malaysia Bumi Armada Berhad has announced that its wholly owned subsidiary Bumi Armada Offshore, together with its JV company, PT Armada Gema Nusantara have been awarded a contract
