Year in review: 2014 - OEDigital’s top stories Mozambique NG flow test. OE staff presents a look back at 2014’s top stories posted on OEDigital.com. It was a year filled with highs and lows…
Gazprom has agreed to buyout its South Stream Transport partners Eni, Wintershall and EDF just weeks after the project, which was already in construction phase, was cancelled. South Stream Transport was owned 50% by Gazprom, with Eni holding 20%…
Drilling rig operator Seadrill has exercised a purchase option for the West Polaris, a 6th generation ultra-deepwater drillship, from Ship Finance International Limited. The West Polaris was acquired by Ship Finance in 2008, and subsequently…
Petrobras is expected to propose a multi-FPSO development for the deepwater, pre-salt Santos Basin Iara area after submitting a declaration of commerciality to authorities. The Iara area, in block BM-S-11, 214-250km off the coast of Rio de Janeiro…
Transocean's Sedco Express semisubmersible drilling rig arrived at the Oyo field in oil mining lease (OML) 120 to begin operations for CAMAC Energy, offshore Nigeria. The Sedco Express. From Transocean…
FMC Technologies received an order worth $393 million from Eni Angola to supply subsea production systems for its deepwater Block 15/06 East Hub development. Eni is the operator of Block 15/06, while Sonangol EP is the concessionaire…
Rodi Marine Service signed a contract with Swiftships to build two additional 175 Foot DP-2 fast supply vessels (FSVs). The two additional vessels will be an extension of the two-boat order made by Rodi Marine in 2013. The Riley Claire…
ExxonMobil signed a production sharing agreement (PSA) with the Cote d'Ivoire governmentfor two ultra deepwater blocks in the Gulf of Guinea. The PSA is for the Blocks CI-602 and CI-603 located in the southern Ivory Coast. CI-602 covers 3874sq km and CI-603 covers 5543sq km…
Chevron’s subsidiary Star Deep Water Petroleum awarded FMC Technologies a US$268 million contract to provide subsea equipment for operations for the Agbami field’s Phase 3, offshore Nigeria. The Agbami FPSO…
SKF USA and Vantage Drilling combined resources to improve the reliability of the Vantage Titanium Explorer and Platinum Explorer drill ship fleet. Titanium Explorer. From Vantage. These…
With oil prices plummeting to a five year low, and project cut backs likely in 2015, short-term funding for US shale may lose out to the country’s higher cost deepwater developments, the latest article by leading petroleum industry advisor Gaffney…
CAMAC Energy Gambia awarded Polarcus a contract to acquire a 3D seismic survey offshore Gambia, West Africa. The Cajun Express. From FAR. The surveys will cover approximately 1504sq…
Blue Ocean Technologies Interchangeable Riserless Intervention System (IRIS) recently intervened on a deepwater production well in the Gulf of Mexico’s Desoto Canyon reaching a record-breaking 8200ft. Image from Blue Ocean…
Bibby Subsea will take delivery of its multi-functional subsea construction support vessel (CSV), the Olympic Ares, this month. The Olympic Ares. From Bibby Offshore. The 115m CSV…
BP unveiled its long-term strategy and how it’s managing the company’s upstream business in a presentation to investors, including reducing capital spending by US$1-2 billion across the group, which could incur $1 billion in restructuring charges over the next five quarters…
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