Eni and partner BP have confirmed that production has started from the giant Zohr gas field offshore Egypt in the Mediterranean Sea. The deepwater field, with potential resources in excess of 30 Tcf of gas in place, started-up in less than two and a half years from the discovery…
Teekay's Petrojarl I floating production, storage and offloading (FPSO) vessel has sailed away from Aibel's shipyard in Norway. The TenTech 685-design vessel, which was the North Sea's first FPSO when it was delivered in 1986 by NKK in Japan…
Singapore-based Ultra Deep Solutions has signed a letter of intent to build a SALT 310 well intervention vessel at China Merchants Heavy Industry (CMHI) yard in Shenzhen. Ultra Deep Solutions says the vessel will be capable of well intervention…
The Libra consortium, led by Petrobras, has chosen Modec to charter a floating production storage and offloading unit (FPSO), the first definitive production system of Mero field, which will be used in the Mero Pilot project (formerly Libra Northwest)…
Shell has awarded a contract to UK forge Sheffield Forgemasters for castings for use on the Vito semisubmersible platform for the US Gulf of Mexico (GoM). The project will see the Sheffield Forgemasters' offshore oil and gas specialist…
Petrobras and ExxonMobil have signed a memorandum of understanding regarding a strategic alliance to jointly identify and evaluate potential business opportunities. The memorandum of understanding was signed in Rio de Janeiro today by Pedro Parente…
Against a backdrop of snow covered mountains around a Norwegian fjord, Statoil has overseen the mating of the world’s largest spar-platform, Aasta Hansteen. The 24-000 tonne topside was towed from Ølensvåg to Stord on the west coast of Norway…
Kosmos Energy's Lamantin-1 exploration well on Block C-12 offshore Mauritania has disappointed. The well, drilled in 2200m water depth and to a total depth of 5150m, hit a water bearing reservoir with residual hydrocarbons. It is thought…
West Africa focused African Petroleum has inked an agreement with Sierra Leone's Petroleum Directorate to enter a second extension periods on ultra-deepwater licenses SL-03 and SL-4A-10. The work programs for both licenses, in 3000-3600m water depth and containing the Leo and Vega prospects…
Sembcorp Marine and Shell have signed a letter of intent for Sembcorp to construct the hull and topside for Shell’s Vito floating production unit (FPU). Sembcorp Marine subsidiary Sembcorp Marine Rigs & Floaters also will handle integration of the FPU…
Petrobras has declared commerciality at the Libra Northwest field, formally renaming it Mero, following a vote amongst its workforce, the Brazilian operator announced on 30 November. Pioneiro de Libra FPSO…
Petrobras and its partners have achieved first oil from the mega pre-salt development Libra, the operator announced today (27 November). Libra is in the ultra-deep waters of the Santos Basin, 180km offshore Rio de Janeiro, Brazil. The…
Ophir Energy has been given a 12-month extension on its Block R license, home to the Fortuna FLNG, offshore Equatorial Guinea, giving it more time to secure project funding ahead of making a final investment decision. Fortuna looks set to be Africa’s first deepwater FLNG project…
Trilateral cooperation between the US, Canada, and Mexico is needed, says US Energy Secretary Rick Perry. Rick Perry. Photos from OE Staff. Perry was speaking at the University of Houston’s…
Hess has shut in production at its Baldpate, Conger and Penn State fields in the deepwater Gulf of Mexico in response to the fire that occurred last week at the Shell-operated Enchilada platform. The Llano field…