Repsol encountered high quality oil at the ultra deepwater well León, in the Keathley Canyon 642 block located in the US Gulf of Mexico. Map from Repsol. At León, located 352km from the Louisiana coast…
EnQuest awarded Technip an engineering, procurement, installation and construction (EPCI) contract for the Kraken development. Technip's Deep Energy. From Technip. Kraken is located in the North Sea…
Hess Corp. is moving forward with the US$6 billion development of the Stampede Field in the deepwater Gulf of Mexico after a final investment decision was reached. Stampede, a joint development of the earlier Knotty Head and Pony discoveries…
BW Offshore has received a two year contract extension for the lease and operation of the FPSO Berge Helene from PETRONAS Carigali Mauritania 1. The firm period has been extended to Q2 2017 (from Q2 2015). The FPSO is moored on the Mauritania/Chinguetti fields offshore Mauritania.
Technip was awarded a substantial subsea contract by Chevron Indonesia for the Bangka Development, located in Rapak PSC area, approximately 70km offshore the province of East Kalimantan, Indonesia. The contract covers engineering, procurement…
ExxonMobil started drilling the Pelican South-1 well, its third and latest prospect in the Neptun Block off Romania in the Black Sea. Pelican South-1 is being drilled by Diamond Offshore's ultra-deepwater semisubmersible Ocean Endeavor about 155km offshore…
Kleven’s Myklebust Verft signed a contract with Ocean Yield ASA for modifications of the Aker Wayfarer vessel to become a deepwater subsea equipment support vessel (SESV). The Aker Wayfarer. From Aker Solutions…
dGB Earth Sciences launched its OpendTect 5.0, the latest version of its open source seismic interpretation software, at the Society of Exploration Geophysicists (SEG) 84th annual meeting in Denver. OpendTect 5.0 comes with significant…
Baker Hughes has announced the commercial release of its MultiNode all-electric intelligent well system, which allows operators to remotely monitor and control a greater number of production zones in both cased and openhole completions. The…
The world’s first subsea wet gas compressor station is now ready for the final testing at Horsøy outside Bergen before being prepared for installation and hook-up to Gullfaks C in 2015, says Statoil. By adding 22MM boe extra from the…
The government of Nova Scotia awarded Petrofac a contract to help identify the best ways to exploit the province’s ultra deepwater oil potential. Under the terms of the agreement, Petrofac is expected to deliver a development study for…
Total E&P UK is extending a decades-long relationship with CHC Helicopter in the North Sea, awarding CHC a long-term helicopter transportation contract to support Total’s offshore operations across the United Kingdom Continental Shelf (UKCS)…
Kenya will need to focus on providing a competitive and stable fiscal environment if it is to fully exploit its offshore gas industry and attract investors ahead of Mozambique and Tanzania, says an analyst with research and consulting firm GlobalData…
Tercel Oilfield Products introduced its patented MicroCORE cutting system, developed in collaboration with Total. The launch took place at the Society of Petroleum Engineers Annual Technical Conference & Exhibition (SPE ATCE) from October 27-29 2014 in Amsterdam…
Major oil and gas companies have several challenges to face when it comes to operating in the Arctic. Won Ho Lee and Piotr Szalewski, both DNV GL principal engineers, discussed some of these challenges at the company’s annual Technology Week last month…
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