Petrobras and BP have signed a letter of intent (LOI) to jointly identify and evaluate business opportunities involving assets or ventures in Brazil and elsewhere, which include cooperation on upstream, LNG and downstream, with the purpose of developing a potential strategic alliance…
The first shipment from Chevron’s Wheatstone liquefied natural gas (LNG) project in Australia has set sail for Japan. Wheatstone is Australia’s first third-party natural gas hub, which will enable future development of natural gas resources offshore Western Australia…
DeepOcean's COO Ottar Mæland is to take over the responsibilities as acting CEO of DeepOcean. After leading the company through a successful ownership change, the current CEO of DeepOcean Bart Heijermans has decided to step down from his position…
Norway-based plug and abandonment firm HydraWell is targeting a technology to plug offshore wells without the support of a drilling rig. HydraWell has introduced PWC technology (perforate, wash and cement) to plug offshore wells in 2…
Aker Solutions has boosted its expertise in LNG by hiring four specialists who have worked on more than 30 LNG projects globally. Aker Solutions has been working in LNG and gas processing, technology and projects, since the 1970s…
The Dubai subsidiary of Scottish energy industry equipment manufacturer and service provider Flowline Specialists has recently completed work on a major subsea umbilical, riser and flexible (SURF) lay project in the Middle East. Flowline…
The UK’s remaining petroleum reserves could sustain offshore production for at least the next 20 years and beyond, if additional undeveloped resources can be matured, says the UK's Oil and Gas Authority’s (OGA). In a report “UK Oil and Gas: Reserves and Resources…
The continuous circulation of drilling fluids offers many benefits, including the control of bottom hole pressure along with enhanced wellbore cleaning and stability. In the current oil market scenario, these features become crucial requirements for personnel safety…
Subsea solutions company Kreuz Subsea has announced AJ Jain as CEO and Balaji Bhashyam as COO. Jain brings over 25 years of executive industry experience to the role having held a number of leadership positions in the oil and gas industry across the globe…
Mooring services firm InterMoor, an Acteon Group company, has named Mark Jones, global CEO. Jones' new role will include building more structure and greater collaboration amongst business units, focusing on areas of growth and mobilizing new services across the regions…
Independent Oil and Gas (IOG) has submitted the field development plan (FDP) for the Vulcan Satellites hub development in the UK North Sea to the Oil and Gas Authority (OGA). The Vulcan Satellites FDP covers the three 100%-owned and operated Southern North Sea gas fields…
Kosmos Energy's Hippocampe-1 deepwater exploration well in Block C-8 offshore Mauritania was dry. The well, drilled in 2600m water depth, in partnership with BP, was designed to test Lower Cenomanian and Albian reservoirs charged from the deeper Valanginian – Neocomian source…
Baker Hughes, a GE company, announced today (30 October) the introduction of its FASTrak Prism fluid analysis and sampling while drilling service. The service uses advanced sensors and proven technology to collect and deliver reliable, industry…
Two Diamond Offshore drilling rigs – semisubmersibles Ocean Apex and Ocean Patriot -- have secured contracts for additional work. Woodside Energy extended its contract for Ocean Apex from mid-February 2018 to early April 2018 with an…
SOCO will acquire 70% operated interest in Blocks 125 and 126 offshore central Vietnam through a production sharing agreement (PSC) the company signed on 27 October with PetroVietnam and SOVICO Holdings. Blocks 125 & 126 are located in moderate to deep water in the Phu Khanh Basin…
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