Latest News - page 2171

 

Byron abandons GoM well, moves to next

Mar 30, 2016

Byron Energy’s attempt to drill a sidetrack well to SM 6#2 after a drill pipe became stuck has turned out to be unsuccessful in the Gulf of Mexico, with the company abandoning the well and moving on to another. The Hercules 205…

BP layoffs to hit Houston in June

Mar 30, 2016

UK giant BP is set to layoff some 500 workers in Houston come June, as part of the company’s plan to cut about 4000 from its global upstream sector by 2017. Image from BP. All…

Petrobras cuts rig, reduces rates on second

Mar 30, 2016

Petrobras has agreed an early terminatation on its contract for Sevan Drilling's cylindrical drilling rig, the Sevan Driller. The two firms also agreed to reduce rates on a second Sevan drilling rig, the Sevan Brasil, also on contract to Petrobras…

Total - Pangea now industry's largest supercomputer

Mar 30, 2016

Total has laid claim to having the oil and gas industry's largest super computer after boosting the computer power of its system up to 6.7 petaflops - or the equivalent to 80,000 laptops combined.   The Pangea super computer's storage capacity has also been increased…

Oil & Gas UK publishes well guidelines

Mar 30, 2016

Oil & Gas UK has published an update of its Well Life Cycle Integrity Guidelines. The publication reflects recent changes in the regulatory environment, such as the requirement for well-operators and drilling contractors to integrate…

Spectrum starts Brazil campaign

Mar 30, 2016

Geoscience firm Spectrum has started a 10,400km multi client 2D survey offshore Brazil in the Amazonas and Para Maranhao basins, along the Equatorial Margin of Brazil.  The new acquisition program will tie five of Spectrum's Northern Margin programs…

Eni takes over Morocco license

Mar 30, 2016

Italian major Eni has agreed a farm-in deal with Chariot Oil & Gas on the Rabat Deep Offshore permit, off Morocco.  Eni will take a 40% stake and take over operatorship in the Rabat Deep Offshore license area, about 30km offshore Morocco in 150-3500m water depth…

Mexico lowers local content rule for deepwater

Mar 29, 2016

Mexico’s Ministry of Economy has opted to set a low local content requirement for the upcoming deepwater bid round in December. The new rule, announced in Mexico’s official journal of the federation (DOF), says oil and gas companies must…

WJM bags first contract for MOSS V

Mar 29, 2016

William Jacob Management Inc. (WJM) has secured its initial contract to complete the detailed engineering and design of its first mobile offshore support services vessel: the MOSS V. Illustration of the MOSS V…

Interwell's rigless P&A concept

Mar 29, 2016

In this video, Interwell shows an illustration of its new approach of its plugging and abandonment (P&A) solution that is a completely rigless approach to well P&A – with no need to remove tubing prior to P&A operations, and no need for drill pipe while placing primary/secondary barriers…

Island Constructor mobilizes to Oyo field

Mar 29, 2016

Houston-based Erin Energy has mobilized the Island Constructor light well intervention (LWI) vessel to the Oyo field, offshore Nigeria. The Island Constructor, from Island Offshore. The…

Emerson releases Roxar Tempest 7.2

Mar 29, 2016

Emerson Process Management has launched Roxar Tempest 7.2, the latest version of its integrated reservoir engineering software suite that can be applied in a wide variety of scenarios such as field appraisal, field optimization, and brownfield development…

AGR, Lundin sign consultancy agreement

Mar 29, 2016

AGR have been awarded a frame agreement with Lundin Norway for delivering consultancy services on- and offshore Norway. The four-year agreement has extension options which could see the partnership continue for eight years in total. “We…

Dana fails at Manatee-1

Mar 29, 2016

Dana Petroleum and its partners failed to make an oil discovery at the Manatee-1 exploration well, offshore Cameroon, according to partner SDX Energy. The well, located in the shallow waters in the prolific Niger Delta basin, was spud on 2 March using the Paragon M825 jackup rig…

Alliance to debut 15K intervention riser system in 2017

Mar 29, 2016

The Subsea Services Alliance (Alliance), a joint collaboration between Helix Energy Solutions, OneSubsea, and Schlumberger, will introduce its first joint project to engineer and manufacture a 15,000psi intervention riser system that will be available in July 2017…

Current News

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Perenco Installs Kombi-II MOPU

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