Petrobras' proven pre-salt reserves are up 43% in 2013. Since 2007, the company has been adding increasing amounts to its proven reserves coming from the pre-salt layer, which extends from the south of the state of Espírito Santo to the state of Santa Catarina…
For Brazil’s first pre-salt auction, new production sharing rules changed the playing field, attracting fewer, but more substantial bids. Brazil auctioned its first pre-salt field, Libra, back in late October. Libra, located in Block SS-AUP1…
New technology Improving baseline survey accuracy was required to respond to challenges associated with Israel’s Tamar project. The cost of deepwater pipeline repair makes inspection accuracy critical to assessing pipeline integrity.…
Italy's ENI SpA inaugurated its new office in Mexico City with a ribbon-cutting ceremony, less than a month after Mexico voted to amend its Constitution to open the oil & gas market to foreign companies. The President of Mexico, Enrique Peña Nieto…
Bernard Herman van Bilderbeek, CEO of Plexus Group, explains how its friction-grip technology can be applied to subsea wellheads Since early 2000, the US Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE), formerly the Minerals Management Service (MMS)…
Halliburton plans to open a new integrated completion center located in New Iberia, Louisiana. This new facility will expand the company’s resources and capabilities for deepwater completion tools while continuing to focus on service alignment…
RFID is nothing new, but companies are adopting the technology in hopes of streamlining the way they do business offshore. By Audrey Leon Offshore logistical operations can be complicated. Companies need to keep tabs on all equipment…
Oil & Gas UK today published its UK Offshore Oil and Gas Fabricators Directory, providing a showcase for British construction yards which design and build major facilities for both domestic and international energy markets. The 80-page…
Camac Energy Inc. signed a contract with Northern Offshore Ltd. for the drillship Energy Searcher. The rig is expected to be delivered to the Oyo Field in OML 120 offshore Nigeria to commence drilling activities in 1H 2014. The signed agreement covers an initial period of one year…
Freeport-McMoRan Copper & Gold (FCX) is one of the world’s largest mining companies, but it is expanding its interests in North American oil and gas. FM O&G has about 1200 Houston-based employees, and has additional offices in California…
In an age of increasingly hard-to-tap resources and high demand, operators are continually searching for reliable, cost-effective ways to extend production and improve recovery in mature or damaged wells. A cased hole whipstock system that…
In recent years, the oil and gas sector has focused heavily on exploration in frontier regions, seeking new opportunities in areas previously underexplored. However, given the competitive landscape, opportunities in more mature areas have also captured the industry’s interest…
The leasing of floating production system (FPS) units is one of the main factors affecting the sector’s supply. Over time, confidence in the ability of leasing contractors to deliver and operate facilities cost-effectively has increased,…
Wintershall is to begin evaluating development options for the Skarfjell discovery, after a second appraisal well on the field exceeded expectations. Options could includea tie back to the Gjøa platform, or another facility, or as a standalone development…
SeaBird Exploration Plc, in partnership with Acorn Geophysical Ltd, is due to start a 3D acuisition project in the Gulf of Guinea, west Africa. The program will cover about 1500sq km and will be acquired using the survey vessel Geo Pacific…
Subscribe
