Latest News - page 2375

 

Petrobras starts early at Búzios

Mar 12, 2015

Petrobras began early production at the deepwater Búzios field offshore Brazil. The Dynamic Producer. From Sembcorp Marine.   Búzios is located in the Santos basin, about 200km off the coast of Rio de Janeiro…

Total North Sea reinvention needed

Mar 12, 2015

A “total reinvention is the level of change that is needed” for the North Sea to move forward and continue to be competitive, energy leaders heard in northeast England yesterday (11 March).  The North Sea’s mature status, high costs,…

Bel Valves eyes new subsea facility

Mar 12, 2015

Newcaslte, England-based valve manufacturer BEL Valves is looking to set up a new £10 million subsea engineering facility for Newcastle’s Quayside. Plans for the 20,000sq ft Neptune Test Centre on the now derelict Spillers Tyne Mill site…

DOF picks up Chevron IMR contract

Mar 12, 2015

Chevron Australia has awarded DOF Subsea Asia Pacific a three years master services agreement, IMR contract to work on projects on the Australian North West Shelf.  DOF Subsea will deploy the DP vessel Skandi Protector to undertake this work supported by an extensive management…

Mammoet installs Malampaya DCP

Mar 12, 2015

Mammoet installed the Malampaya Phase 3 depletion compression platform (DCP) in the West Philippine Sea for Shell Philippines Exploration, in a 48-hour operation. The Malampaya deepwater gas-to-power project, off the coast of Northwest Palawan in Philippines…

Wood Mackenzie analyzes Mexico’s Round One

Mar 11, 2015

New analysis by Wood Mackenzie looks at Mexico's Round One shallow water opportunities, a licensing round that includes nine shallow-water fields with a total of 356 MMboe of 2P reserves. These fields, which have not yet been put into production…

Antelope introduces new cementation centralizer

Mar 11, 2015

Antelope Oil Tool has developed the CentraMax series, a centralizer design that addresses issues with standoff and efficiency in cementing operations.   The CentraMax is a heat-treated, single piece, steel centralizer that addresses…

PPGC cancels Leviathan deal

Mar 11, 2015

The Leviathan project takes another hit after the Palestine Power Generation Co. (PPGC) gave its notice to cancel its 20-year agreement to supply natural gas for Leviathan, offshore Israel. Map of Israel…

Bracing for bankruptcy

Mar 11, 2015

While most oil and gas operators and service companies are reducing expenses to keep costs down, some companies are beginning to falter due to financial distress. This month alone, two Houston-based companies, BPZ Energy (which trades under the name BPZ Resources) and Cal Dive International…

Chevron updates Gorgon

Mar 10, 2015

Chevron shows several new updates and project milestones for its Gorgon project, which is 90% complete as of 30 January. Gorgon is located between 130-220km off the northwest coast of Western Australia. The project aims to develop the Gorgon and Jansz-Io gas fields…

Premier’s Pelikan produces

Mar 10, 2015

Premier Oil’s Pelikan is onstream after gas production began from the field, offshore Indonesia. Map from Premier Oil.   The Pelikan field is located in the Natuna Sea Block A and has 75 Bcf of reserves…

Ocean Installer gets more Statoil work

Mar 10, 2015

Ocean Installer signed amendments with Statoil for umbilical marine installation at the Visund field and for riser replacement at the Troll B field, both in the North Sea. Image of the Normand Vision…

Cairn eyes Senegalese black gold

Mar 10, 2015

Cairn Energy is planning an up to six-well exploration campaign offshore Senegal, starting this year, after making potentially the largest global oil discovery in the country's waters last year. Image from Cairn…

Raptor to invest £1.5 million

Mar 10, 2015

Raptor Oil Ltd, a pre-revenue start-up company is to invest £1.5 million on a new research and development (R&D) project to help boost performance in the oil and gas sector.  Raptor is using proven proprietary signal processing technology…

Wood Mack sold to US-based Verisk

Mar 10, 2015

An American data analytics and risk assessment firm based in Jersey City has bought Edinburgh, UK-based energy and mining industry analyst Wood Mackenzie.  Verisk Analytics has agreed to buy the firm for US$2.8 billion from owners Hellman & Friedman and other Wood Mackenzie shareholders…

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