Nigeria is eying an opportunity to integrate floating production units on home turf, potentially even building them from scratch. Elaine Maslin found out more. ADOL from the air. Photos…
Both maintaining and launching new offshore production is high on the agenda in the Middle East, not least in Saudi Arabia, the UAE and Iran. IHS’ Mirzi Moralde outlines current activity in the region. Total’s…
Innovate, collaborate, standardize; lead with lean. One could argue that the future of the global offshore E&P business, particularly deepwater development, is ours to create. Confronted…
Yinson has awarded Singapore’s Keppel Offshore & Marine conversion work on a floating production, storage and offloading (FPSO) vessel meant for Eni’s Offshore Cape Three Points Block (OCTP), offshore Ghana. The award is one of four the…
This year, the offshore oil and gas industry has had to come to terms with the worst downturn for more than a decade. With commodity prices plummeting to an eleven-year low in December, it is time to reflect on the year gone by and consider the outlook for the year to come…
Mexican national oil company Pemex has awarded a further extension to Fugro's contract to support its exploration drilling activities in the Bay of Campeche. The contract extension is valued at approximately US$20 million and the workscope…
Fugro will conduct survey services at a deepwater field development offshore Guyana for ExxonMobil affiliate Esso Exploration and Production Guyana, the geophysical service company announced on 22 December. The contract provides for autonomous…
McDermott International has announced that a consortium of McDermott and L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Indian conglomerate Larsen & Toubro, was awarded a contract covering the engineering, procurement, construction…
Oceaneering International has announced the appointment of Martin J. McDonald as senior vice president (SVP), remotely operated vehicles (ROV), with global responsibility for Oceaneering's ROV business, effective 1 January 2016. McDonald's career spans 26 years with Oceaneering…
Schlumberger and Statoil Gulf of Mexico signed an agreement to license a large part of the WesternGeco Campeche wide-azimuth (WAZ) deepwater multiclient seismic survey in the southern Gulf of Mexico. The license also includes collaboration with WesternGeco in the seismic processing phase…
Technip has been awarded a lump sum contract by Deep Gulf Energy II for work on the ultra-deepwater Odd Job development. The Odd Job field is in the Mississippi Canyon, in the US Gulf of Mexico, in 1330-1825m water depth. The contract…
Houston-based BOP Technologies announced a new approach to allow a BOP to work even if the drilling rig loses power or hydraulic pressure. The company calls it 'a huge step' toward making BOPs the last line of defense in case of a blowout…
It goes without saying that Art Berman with Labryrinth Consulting Services has a belief about oil prices that is likely not shared by many in the oil and gas industry: Berman believes the prices should be lower. “Prices have to fall further…
Noble Energy revealed a 15,000 boe/d increase in its Q4 2015 sales volumes for both offshore and onshore fields to an estimated 405,000-415,000 boe/d. Map of Noble's Gulf of Mexico assets. Image from Noble…
BP Egypt has completed its acquisition of 22.75% in the North Alexandria Concession and 2.75% in the West Mediterranean Deep Water Concession from Hamburg-based DEA Deutsche Erdoel. The acquisition will bring BP’s working interest in both concessions of the West Nile Delta project to 82…
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