US supermajor Chevron has taken a big fall in Q1 2016, reporting a loss of US$725 million, compared to earnings of $2.6 billion in the same period last year. Image of Jack/St. Malo, from Chevron…
Tullow Oil’s production levels fell some in Q1, following issues at its Jubliee field, offshore Ghana, which the company said is due to resume operations in the next few days. Image of the FPSO Prof…
Mubadala Petroleum encountered oil at two wells in the Manora field, offshore Thailand. Map from Mubadala. The Atwood Orca jackup drilled wells MNA-15 and MNA-16 wells to final total depths of 2566m and 2998m…
China National Offshore Oil Corp. (CNOOC) has started production at its Panyu 11-5 field in the South China Sea. Panyu is loctated in the Pearl River Mouth basin in 110m water depth. While there is currently one well producing approximately 3270 b/d…
Sandvik will offers weld-free coiled tubing in lengths exceeding 1000m. The first 1010m coiled tube reel is to be symbolically delivered on 10 October 2016 for a demanding offshore oil and gas customer. To meet a growing need for coiled tubing in very long lengths…
Brazil’s Petróleo Brasileiro (Petrobras) recorded a total of 2.55 MMboe/d of oil and natural gas production in March, of which 2.36 MMboe were produced in Brazil and 183,000 boe/d abroad. Image of the P-31 FPSO…
V-IR, a new technology system designed to identify the location of electrical faults on subsea installations, is undergoing a shallow water trial at Portishead Quays marina. Established through The Industry Technology Facilitator (ITF)…
Byron Energy has encountered three discrete hydrocarbon bearing intervals at its latest exploration development in the South Marsh Island block in the Gulf of Mexico. Hercules 205 jackup, from Hercules…
ExxonMobil has started oil production at its US$4 billion Julia oil field in the Gulf of Mexico with the first production well currently online, and a second well set to start production in the coming weeks, the supermajor announced. Image…
Beach Energy and Cooper Energy have accepted an offer from the National Offshore Petroleum Titles Administrator (NOPTA) to convert the Basker, Manta and Gummy gas field permits VIC/L26, 27, and 28 (BMG joint venture) in the offshore Gippsland Basin into retention leases…
Nearly six years after the Deepwater Horizon disaster, the US Department of the Interior (DOI) and the Bureau of Safety and Environmental Enforcement (BSEE) has revealed final well control regulations designed to reduce future risks of a devastating offshore oil or gas blowout…
The Norwegian Petroleum Directorate’s (NPD) updated estimate for undiscovered resources shows that the total remaining resources on the Norwegian shelf can provide a basis for oil and gas production for decades to come. Image of the Johan Sverdrup…
The Cross Group has successfully completed subsea live well intervention operations on three TFL (through-flowline) template wells in the US Gulf of Mexico using its 3-1/16in 10,000 psi subsea convertible live well intervention package in 1800ft of water…
Eni has expanded the adoption of Halliburton Landmark’s DecisionSpace Geosciences across its exploration business units worldwide. Eni decided to expand the utilization of Landmark’s solution in order to improve efficiency through integration and cross-disciplinary collaboration…
Wood Group has acquired Ingenious Inc., a supplier of proprietary software and consulting services to the global chemical, oil and gas, and energy industries. The acquisition provides a manufacturing operations management systems capability…