Will subsea tech join fracking slowdown? There may be too much momentum. Bruce Nichols reports. Testing for Train 2 of the Asgard subsea compression system was completed in December at Aker Solutions’ dockside yard in Egersund…
Most of the Mexican side of the Gulf of Mexico remains unexplored. Dan McConnell explores the geotechnical knowns and unknowns in the basin. Acquiring geotechnical data for platform foundation design in Mexico’s Bay of Campeche Image from Fugro…
Angus Rodger and Matt Howell discuss the exploration environment as well as the potential impact from the recent fall in oil prices on Australian and New Zealand projects. Graphs from Wood Mackenzie. Australia…
Floating production systems are on the hard edge of asset integrity management, says Jonathan Boutrot. The business case for having an asset integrity management (AIM) system in place for offshore assets is getting more and more cogent every day…
Chevron awarded INTECSEA a contract to provide engineering and long-lead procurement services for the front-end engineering & design (FEED) phase of the Buckskin/Moccasin development in the Gulf of Mexico. Map provided by Chevron…
Offshore drilling rig operators have put a positive spin on the tough market conditions, suggesting that the downturn could improve the global fleet and offer opportunities to buy distressed assets. Seadrill CEO and President Per Wullf said while…
UTEC was awarded the full survey services contract on the upcoming Technip Moho Nord EPIC project in West Africa. The project, operated by Total E&P Congo, is located approximately 75km off the coast of the Republic of the Congo, at water depths ranging from 650-1100 m…
Mexican officials, including the executive director of the Agencia de Seguridad Energia y Ambiente (ASEA), recently outlined Mexico’s reform efforts and highlighted issues on which the country is working including Transboundary field development…
Mexican state oil company, Petróleos Mexicanos (PEMEX) is being forced to decrease its budget by US$4 billion, representing an 11.5% decrease from last year, in order to maintain financial balance due to falling oil prices. Image of Lozoya…
Sterling Energy's Cameroon subsidiary has agreed a deal which will see it take over Murphy Cameroon Ntem Oil Co.'s 50% stake in the Ntem Concession, offshore Cameroon. The move will mean Sterling now has 100% interest in the Ntem Concession…
Transocean last night said its CEO and president of nearly five years Steven Newman is to stand down today (16 February). Newman. From Transocean's Beacon Mag. The international rig owner and operator…
Weatherford provides a video illustration of managed pressure drilling (MPD) rig integration, and adjustment to the drilling industry’s technology to address operational obstacles of today’s deepwater projects. Weatherford and Petrobras…
With the discovery of deepwater pre-salt reservoirs offshore Brazil, national operator Petrobras began complex drilling operations to uncork the massive hydrocarbon reserves under these salt layers, which acted as seals, preventing the oil and gas from escaping…
Deepwater pipelay on the 889km-long gas export pipeline (GEP) for INPEX' Ichthys LNG Project has started offshore Australia. Saipem’s deepwater installation vessel Castorone will lay the remaining 718km offshore section of the 42in. diameter…
Petrobras has made a new heavy oil discovery in concession BM-C-35 (exploratory block C-M-535), in the Campos Basin post-salt layer. The discovery was made while drilling well 1-BRSA-1289-RJS (ANP nomenclature) / 1-RJS-737 (Petrobras nomenclature)…