UK Trade & Investment offered a session on petroleum investment opportunities in Mexico on Wednesday, presented by Enrique Cornejo, head of energy & environment for UKTI in Mexico City. Mexico’s national oil company, Petroleos Mexicanos (PEMEX)…
The 2010 Macondo blowout and oil spill continues to haunt the industry, and inspire new regulatory rules not only in the US, but across Europe. Explaining why he opened yesterday’s Industry Progress Post Macondo presentation with fiery photos of the Deepwater Horizon rig…
Former BP CEO Tony Hayward, now CEO of Genel Energy, focused on geopolitics, prices, and technology, while explaining the role of the independent in challenging conventional thinking, at a keynote session on IOCs yesterday. Geopolitics has defined the field of play…
A scheme developed by Chevron to increase the amount of people working on its Captain field for asset integrity campaigns helped increase bed space and ease logistical issues during the recent helicopter crisis, a session heard yesterday…
Daewoo Shipbuilding & Marine Engineering (DSME) has awarded GE Oil & Gas a contract to provide turbomachinery equipment and services for the Gina Krog platform in the Norwegian North Sea. The Gina Krog development (previously known as Dagny) will be about 250 km southwest of Stavanger…
“Establishing a successful rig consortium is a roller-coaster process”, Geir Kristian Pedersen, managing director of Rig Management Norway (RMG), said at the keynote session Planning for Long Term Drilling yesterday. Key factors in building a consortia are being co-operative…
In the short term there will be a dash for gas, but longer term the key to global energy supplies could be solar, yesterday’s SPE Offshore Europe breakfast briefing heard. Professor John Miles, Arup/Royal Academy of Engineering research professor in transitional energy strategies…
Craig Group announced the investment of £70million to build six new vessels at the Balenciaga Shipyard in northern Spain. Four D-class IMT 950 Emergency Response and Rescue Vessels (ERRV) and two F-class IMT 958 ERRVs will be delivered during 2014 and early 2016…
CGG announced its award by PETRONAS of a contract to acquire and process a 10,000sq km, 3D seismic survey program offshore Sabah and Sarawak in Malaysia using BroadSeisTM. The survey started in August and is due to last five months. The survey…
More people, more wealth, more energy demand—that has been the story of the world’s civilization over the past 250 years, and it is expected to continue. That is one of the messages from BP chief economist Christof Ruehl, who will lead…
Hardide Coatings (stand 4D148) has developed an innovative coating to extend the life and improve the performance of drilling tools operating in extremely abrasive environments. This is the first successful high performance coating for TSP…
Horizon Oil International Ltd. announced that the Manaia-2 exploration/appraisal well in PMP 38160, offshore New Zealand, was spudded on September 1, 2013. The well is being operated by OMV New Zealand Ltd. and drilled with the semi-submersible drilling rig Kan Tan IV…
Seatronics Ltd., an Acteon company, and Zetechtics Ltd. have signed a global representative agreement for the Jupiter range of subsea ROV intervention control systems and associated products. The agreement includes the provision of rental…
Eni has made a new high impact discovery at Agulha exploration prospect, in Area 4, offshore Mozambique.The discovery opens a new exploration play in the southern part of Area 4. Preliminary estimates show that the Agulha structure could contain 5 to 7 Trillion cu ft of gas in place…
FoundOcean announced the opening of its newest office in Houston, Texas to support its expansion overseas. 'Houston is recognized as the energy capital of the world, with almost half of its economic activity driven by the energy industry – particularly oil and gas…