Analysis: Perspectives President Enrique Peña Nieto recently announced that he will send a “transformational” energy reform bill to Mexico’s Congress in the coming months in an effort to attract the private capital and expertise required to develop Mexico’s deepwater and shale deposits…
Shell Philippines Exploration B.V. awarded Royal Boskalis Westminster N.V. a contract to install a Depletion Compression Platform (DCP) for the Malampaya Project off Palawan Island, in The Philippines. The contract is worth about US$60 million and will be completed in 2014.
Petrobras completed the drilling and formation test of the fourth exploratory well at Iara area, block BM-S-11, in the Santos Basin pre-salt. The results of this well 3-RJS-706 (3-BRSA-1132-RJS) have strengthened the potential of recoverable…
Bumi Armada Caspian LLC signed a supplementary agreement worth RM567.6 million (US$178.5 million) with OOO LUKOIL-Nizhnevolzhskneft for EPIC (engineering, procurement, installation and pre-commissioning) work in the Caspian Sea’s Russian sector…
ExxonMobil chose Oceaneering International Inc. to supply production control umbilicals for its US$4 billion Julia development in the Gulf of Mexico. The order is for a 14mi.-long (22.5 km), electro-hydraulic, steel-tube umbilical. The umbilical will supply hydraulic control fluids…
FMC Technologies, Inc. received an order from Total Upstream Nigeria Ltd. for subsea equipment for the Egina field. It has an estimated value of $1.2 billion. The supply scope includes subsea trees and wellheads, manifolds, installation tooling…
Saipem has been awarded the contract for the Nigerian subsea development of the Egina field, in a 1700m water depth. It is worth approximately $3 billion. Fabrication will be performed almost entirely in Nigeria and most in the Saipem Rumoulumeni Yard in Port Harcourt…
ConocoPhillips (UK) extended one of its longest running projects in the North Sea under a US$60 million (£40 million) one-year contract extension with Wood Group PSN. WGPSN will continue to provide operations and maintenance services, and…
Subsea 7 will build and operate three, flex-ible, pipe-lay support vessels (PLSV) for Petrobras under three five-year contracts worth about US$1.6 billion. The contracts include project management, engineering and installation of flowlines…
FMC Technologies, Inc. received an order from Petrobras for subsea trees for its pre-salt fields off Brazil. The award is estimated at US$500 million and represents the call-off of the remaining value of the $1.5 billion agreement announced in March of 2012…
Technip was awarded a lump sum contract for pipelay and subsea installations for the Snøhvit CO2 Solution project by Statoil. Snøhvit field is located about 140km north-west of Hammerfest, Norway. The project will establish an additional well at a new CO2 injection template…
DOF Subsea Norway has been awarded a contract by Teekay Petrojarl Production in Norway for work on a newbuild FPSO. The scope of work includes mooring pre-installation, tow-out and hook-up work for Teekay Petrojarl Production’s new FPSO…
PTTEP Australasia achieved first oil from the Montara field in the Timor Sea off Western Australia. The Montara Venture FPSO started production at the H2 well in early June. The company expects to ramp production to 21,000bo/d with first off-take of oil from the FPSO occurring by August…
CGGVeritas Services SA began a marine 3D seismic survey over Karoon Gas Australia’s WA-482-P permit area in the Northern Carnarvon Basin. The survey will cover about 2386sq km and will define leads and prospects first identified on existing 2D and 3D seismic data…
Sabah Shell Petroleum Co. Ltd. received a semisubmersible floating production system (FPS) for Malaysia’s Gumusut-Kakap deepwater field offshore Sabah. The FPS was handed over to Sabah Shell in early June and is installed in about 1200m water depth…