Centek Inc., has been awarded API certification for its US centralizer manufacturing plant in Oklahoma City. Centralizer production started in the plant in July 2012 with 20 employees and this has now grown to a 90 strong workforce producing 35…
Petrobras discovered goodquality oil (26° API) in the Entorno de Iara area in the Santos Basin pre-salt region. Well 1-BRSA-1146-RJS (1-RJS-711), known as Entorno de Iara 1, is in 2266m of water, 235km off Rio de Janeiro state. The well produced oil from carbonates at 5045m, just below the salt.
Ivanhoe Energy and SBM Offshore formed a global strategic alliance to create floating, production, upgrading, storage and offloading vessels (FPUSO). The design, the companies say, will economically produce and upgrade heavy oil from…
Operators, contractors and regulators are working in close cooperation to maintain continuous improvement in offshore safety, Center for Offshore Safety Executive Director Charlie Williams told reporters this morning. He said the Offshore…
After comprehensive third-party testing, Trelleborg Sealing Solutions now has 20 best-in-class materials qualified to stringent API and ISO specifications. The wide range of approved compounds, from elastomers to PEEK and PTFE based compounds…
Mokveld is proud to have been awarded the subsea anti-surge control valves for the Åsgard Subsea Gas Compression Project. Subsea gas compression is a technology approach that can boost recovery rates and lifetimes of offshore gas fields…
The US Senate confirmed Sally Jewell, CEO of US-based retailer Recreational Equipment Inc. (REI), as the next Secretary of the Interior department.President Barack Obama and Sally Jewell applaud outgoing Interior Secretary Ken Salazar (Official…
API Director of Standards David Miller announced today the publication of two new oil and natural gas industry standards for well design and drilling operations.“Every industry standard we develop shares the goal of safely and responsibly producing more of the energy America needs…
EPAThe American Petroleum Institute (API) filed a lawsuit in the U.S. Court of Appeals for the District of Columbia late Monday against the Environmental Protection Agency (EPA) for its decision to mandate the use of 1.28 billion gallons of biodiesel in 2013…
Kenya mapTullow's Twiga South-1 exploration well in Block 13T, onshore Kenya, has encountered oil, the company confirmed 26 November 2012.Twiga South-1 has encountered 30m of net oil pay with further potential to be assessed on test and…
Strong majorities of voters support increased access to domestic oil and natural gas resources, regardless of party affiliation, gender or age, according to a new Harris Interactive poll released by the American Petroleum Institute. 'Almost all voters agreed energy issues were important to them…
President Barack Obama, photo by Pete SouzaCalling energy ‘a big winner,' U.S. energy industry advocates API congratulated President Barack Obama on his re-election in an announcement on 7 November 2012.API president Jack Gerard said the…
Over the last 18 months or so, Petrobras has a string of reported discoveries to its credit. Company CEO Maria das Graças Silva Foster said the 2011 discoveries alone added 1.24 billion barrels of equivalent oil to Petrobras’ numbers, with 1 billion of that coming from the pre-salt area…
Increased economic activity, more jobs and a 70% rise in spending are predicted for the Gulf of Mexico offshore oil & gas industry by 2013 – provided permitting returns to pre-moratorium levels. Katie Jernigan looks at the region’s latest economic impact analysis…
Not so long ago, in more favorable economic times, companies sought business school advice on leadership. Today, with their budgets shredded, companies are more likely to be seeking counsel on agility, says Southern Methodist University's Frank Lloyd…