The latest Gulf of Mexico Lease Sale 227 held Wednesday drew $1.2 billion in high bids for tracts spanning the coasts of Louisiana, Mississippi and Alabama. Statoil was the highest bidder on 15 leases, the company announced on 20 March 2013…
FMC Technologies, Inc. announced it has won multiple subsea contracts this week. Subsea tree (Image: FMC Technologies)The Houston-based equipment supplier said on March 21 that it won a $30 million subsea equipment order from LLOG Exploration Co…
MECO to build a second prototype Prototype system for Office of Naval Research to produce 4,000 g/d. Louisiana-based MECO has been selected by The Office of Naval Research (ONR) to construct a new prototype advanced desalination system…
The last few months have been busy ones for Varel International. The Texas-based drill bit manufacturer celebrated the opening of its Houston technology center and also launched two drill bit lines, the Raider and the Voyager series…
Anadarko Petroleum Corp. encountered approximately 1,000 net feet of oil pay at its Shenandoah-2 well in deepwater Gulf of Mexico, the company announced on March 19, 2013.Ensco 8500 semisubmersible series (Image: Ensco) Anadarko discovered the…
Eni recently renewed its energy research partnership with the Massachusetts Institute of Technology Energy Initiative (MITEI), establishing a new path forward for this highly successful collaboration. This alliance provides an opportunity…
COLLOQUY: Editor's Column Earliest records of navigation as a science come from the Indus Valley civilization, along the Indus River, which flows from the Tibetan Plateau through India and Pakistan. Among the earliest navigation…
BP supports XACT R&D effort BP Ventures is investing in advanced acoustic telemetry technology developed by XACT Downhole Telemetry Inc. for drilling and completing difficult offshore wells. The technology provides high-speed, real-time…
North Sea offshore investment is reaching all time highs but there is limited capacity to invest to meet demand, according to a speaker at today's annual NOF Energy conference.Specialist Isabel Boira-Segarra of consultancy EC Harris, was speaking at the Energy: A Balanced Future event in Newcastle…
ExxonMobil Canada Properties has released the option for Kvaerner's joint venture company Kiewit-Kvaerner Contractors to provide the full scope of engineering, procurement and construction (EPC) services for the Hebron Project gravity based structure (GBS)…
Neftegaz America Shelf LP (Neftegaz), an indirect independent subsidiary of Rosneft, acquires 30 percent interest in 20 deepwater exploration blocks in the Gulf of Mexico held by ExxonMobil, under an agreement signed by the two companies. Rosneft President Igor I…
Just as CNOOC’s Fanrong Li’s luncheon keynote speech came across as defensive, Canada’s Minister of Natural Resources Joe Oliver followed a similar trail in his address at IHS CERAWeek on Wednesday. Oliver passionately made the case for his country’s oil sands…
Energy executives celebrated the oil and gas industry’s trend upward at IHS CERAWeek’s 32nd annual conference in Houston.Saudi Aramco CEO Khalid Al-Falih speaks at IHS CERAWeek on Tuesday 5 March (Photo: Audrey Leon/OEDigital)“Exaggerated…
US President Barack Obama announced on Monday that he will nominate Ernest Moniz and Gina McCarthy to fill vacancies at the Department of Energy and the Environmental Protection Agency, respectively. Obama nominated Ernest Moniz to US Department…
Well control operations at Apache's Main Pass 295 in the Gulf of Mexico concluded on 28 February 2013, the company announced.Apache planned to move Rowan's Cecil Provine drilling rig to Main Pass 295 for a possible relief well (Image: Rowan)Apache…