French seismic firm CGG will use ultramodern images help to assess exploration blocks in Mexico’s upcoming licensing round, in the Perdido fold belt. The reprocessing project, Encontrado, is a merge of nine existing surveys, acquired with different orientations…
Repsol Sinopec North Sea (formerly Talisman North Sea) has extended its lease on the Bleo Holm floating production, storage and offloading (FPSO) unit up to 30 June 2018. The Bleo Holm is the sixth Bluewater designed, built, owned and operated FPSO…
Kvaerner can deliver such projects at a cost which is attractive even with oil prices at levels around US$50/bbl, but the timing of new projects remains uncertain, says Norwegian engineering and fabrication group Kvaerner. The firm,…
Subsea power cable and umbilical manufaturer JDR has revealed plans to open a new European service support center in Newcastle upon Tyne, UK to deliver greater service value for clients and support anticipated growth. Located on the River Tyne…
The UK Accreditation Service has awarded NEL’s Elevated Pressure and Temperature (EPAT) test facility ISO/IEC 17025 accreditation [calibration laboratory No 0009]. This makes it the first and only high-pressure, high-temperature facility…
Mexican state owned oil company Petróleos Mexicanos (Pemex) has applied to Mexico's Energy Ministry, SENER, for a joint venture for two shallow water fields in the Gulf of Mexico on 18 October, according to news reports. Image from Pemex…
PGS has added another Cray XC supercomputer to its Houston Mega Center. The computer is named PGS Galois after the French mathematician Évariste Galois (1811-1832), and comes in addition to the Cray XC supercomputer PGS Abel delivered last year…
Hurricane Energy has reported a sustainable flow rate from a horizontal side-track well at its Lancaster discovery, West of Shetland, offshore the UK. Image from Hurricane. The…
More than 3 billion boe remain in some 350 unsanctioned discoveries across the UK Continental Shelf (UKCS), according to information released by the Oil and Gas Authority (OGA). Of the 3 billion, the majority are 'small pools,' defined as less than 50 MMboe technically recoverable…
Dril-Quip has entered into an agreement to acquire Houston-based TIW Corp. for approximately US$143 million, subject to closing adjustments. TIW is a 100-year old manufacturer of consumable downhole products for the global oil and gas market…
SeaBird Exploration, a provider of marine acquisition for 2D/3D and 4D seismic data, will acquire a 2D long-offset survey in Belize, starting mid-October 2016. SeaBird will use the Northern Explorer to acquire the survey and the anticipated duration of the program is three to four weeks.
Trelleborg’s engineered products operation has successfully completed its supply of floatover equipment for the Petronas NC3 gas field, located in Block SK316, 200km north of Bintulu, Sarawak in Malaysia. Trelleborg provided PAPE Engineering…
Statoil has made an oil and gas discovery at the Njord North Flank in the Norwegian Sea that could potentially hold up to 28.3 MMboe, according to partner Faroe Petroleum. The Songa Delta, from Songa Offshore…
Aker Solutions won a contract from Statoil to build the pipeline facilities, modifications and tie-ins needed at the Mongstad terminal to receive oil from the North Sea Johan Sverdrup field. The contract, valued at about US$42.5 million (NOK 350 million)…
Oceaneering International has acquired privately-held Blue Ocean Technologies, a provider of riserless light well intervention (RLWI) services, in a US$30 million cash deal. Included in the acquisition are three RLWI systems, two of which are currently under construction…