As Mexico’s energy industry slowly opens up to outside investment, the country’s industry is assured to look very different in the future from today. GlobalData’s Adrian Lara and Will Scargill examine the details. Pemex has had a monopoly…
Statoil made an oil discovery at Walker Ridge’s Yeti in deepwater Gulf of Mexico (GoM). Yeti map. From Statoil. The Yeti exploration well is located in Walker Ridge Block 160, approximately 15km south of Chevron’s Big Foot field…
David Shields provides a glance at Mexico’s energy reform and Round One. Pemex’s Ku-S platform at the Ku Maloob Zaap oil field in the Bay of Campeche. Image from Return To Scene. Round One…
International oil major Shell has made a US$70 billion cash and share offer for UK-headquartered deepwater and LNG-focused BG Group in what is one of the first supermajor deals since the early 2000s. The move, which offers a 52% premium to BG Group's share price…
Advanced downhole tool for well intervention designer and manufacturer Peak Well Systems has completed a new gas pressure testing facility in Aberdeen (UK) as part of its research and development commitment to provide oil and gas operators with advanced and reliable plug systems…
Japanese exploration firm JX Nippon Oil & Gas Exploration's Malaysia subsidiary is planning two further exploration wells offshore Malaysia after confirming a deepwater oil discovery. The Bestari-1 exploration well, the first drilled in Deepwater Block R (the Block)…
As the last throes of winter ushered in the grey, misty weather upon the mighty Mississippi River in early March, a soon to be familiar visitor in the Gulf of Mexico sat docked at the Port of New Orleans, Island Offshore’s newbuild subsea support vessel Island Performer…
ROVOP established a new Western Hemisphere headquarters and support base in Houston, as well as appointed three ROV industry professionals to lead the business, due to an increased demand for its services globally. Image of Wagner…
Exploration and production executives are facing a bleak year with tough budgets – but the mood wasn’t all doom and gloom at IP Week. Solutions are being suggested – as Meg Chesshyre reports. Yves-Louis Darricarrère…
Brazil has big plans as it sets its sight on increasing oil exports – but it will need investment in technology as it moves into ever deeper waters. Elaine Maslin reports from Subsea Expo. Various vessels await deployment in Guanabara Bay near Niterói…
Ask about subsea well intervention and most assume it’s riserless light well intervention you want to talk about – for good reason. Elaine Maslin reports. Subsea light well intervention visualized by FMC Technologies…
BMT Scientific Marine Services (BMT) is to supply an integrated marine monitoring system (IMMS) for Hess' Stampede tension leg platform (TLP) in the US Gulf of Mexico. The system includes instrumentation to measure the environmental conditions…
When the West Deep Delta Marine development came onstream offshore Egypt in 1999, it was planned to have a 25-year field life. It’s now on its Phase IXa development, with 58 wells, seven with HIPPS, and 14 manifolds. None have been plugged and abandoned yet…
Unique fields deserve equally unique intervention solutions when production begins to wane, this was the challenge Stone Energy had to meet when it contracted Cross Group to develop new methodology and technology for its Pompano subsea production template…
Sir Ian’s Wood Report, published last year, identified technology as an integral component to ensuring the success of maximizing the economic recovery of the UK Continental Shelf (MER UK). As the Wood Report states, new field discoveries…
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