BG Group awarded Electromagnetic Geoservices ASA (EMGS) a US$27 million contract for 3D EM data acquisition in Uruguay. EMGS says the data acquisition is scheduled to begin around 15 December using the EM Leader vessel. The survey is expected to last three and a half months…
Modec’s Cidade de Mangaratiba MV 24 floating, production, storage and offloading (FPSO) vessel achieved first oil production in October in the BM-S-11 block, located in the giant pre-salt Santos basin, offshore Brazil. The Cidade de Mangaratiba…
Petrotrin workers called for a strike by the Oilfields Workers’ Trade Union (OWTU) after management refused wage increases. The action could shutter the country's refinery. Energy Minister Kevin Ramnarine addressed the Trinidad and Tobago Parliament today on the financial status of Petrotrin…
The Ministry of Energy and Energy Affairs (MEEA) for the Republic of Trinidad and Tobago signed contracts yesterday, awarding two deepwater blocks to the BHP Billiton - BG International consortium. L-R: TT Energy Minister Kevin Ramnarine…
Petrobras encountered hydrocarbons in the Orca-1 exploration well in the Tayrona block offshore Colombia, according to partner Ecopetrol S.A. The drill reached a depth of 4243m. Image from Ecopetrol…
Chilean helicopter services operator EcoCopter has prepared for a new contract with ENAP (Empresa Nacional del Petróleo), the Chilean national petroleum company, which started on 1 December 2014. Eurocopter…
Petroleo Brasileiro S.A. (Petrobras) awarded Modec, Inc. and Brazilian partner Schahin Group a contract to supply, charter, and for the operation of a floating, production, storage, and offloading (FPSO) vessel for the Tartaruga Verde and Tartaruga Mestica fields offshore Brazil…
The global fleets are growing – not least in order to cater for new deep water challenges. Fred Tholen takes a look. Subsea 7’s new heavy construction vessel, under construction in South Korea…
As development gets deeper, so does pipelay operations. OE asked some of the leaders in the field what they see as the most challenging aspects of deepwater pipelay. EMAS AMC EMAS AMC’s newbuild Lewek Constellation…
GlobalData analyst Gregory Bosunga takes a look at the ten most challenging pipelay jobs around the world. McDermott subsea construction vessel NO102 installed umbilicals totaling 65mi with other related subsea structures for Jack/St…
OE spoke with experts from CGG and Ion Geophysical to ascertain where the next frontiers of future offshore oil and gas exploration will be located. These areas are certain to blossom over the next five years. Here’s how the experts answered…
No end in sight for giant conventional discoveries Despite the developments in unconventionals over recent years, giant conventional oil and gas fields continue to be discovered around the world. Over the past 10 years, eight of the top…
Benchmark Brent crude plunged to a four-year low, below US$73 a barrel, yesterday (27 November) after oil cartel OPEC chose to leave its 30MMbbl/d output target unchanged at its latest meeting in Vienna. The move, led by Saudi Arabia…
Australia’s Karoon Gas encountered oil in five separate zones in the Kangaroo-2 appraisal well in the Santos basin, offshore Brazil. Map of the five wells located in the Santos basin. From Karoon. Kangaroo…
Norway-based seismic acquisition firm Spectrum has started a 3600km multi-client 2D seismic survey offshore Uruguay, South America. The new acquisition program will infill Spectrum’s survey acquired in 2013 and cover open, ultra-deep water acreage in the Oriental del Plata and Pelotas basins…