In this video, Teekay captured a time-lapse video of the Teesta Spirit vessel transiting through the Panama Canal. The Teesta Spirit began at the Balboa Anchorage, transiting through three sets of locks until reaching its final destination in the Atlantic Ocean…
Offshore energy production in the Gulf of Mexico has experienced relatively minor disruptions because of tropical storms and hurricanes in recent years, and the National Oceanic and Atmospheric Administration (NOAA) has predicted a below…
UK authorities have given the green light to one of the largest new field discoveries in the UK North Sea – Maersk Oil’s £3 billion (US$ 4.5 billion) Culzean development. The project has been welcomed as a “clear signal the North Sea…
A team of subsurface and facilities engineers have been working together to create a viable, small footprint solution for a string of sour fields in the UK’s Outer Moray Firth. Mike Cooper explains. Cooper…
Norwegian oil firm Statoil has marked a milestone on its giant Johan Sverdrup development offshore Norway - the installation of the project's 280-tonne pre-drilling template. Heerema Marine Contractors’ crane vessel Thialf completed the installation of the 32m-long…
TGS has been given the green light by Mexico's Comisión Nacional de Hidrocarburos (CNH) to start acquiring multibeam, coring and geochemical analysis data over about 600,000sq km in Mexican waters. This project will cover the entire deepwater area of the offshore sector of Mexico…
Brazil’s National Petroleum, Natural Gas, and Biofuels agency (ANP) has announced the first 12 companies pre-approved for the country’s upcoming 13th bid round to be held on 7 October. The pre-approvals went to familiar companies such as supermajor Shell and France’s GDF Suez…
MultiClient Geophysical (MCG) has entered into an agreement with Polaris E&E Services to acquire their Post Stack Reprocessed Atlantic Margin seismic 2D data. MCG will pay Polaris for this transaction through revenue share of futures sales…
Statoil’s Johan Sverdrup has received the official green light for phase one of its plan for development and operation (PDO) by the Norwegian Ministry of Petroleum and Energy. Johan Sverdrup field center…
Atlantic Petroleum has announced that its subsidiary, Atlantic Petroleum UK Ltd., has completed the sale and purchase agreement with Third Energy Offshore for the sale of Atlantic Petroleum’s interests in P1724 (UK Block 43/13b which contains the Pegasus West Gas Discovery)…
Falklands and Mediterranean-focused explorer Rockhopper Exploration has taken a step forward in its plans to develop an offshore Italy oil field. The firm's Ombrina Mare field environmental impact assessment has been approved by Italy's…
The US Bureau of Ocean Energy Management (BOEM) announced that its Western Gulf of Mexico (GoM) lease sale 246 held today (19 August) attracted US$22.7 million in bids. The BOEM and industry advocates say the sale reflects current market conditions…
Statoil’s largest steel jacket in its history is on its two-week, 1835 nm journey to the North Sea after setting sail from the Spanish Dragados yard on 10 August. Mariner steel jacket sails away…
BP has started a US$1 billion in its Eastern Trough Area Project (ETAP) in the North Sea as part of a platform renewal life extension project. The investment will see the facilities (pictured), which produce oil and gas from nine different reservoirs…
ION Geophysical Corp. announced the availability of fast-track pre-stack time migrated (PSTM) data from the first phase of its MexicoSPAN program. Currently being acquired, phase one encompasses more than 22,000km of deep-imaged two-dimensional (2D) seismic data…
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