Ophir Energy has said the Mlinzi Mbali-1 well offshore Tanzania has not found commercial hydrocarbons, but will offer 'crucial information' about Block 7, off the east African coast. The well was the first well drilled on Block 7. It…
Norwegian exploration firm Rocksource has agreed a farm-out deal with Atlantic Petroleum Norge and announced a deal for a European oil firm to buy electromagnetic data and use its software. The farm-out is an option deal with Atlantic Petroleum…
Statoil has made a gas discovery in the Askja West prospect and an oil discovery at the Askja East prospect in the Norwegian sector of the North Sea. The exploration wells, 30/11-9-S and 30/11-9-A, were drilled using the Ocean Vanguard semisubmersible…
KBR is to provide detailed engineering and procurement support services for the Shah Deniz Stage 2 project in the Caspian Sea under a contract with BP Exploration (Shah Deniz) Limited. This contract follows the completion of FEED services…
The Egyptian General Petroleum Corporation (EGPC) has launched a new bid round for exploration licenses in the Gulf of Suez. Fifteen blocks, five in the Gulf of Suez and 10 in the Western Desert sedimentary basins, will be available, with licenses to be agreedon a production sharing model…
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…