Latest News - page 2477

 

Ilhabela sails away from Brasa

Sep 16, 2014

The Cidade de Ilhabela floating production storage and offloading unit (FPSO) sailed from the Brasa shipyard on 15 September, marking the first FPSO to be integrated at Brasa’s quay number two. The departure of the FPSO is a milestone for 2-year-old Estaleiro Brasa (shipyard)…

Ithaca's Stella exceeds expectations

Sep 16, 2014

Ithaca Energy has completed a flow test on the fourth development well on the UK North Sea Stella field, hitting 12,005boe/d. The result takes the total field potential up to 45,000boe/d, exceeding the firm's 30,000boe/d annualised estimate for the field…

Equatorial Guinea gas grows

Sep 16, 2014

Ophir Energy's Silenus East-1 well in Block R, offshore Equatorial Guinea (central west Africa), has made a gas discovery - and helped support plans for an expanded FLNG project for the area. Nick Cooper, Ophir's CEO, says the additional…

Millionth barrel flows from Prirazlomnoye

Sep 16, 2014

The millionth barrel of oil has been produced at the Prirazlomnoye field, in Russia's Pechora Sea, in the Arctic, operator Gazprom Neft announced. The second tanker to deliver the oil to North West Europe in the next few days is currently being loaded…

Technip sells GOM diving firm

Sep 16, 2014

Technip has agreed to its North American diving assets to Ranger Offshore as it looks to focus on high technology and ultra-deep water products and services. Proceeds from this divestment will be partially reinvested directly into Technip's subsea business…

Brazil announces 2015 Round

Sep 16, 2014

If the expected increase in Brazilian oil production continues, Brazil will become a crude oil exporter by 2018, with a forecasted export volume of between 1.5-2MMb/d, Magda Chambriard, General Manager of the ANP (Brazil's National Petroleum Agency)…

Exxon announces Tapis EOR start up

Sep 15, 2014

ExxonMobil Exploration & Production Malaysia Inc. (EMEPMI) announced the startup of the Tapis enhanced oil recovery (EOR) project, off the coast of Terengganu, Malaysia, in the South China Sea. Operations began with water-alternating…

Mexico's challenge to explorationists

Sep 15, 2014

Consulting petroleum geologist Colin Stabler spoke to a full house at the Houston Geological Society's General Dinner on 15 September 2014, presenting 'Mexico's Challenge to Explorationists.' Stabler has worked Mexican subsurface geology since 1966…

Greece’s second international licensing round

Sep 15, 2014

An announcement on the second Greek offshore licensing round is expected this month.  The Greek Ministry of Environment, Energy and Climate Change announced the round would be launched upon publication of the Notice of the Call for Tenders in the Official Journal of the European Union…

Infield: Deepwater and ultra deepwater overview

Sep 15, 2014

The outlook for the deepwater and ultra deepwater market is positive, with a forecast capital growth rate of around 8% between 2014 and 2018, according to Infield Systems Ltd.’s deepwater and ultra deepwater report. Infield Systems anticipates…

Dow introduces several technologies at Rio Oil & Gas

Sep 15, 2014

Dow is introducing technologies developed for multiple oil and gas applications, including extraction, production, refining, gas treatment and oil distribution, at Rio Oil & Gas 2014. Dow says their technologies improve energy efficiency…

Weatherford wins Statoil contract

Sep 15, 2014

Statoil awarded Weatherford International a US$400 million contract for the delivery of tubular running services on 19 drilling units in Statoil’s portfolio.  The six-year contract has an option for two consecutive two-year extensions…

GE introduces Naxys A10

Sep 15, 2014

GE Oil & Gas is releasing industrial internet solutions at Rio Oil & Gas that include: Sealytics BOP Advisor, Field Vantage, LNG Max Reliability, Naxys A10 and System 1 Fleet Management. The Naxys A10 is an integrated acoustic solution for monitoring equipment and its surrounding environment…

McDermott completes Chevron GoM project

Sep 15, 2014

McDermott International, Inc. completed the Jack and St. Malo project for Chevron USA Inc. located in the Gulf of Mexico Walker Ridge area. The just-completed project is part of the first stage of development of the Jack South, St. Malo South and St…

Aker wins US$465M Petrobras contract

Sep 15, 2014

Petrobras awarded Aker Solutions' subsidiary Aker Oilfield Services (AKOFS) a US$465 million contract to provide subsea intervention services offshore Brazil. The five-year contract slated to begin in 4Q 2016 is for the Aker Wayfarer subsea construction vessel…

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