Audrey Leon catches up with TGS’ Chris Corona on some of the geophysical firm’s latest programs offshore Mexico. Photos from TGS. OE: What is your perspective on current activity off Mexico…
2016 was a year of huge challenges for the offshore drilling rig sector as the low oil price environment and reduced E&P spending continued to bite. Stephen Gordon, of Clarksons Research, charts the state of the market, which is arguably facing some of its toughest times since the 1980s…
Mexico’s energy reform has weathered both the storms of public scrutiny as well as the bad luck of launching during a global oil price downturn. Despite the challenges, Mexico has seen some modest success, but will it continue? Audrey Leon reports…
Audrey Leon speaks with Karim Lassel, Director General, CGG México, to get the company’s perspective on Mexico’s geology, the energy reform, and much more. CGG’s sister vessels, the Oceanic Sirius and Oceanic Vega…
Artificial neural networks are being used to help design floating production system hulls in the concept and front-end engineering phases. Elaine Maslin reports. Libra and her possible smaller…
Over enthusiasm in the recent floating rig building cycle has led to an ultra deepwater “hangover” that will take several years of recovery, says Liz Tysall and Oddmund Føre, of Rystad Energy. Transocean…
BP’s five-year plan has revealed the next wave of its competitive projects with potential new final investment decisions (FID), a list of several offshore projects set to come online this year, and eight projects that are currently under construction set for start-up in 2018-2021…
Interventek Subsea Engineering has signed a two-year exclusive deal with Louisiana-based Professional Rental Tools (PRT) to supply its in-riser Revolution valve for well intervention operations in the Gulf of Mexico. Interventek will supply its 6…
Shell and Mitsui Oil Exploration have taken the final investment decision for phase one of the Kaikias deepwater project in the US Gulf of Mexico, in hopes of starting production in 2019. Illustration of Kaikias…
Forum Energy Technologies has delivered a remotely operated vehicle (ROV) to new Norwegian firm ESEA Submarine for offshore work, including inspection, survey and salvage work. ESEA Submarine was established during 2016 by Georg Stranden…
Equatorial Guinea's Ministry of Mines and Hydrocarbons has extended the closing date of its 2016 Licensing Round, due to a 'wave of new exploration interest' thanks to a more positive outlook in the industry. The round, offering 'all…
Ophir Production has contracted a vessel for its Ophir floating production field development offshore Malaysia. The tanker Puteri Bangsa will be converted into the MTC Ledang floating production, storage and offloading (FPSO) unit by Malaysian firm MTC Engineering for use on the Ophir field…
Mexico’s Petróleos Mexicanos (Pemex) expects to carry out exploration activities at Trión this year, with initial production slated to start in 2023. Image of José Antonio González Anaya, from Pemex Flickr…
Chevron reached its final investment decision (FID) for Mad Dog 2 in the Gulf of Mexico, paving the way for the BP-operated project to reach first oil in 2021. Illustration of Mad Dog 2, from BP…
Trelleborg has launched a new mobile app for FireNut solution. Image of a flange with FireNut, from Trelleborg. To make it even easier to specify FireNut, Trelleborg’s offshore…
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