Join OEdigital on Facebook Join OEdigital on LinkedIn Join OEdigital on Twitter
 

OE Daily: 2015 / April

Thursday, 30 April 2015 09:31

ExxonMobil starts Kizomba Phase 2

ExxonMobil started oil production at the Kizomba Satellites Phase 2 subsea development project off Angola. The Kizomba B FPSO. From BP. Phase 2 of Kizomba…
Thursday, 30 April 2015 08:30

KrisEnergy’s Rayrai-1 hits oil

Singapore-based KrisEnergy hit oil at the first exploration well in the Wassana oil field, offshore Thailand. Thai drilling campaign map. From KrisEnergy. Rayrai-1 intersected about…
Thursday, 30 April 2015 03:43

Ivar Aasen jacket en-route

The 9000-tonne jacket for Det norske's Ivar Aasen field offshore Norway is in Rotterdam before it's final journey to the North Sea.  The 138m-tall jacket…
Thursday, 30 April 2015 03:02

BHP signs Barbados exploration deal

Anglo-Australian multinational mining, metals and petroleum company BHP Billiton has signed exploration licenses for two offshore Barbados blocks in what could be a return to…
Wednesday, 29 April 2015 10:11

DW: Venezuela’s only hope is offshore

Few countries have been hit harder by declining crude oil prices in recent months than Venezuela, reports energy business advisory firm Douglas Westwood (DW). Falling…
Wednesday, 29 April 2015 08:22

Eni starts production of Cinguvu off Angola

Italian energy company Eni started production two weeks ahead of schedule at the deep offshore Cinguvu oil field in the West Hub development project in…
Wednesday, 29 April 2015 04:34

Drop in spending means shrinking backlogs

Oilfield services companies are putting a brave face on the continuing market downturn, despite some reporting shrinking order books.  Subsea 7 and Fugro reported shrinking…
Wednesday, 29 April 2015 04:04

Siemens sells Marine Current Turbines

Siemens is to sell its Bristol, UK-based tidal energy company, Marine Current Turbines, to tidal energy developer Atlantis Resources.  Atlantis, which is behind the largest…
Tuesday, 28 April 2015 12:24

ADNOC plans $25 billion offshore spend

 In a break from the energy industry’s current contraction trend of spending cuts, employee layoffs, contract delays and cancellations, Abu Dhabi National Oil Co. (ADNOC)…
BP and Total beat analysts’ predictions by reporting better than expected results this morning, despite consistently low oil prices.  French oil major Total saw its…
Monday, 27 April 2015 03:27

Kosmos hails Mauritania play-opener

Dallas-based explorer Kosmos Energy’s Tortue-1 exploration well offshore Mauritania, western north Africa, has made a “significant, play-opening” gas discovery.  Tortue-1 was drilled in 2700m water…
Monday, 27 April 2015 03:13

Court ruling clears TEN path

A tribunal has rejected a bid by the Ivory Coast to stop oil and gas exploration and development activities in a disputed area between its…
Friday, 24 April 2015 15:23

BHI rig count not for the faint of heart

Baker Hughes Inc. issued its international rig count that showed 1251 rigs operating worldwide in March 2015 outside of the US and Canada. Unsurprisingly, global…
Friday, 24 April 2015 08:33

KrisEnergy developing Wassana

KrisEnergy plans to develop the Wassana oil field beginning with drilling a new exploration well in Block G10/48 offshore Thailand. Wassana well projection. From KrisEnergy.…
Friday, 24 April 2015 04:18

North American job cuts mount

International oilfield services firm Weatherford will cut another 2000 jobs from its workforce, taking the total number of planned job cuts to 10,000. Weatherford’s move…
Friday, 24 April 2015 03:04

MOL takes first Norwegian steps

Hungarian exploration outfit MOL Group has made its first step into the Norwegian offshore sector, purchasing the Norwegian assets of UK-based North Sea exploration and…
Thursday, 23 April 2015 15:05

CNOOC's Kenli 10-1 online

The Kenli 10-1 field offshore China is now online, according to China National Offshore Oil Corp. (CNOOC). Image from CNOOC. Production at the field located…
Thursday, 23 April 2015 12:17

OneSubsea inks BP West Nile Delta gig

OneSubsea is getting a piece of BP’s West Nile Delta Taurus Libra development offshore Egypt by snagging a multi-million dollar subsea contract. Image from OneSubsea.…
Senator Mike McGuire’s office is creating legislation to ban oil and gas drilling off the coast of California. The SB 788 Coastal Protection Act will…
Thursday, 23 April 2015 07:31

CERAWeek: Collaborating on mega projects

In a typical year, Petrofac designs, builds, operates and maintains about 100 oil and gas projects, usually with six projects going at the same time.…
Thursday, 23 April 2015 04:36

Headwinds to continue thru 2015

Strong performance in its subsea business has helped Technip offset “unsatisfactory” onshore and offshore revenues despite industry headwinds, the firm’s CEO Thierry Pilenko announced today.…
Wednesday, 22 April 2015 10:09

CERAWeek: Tillerson advises the industry

The sudden drop in oil prices is different from cycles in the recent past, said Rex Tillerson, chairman and chief executive of ExxonMobil, during his…
Wednesday, 22 April 2015 09:35

CERAWeek: Total gets back to basics

Fifteen years ago, the energy industry was managing its costs very well, said Patrick Pouyanne, chief executive and president of the executive committee for Total…
The first well drilled using the new build jackup giant Maersk Interceptor (pictured) have reaped successful results for operator Det norske, the firm said this…
Wednesday, 22 April 2015 03:42

Enhanced spill detection and SAR comes to UK

A consortium of three companies has joined forces to bring enhanced oil spill detection and search and rescue capability to the UK North Sea. Using…
Tuesday, 21 April 2015 20:00

CERAWeek: Colombia in the spotlight

Colombia yet again made another push this year at IHS CERAWeek in Houston to alert the oil and gas industry that not only is the…
Tuesday, 21 April 2015 18:26

NOV's Thigpen to head Transocean

NOV's senior vice president and chief financial officer, Jeremy D. Thigpen, has left the company effective immediately to become president and CEO of rig owner…
Tuesday, 21 April 2015 17:11

CERAWeek: Mexico open for business

For the first time in decades, Mexico’s upstream business is accessible to foreign companies. A panel of experts discussed the implications at this week's CERAWeek…
Tuesday, 21 April 2015 16:54

CERAWeek: More M&A deals

Investment dollars are finding good value in the current low oil price environment, according to a panel of finance professionals who discussed the wealth of…
Statoil’s CEO Eldar Sætre made the case for simplicity, industrialization, and standardization as a way for the industry to get through the current downturn at…
Page 1 of 3