Offshore Regions News - page 1615


Upstream prospects stay bright for West Africa

Oct 03, 2014

N. Foster Mellen analyzes West African transactional activity and drilling rig data, which indicates a promising future for the region. Continuing strong upstream transaction activity in West Africa bodes well for the oil and gas industry…

Meeting demand

Oct 03, 2014

GE launched its new technology center and a new deepwater vertical Xmas tree at this year’s ONS. Meg Chesshyre learned more. The inauguration of GE’s new technology solutions center, including a half-size model of its new deepwater Xmas tree…

Mubadala spuds two more off Thailand

Oct 03, 2014

Abu Dhabi-based Mubadala Petroleum has spudded two more wells on the Manora field off Thailand. Drilled with Atwood Oceanics’ jackup Atwood Orca, the MNA-04 and MNA-05 wells represent the fourth and fifth wells, respectively, of a planned 15 developmental well campaign set to end 1Q 2015…

Testing the waters

Oct 03, 2014

Elaine Maslin reports on Subsea 7’s new autonomous inspection vehicle and an AUV specification that has been put out for tender by French major Total. Subsea 7’s AIV. Images from Subsea 7.  Life-of-field autonomous underwater vehicles (AUV)…

Subsea7 taps Trelleborg for Nigeria

Oct 03, 2014

Subsea 7 awarded Trelleborg’s offshore unit a contract for phase two of the Erha North project, off Nigeria. Under the contract, Trelleborg will supply several tonnes of its high-temperature advanced silicone insulation solution, Vikotherm S1…

Telecommunications of the future

Oct 03, 2014

The rapid expansion of oil and gas telecommunications systems in order to facilitate the development digital oilfields in increasingly remote locations, enhance safety, and maximize data use, was the theme of a conference on oil and gas telecommunications organized by SMi Group in London…

A stabilizing influence

Oct 03, 2014

When the Varg A monotower offshore Norway required stabilization, IK came up with a novel, remote, subsea solution. Elaine Maslin found out more after hearing about the project at the Underwater Technology Conference in Bergen earlier this year…

Methane hydrate consortium launched

Oct 03, 2014

Eleven Japanese companies including oil and gas exploration firm Inpex have joined forces to create a new firm focused on methane hydrate extraction.  Japan Methane Hydrate Operating Co., (JMH) was formally established 1 October specifically…

Egypt repays $1.5 billion to oil firms

Oct 03, 2014

Egypt has paid off US$1.5 billion of its debt to foreign oil and gas companies, the country's petroleum minister has announced in a statement, according to Egyptian media. The payment, announced a day after the Egyptian government signed $1…

Cape supports BP's Magnus renewal campaign

Oct 03, 2014

Industrial services firm Cape Plc has been awarded a contract to supply services within BP's UK North Sea Magnus Life Extension project, MLXP. MLXP is a project being undertaken by BP as part of its North Sea renewals program, and will…

Teledyne picks up Kaombo contract

Oct 03, 2014

California-based Teledyne Technologies' Oil & Gas group has been awarded a contract by Aker Solutions for materials and engineering support covering subsea electrical and optical wet-mate interconnects for Total's Kaombo develpoment offshore Angola…

Exxon chief: US in ‘a new era of energy abundance’

Oct 03, 2014

ExxonMobil chief executive officer Rex Tillerson spoke at the first-ever Greater Houston Partnership’s “State of Energy” event, giving his perspectives on the intrinsic ties between the energy industry and the city of Houston and highlighting North America’s…

Cook Inlet platform fire under control

Oct 02, 2014

A gas production platform in Alaska's Cook Inlet caught fire this morning, with a smoke plume visible for several miles, but the fire is now reported to be under control. The Baker platform near Nikiski is operated by privately held Hilcorp Energy Co…

Ebola delays Exxon’s Liberia plans

Oct 02, 2014

ExxonMobil CEO Rex Tillerson (pictured) said on Thursday that the Ebola virus has disrupted plans to drill off Liberia, Reuters reported. Plans to drill the Mesurado-1 wildcat, located in block LB-13, were delayed in July, according to partner Canadian Overseas Petroleum Ltd…

Pemex, ExxonMobil ink agreement

Oct 02, 2014

Furthering its flurry of activity after Mexico’s landmark energy reform, Petroleos Mexicanos (Pemex) and ExxonMobil signed a preliminary deal to establish dialogue and jointly analyze both upstream and downstream business opportunities. Pemex…

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