Scotland today (September 18) goes to the polls to decide on its possible future fate as an independent nation. It is being hailed as a historic day for the country. But, for some, the mere existence of the referendum has already damaged investment in the UK North Sea…
Petrobras expects pre-salt production to account for 50% of its total production by 2020, Carlos Tadeu Fraga, Petrobras’ general manager for pre-salt E&P told attendees at Rio Oil and Gas 2014 on Wednesday. Fraga (pictured) stepped in…
Scientific Drilling International (SDI) introduced the TiTAN22 performance motor solution. The TiTAN22 is engineered to support the most demanding drilling environments and deliver reliability and durability across a wide range of applications…
Petrobras awarded GE Oil and Gas a subsea equipment supply contract for pre-salt fields worth approximately US$300 million. The contract includes eight manifolds that will be designed with retrievable injection modules to allow water-alternated gas injection for up to four wells…
Walter Steedman has been elected Chairman of the Offshore Survey Division of the International Marine Contractors Association (IMCA). IMCA represents the interests of nearly 1000 offshore, marine and underwater engineering companies in over 60 countries…
iSURVEY Offshore, a provider of survey and positioning services to the global oil and gas, offshore renewables and telecommunications markets, has completed a contract with Bibby Offshore’s ROV division worth more than £500,000. The work was performed in the UK sector of the North Sea…
Mozambique's state oil and gas company, Companhia Moçambicana de Hidrocarbonetos SA (CMH) posted a profit of US$37.8 million in 2013, a year-on-year increase of 29%, according to the company’s report and accounts for last year. According to a CMH report cited by the Mozambican press…
Patricia Vega is the new president and CEO of GE Oil & Gas for Latin America. Vega will be responsible to maintain the prominent position assumed by the company in the oil and gas market, contributing to the development of customized…
Malaysia’s UMW Offshore Drilling Sdn. Bhd. and Frontier Oil Corp. signed a US$20 million agreement for Frontier to drill two wells in the Calauit oil field off northwest Palawan in the Philippines. The contract is for a 120-day period with an option to extend for an additional 180 days…
DeepOcean Group Holding B.V. added Henk van den IJssel and Peter van der Hak to their team, effective 1 October 2014. “We are pleased that Henk and Peter have decided to join the DeepOcean team,” says DeepOcean CEO Bart Heijermans. “Henk…
Jee Ltd. was awarded a three-year contract renewal from BP with potential value in excess of US$7.3 million. Trevor Jee, Managing Director of Jee Image: Jee The two…
Over US$30 billion will be committed in Mozambique to produce 20 million tonnes of LNG annually (mtpa), with the ports of Pemba and Palma to be redeveloped under a massive program. Mozambique's national oil company, Empresa Nacional de Hidrocarbonetos (ENH)…
German company RWE Dea has been awarded two offshore blocks in the Gulf of Suez in Egypt’s international bid round. The new RWE Dea licences in the Gulf of Suez Map from Dea RWE will become…
P&O Maritime, a subsidiary of Dubai-based global marine terminal operator DP World, has acquired a majority stake in Remolcadores de Puerto y Altura S.A. (Repasa), a Spanish operator of offshore support vessels. P&O and Repasa will form a new joint-venture company under the P&O Maritime brand…
Eni has discovered oil in Block 15/06, in the Ochigufu exploration prospect offshore Angola. ENI said the find was 'important' and would be fast tracked to production through the Ngoma floating production, storage and offloading vessel on the company's West Hub development…
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