Ghohta discovery Lundin Petroleum made an oil discovery on the Ghohta prospect in exploration licence PL492 in the Barents Sea. The well, 7120/1-3, 35km northwest of Snøhvit field, found a 75m oil column in Permian carbonates. Statoil…
Lundin Petroleum subsidiary Lundin Malaysia won the approval of its Bertam field development plan from Malaysia's Petronas. The Bertam field marked Lundin’s first development project in the country. Bertam, located about 100 mi offshore Peninsular Malaysia in PM 307…
Roc Oil Company Limited, a subsidiary of ROC, announced the completion of its 162 sq km 3D ocean bottom cable (OBC) seismic campaign in the 09/05 exploration license, located in the Bohai Bay offshore China. With the data received, seismic…
Statoil Gulf Services, the North American subsidiary of the Norway’s Statoil, has signed a lease for 581,000 square feet in CityWestPlace to serve as their North American headquarters. The company already 225,000 square feet in the complex…
Houston-based Annova LNG, LLC, has filed an application with the US Department of Energy (DOE) to receive authorization to export domestic LNG to free trade agreement (FTA) countries. While the Office of the United States Trade Representative…
Wärtsilä has launched its new Bio Seal Ring product for maritime stern tube seal applications. It is the first seal on the market that works with environmentally acceptable lubricants (EAL), also known as bio-degradable oils, for a lifetime of at least five years…
The imperative for a holistic United States maritime strategy has never been greater. The National Strategy for the Marine Transportation System was published in July 2008, by the previous administration. The White House, the Congress, and…
Regulatory update. OE asked, “How will the US Coast Guard’s new rules on offshore cranes affect businesses in the Gulf?” The proposed rule’s incorporation of API’s robust industry standards will ensure that businesses are using safe and proven technologies to design…
Drilling, lifting and subsea solutions firm Huisman has won a new contract from Helix Energy Solutions Group for the delivery of a well intervention system. The new system is for Helix’s new-build semisubmersible Q7000. The system, which…
Wood Mackenzie has predicted upstream investment in East Africa will reach US$7 billion by 2018. Martin Kelly, head of Sub Sahara Africa upstream research for Wood Mackenzie, told delegates at the East Africa Oil and Gas Conference today…
A busy 2013 seismic acquisition season is continuing in the Barents Sea, with CGG announcing the completion of its second Broadseis campaign and Dolphin Geophysical launching a new survey. The increase in seismic acquisition activity in the area…
UK-based engineering firm Wood Group is to form a joint venture with Germany’s Siemens to provide integrated rotating equipment services. The JV will comprise the maintenance and power solutions businesses of Wood Group GTS (excluding its Rolls Wood Group…
Jumbo shares this footage from the launch of its new K3000 vessels at Brodosplit Shipyard in Croatia. The vessels have large, unobstructed hold and flush decks and are certified 1A Finnish Swedish Ice Class, for operations in Arctic areas…
Kazakhstan's Kashagan oilfield has resumed production after its latest delay, a shutdown on September 25 following the detection of a gas leak. Discovered in 2000, it has taken 13 years and approximately $50 billion before production started on September 11…
The Bureau of Safety and Environmental Enforcement (BSEE) will be issuing new requirements for the blowout preventers (BOP) by the end of the year, according to agency director Brian M. Salerno. BOPs are large, high-pressure valves used…