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Government, industry take action to stimulate exploration on the UKCS

Nov 19, 2014

At the PETEX 2014 conference in London on 18 November,  Oil & Gas UK announced the kick-off of two projects aimed at stimulating exploration on the UK Continental Shelf (UKCS) and appealed  for further industry participation in the 21st Century…

CMM gets US$130 million Petrobras contract

Nov 19, 2014

Brazil’s Petrobras awarded Compagnie Maritime Monégasque SAM (CMM) US$130 million contract to charter five new-build fast oil spill response vessels. Rendering of Damen fast oil spill response vessels…

Emerson releases remote terminal unit

Nov 19, 2014

Emerson Process Management has introduced OpenEnterprise Field Tools. The remote terminal unit (RTU) and Highway Addressable Remote Transducer (HART) configuration suite enables local and remote configuration and real-time HART device monitoring in remote oil and gas applications…

Caribbean FLNG undocks in China

Nov 19, 2014

The Caribbean floating liquefaction and storage (FLNG) facility undocked from the Wison Offshore & Marine dry dock in Nantong, China. Wison Offshore & Marine dry dock. From Wison.   Wison…

CNOOC hits more pay off China

Nov 19, 2014

CNOOC Ltd. encountered a new mid-sized discovery at the Lufeng14-4 structure in the eastern South China Sea. Pearl River Mouth basin activity. From CNOOC. Lufeng14-4 is located in Lufeng…

Pieter Schelte starts maiden voyage

Nov 19, 2014

Allseas’ 382m-long, 124m-wide platform installation/decommissioning and pipelay mega-vessel Pieter Schelte is on its way to Europe after leaving Daewoo’s Okpo shipyard in South Korea 17 November. The Pieter Schelte will make short stops…

Projects target North Sea exploration boost

Nov 19, 2014

A bid to boost exploration rates in the UK North Sea has seen the launch of two new initiatives, including a move to re-assess the potential of the central North Sea.  The first is an industry-wide review, led by the Department of Energy and Climate Change (DECC)…

Rich pickings in CNS says CGG

Nov 19, 2014

French seismic firm CGG says the UK’s central North Sea is still rich in opportunities for the development and discovery of new fields, despite its relative maturity and the challenges is poses around seismic imaging, especially in the deep…

WGPSN secures Hibernia extension

Nov 19, 2014

Engineering services firm Wood Group PSN (WGPSN) has been awarded a multi-million dollar contract extension for services on the Hibernia platform, offshore Newfoundland and Labrador. WGPSN is providing engineering, procurement and construction on Hibernia…

Cairn - second Senegal target dry

Nov 19, 2014

Cairn Energy has confirmed an oil find on the SNE-1 well offshore Senegal, but says a deeper target was dry. The SNE-1 well discovered oil in the upper clastic target, but no hydrocarbons were subsequently encountered in the deeper target…

Technip unveils latest DSV

Nov 19, 2014

Technip is to name its latest newbuild dive support vessel (DSV), currently being built by Vard, the Deep Explorer.   The high-specification, DP3 vessel will feature a 24-man saturated dive system, large deck area, moonpool, work-class ROVs…

Noreco seeks interest deferral

Nov 19, 2014

Norwegian exploration and production firm Noreco is seeking to defer bond and bond interest payments as it continues to face financial pressure over impairments on key production assets.  Noreco has said, according to updated reservoir modeling by operator Dong Energy…

Rosneft approved for Arctic research

Nov 18, 2014

The Russian National Committee for United Nations Environment Programme (UNEPCOM) endorsed Rosneft and the Russian Geographical Society's initiative to continue its Arctic research program. This program will help define the principles of economic activity regulations in the region…

Former Pemex CEO weighs in on reform

Nov 18, 2014

Speaking at Tuesday's 2014 Deloitte Oil & Gas Conference in Houston, former Petroleos Mexicanos (Pemex) CEO Dr. Jesus Reyes-Heroles weighed in on the country's historic energy reform. Reyes-Heroles said that he expects the Mexican energy reform to impact the GDP by 4…

Eni targets offshore Turkmenistan

Nov 18, 2014

Eni and the Turkmen State Agency for Management and Use of Hydrocarbon Resources have signed a memorandum for the possibility of extending Eni's current activities in Turkmenistan to the country's offshore sector in the Caspian Sea.  Eni's…

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