Lundin Petroleum started drilling exploration well 33/2-2S in PL579 on the Morkel prospect in the Norwegian Sea. Morkel is 180km west of Florø on the Norwegian west coast and approximately 40km northwest of the Snorre field. The main…
The bodies of three crewmembers who went missing after an explosion on the Cidade de São Mateus FPSO last month have been found, the vessel operator BW Offshore announced today (3 March). The death toll from the explosion has now risen to nine…
The recent downturn in oil prices is expected to have minimal direct impact on Gulf of Mexico (GOM) crude oil production through 2016 because of the long timelines associated with GOM projects, according to a new report by the US Energy Information Administration (EIA)…
Petrobras's executive board approved a two-year (2015/2016), US$13.7 billion divestment plan. The plan includes exploration & production assets in Brazil and abroad (30%), as well as assets in the downstream (30%), and gas and energy (40%) segments…
Initial evaluation of 3D seismic data shows that Providence Resources P.l.c.’s Drombeg prospect offshore southwest Ireland, is consistent with those of a large deepwater fan system. The Polarcus Amani 3D seismic vessel…
Bordelon Marine is partnering with Susan G. Komen to christen the MV Shelia Bordelon on 20 March 2015 at Bordelon Marine Shipbuilders in Houma, Louisiana. As part of its partnership Bordelon Marine will donate a portion of the profits from its ship…
Ferguson Group Singapore appointed OPS Oilfield Equipment and Services Ltd (OPS-OES) as the group’s new exclusive partner for Thailand. Simon de Koning, Business Unit Manager at the group’s Singapore Module Yard at Loyang Offshore Supply Base…
FMC Technologies awarded McDermott International a sizeable manifold and subsea safety isolation valve module fabrication contract for the Jangkrik fields located offshore Kalimantan, Indonesia. McDermott’s Batam Island facility in Indonesia…
Tupi BV awarded Technip a contract to supply high technological flexible pipes for the Lula Alto pre-salt oil field off Brazil. Map from Petrobras. Lula Alto is an ongoing development located in the Santos basin…
Otto Energy Philippines Inc. signed a farm-in agreement with Red Emperor Resources NL for a 15% working interest in SC55, offshore the Philippines. The Maersk Venturer. From Otto. SC55…
Maersk Drilling has been awarded a contract from eni Ghana Exploration and Production Ltd., an Eni subsidiary, for use of the newbuild drillship Maersk Voyager. The firm contract period is 3.5 years with an option to extend by one year…
Subsea 7 has been awarded a two-year extension to two Underwater Services Contracts (USCs) by Shell Upstream International Europe, worth approximately US$240 million. Under these life of field contract extensions for diving support vessel…
Resonance enhanced drilling could help speed up drilling time and efficiency. Elaine Maslin reports. Professor Marian Wiercigroch with the vertical RED full scale experimental rig. Images from the University of Aberdeen…
Will subsea tech join fracking slowdown? There may be too much momentum. Bruce Nichols reports. Testing for Train 2 of the Asgard subsea compression system was completed in December at Aker Solutions’ dockside yard in Egersund…
Repsol’s Director for Exploration and Production Technology Santiago Quesada discusses the company’s partnership with IBM aimed at developing cognitive technologies for better decision-making. As demand for oil and gas increases and oil plays mature…