Mexico’s senate passed the secondary legislation that defines new institutional framework for state oil company Petróleos Mexicanos (Pemex) following the December 2013's sweeping energy reforms. After 12 hours of debate and hearing from more than 50 senators…
ABB released its High Integrity (HI) safety system for use with any ABB or third party control system, PLC or operator interface. This TÜV-certified release can be used with any SIL 1-3 application. It can interface all necessary information…
In October, Newpark Drilling Fluids named Phil Vollands president of North America. Vollands is focused on growing the business and positioning Newpark Drilling Fluids as the leader in water-based fluid technology. Vollands has plenty of industry experience…
Developments in the natural gas and liquefied natural gas (LNG) industries are putting new demands on LNG shipping, triggering new specialized LNG carriers. Lars Petter Blikom sets out why. Aside from tanks and machinery, they are all generally the same…
Statoil Petroleum has made a small gas discovery on the 7325/1-1 well on production license (PL) 615 in the Barents Sea. The well was drilled about 56km northeast of the Wisting Central oil discovery 7324/8-1, operated by OMV, in the Barents Sea…
Fugro has opened a new, 7000sq m facility in the SONILS Oil Service Centre in Luanda, Angola. Angola is now the second largest oil producer in Sub-Saharan Africa, after Nigeria, the firm said. “Our new site demonstrates Fugro’s strong commitment to the Angolan market…
INTECSEA UK has been awarded a subsea front-end engineering and design (FEED) contract for Maersk Oil UK's US$4.7 billion Culzean ultra-high-pressure, high-temperature development in the North Sea. The contract, which includes optional…
Statoil has resumed oil and gas production on the Njord A floating steel platform in the Norwegian Sea after a major reinforcement of the platform structure. Njord A, which produces the Njord and Hyme fields, had been shut down since…
A modern descendant of the first LNG containment system for ships could become one of the key technologies carrying gas transport and trading into tomorrow. Joe Evangeilsta reviews its evolution. When the new Panama Canal opens in late 2015…
Italian contractor Saipem awarded Singapore-based Sembcorp Marine a US$484 million contract to convert two FPSOs for Total’s Kaombo project offshore Angola. Sembcorp subsidiary Sembawang Shipyard will convert two very large crude carriers…
Both Gabon and the Democratic Republic of Congo (DRC) in Kinshasa are rejecting Angola's proposed changes to the maritime borders, in which Angola seeks to increase its continental shelf length by more than 200mi. Gabon and the DRC have…
Rendering of Shell's Prelude FLNG. Photo from Shell. Vinson & Elkins’ David Lang and Paul Greening discuss determining whether and FLNG facility can receive limitations of liability for maritime claims…
Norberto Odebrecht, who founded one of Latin America’s largest engineering companies, Odebrecht, died Saturday of heart failure in Salvador, Bahia, Brazil. The founder and honorary chairman of the Odebrecht Group, built a successful business with a 70-year history…
Business is good in the oilfield, and as increased production and steady commodity prices contribute an influx of cash, operators are reinvesting in themselves, expanding their share buyback programs. Management usually says that…
Houston-based McDermott International won a contract to provide transportation and installation services to Walter Oil & Gas Corp. for the Megalodon platform in South Timbalier Block 311 in the Gulf of Mexico. McDermott will provide all…
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