Petrobras has discovered 'good quality oil' in a new well in the giant Libra field, in the pre-salt Santos basin, offshore Brazil. Map of the Libra field, from Petrobras. Well 3-BRSA-1305A-RJS…
Shell is cancelling the divestment of an 80% stake in the Bijupirá and Salema fields, including the Fluminense floating production and storage offloading unit (FPSO). The Fluminense FPSO. Image from Modec…
Petróleo Brasileiro (Petrobras) has started production from the Cidade de Maricá floating production storage offloading unit (FPSO), in the pre-salt layer of the Santos Basin, offshore Brazil, in addition to the expansion of the country’s longest subsea natural gas pipeline…
Focus on the small South American country of Uruguay is set to sharpen after Statoil took a further stake in the country's deep offshore acreage. Statoil, which earlier this month announced it would be a partner with Total on the first deep water exploration well offshore Uruguay…
SBM Offshore says there are no signs of recovery before 2018, as the floating production specialist reduced its workforce by 3200 in 2015, with more job cuts expected this year. Image of the Cidade de Saquarema in Guanabara Bay…
Parker Bestobell Marine has completed a contract to supply cryogenic globe and check valves made in Sheffield, for Hoegh LNG’s series of five floating storage regasification units (FSRUs) that are being built at Hyundai shipyard (HHI) in South Korea…
Harkand completed an inspection, repair and maintenance (IRM) campaign for BP Trinidad and Tobago (BPTT) utilizing the Harkand Da Vinci diving support vessel (DSV) and the company’s new hyperbaric rescue facility (HRF) in the Caribbean. The Harkand…
BW Offshore is a step closer to recovering the Cidade de São Mateus floating production vessel to shore for repairs more than a year after it was damaged in a fire. The fire, on 11 February 2015, offshore Brazil, saw nine of the 74 crew die and 26 require medical attention…
BG Group ended the year on top with its total earnings coming in at US$2.3 billion, a significant improvement from a $1.1 million loss in 2014. However, the UK giant did report a loss of $29 million in Q4 2015. BG's QCLNG pipeline…
CGG has been awarded an extension to a major 3D seismic survey it successfully completed on the Caribbean coast offshore Colombia in late 2015. The new survey follows on from the original over 16,000sq km survey CGG conducted over portions of the Col-1 and Col-2 blocks…
ExxonMobil is moving quickly to spud a well at its Liza discovery, offshore Guyana, in addition to several major projects that are set for start-up in the next two years. Image from Exxon. Exxon…
Statoil is to join French oil major Total in drilling the first deep water exploration well offshore Uraguay. Statoil has agreed to take a 15% stake in Block 14, a frontier block in the deep water Pelotas basin, about 200km offshore, in the the South Atlantic Ocean…
The job of placing ocean bottom nodes for seismic acquisition could be set for a revolution. Elaine Maslin looks at Autonomous Robotics Limited’s concept. A single node, nose on. Images from Autonomous Robotics Ltd…
Heather Saucier investigates how wireless technologies used by AUVs can make sea-bottom surveillance more cost-effective and time-efficient. A multibeam sonar system (EM 2040) image…
Ecopetrol's fully-owned subsidiary, Hocol Petroleum, has formed a new company called Ecopetrol Costa Afuera Colombia, which will now be responsible for offshore exploration and production activities off Colombia. These activities are…