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Iranian opportunities beckon

Dec 17, 2013

An agreement to discuss lifting sanctions against Iran offers a glimpse of hope that its oil and gas sector could be reopened to international business. Elaine Maslin reports. Talk of fully or partially lifting sanctions against Iran has raised hopes within the region…

BHI North American rig count

Dec 17, 2013

Baker Hughes North America rotary rig count, released 13 Dec 2013, shows 59 drilling rigs operating offshore US, down 2 from 61 a week ago, but up 10 from a year ago. This includes 53 rigs working offshore Lousiana and 2 rigs each off California…

OGX begins Campos basin production

Dec 17, 2013

On 4 Dec 2013, OGX Petroleo e Gas SA , Brazil's second-largest oil company by market value, began production in the Tubarão Martelo field, located in the BM-C-39 and BM-C-40 blocks, through the horizontal well TBMT-8H. On 29 Nov 2013…

Maersk Oil assessing Whale Park wells off Brazil

Dec 17, 2013

At the end of Q3 2013, Maersk Oil reported it continues assessing the Itaipu and Wahoo appraisal wells, and lists the offshore Brazil projects as part of its long-term perspective. Up to the first quarter of 2013, Maersk Oil has drilled…

Atkins wins Ichthys work

Dec 17, 2013

Atkins has successfully won a AUS$19 million flow assurance contract for the INPEX-operated Ichthys Project, offshore of Western Australia. The project will take gas from the Ichthys field, in the Browse basin, which will then undergo preliminary processing by offshore facilities…

€3 million multiphase reference study launched

Dec 17, 2013

A European consortium, led by NEL in the UK, has been awarded a three year research project to establish a reference measurement network and standards aimed at improving the accuracy of subsea multiphase flow measurement for the oil and gas industry…

CGG and Spectrum in joint Brazil shoot

Dec 17, 2013

CGG and Spectrum are jointly launching a large, high-end BroadSeisTM 3D multi-client survey program offshore Brazil that will focus on a large proportion of open acreage in the very promising Foz do Amazonas Basin. The two companies are working as equal partners on this project…

Marin buys AGR unit

Dec 17, 2013

Marin, the ultra-deepwater excavation specialist and recovery firm, is to acquire AGR Seabed Intervention. The announcement comes after the duo formed a strategic alliance earlier this year. The acquisition of AGR Seabed Intervention…

Shah Deniz 2 agreed

Dec 17, 2013

Partners in the Shah Deniz gas field consortium in Azerbaijan have decided to go ahead with a stage 2 development of the Caspian Sea field, opening its sources to Europe. This decision triggers plans to expand the South Caucasus Pipeline (SCPX) through Azerbaijan and Georgia…

Mott MacDonald wins UAE contract

Dec 16, 2013

Mott MacDonald has been appointed project management consultant by the Abu Dhabi Oil Company Limited (ADOC) for the development of the Hail offshore oilfield in Abu Dhabi, UAE. Located approximately 10km south of Mubarraz Island, the…

Keppel lands S$150m contracts

Dec 16, 2013

Keppel Offshore & Marine Ltd's (Keppel O&M) subsidiaries Keppel Shipyard Ltd (Keppel Shipyard) and Keppel Nantong Shipyard Co. Ltd (Keppel Nantong) have secured five contracts worth about S$150 million in total. Keppel Shipyard's contracts are FPSO and FSO projects from Armada C7 Pte Ltd…

Trouble in deepwater?

Dec 16, 2013

Deepwater drilling rig contractors are facing an uncertain future, with an increasingly fragmented market favoring those who contract the vessels, according to an analyst. The comments follow market updates from rig operators including Transocean Ltd…

NCE Subsea partners with Bergen university

Dec 16, 2013

Norwegian Centre of Expertise Subsea (NCE Subsea) and the University of Bergen (UiB) have signed an agreement that makes the university a new partner in the subsea cluster network. Through the partnership, NCE Subsea and UiB want to improve communication between researchers and industry…

Mexican Congress passes energy bill

Dec 13, 2013

Mexico’s Senate approved a new energy reform bill on Wednesday that will open the country’s oil and gas industry to private and foreign investment through production sharing agreements and licensing. President Enrique Pena Nieto’s ruling…

Chevron unveils 2014 CAPEX

Dec 13, 2013

Chevron Corp. announced its new US$39.8 billion capital and exploratory investment program for 2014. Approximately 90% of the 2014 spending program is budgeted for upstream crude oil and natural gas exploration and production projects…

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