Rio de Janeiro-based AMEC Kromav, specialist company for shipbuilding and offshore activities, is urging the Russian industry to take full advantage of Brazil’s multi-billion dollar offshore industry opportunities. In a comprehensive presentation at NEVA in St Petersburg…
During the opening session of the annual SEG convention in Houston, Barry Smitherman, chairman of the Texas Railroad Commission (RRC) reviewed the improvement in Texas’ production. This had been created by the application of new oil industry technology: better imaging…
Sinking of SS Arctic - 27 September 1854 The SS Arctic was the pride of the American merchant marine when launched in 1852. It was a 3,000 ton wooden-hull paddle-wheel steamer capable of carrying 280 passengers. It also carried a modest amount of cargo…
Serica Energy has said a drilling campaign will start offshore Morocco in October. Drilling will be carried out on the Foum Draa and Sidi Moussa blocks in October, and H1 2014 respectively. The well on the Foum Draa block (operated by Cairn Energy…
Oslo-based offshore shipbroking and consultancy company Nor-Ocean Offshore has opened a new office in Houston. The new office offers brokerage and advisory services globally in relation to newbuilding, sale and purchase, chartering projects for offshore drilling rigs (jack-up…
Wood Group has won new contracts in India worth more than US$10 million. Wood Group GTS has secured two contracts to supply its EcoValue gas turbine compressor water-wash systems. The first order is to supply the EcoValue technology,…
Diamond Offshore Drilling Inc.'s Ocean Saratoga semisubmersible drilling rig spudded a well on Noble Energy's Tyra Bank concession off Nicaragua in mid August. The rig is under contract to Noble Energy for US$323,000/d and is expected to finish in late November…
Scottish Ministers have approved plans for the first first tidal energy project in Scotland's Pentland Firth. MeyGen's project will be the largest tidal array in Europe when it is built. It will be installed in stages, beginning with a 9MW demonstration project of up to six turbines…
Craig Group announced the investment of £70million to build six new vessels at the Balenciaga Shipyard in northern Spain. Four D-class IMT 950 Emergency Response and Rescue Vessels (ERRV) and two F-class IMT 958 ERRVs will be delivered during 2014 and early 2016…
UK Trade & Investment offered a session on petroleum investment opportunities in Mexico on Wednesday, presented by Enrique Cornejo, head of energy & environment for UKTI in Mexico City. Mexico’s national oil company, Petroleos Mexicanos (PEMEX)…
Suction piles have anchored offshore oil and gas production for years, but a new type - called a bucket foundation - is being promoted for offshore wind turbines in an effort to reduce costs. In February, Forewind, a consortium planning a huge turbine farm in the North Sea…
UK Trade & Investment presented a varied session on petroleum investment opportunities in East and West Africa today, focusing on Kenya, Tanzania, Uganda, Mozambique, and Ghana. Mrs. Wanjiku Manyara, general manager of the Petroleum Institute of East Africa…
The Myanmar-China natural gas pipeline is now delivering hydrocarbons produced from the Bay of Bengal, offshore Myanmar, to China. The soon-to-be complete, parallel oil pipeline will transport Middle East and African oil. The pipeline projects have five investors from four countries: China…
Twenty years after it came online, the UK’s longest serving permanently-moored FPSO has been given a new lease on life. Elaine Maslin reports on the extent the UK’s largest offshore project in 2012. When production from the central North Sea Gryphon field came online in October 1993…
In June 2013, Malaysia's Yinson Holdings Berhad made a conditional offer to acquire Norway's Fred. Olsen Production ASA ('FOP') for NOK995.74 million (US$172.1 million), or NOK 9.40/share that was approved by the FOP board. On 4 July 2013…
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