Colombia’s oil industry has railed against a proposed tax reform presented on Saturday to the country’s congress, Reuters reported. The proposed regime aims to raise $53 trillion Colombian pesos (just over US$26 billion) from 2015-2019. Image…
Electromagnetic Geoservices ASA (EMGS) received a US$6.8 million letter of intent (LOI) for 3D EM data acquisition in Malaysia. The BOA Thalassa. From BOA. The BOA Thalassa vessel will conduct the survey…
In May 2014, Schlumberger announced the introduction of its GeoSphere reservoir mapping-while-drilling service. Claudio Paschoa discussed the new technology with Jean Seydoux, well placement and reservoir positioning program manager for Drilling & Measurements…
Claudio Paschoa discusses visualization technology with representatives of TGS, Petroleum Geo-Services, and Schlumberger. Test image of Petrel structural modeling. Photo from Schlumberger. Visualization…
Noble Energy will resume exploratory drilling in the Falkland Islands next year after acquiring and reviewing extensive 3D seismic of its 10 million acre-position. In late February 2014, London-based joint venture partner Falkland Oil…
Kongsberg Maritime’s Hugin autonomous underwater vehicle (AUV) will provide offshore operation services to several survey providers including DOF Subsea of Norway, Fugro Geoservices of Lafayette US, Northwest Maritime of Norway and AXA Engehnaria Submarina of Brazil…
Mexico’s Petróleos Mexicanos (Pemex) has signed agreements with Malaysia’s Petroliam Nasional Berhad (Petronas) and with Argentina’s YPF, to take advantage of new opportunities opening through Mexican energy reform. Heads of the three national oil companies met last week in Cancún…
Ocean Installer has been awarded a contract for SURF support work in Brazil for Saipem. The contract, which will see the Normand Clipper in Brazil for eight months, is valued at ca.US$50 million, with options to extend. Ocean Installer…
Aker Oilfield Solidtions, a part of newly spun-off firm Akastor, has been notified of a five-year contract extension from Petrobras to use the Skandi Santos, a subsea equipment support Vessel in Brazil. The extension, worth about NOK2…
Perupetro has contracted Spectrum for 2D seismic work prior to the country's international bid round on 12 December. Spectrum will reprocess approximately 13,000km of 2D multiclient regional seismic data covering the lease sale blocks for the Peruvian state-owned and regulatory body…
Balmoral Offshore Engineering's new Brazilian manufacturing facility will open by Q3 2015, the buoyancy, insulation and elastomer product company announced at Rio Oil and Gas. Balmoral’s Aberdeen headquarters exports more than 95% of its manufactured goods worldwide…
The Edison Chouest Offshore (ECO) family of companies has started construction on a massive logistics support base and naval repair shipyard for its own vessels at the Port of Açu, in São João da Barra, northern Rio de Janeiro state, Brazil…
CGX Energy Inc. entered into a seismic contract with Prospector PTE. Ltd. to conduct a 3116.74sq km 3D seismic survey on Demerara Block, offshore Guyana. The contract represents one of the most extensive 3D seismic studies ever conducted…
Rio Oil and Gas’ final day included a presentation on how nanotechnology can play a role in exploration and recovery. The oil and gas sector, with the support of IBP (Brazilian Petroleum Institute), is working on a nano agent capable of increasing oil recovery by 20%…
The 17th Rio Oil & Gas, one of three major events of the industry in the world, has come to a close on 18 September. Some points highlighted by João Carlos de Luca, president of Brazilian Petroleum, Gas and Biofuels Institute (IBP) included the volume of business conducted…