Lloyd’s Register Energy has launched a new risk-based Technology Qualification Guidance Note that aims to minimize risks and uncertainty of novel designs, concepts or applications not covered by existing rules, industry codes or best practice…
Phoenix, Arizona-headquartered Freeport-McMoRan boosted its production estimates on both its Holstein Deep and Dorado developments in the Gulf of Mexico, the company announced on 4 December. Freeport-McMorRan said it expects to achieve 30…
Stone Energy’s Cardona deepwater development in the US Gulf of Mexico came online in November ahead of its sanctioned schedule and under budget. Image from Stone Energy. Cardona is located…
Searcher Seismic, in conjunction with project partner MAGE, is conducting a 2D seismic survey off western Ireland. Map of Echidna Regional Broadband 2D seismic survey. From Searcher Seismic. The Echidna…
Toronto-based Pacific Rubiales Energy and Mexico’s Alfa S.A.B. de C.V (ALFA) entered into an agreement to create a 50:50 joint venture for the development of business in Mexico. Pantin. From Pacific Rubiales…
Petrotrin workers called for a strike by the Oilfields Workers’ Trade Union (OWTU) after management refused wage increases. The action could shutter the country's refinery. Energy Minister Kevin Ramnarine addressed the Trinidad and Tobago Parliament today on the financial status of Petrotrin…
The Ministry of Energy and Energy Affairs (MEEA) for the Republic of Trinidad and Tobago signed contracts yesterday, awarding two deepwater blocks to the BHP Billiton - BG International consortium. L-R: TT Energy Minister Kevin Ramnarine…
For the UK Oil & Gas industry, today’s Autumn Statement by British Chancellor of the Exchequer George Osborne, offered the first cut in tax rates for the UK North Sea in 21 years. “There is record investment this year in the North Sea…
Masirah Oil commissioned a new 3D seismic survey of Block 50 offshore Oman to be conducted by Dolphin Geophysical. The Artemis Arctic. From Dolphin Geophysical. Block 50 is located on the southeast coast of the Sultanate of Oman…
Hardbanding Solutions by Postle Industries released a new standard operating procedure for the application of Duraband NC hardbanding on completion tubing connections. The upset connections of 2-7/8 and 2-3/8 tubing are experiencing excessive wear in many drilling environments…
2H Offshore invested in improved office facilities in Kuala Lumpur, Malaysia and Perth, Australia, to support ongoing growth in the Asia Pacific region. “The subsea oil and gas industry in Asia Pacific continues to grow rapidly,' says Hugh Howells…
Camac Energy signed a contract with a subsidiary of Transocean for the provision of the semisubmersible drilling unit Sedco Express for drilling and completion activities offshore Nigeria. The Sedco Express…
Petrobras encountered hydrocarbons in the Orca-1 exploration well in the Tayrona block offshore Colombia, according to partner Ecopetrol S.A. The drill reached a depth of 4243m. Image from Ecopetrol…
TGS and Electromagnetic Geoservices ASA (EMGS) have agreed to further expand the companies' previous cooperation agreement in the Barents Sea. TGS will partner with EMGS to acquire electromagnetic (EM) data over approximately 10 new blocks in the Nordkapp and Tiddly areas…
Business taxes: What could be in the Chancellor’s Red Box? Cathy Taylor, EY’s tax partner in Cambridge comments on her business tax predictions for the Chancellor’s Autumn Statement. “In the last Autumn Statement before the general election…
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