Petrobras has made a new heavy oil discovery in concession BM-C-35 (exploratory block C-M-535), in the Campos Basin post-salt layer. The discovery was made while drilling well 1-BRSA-1289-RJS (ANP nomenclature) / 1-RJS-737 (Petrobras nomenclature)…
Petrobras CEO Maria das Gracas Foster and five directors stepped down from their posts on Wednesday (4 February) following months of scandals. Gracas Foster has been at the helm of the national operator since 2012, and spent over 30 years with Petrobras…
A unique and long-awaited sight arrived at one of Europe’s busiest ports early January - Allseas’ 382m-long, 124m-wide platform installation/decommissioning and pipelay mega-vessel Pieter Schelte. KOTUG…
Gas has been found in great quantities offshore East Africa. What will be the challenges around getting it to shore? Alex Hunt takes a look. The East African coastline. Image from the GRID-Arendal Continental Shelf Programme…
A three phase asset management strategy could help counter costs, says ABB’s Will Leonard. In mid-December, the price of oil fell further after the International Energy Agency (IEA) forecast weaker demand in 2015. Brent crude fell to around US$60 a barrel…
With oil prices depressed, Greg Hale argues that automation could make a much needed difference in the offshore industry. The scenario is set and it is time for everything to play out: automation can come to the rescue of the offshore oil and gas industry…
Aquatic Engineering & Construction is due to launch a new 120-tonne tensioner in 2015. David Tibbetts, VP Technology, spoke with OE about the methodology behind its design. Two tensioners from…
EMAS AMC’s flagship vessel, the Lewek Constellation, is close to completion at Huisman’s yard in Schiedam, Netherlands. Image from EMAS. The latest addition to EMAS AMC’s fleet has…
Heerema Marine Contractor’s new multi-purpose construction vessel Aegir completed its first job in the Gulf of Mexico. Meg Chesshyre reports. Aegir. Images from Heerema Marine Contractors. The…
Peter Beales discusses the dangers of neglecting software integrity What constitutes an “asset” in the oil and gas industry? The obvious spring to mind: vessels, pipelines, and generators, for example. Few of us, however, would immediately think of invisible assets…
Alan Thorpe recently paid a visit to Singapore’s shipyards. He gives a rundown of some of the current floating production and storage unit conversions underway in Singapore and in Malaysia. The…
Aqualis ASA and Tristein AS have merged into Aqualis Offshore AS. Aqualis ASA acquired Norwegian company Tristein AS in April 2014. Tristein has since operated as a stand-alone entity as part of the Aqualis Group. Now the company is…
Chevron’s subsidiary Chevron Mauritania Exploration acquired a 30% non-operated working interest from Kosmos Energy in three blocks offshore Mauritania, Africa. Map from Kosmos. Blocks C8…
Teledyne Technologies has acquired Aberdeen-based Bowtech Products through its UK-based subsidiary. Bowtech designs and manufactures harsh underwater environment vision systems. Founded in 1989, Bowtech is a leading supplier of rugged…
Statoil's newly appointed CEO and president Eldar Sætre says Statoil is 'well prepared' to tackle the large uncertainty facing the oil and gas industry, amid five-year low oil prices. Sætre (pictured), who has been acting CEO and president of Statoil since October…