Desire Petroleum has said a farm out process on its Falklands acreage has been held back by uncertainty over the timing and scope of the development of the Sea Lion oil field. A lack of a firm date for the mobilisation of a rig to the…
Shell has awarded FMC Technologies, Inc. a contract to supply subsea systems for the Parque das Conchas Phase 3 development offshore Brazil. FMC Technologies' scope of supply includes seven subsea trees, two manifolds and associated subsea control systems…
Venezuela and Trinidad and Tobago announced Wednesday that the former’s state-held oil company Petróleos de Venezuela, S.A. (PDVSA) will develop an offshore natural gas field in partnership with Chevron. This agreement marks the end of a…
Seatronics do Brazil, an Acteon company, has been appointed as the exclusive distributor for CodaOctopus Ltd in Brazil, a decision that will widen the portfolio of specialist subsea marine equipment that it can now offer to the Brazilian market…
Seatronics Ltd., an Acteon company, and Zetechtics Ltd. have signed a global representative agreement for the Jupiter range of subsea ROV intervention control systems and associated products. The agreement includes the provision of rental…
Technip signed a four-year frame agreement with Petrobras for projects modifications services for the Rio de Janeiro Operations Unit, including existing offshore platforms located in the Campos Basin area, Brazil. The services comprise basic and detailed design…
Representatives from Brazil’s government and oil and gas industry advocated strongly for British investment at UKTI’s panel discussion on Brazil Tuesday morning. “Several companies are going to Brazil, and now is the time to go,” said Carlos Camerini…
This decade is a unique opportunity for European contractors and suppliers to really go for it in terms of looking to win a larger global share of the supply market, Malcolm Brinded said yesterday. Brinded, of the Shell Foundation, was chairing…
Technip has signed a four-year frame agreement with Petrobras for projects modifications services for the Rio de Janeiro Operations Unit (UO-RIO)*, including existing offshore platforms located in the Campos Basin area, Brazil. The services comprise basic and detailed design…
The foundations of the global energy system are shifting and the lives of energy policy makers are not getting any easier. If they didn’t have enough to worry about with securing affordable, sustainable supplies of energy to meet national needs…
Alaska states Arctic needs Alaska’s Lt. Governor Mead Treadwell stated the case for the state’s needs at the Ice-Diminished Arctic Conference in Washington, D.C. He emphasized the need for safety, security, and economic development in the region…
ENI and Venezuela’s state oil company has agreed to create a new joint venture to exploit the Perla field condensate reserves, estimated at 170MM bbls. PDVSA will hold 60% in the new venture, with ENI holding the remaining 40%. ENI is co-operator of Cardón IV…
Wärtsilä has been contracted to supply propulsion solutions for six new offshore pipe laying vessels being built by IHC Merwede. Three of the ships are to be built for Subsea 7. The other three vessels have been ordered by Seabras Sapura…
Intertek announces the launch of Intertek Asset Integrity Management (AIM) Surveying Services in Australia and Brazil, to provide clients 3D laser scanning and dimensional control services. Stuart Gordon is operations manager for Intertek Surveying Services (ISS) in Australia…
QGEP Participações S.A. announced that its wholly-owned subsidiary Queiroz Galvão Exploração e Produção S.A. (QGEP) filed a Notice of Discovery with the ANP (Agência Nacional do Petróleo, Gás Natural e Combustível) for well 1-QG-5A-BAS, located…