Petroleos Mexicanos, Mexico's national oil company, released 2Q 2014 financial results last Friday. Total sales increased by $15.9 billion pesos (US$1.2 billion), which represented 4% growth year-over-year. The growth is primarily attributed to a 27…
BW Offshore has agreed a US$800 million, 10-year credit facility for the Catcher floating production, storage and offloading project. The facility is a combined construction and long term financing facility. The credit facility was substantially…
China National Petroleum (CNPC) and Cupapetroleo (CUPET) signed a framework agreement to increase crude output and production sharing and a cooperation agreement on drilling services in Havana, Cuba on 22 July. Under the agreements, CNPC…
The Inez H. Eymard lift boat. Photo from Nick Welz, Tetra Tech Inc. Dominion Virginia Power is using L/B Inez H. Eymard for geotechnical site work this summer. Throughout July…
Shore-side command centers are the hub for offshore communications and rescue coordination efforts. Images from McMurdo Group. McMurdo Group’s Remi Julien discusses how different…
Work on a Heinen & Hopman HVAC system. Photo from Heinen & Hopman. Energy efficiency is high on the agenda for both Arctic exploration and in general. Elaine Maslin found out more…
New specialist vessels have the potential to change the face of the decommissioning sector, but will they solve all the issues activity in this area continues to face? Alan Clifton takes a look. The Pieter Schelte…
DONG Energy released a video showing the installation of the Hejre jacket that occurred on 23 May 2014. DONG Energy has installed the jacket for the Hejre platform in the Danish sector of the North Sea, 292km north west of Esbjerg…
Sarah Parker Musarra examines decommissioning in the Gulf of Mexico, and how these facilities can become fixtures in the surrounding marine life. Reef site High Island 389, in Galveston’s Flower Garden Banks National Marine Sanctuary…
Underwater noise is recognized as an adverse environmental stress and must be addressed in environmental impact assessments (EIAs). Companies have stepped forward with 3D acoustic modeling and measurement systems as countries develop…
The J-Lay test rig applies a 20 te vertical load via the rollers whilst pulling the product through. Image from Trelleborg Offshore. Specifying the right vortex induced vibration…
Cooper Energy Ltd. announced that the Elliston-2 oil development located in PPL 249 on the western flank of Cooper basin in South Australia, spudded and of 22 July, the rig was drilling a 12 ¼ in. hole at 162m. Elliston-2, a vertical well located 250m south-southwest of Elliston-1…
Total E&P UK’s HPHT Elgin Franklin complex. Image from Total E&P UK. High-pressure, high-temperature developments are on the increase in the UK North Sea…
Statoil has resumed oil and gas production on the Njord A floating steel platform in the Norwegian Sea after a major reinforcement of the platform structure. Njord A, which produces the Njord and Hyme fields, had been shut down since…
Developments in the natural gas and liquefied natural gas (LNG) industries are putting new demands on LNG shipping, triggering new specialized LNG carriers. Lars Petter Blikom sets out why. Aside from tanks and machinery, they are all generally the same…
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