PEMEX's Cantarell Administrator, Miguel Ángel Lozada Aguilar, said yesterday that the company will invest $6 billion in 2017 in order to maintain current production levels at the Cantarell field over the next decade, according to Reuters…
The American Bureau of Shipping (ABS), a provider of classification services to the global offshore industry, has entered into a joint development project (JDP) with South Korea’ s Daewoo Shipbuilding & Marine Engineering (DSME) to develop the industry’ s first LNG-fueled drillship…
DEH cable being placed into the traditional protection system, which is a labor and time intensive process. Images from Nexans. Exploration and production in harsher environments and deeper waters…
TE Connectivity Ltd. today announced that it has completed the acquisition of the SEACON group, a worldwide provider of underwater connector technology and systems (map of SEACON Group locations at right). The El Cajon, California-based…
Woodside announced that the Toro-1 exploration well in permit WA-430-P has intersected approximately 150m gross gas and 65m net gas within the Mungaroo Formation target. The Toro-1 well was drilled to a total depth of 3724m, referenced from the rig rotary table…
The Ministry of Construction, Housing and Utilities of the Russian Federation has granted a construction permit to Amsterdam’s South Stream Transport for the South Stream gas pipeline. The pipeline will originate in Russia, pass under the Black Sea…
Premier announced today that the first gas under the Domestic Swap Agreement (DSA) commenced on 1 July. Premier will supply up to an additional 40BBtud (gross) from its operated Natuna Sea Block A offshore Indonesia to the domestic market…
On the 14-16 October, the 5th biennial edition of SPE Russian Oil & Gas, Exploration and Production Technical Conference and Exhibition will be taking place at the All-Russian Exhibition Center in Moscow. The organizers are expecting a total…
CGG announced its recent inauguration of an open subsurface imaging center in Yangon to service and support anticipated growth in Myanmar’s oil and gas exploration sector. The new center is the first of its kind to be opened in Myanmar by a major international geoscience company…
Stanford Marine announced that its news anchor handling tug, the Stanford Mustang, has been delivered. The Stanford Mustang, a 50m DP2 tug, was specially designed to handle a specific charter in Qatar and was built at Fujian Mawei shipyard in Fuzhou…
Royal Boskalis Westminster NV and SAAM SA have created a joint harbor towage operation in Brazil, Mexico, Canada and Panama. The intended partnership, which is between SMIT, a wholly owned subsidiary of Boskalis, and SAAM, a wholly owned subsidiary of Sociedad Matriz SAAM SA…
Efforts surrounding the research and development of technologies for oil recovery are currently being centralized in order to ensure continued production of crucial sources of hydrocarbons worldwide. As a result, it is expected that enhanced…
Industry excellence in health and safety was recognized at the UK Oil and Gas Industry Safety Awards in Aberdeen at the end of April. The event recognizes and honors the companies and people who embody the spirit of safety and innovation across the sector…
DNV GL Group COO and Executive Vice President Remi Eriksen, left, shakes hands with Stein Eggan, chief executive officer of Marine Cybernetics, following the acquisition announcement at Houston’s OTC 2014…
The BP MS 150 is a two-day fundraising cycling ride organized by the National Multiple Sclerosis Society: Lone Star Chapter. This ride is the largest event of its kind in North America, and the top fund- raiser for the society, but it’s one of more than 100 Bike MS rides staged around the US…
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