After years of turbulence fueled by scandal and debt woes, Brazil and its oil company Petrobras detailed how they intend to get back on the right track. Melissa Sustaita reports. Fernando Coelho Filho…
Brazil is slowly emerging from one of its worst economic crises with the country’s oil and gas sector no exception, says the EIC’s Pietro Ferreira. Peregrino A platform. Photo from Statoil/ Øyvind Hagen…
Mexico’s energy reform efforts have been realized with recent successes from prior bid rounds. Now, Mexican national Pemex has added a steady schedule of farm-outs in shallow and deep water. Audrey Leon surveys the plays on the agenda. Juan…
With its remote and harsh operations, mining has similar characteristics to oil and gas exploration. Could the industry learn from mining’s efficiencies? Innes Auchterlonie and Andrew Woodward explain. Image from iStock…
Rob Gill and Steve Henzell explain how WorleyParsons intends to make wellhead facilities production cheaper and faster with a design one, build many ethos. Images from WorleyParsons. The…
In advance of OE’s 2017 Global FPSO Forum, held in Houston this month, Audrey Leon chats with the forum’s board members to learn what is in store for the FPSO sector and discover how digitalization may play a role. Aerial…
Cost cutting could help push more final investments decisions through this year, giving industry sight of some much-needed work. Steve Hamlen reports. Wood Mackenzie’s Malcolm Dickson. Northeast…
Eni CEO Claudio Descalzi has been talking to Libyan officials about the second phase of development of the Bahr Essalam field, in which first gas is set for next year. Sabratha. Image from Mellitah…
Statoil successfully installed the largest jacket on the Norwegian Continental Shelf (NCS) at its Johan Sverdrup project, giving the Norwegian giant the first visible sign of the field. The jacket…
The Norwegian Petroleum Directorate (NPD) has granted Statoil a drilling permit for wildcat well 7435/12-1 in the Barents Sea. Map of 7435/12-1, from NPD. Well 7435/12-1 in production…
Map of North Malay basin, from Hess. Hess Corp. is ready to start production at its North Malay basin project offshore Malaysia in Q3 2017. The North Malay Basin Block PM302 is…
Anadarko Petroleum has finalized two agreements with Mozambique's Government, paving the way for its LNG project offshore the east African country. The 'marine concessions' agreements allow Anadarko to design, build and operate the marine facilities for Offshore Area 1 LNG project…
Talos Energy's Zama-1 exploration well, which made the 'world class' Zama discovery, has failed to find further volumes in a deeper target. Zama-1 is being drilled in 166m water depth, in Block 7 in the Sureste Basin, about 37mi (60km) off Tabasco…
Windfire Capital has signed a letter of intent with DMiner Asset Management to acquire 76.5% in a license offshore Namibia. Windfire will acquire the stake in license 0079, covering Blocks 2815 and 2915, through the acquisition of 91…
Plug and abandonment (P&A) and well repair specialist HydraWell has appointed Mark Sørheim as its new CEO. Mark Sørheim joins HydraWell from Schlumberger in Aberdeen where he held the position as integrated drilling and completion project director…