Eni has entered into a production sharing contract (PSC) with state-owned PetroVietnam for the exploration of Block 122, off eastern Vietnam. The Italian firm’s CEO, Claudio Descalzi, met with PetroVietnam President and CEO, Do Van Hau, in…
The 2014-2018 Petrobras Business Plan foresees the allocation of US$10 billion in the oil and gas sector, including projects related to pipelines for gas transportation from the presalt area, such as Rota 3. Last week, Tenaris was awarded the supply in this important project and will provide…
The BP MS 150 is a two-day fundraising cycling ride organized by the National Multiple Sclerosis Society: Lone Star Chapter. This ride is the largest event of its kind in North America, and the top fund- raiser for the society, but it’s one of more than 100 Bike MS rides staged around the US…
Industry excellence in health and safety was recognized at the UK Oil and Gas Industry Safety Awards in Aberdeen at the end of April. The event recognizes and honors the companies and people who embody the spirit of safety and innovation across the sector…
Premier Oil's central North Sea Catcher field development plan has been approved by the UK Department of Energy and Climate Change. The Catcher area is expected to produce 96MM boe, with a peak production rate of around 50,000 bo/d. The…
Baker Hughes issued the May 2014 international rotary drilling rig count today, showing a total of 1024 rigs operating outside the US & Canada. International activity in May was up 4 rigs from the 1020 rigs drilling in April and up 68…
Dong Energy has installed the jacket for the Hejre platform in the Danish sector of the North Sea, 292km north west of Esbjerg, using Heerema Marine Contractor's Hermod heavy lift vessel (pictured). The 8400-tonne jacket arrived at its location…
The Scottish referendum is impacting the plans and investment proposals of 45% of oil and gas firms surveyed for a new report, it has been announced. The number is up from 38%, according to the same survey last spring. The findings…
The topsides for the Golden Eagle area development (GEAD) are nearing final assembly in the UK North Sea, 43mi. (70km) northeast of Aberdeen. The project is operated by Nexen Petroleum, a wholly-owned subsidiary of CNOOC Ltd. GEAD involves three fields: Golden Eagle…
MV Connor Bordelon is the host vessel for Baker Hughes new StimFORCE stimulation system in the Gulf of Mexico. Nina Rach went to Houma, Louisiana, to see the modular installation. Baker Hughes recently constructed a new stimulation vessel dedicated to the Gulf of Mexico market…
On May 22, Pemex announced that the substructure of the Ayatsil B platform was floated out from McDermott International’s Altamira yard in Mexico's Tamaulipas state. Two years ago, McDermott announced that it received the contract for the new Ayatsil B drilling platform (May 2012)…
By installing eWON VPN routers and using the Talk2M Internet-based remote access system from MAC Systems, Aquatic Engineering & Construction Ltd, an Acteon company, is now able to securely monitor and quickly resolve issues on its heavy-duty tensioner equipment…
Cairn Energy updated plans for drilling the Gargaa well off Morocco during its Annual General Meeting on 16 May. Cairn has established a position in both the Jurassic carbonate shelf and the emerging deep-water Mesozoic clastic exploration plays…
The US Energy Information Administration’s new “Today in Energy” brief looks at how Mexico’s crude oil exports to the United States have declined, while US exports of petroleum products to Mexico have increased. The US imported 850,000 bbl/d of crude oil from Mexico in 2013…
Operator Maersk Oil is to use a new standalone installation to develop the ultra-high-pressure, high-temperature (uHP/HT) Culzean gas field in the central North Sea about 145 miles east of Aberdeen. The field, one of the largest gas discoveries of recent years in the UK North Sea…
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