Rosneft acquired the remaining 49% of ITERA Oil and Gas Company LLC from Itera Holdings Ltd. for US $2.9 billion. As a result, Rosneft’s share in the company has increased to 100%. Rosneft said the consolidation of ITERA Oil and Gas Company…
UOP LLC, a Honeywell company, was contracted by PNBV, a subsidiary of Petrobras, to supply UOP Separex™ membrane systems to process natural gas aboard four FPSOs. The vessels will process natural gas extracted from Petrobras’ Lula pre-salt oil reserves…
Oil and natural gas production in May On May 18, 2013, Petrobras set a new pre-salt production record, with output of 322,100 bo/d. 11,000 bo/d up from the previous record of 311,500 bo/d set on April 17, 2013. In addition to encouraging figures for pre-salt production…
Chevron U.S.A. Inc. to construct an office building in downtown Houston to accommodate its business growth and expanding workforce in the world’s energy capital. The 50-story, 1.7 million-square-foot building will be located at 1600 Louisiana Street at Pease…
Strainstall, a James Fisher and Sons plc subsidiary, has been awarded a contract to provide Total with an integrated marine management system (IMMS) for the Moho Nord tension leg platform for installation off Congo, West Africa. Strainstall…
FMC Technologies, Inc. received an order from Petrobras for the supply of subsea trees for its pre-salt fields, located offshore Brazil. The value of the award is estimated at $500 million and represents the call-off of the remaining value of the $1…
Drillinginfo Inc. acquired Denver-based Transform Software & Services Inc. Details of the transaction were not disclosed, but the transaction will bring immediate growth synergies to Drillinginfo in terms of skills, experience and momentum to the combined companies…
Wood Group acquired Pyeroy Group Limited (Pyeroy), a provider of specialist coatings, access and fabric maintenance services to the oil & gas, marine and rail industries. Headquartered in Gateshead, UK, Pyeroy was founded in 1973 and employs approximately 1…
Aker Solutions won a contract from Daewoo Shipbuilding and Marine Engineering (DSME) to deliver a drilling equipment package for the production platform at the Mariner oilfield in the UK North Sea. The parties agreed not to disclose the value of the order…
This event aired on July 16, 2013 Click to AccessJoin marine meteorologists Eric Brozefsky and Francis Kredensor, of Wilkens Weather Technologies LP, a Rockwell Collins Company for a live presentation and Q&A session. Brozefsky and…
BG Group has made a gas discovery in the Ngisi-1 well in Block 4 offshore Tanzania. The Ngisi-1 well, drilled by the Deepsea Metro 1 drillship, was also used to appraise the Chewa gas field, resulting in an upgrade in estimated recoverable resources in the block…
Shell said today it has made a 100million barrel deepwater oil discovery in the Gulf of Mexico, adding to the potential of the future development of its Appomattox find. The Vicksburg A discovery is nearby Appomattox, which contains…
NASA directors and staff gathered at Johnson Space Center in Houston to sign a new alliance with risk management firm Deloitte on June 27. The new partnership aims to utilize NASA’s proven practical applications such as risk analysis programs…
One person is missing and another six were injured following the sinking of Saipem's Perro Negro 6 jackup rig off the coast of Angola. The incident began Monday night (July 1) following the collapse of seabed underneath one of the Perro Negro 6's three legs…
Russia's Rosneft and Venezuela's PDVSA struck a deal concerning the implementation of projects offshore Venezuela. The agreement calls for the two companies to conduct joint studies evaluating technical and economic viability of offshore gas and condensate production in Venezuela…
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