Doubt still hangs over Statoil’s Barents Sea Johan Castberg project after the firm made an oil and gas discovery in its fifth and final exploration program around the field. The latest well, 7220/7-3 S, was on the Drivis prospect in production license (PL) 532…
The latest Johan Sverdrup appraisal well 16/2-19 has found 6m of good quality oil filled sandstone of lower Jurassic/upper Triassic age in the Geitungen area in the north eastern part of the Johan Sverdrup discovery, according to Lundin Petroleum…
In early April, Rosneft and ExxonMobil began aerial gravity-magnetic surveys over offshore blocks in the Yuzhno-Chukotsky licence area in the eastern Russian Arctic to establish the subsurface structure of the field. As part of a framework agreement…
The past five years have demonstrated that there is still plenty of life left on the Gulf of Mexico shelf, with bypassed oil-rich assets in plentiful supply. Exploration and production operators are now focused squarely on the shelf during this time period…
Industry excellence in health and safety was recognized at the UK Oil and Gas Industry Safety Awards yesterday. Held at Aberdeen Exhibition and Conference Centre, the event recognizes and honors the companies and people who embody the spirit of safety and innovation across the sector…
A farm-out agreement between Tangiers Petroleum and Galp Energia has been approved, paving the way for the partnership to spud the TAO-1 offshore Morocco in June. Under the agreement, Galp is due to reimburse Tangiers' US$7.5million for back costs…
Subsea 7 has been awarded a three-year US$160 million contract extension by BP Exploration & Production for light subsea construction, inspection, repair and maintenance services in the US Gulf of Mexico. The contract will run from the second quarter 2014 to the third quarter 2017…
Peter Wertheim discusses subsea technology woth Nelson Leite, president of FMC Technologies Brazil. Subsea processing and boosting are fundamental for developing challenging fields. Benefits increase with water depths, flow rates and stepout…
Data gathering and large-scale reservoir modeling will be key to unlocking Anadarko's big gas development off Mozambique. Bruce Nichols spoke with Anadarko and engineers at Halliburton's Landmark to discover more. When Anadarko made three…
Brazilian correspondent Claudio Paschoa shares his insights after visiting SBM Offshore & Synergy’s Brasa yard in Niteroi to tour Petrobras’ latest FPSO Cidade de Ilhabela. The first time I visited the Brasa shipyard, a joint venture between SBM Offshore and Synergy…
A large-bore center tube umbilical cross section. Photo by: DUCO. The growing deepwater market is driving pipeline and umbilical manufacturing expansion on Newcastle's Walker Riverside in the UK…
Stephen Whitfield takes a look at some of the major development projects now utilizing subsea separation and processing technology to increase field life. Several companies are looking at subsea processing and separation as they try to maximize production out of difficult projects…
The Petroleum Exhibition & Conference of Mexico (PECOM) recently celebrated its 20th year. The location in Villahermosa, Tabasco’s state capitol, is fundamental to the continuing success of the conference and convenient for many PEMEX personnel…
Petrobras' demanding newbuild platform schedule proves that the Brazilian giant believes that presalt production shows no sign of slowing down. Peter Howard Wertheim delves into the details of Petrobras' plethora of platforms coming online between now and 2020…
Three newbuild jackups based on the XL Enhanced design will hit the market in 2014, 2015, and 2016. Photo from Maersk Drilling. A number of rig providers are increasing their fleet with builds over the next three years…