Seismic acquisition firms Electromagnetic Geoservices ASA (EMGS) and TGS have announced new contracts and an expanded co-operation agreement in the Barents Sea. The two firms said they will increase the number of blocks covered in the Barents Sea cooperation agreement from 11 to 17…
A new acoustic positioning technique to improve the quality and accuracy of pipeline touchdown monitoring has been successfully utilized by leading project management, engineering and construction company Technip. The company has installed…
In November, Petrobras announced its total oil and natural gas output in Brazil was 2,342,000 boe/d, up 1.2% from the 2,315,000 boe/d extracted a month earlier. Including the share operated by Petrobras for its partners, the rise in relation to October was 1…
At a meeting of the HRT's Board of Directors held on Dec. 20, 2013, resolutions were passed on the following motions by the majority of the members in attendance: To acknowledge that the election of Messrs. Edmundo Falcão and Marcello Pacheco is null and void…
OptaSense, a specialist in distributed acoustic sensing (DAS), is developing the world’s first fully marinised and qualified DAS system in a joint program with Shell. The OptaSense Subsea-DAS system, which will be deployed in water depths of up to 10…
Petrobras' partners in the BC-10 development, also known as Parque das Conchas, have finalized a buyout worth approximately US$1.6 billion for the Brazilian national's 35% interest in the project. Shell will pay $1 billion for its additional 23% interest…
The Government of the Republic of Trinidad and Tobago invites participation in its 2013 Deep Water Competitive Bid Round for six offshore blocks located in the East Coast Marine Area and Trinidad and Tobago Deep Atlantic Area to be governed by production sharing contract agreements…
FMC Technologies, Inc. has signed an agreement with Statoil for the manufacture and supply of a workover system (WOS) to be installed on the Snorre B platform. The award has an approximate value of US$114 million. The new WOS will replace…
Preparations for Europe’s leading annual subsea conference and exhibition are well underway with up to 5000 delegates expected to attend from across the globe, reaffirming the world-leading status of the British subsea supply chain. Subsea…
Malaysia-based international offshore oilfield services provider, Bumi Armada Berhad has signed a bareboat charter contract with EnQuest for a floating production, storage and offloading vessel (FPSO) to be deployed at the Kraken field in the UK North Sea…
Astrakhan’s Krasnye Barrikady shipyard has started constructing the living quarter platform (LQP-2) for the second stage of Vladimir Filanovsky field developed by LUKOIL in the Russian sector of the Caspian Sea. The shipyard will construct two bearing blocks…
Wood Group ODL has won a five year, multi-million pound contract to provide document control and information management services to BP's North Sea business. The contract was awarded through a competitive tender process and is effective January 2014…
A semisubmersible drilling rig under construction at a yard in Korea is resting on the seabed after water entered the pontoon hull and the unit sank. The rig, Deepsea Aberdeen, is being built for Odfjell Drilling at the Daewoo Shipbuilding and Marine Engineering (DSME) yard in Korea…
A consortium led by Chevron has been awarded exploration licenses covering two blocks offshore north-east Greenland. Consortia led by Statoil and ENI were also awarded licenses, covering one block each, also off north-eastern Greendland…
Oil spills around Trinidad began to be reported on 17 Dec, suggesting more than one source of contamination. The state oil company of Trinidad & Tobago, Petrotrin, suggested sabotage and environmental terrorism. The Oilfield Workers Trade…