Rosneft began production from the northern tip of the Chayvo field, located off northern Sakhalin Island. Rosneft President Igor Sechin said that Chayvo will produce about 1.5 million tons of oil annually, with the northern tip of the…
Mubadala Petroleum began drilling operations at the Manora oil development in the Northern Gulf Thailand, reported joint venture partner Tap Oil Ltd. The Atwood Orca jackup did the honors of spudding MNA-02, the first of 15 planned development wells…
Alexey Miller, chairman of the Gazprom Management Committee and Nguyen Xuan Son, chairman of the PetroVietnam National Oil and Gas Group Board of Director met at Gazprom headquarters 3 September to address the joint development of hydrocarbon resources in Vietnam and Russia…
Venezuelan President Nicolas Maduro announced a restructuring of state oil company PDVSA, replacing Rafael Ramirez with Eulogio del Pino. Del Pino, former exploration and production chief, will take the reigns as the new president of the Venezuelan state oil company…
Dolphin Geophysical has been awarded an industry first ever 16 streamer 3D seismic contract for an undisclosed client in the Kara Sea. The contract has a duration of approximately three months and will start in Q2 2015. Dolphin will…
Keppel Offshore & Marine Ltd (Keppel O&M) subsidiary Keppel Shipyard is in the process of finalizing contracts with a subsidiary of Golar LNG to convert a second Moss LNG carrier, the GIMI, into a floating liquefaction vessel (FLNGV). The contract follows a contract with Golar Hilli…
Polarcus says JSC Dalmorneftegeophysica (DMNG), which has a joint cooperation agreement with Polarcus, has entered into a contract for 3D marine seismic acquisition services for a major energy company offshore Sakhalin. The program, requiring two Polarcus A-Class vessels…
A US federal district court judge ruled on Thursday that the Macondo blowout, which killed 11 workers, and spilled millions of barrels into the US Gulf of Mexico was the result of BP’s gross negligence and willful misconduct. BP’s contractors Transocean and Halliburton were both found negligent…
Dolphin Geophysical has been awarded a contract for the acquisition and processing of a 7000sq km SHarp Broadband 3D survey off Senegal by Kosmos Energy. The Dolphin high-capacity 3D vessel Polar Duchess has commenced operations, which will be completed in approximately four months…
Tenaris is now the sole owner of Socotherm Brasil, having bought out Socotherm America's 50% share. The Socotherm Brasil coating facility, located beside the Confab welded pipes mill in Pindamonhangaba, São Paulo, was previously managed in partnership by Tenaris and ShawCor…
CAMAC Energy Kenya Ltd., awarded Polaris Seismic International Ltd. a seismic contract for a 2D seismic surveys partly offshore Kenya. The survey covers 506sq km within Block L16 partly onshore and partly offshore Kenya. CAMAC says…
Statoil announced that the Dilolo-1 exploration well in the Kwanza basin offshore Angola was drilled to its pre-salt target, but failed to find any hydrocarbons. The well is now in the process of being plugged and abandoned. Statoil says…
Big oil companies Eni Norge, Statoil, Gdf Suez E&P Norge, OMV Norge and the Norwegian Coastal Administration are teaming up with Aptomar to strengthen technology functionality and communication infrastructure for offshore oil spill detection and management systems…
Statoil moved to increase its presence offshore Colombia through two farm-in agreements with Spain’s Repsol, the Norwegian explorer announced on 4 September 2014. Statoil will acquire a 10% stake in the Petrobras-operated Tayrona…
Aker Solutions and Baker Hughes Inc. received necessary regulatory approvals for the Subsea Production Alliance announced in April 2014. The two companies agreed to form the alliance a few months ago develop technology for production solutions designed to boost output…