Norway's Ministry of Petroleum and Energy has announced the Awards in Predefined Areas 2017, comprising predefined areas with blocks in the North Sea, the Norwegian Sea and the Barents Sea. The application deadline for APA 2017 is mignight on Friday 1 September 2017…
Petrobras shared innovations and efficiency gains related to the Libra field at the Offshore Technology Conference (OTC) in Houston. Petrobras says collaboration between Libra area partners has produced a US$13/bbl reduction to the project's breakeven price…
A federal regional court in Brazil will allow the transfer of Petrobras' BM-S-8 exploration block, which includes the Carcará field, to Norwegian major Statoil, Petrobras announced today 2 May. 'With the favorable decision of the court…
French major Total has signed two agreements with Senegal, allowing the firm to explore in Senegal’s deep and ultra-deep offshore. “These agreements are part of the company's strategy to carry out exploration activities in new deepwater…
Traditional risk management practices involve operators navigating large static risk reports, in addition to handling massive amounts of data, with a limited timeframe to make risk informed decisions during operations. DNV GL has released…
Aker BP, Lundin and NOV have signed an agreement with Norway's Fuglesangs Subsea to develop and test a full scale prototype of what has been called 'the worlds most autonomous boosting system.' The system will be qualified as part of…
Ocean Infinity has purchased two more autonomous underwater vehicles (AUV) from Kongsberg Maritime. This will increase Ocean Infinity’s fleet of HUGIN 6000 AUVs from six to eight vehicles. The AUVs will be used worldwide to collect high resolution seabed data for clients…
OE charts the top 10 deepest water projects currently in production and in development.
Ophir Energy has started drilling operations on the Ayamé-1X deepwater exploration well, offshore Ivory Coast, according to African Petroleum. Ophir is using Seadrill's West Saturn drillship for the well, on the CI-513 license. The well…
Magseis has successfully completed the initial part of Saudi Aramco’s Red Sea seabed seismic survey together with its partner BGP and is now starting an extension project. Following a short yard stay and mobilization, the crew has started…
Seadrill is to sell three jackup rigs, the West Triton, West Resolute and West Mischief, to Shelf Drilling for US$225 million. The West Triton and West Resolute are scheduled to be delivered to Shelf Drilling by the end of May 2017 and the West Mischief during 3Q 2017…
US Interior Secretary Ryan Zinke signed two secretarial orders aimed at 'unleashing' America’s offshore energy potential and growing the US economy on the floor of the Offshore Technology Conference (OTC) yesterday (1 May). The first order implements President Trump’s Executive Order…
Total has started production from the offshore Badamyar project, 220km south of Yangon, Myanmar. The project will enable an extension of the Yadana gas field’s 8 Bcm per year production plateau beyond 2020. The Badamyar project involved installing a new wellhead platform…
The Steam Oil Production Company has entered into a cooperation agreement with FluidOil, an independent heavy oil technology company, to explore the potential of integrating FluidOil’s Viscositor Heavy-to-Light (VHTL) oil upgrading technology into an offshore steam flooding project…
Ophir Energy's Fortuna LNG development is a step closer to reality after signing an umbrella agreement, which sets out the legal and fiscal framework for the project. Ophir, the Republic of Equatorial Guinea, OneLNGSA and La Compañía…
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