Fugro will conduct survey services at a deepwater field development offshore Guyana for ExxonMobil affiliate Esso Exploration and Production Guyana, the geophysical service company announced on 22 December. The contract provides for autonomous…
McDermott International has announced that a consortium of McDermott and L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Indian conglomerate Larsen & Toubro, was awarded a contract covering the engineering, procurement, construction…
Oceaneering International has announced the appointment of Martin J. McDonald as senior vice president (SVP), remotely operated vehicles (ROV), with global responsibility for Oceaneering's ROV business, effective 1 January 2016. McDonald's career spans 26 years with Oceaneering…
Schlumberger and Statoil Gulf of Mexico signed an agreement to license a large part of the WesternGeco Campeche wide-azimuth (WAZ) deepwater multiclient seismic survey in the southern Gulf of Mexico. The license also includes collaboration with WesternGeco in the seismic processing phase…
Technip has been awarded a lump sum contract by Deep Gulf Energy II for work on the ultra-deepwater Odd Job development. The Odd Job field is in the Mississippi Canyon, in the US Gulf of Mexico, in 1330-1825m water depth. The contract…
Houston-based BOP Technologies announced a new approach to allow a BOP to work even if the drilling rig loses power or hydraulic pressure. The company calls it 'a huge step' toward making BOPs the last line of defense in case of a blowout…
It goes without saying that Art Berman with Labryrinth Consulting Services has a belief about oil prices that is likely not shared by many in the oil and gas industry: Berman believes the prices should be lower. “Prices have to fall further…
Noble Energy revealed a 15,000 boe/d increase in its Q4 2015 sales volumes for both offshore and onshore fields to an estimated 405,000-415,000 boe/d. Map of Noble's Gulf of Mexico assets. Image from Noble…
BP Egypt has completed its acquisition of 22.75% in the North Alexandria Concession and 2.75% in the West Mediterranean Deep Water Concession from Hamburg-based DEA Deutsche Erdoel. The acquisition will bring BP’s working interest in both concessions of the West Nile Delta project to 82…
Project Development International (PDi), a provider of multi-discipline engineering, project management and project services to the international energy industry, has secured a $2.25 million (£1.5million) contract with Nigerian oil service company Marine Platforms Limited (MPL)…
US Bureau of Safety and Environmental Enforcement Director Brian Salerno testified today (1 December) before a US congressional committee on Energy and Natural Resources defending a new well control rule, 30 CFR Part 250 released earlier this year…
With a mere four orders so far this year the floating production system (FPS) sector is suffering. However, things are anticipated to be better next year, with the US Gulf of Mexico (GoM) in particular, having a surprisingly bright future…
The high costs surrounding deepwater developments and the low price of oil is a challenging combination for operators. Khalid Mateen. Photo from OE Staff. For deepwater operators, such as Total…
Australian regulators have rejected BP's environmental plan for the major's deepwater, four-well drilling plan in the Great Australian Bight. The National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) said…
Ben Lake, of Weatherford, discusses how rigorous testing and validation are essential for ensuring safety valve reliability and performance. As the last line of defense in protecting life, property, and the environment, subsurface safety…