Russian state-owned company Gazprom along with a consortium of Japanese firms have signed a memorandum of understanding (MOU) concerning the development of Gazprom's Vladivostok LNG project. Present for the signing on June 22 were Gazprom Chairman Alexey Miller and Masanori Toyoshima…
Petrobras discovered goodquality oil (26° API) in the Entorno de Iara area in the Santos Basin pre-salt region. Well 1-BRSA-1146-RJS (1-RJS-711), known as Entorno de Iara 1, is in 2266m of water, 235km off Rio de Janeiro state. The well produced oil from carbonates at 5045m, just below the salt.
A project to create the world's first subsea gas compression facility is a step closer after the main subsea frame for the project set sail from a Norwegian yard. Aker Solutions loaded out the 1800-tonne gas compression station steel frame from its yard at Egersund…
The world’s first subsea compression station is coming together in Norway— Elaine Maslin looks at the work ahead. Norway’s subsea laboratory is getting close to producing major results for Statoil and Aker Solutions. The two firms…
COLLOQUY: Editor's Column Beginning this month, we recognize the 25th anniversary of the Piper Alpha disaster. The Piper Alpha production platform was operated by Occidental Petroleum (Caledonia) Ltd. in the UK sector of the North Sea…
Exxon Mobil has taken an addition 6% stake in an exploration licence offshore the Faroe Islands. The deal, with Faroese explorer Atlantic Petroleum, will see Exxon's stake in Licence L016 increase to 26%. The move was followed by…
KrisEnergy has spudded the Tayum-1 exploration well in the Kutai PSC, offshore East Kalimantan, Indonesia, its partner Salamander Energy (23.4%) announced on 3 June 2013. The Tayum well is being drilled using the Randolph Yost jackup…
Ten bodies have been recovered during a rescue operation off the coast of Nigeria after a tugboat contracted by Chevron sank on May 26, 2013. According to Chevron, the Jascon-4 capsized and sank while supporting a tanker loading at SBM 3…
The Government of the United Republic of Tanzania through Tanzania Petroleum Development Corporation (TPDC) announced the 4th Tanzania Deep Offshore and North Lake Tanganyika Licensing Round. The 4th Tanzania Offshore Licensing Round…
The Norwegian Petroleum Directorate awarded Statoil AS a drilling permit for well 6608/11-8, production license 128 in the Norwegian Sea, the agency announced on May 22, 2013. The well will be drilled from the Songa Trym drilling facility at position 66° 07' 39…
MacGregor offshore winches have been specified for 22 new anchor handling tug supply vessels (AHTSVs) under construction at three Chinese shipyards for several international owners MacGregor, part of Cargotec, has secured new offshore winch contracts from three Chinese shipyards…
Det Norske Oljeselskap (Detnor) ASA, has initiated production from the Jette field in the North Sea. Production from one of the two wells on the field started May 9, 2013. Based on a recovery rate of 30%, the field contains between 6 and 7 million bo/e…
North Sea focussed exploration firm Nordic Energy has taken on two industry directors as it gears up to explore offshore Denmark. The new non-executive directors are Ian Donald and Kenneth Paul Seymour. Donald has 30 years’ experience…
Cargotec's MacGregor has received a EUR 22 million (US $28,369,261) order to deliver a 900-tonne active heave-compensated (AHC) MacGregor subsea crane to the South Korean shipyard, Hyundai Heavy Industries Co Ltd. The crane will be installed…
E&P companies are ramping up exploration of deepwater and ultra-deepwater reservoirs, encouraged by attractive oil prices. New developments spread across offshore Africa, Asia Pacific, Europe, Middle East and North and South America. Jeannie…