Mexico's President Enrique Pena Nieto denied rumors that the state-owned oil company Pemex (Petroleos Mexicanos) will be privatized. Pena Nieto appeared at the 75th anniversary of the expropriation of the oil industry from foreign interests…
Andrew Long of Petroleum GeoServices provides a rough guide to the science behind broadband seismic and why it is transforming the possibilities for acquiring high resolution images of the subsurface using towed streamer marine seismic acquisition technology…
Wood Group PSN (WGPSN) is delivering operations and maintenance services to Chevron's offshore production facilities under a new $17.5 million (USD) contract. La Guajira map (Image: Ecopetrol)Wood Group PSN will provide services to Chevron's two offshore platforms (Chuchupa A and B)…
The BOA Galatea will today complete the multi-client program in the Ceara area in northern Brazil. BOA Galatea (Photo: EMGS)The vessel will immediately after a scheduled port call mobilise for a multi-client program covering approximately 8000…
Wärtsilä will set up a new fully-owned manufacturing facility in Brazil to meet the increasing market demand, particularly in the offshore market. Wärtsilä’s investment in the new facilities is approximately EUR 20 million.Wärtsilä Auxpac…
Production from subsea wells is growing in importance in many operator portfolios. As easily accessible oil is depleted, subsea processing offers a compelling solution to economically produce in a variety of challenging conditions. Worldwide…
Eni recently renewed its energy research partnership with the Massachusetts Institute of Technology Energy Initiative (MITEI), establishing a new path forward for this highly successful collaboration. This alliance provides an opportunity…
COLLOQUY: Editor's Column Earliest records of navigation as a science come from the Indus Valley civilization, along the Indus River, which flows from the Tibetan Plateau through India and Pakistan. Among the earliest navigation…
DeepOcean UK, a subsidiary of DeepOcean Group Holding BV, today announced that the company has entered into a long term charter of the Havila Phoenix.The vessel, equipped with 250 ton crane, will be lengthened by 15 metres prior to delivery in Q1 2014 to 125m length by 23m beam…
Statoil and co-venturer ExxonMobil are pleased to announce their third high impact discovery in Block 2 offshore Tanzania in a year.The discovery of 4-6 TCF of natural gas in place in the Tangawizi-1 well brings the total in-place volumes up to 15-17 TCF…
BG Group today announced it had completed its appraisal programme in the Jodari field of Block 1 offshore Tanzania, with a drill stem test on the original natural gas discovery well confirming the excellent quality of the Tertiary reservoirThe drill stem test on the Jodari-1 well…
BP supports XACT R&D effort BP Ventures is investing in advanced acoustic telemetry technology developed by XACT Downhole Telemetry Inc. for drilling and completing difficult offshore wells. The technology provides high-speed, real-time…
Tullow opens office in Nouakchott. In preparation for the start of a four-well exploration program and increased operational activity, the Director of Hydrocarbon, Ahmed Salem Tekrour, joined a small number of guests to open the new Tullow offices in Nouakchott…
Statoil has signed a three year contract for the Stena Carron drillship for exploration drilling in the pre-salt blocks (Blocks 38 and 39) in the Kwanza basin in Angola.The agreement managed by Stena Drilling is for a three-year fixed term with start-up Q4 2013 / Q1 2014…
A survey of more than 900 Oil and Gas companies has revealed that they are concerned that the average wage in the industry will rise 15% this year from £64,000 to £73,600.The survey by OilandGasPeople found that 70% of oil and gas companies were worried that wages were rising too fast…
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