At next week’s 2015 Offshore Technology Conference, GE will demonstrate how it optimizes its cross-industry portfolio to provide game-changing value for the offshore oil and gas industry. Image from GE…
At the Saipem general shareholders’ meeting on 30 April 2015, the current board of directors appointed Stefano Cao as CEO. Cao’s appointment grants him the powers to manage the company, with the exception of the specific responsibilities…
Petrobras encountered the presence of light oil at well 3-BRSA-1296-SES in concession BM-SEAL-10, BlockSEAL-M-499 in the Sergpipe basin’s ultra deepwaters offshore Brazil. According to Petrobras, the higher market value light oil has good reservoir porosity and permeability…
Delta SubSea signed a development agreement with VEGA to develop a subsea gamma ray hydrate localization tool known as EUREKA. The EUREKA will be developed to locate hydrate plug formations. The tool will use a non-contact technology…
On 30 April 2015, Statoil completed their sale of 15.5% share in Shah Deniz to PETRONAS, announced previously on 13 October 2014. The sale involved the transfer of Statoil’s 15.5% participating interest in the Shah Deniz production sharing agreement…
Subsea Services Alliance announces the first joint technology project between OneSubsea and Helix to engineer and manufacture a 15,000-psi intervention riser system. This jointly developed technology advances the alliance’s objectives…
ExxonMobil started oil production at the Kizomba Satellites Phase 2 subsea development project off Angola. The Kizomba B FPSO. From BP. Phase 2 of Kizomba is a subsea infrastructure development of the Kakocha…
Singapore-based KrisEnergy hit oil at the first exploration well in the Wassana oil field, offshore Thailand. Thai drilling campaign map. From KrisEnergy. Rayrai-1 intersected about…
The 9000-tonne jacket for Det norske's Ivar Aasen field offshore Norway is in Rotterdam before it's final journey to the North Sea. The 138m-tall jacket was built by Saipem at its Arbatax facility in Sardinia and is now sat on Heerema's H-627 barge at Franklin Offshore…
Wintershall's unmanned Ravn platform is being towed out to the Danish sector of the North Sea ready for installation. The platform, which will produce the Ravn field, in License 5/06, is due to start up by the end of this year. Ravn…
Chevron Australia made an additional gas discovery at the Greater Gorgon Area in the Carnarvon Basin, offshore northwest Australia. The Isosceles-1 exploration discovery well found about 134m of net gas pay in the Triassic Mungaroo Sands in 968m water depth…
Anglo-Australian multinational mining, metals and petroleum company BHP Billiton has signed exploration licenses for two offshore Barbados blocks in what could be a return to drilling off the Caribbean Island. BHP is reported to be the…
The Offshore Technology Conference (OTC) announced the final line-up of nine speakers for its new event, d5, which will debut on Friday, 8 May 2015, the day following OTC 2015, at the University of Houston. Themed “The Next Big Thing…
The Offshore Technology Conference (OTC), the world’s foremost event for the development of offshore resources, announced that it will offer complimentary registration during Open Access Day on Thursday, 7 May. Attendees will be able…
Chet Morrison Contractors announced two changes to its senior management team. Leroy Guidry has been named president of Chet Morrison Contractors. In additon to this new position, he will continue to serve as chief financial officer…