On 15 Feb 2013, Colombia's Ecopetrol SA announced its proven reserves (1P, according to the international designation) of crude oil, condensate and natural gas, including its interest in affiliates and subsidiaries, as of December 31, 2012. Proven net reserves (1P) increased to 1…
Topsides deal worth approximately NOK 6.1 billionDagny field illustration, with the Sleipner field in the background. (Image: Statoil)Statoil and its Dagny partners Total and Det norske chose Daewoo Shipbuilding & Marine Engineering to design and build topsides for North Sea platform…
Compressor order from Petrobras for Santo Basin FPSOsA crane loads a two-stage screw compressor unit with noise control enclosurefor offshore useSix two-stage screw compressor units for six offshore oil production installations, known as FPSO (floating production…
Malta Offshore Area 4 (Image: Mediterranean Oil & Gas plc)Mediterranean Oil & Gas Plc. (LON:MOG) is continuing its preparations for the arrival of the Hagar Qim 1 well off Malta in the final quarter of the year.The latest development is…
Seamless pipe mill is Tenaris’ first in US Texas Gov. Rick Perry speaks at an event announcing a new seamless pipe mill in Bay City, Texas (Image: Tenaris)Tenaris will build a US$1.5 billion seamless pipe mill in Bay City, Texas, the company…
Italian major, Eni S.p.A., announced results for fourth-quarter and full-year 2012 on Friday, 15 Feb 2013. Operational highlights include: Record amount of discovered resources in the year: 3.64 bboe; Proved reserves at eight-year record: 7…
Oceaneering International, Inc. reported record fourth-quarter and annual earnings for the periods ended December 31, 2012.For the 4Q 2012, Oceaneering earned net income of $80.6 million, or $0.74 per share, on revenue of $780.9 million. During the corresponding period in 2011…
Paul Dickerson sits down with Brion Palmer, President and Publisher of Offshore Engineer, the company providing information to the global offshore industry since 1975, today through Offshore Engineer Magazine, multiple websites, and through numerous annual events.
Hyperdynamics cheered by updated Guinea studyMap of Guinea (Image: Dana Petroleum)Netherland, Sewell & Associates, Inc. (NSAI), completed an updated resource evaluation study for Houston-based Hyperdynamics Corp.'s oil and gas concession off the Republic of Guinea…
On 7 December 2012, the Government of Malta awarded three offshore blocks totaling 6,400sq km to Capricorn Malta, a subsidiary of Edinburgh-based Cairn Energy. Cairn CEO Simon Thomson, who succeeded Sir Bill Gammell as chief executive in July 2011…
Oceaneering to provide 3 BOP control systems Multiplex Control Pod (Image: Oceaneering) Oceaneering International, Inc. secured contracts with a subsidiary of Transocean Ltd. to provide three subsea blowout preventer (BOP) control systems…
Reidar Hustoft named Norway managing directorReidar Hustoft named managing director of Dana's Norwegian activities (Image: Dana Petroleum)Aberdeen-based Dana Petroleum appointed a new managing director for its Norwegian activities. Reidar…
Cotemar Group extends contracts for Prosafe semisubs at Cantarell fieldProsafe's Jasminia accomodation semisub accommodates 535 personnel (Image: Prosafe SE)Mexico’s Cotemar Group, a private company headquartered in San Pedro Garza García…
Rosneft pact grants Exxon 7 Arctic Sea blocksExxonMobil President Stephen Greenlee and Rosneft President Igor Sechin sign expanded cooperation agreementExxonMobil significantly boosted its presence in the Russian Arctic with new agreements with Russian partner Rosneft…
Archer to provide P&A services for Statoil Image: ArcherArcher Ltd., a global oilfield service provider headquartered in Bermuda, has secured a contract with Statoil for the permanent plugging and abandonment of 12 gas wells on the…
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