The bodies of three crewmembers who went missing after an explosion on the Cidade de São Mateus FPSO last month have been found, the vessel operator BW Offshore announced today (3 March). The death toll from the explosion has now risen to nine…
The recent downturn in oil prices is expected to have minimal direct impact on Gulf of Mexico (GOM) crude oil production through 2016 because of the long timelines associated with GOM projects, according to a new report by the US Energy Information Administration (EIA)…
Petrobras's executive board approved a two-year (2015/2016), US$13.7 billion divestment plan. The plan includes exploration & production assets in Brazil and abroad (30%), as well as assets in the downstream (30%), and gas and energy (40%) segments…
Industry backing has been given to two projects, helping to develop seismic imaging and tropical storm prediction technologies. ITF CEO O'Brien. From ITF. Through the Industry Technology Facilitator (ITF)…
Initial evaluation of 3D seismic data shows that Providence Resources P.l.c.’s Drombeg prospect offshore southwest Ireland, is consistent with those of a large deepwater fan system. The Polarcus Amani 3D seismic vessel…
Bordelon Marine is partnering with Susan G. Komen to christen the MV Shelia Bordelon on 20 March 2015 at Bordelon Marine Shipbuilders in Houma, Louisiana. As part of its partnership Bordelon Marine will donate a portion of the profits from its ship…
Ferguson Group Singapore appointed OPS Oilfield Equipment and Services Ltd (OPS-OES) as the group’s new exclusive partner for Thailand. Simon de Koning, Business Unit Manager at the group’s Singapore Module Yard at Loyang Offshore Supply Base…
Ocean Rig’s Eirik Raude arrived in the North Falkland basin off the Falkland Islands and will be moved to begin drilling the first well, according to Rockhopper Exploration. The six-well drilling campaign on the Zebedee prospect will…
FMC Technologies awarded McDermott International a sizeable manifold and subsea safety isolation valve module fabrication contract for the Jangkrik fields located offshore Kalimantan, Indonesia. McDermott’s Batam Island facility in Indonesia…
Statoil awarded IKM Ocean Design the Johan Sverdrup SURF detail engineering and services 2015-20 contract. Johan Sverdrup rendering. From Statoil. Johan Sverdrup field is a large oil discovery in production licenses PL265…
Industry cost-cutting and job cuts will get worse before it gets better, industry leaders told a business seminar in Aberdeen on 3 March. But, despite the gloom, they also said that the industry also needed to send out a more positive message…
Ceona Offshore’s deepwater multi-purpose Ceona Amazon, is close to undertaking its first job in record time from drawing board to mobilization. The contract for the construction of the vessel was signed in July 2013, just over a year after the company was formed…
McDermott International has won two contacts for EPCI work, one for Qatar Petroleum in the North Field Alpha gas development, and a second from Saudi Aramco for the Marjan field, offshore Saudi Arabia. The North Field Alpha project calls for a new jacket…
Tupi BV awarded Technip a contract to supply high technological flexible pipes for the Lula Alto pre-salt oil field off Brazil. Map from Petrobras. Lula Alto is an ongoing development located in the Santos basin…
LUKOIL-Nizhnevolzhskneft established a new world record in horizontal drilling with a significant bottom displacement. Well No. 108, drilled from an offshore ice-resistant stationary platform at Yuri Korchagin field in the Caspian Sea, went down 4908m in the 9…
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