Shell has awarded the duo of Sulzer and FMC Technologies a subsea multiphase boosting pump contract to upgrade one of the pumping modules in the supermajor’s Parque das Conchas, a deepwater oil field off the coast of Brazil. Image from Sulzer…
Pura Vida is searching for farm out opportunites with industry partners for the commercialization of the Loba complex offshore Gabon that has an 81% chance of commercial success, according to the company. Funding the forward work program for the Nkembe block…
Statoil is looking to create “a strong ripple effect” from its largest field yet, the Johan Castberg project, in the Barents Sea that will generate spin-offs, and be prepared for future electrification. Johan Castberg field illustration…
Aker Solutions, Det norske oljeselskap and Subsea 7 have agreed on what the three companies are calling a 'one for all, all for one' collaboration alliance to work on developing the operator's subsea field portfolio. The move, which they…
Anadarko Petroleum will purchase the Gulf of Mexico (GoM) assets of Phoenix, Arizona-based minerals company Freeport-McMoRan (FCX) for US$2 billion cash consideration, the Houston-based independent said on 12 September. Anadarko’s…
Vattenfall won the Danish Near Shore Wind Tender (DNS) after delivering the lowest bids of .475 kr/kWh on 1 September for two sites, Vesterhav Syd and Vesterhav Nord. Prior to construction start, Vattenfall needs a final approval from the Danish government…
Statoil has appointed Hedda Felin as its new managing director of Statoil Production UK, less than one year after appointing Felin’s predecessor, who has left the company. Formerly a senior vice president for Statoil, Felin is the new head of the company’s Aberdeen office…
Eni’s Nooros field offshore Egypt reached a new record in 13 months of 128,000 boe/d, with plans to drill more wells in the area. Image from Eni. The Italian giant confirmed production at Nooros reached 700 MMcf/d…
CNOOC Ltd. started production at the Weizhou 6-9/6-10 comprehensive adjustment project in the South China Sea. The Weizhou field is in the Beibu Gulf at about 35m water depth. In addition to fully utilizing the existing facilities of Weizhou 6-9/6-10…
The Russian government is temporarily banning new licenses for offshore field development on the Russian Arctic shelf, the Minister of Natural Resources and Environment Minister Sergei Donskoi has said. The move appears to be aimed at focusing investment on existing development projects…
Supermajor ExxonMobil and independent Oil Search have taken stakes in two deepwater licenses offshore Papua New Guinea, in the southwest Pacific. The move will see the two firms each take a 40% stake in the PPL 373 and PPL 375 licenses from Gini Energy…
Bumi Armada’s chief financial officer (CFO) Kenneth Murdoch, will step down from his role on 17 November 2016. Pierre Savy has been nominated as the acting CFO and will start in his new role with immediate effect. Murdoch will support Savy during this transition period…
Eni Norge’s management has decided to keep the Goliat field shut down until “measures are implemented and its platforms can be operated prudently.” Goliat. Image from Eni Norge. The…
Following a short weather related delay, the barge transporting the recently fabricated Hummer platform jacket has arrived on site in offshore Louisiana, according to Petsec Energy. Image of drilling operations at Hummer…
SBM Offshore has released a video of the Turritella floating production and storage offloading (FPSO) unit, as the vessel started commercial production at Shell’s Stones development in the deepwater Gulf of Mexico on 6 September. At Stones…