%22East Hub%22 News

Total unveils new supercomputer

Mar 21, 2013

Total inaugurates its new high-performance supercomputer on Friday, March 22, 2013. The computer, located at its Scientific and Technical Centre in Pau, now ranks the Group among the top ten international companies in terms of computing power…

Total launches Congo development

Mar 22, 2013

Total, operator of the Moho-Bilondo license, announced the final investment decision and EPC contract awards for the Moho Nord development, consisting of the Moho-Bilondo Phase 1bis and Moho Nord projects. First oil is expected in 2015, with output reaching 140…

Montrose topsides under construction

Mar 21, 2013

Heerema Fabrication Group’s Zwijndrecht yard in the Netherlands officially started the construction of the integrated production Montrose BLP (bridge linked platform) topsides for client Talisman Sinopec Energy UK Ltd., the company announced on 21 March 2013…

BG claims first deepwater DST offshore Tanzania

Mar 18, 2013

BG Group today announced it had completed its appraisal programme in the Jodari field of Block 1 offshore Tanzania, with a drill stem test on the original natural gas discovery well confirming the excellent quality of the Tertiary reservoirThe drill stem test on the Jodari-1 well…

Opito trains Iraqi, Malaysian workforces

Mar 11, 2013

Optio trains workforces Opito International has been awarded a contract with Shell to support the development of training for workers on the Majnoon project. The company will help improve vocational training centers in Basra, training Iraqis to industry expectations and Opito standards…

IOS InterMoor AS contracted for mooring spreads

Feb 28, 2013

A worker spools mooring system wirwe at Mongstadbase, NorwayIOS InterMoor AS, an Acteon company, has secured a contract from Eni Norge to provide two complete mooring spreads for developmental drilling in the Goliat oilfield in the Barents Sea…

North Energy signs up TGS

Mar 01, 2013

North Energy has today entered into a four-year collaboration agreement with (TGS) concerning the purchase of seismic data and services. This represents a natural progression from an earlier collaboration agreement with Rex Oil & Gas (Rex) on…

Borders & Southern extend Falkland search

Feb 27, 2013

PGS' Ramform Challenger gathers a Falkland surveyThe PGS vessel Ramform Challenger began gathering London-based Borders & Southern Petroleum’s (B&S) 3D seismic program off the Falkland Islands in the South Atlantic Ocean. Located about 140…

Ecopetrol announces 2012 proven reserves

Feb 18, 2013

On 15 Feb 2013, Colombia's Ecopetrol SA announced its proven reserves (1P, according to the international designation) of crude oil, condensate and natural gas, including its interest in affiliates and subsidiaries, as of December 31, 2012. Proven net reserves (1P) increased to 1…

Basins bounty sought

Feb 01, 2013

As oil and natural gas production continues to fluctuate at a level well below demand, John Mueller looks at New Zealand’s growing need to aggressively explore the nation’s vast and extensive offshore sedimentary basins.Taranaki Basin, located along the west coast of New Zealand’s North Island…

Gas to the fore

Feb 01, 2013

Although Papua New Guinea has a strong economy resulting from exploitation of its extensive petroleum deposits and abundance of other natural resources ranging from minerals to forest products, the nation is one of the least developed countries in the Asia Pacific region…

BP begins production at PSVM

Feb 01, 2013

Angola project to produce 150,000 b/d of oil PSVM Project (Image: BP)Production had begun from BP and Sonangol's PSVM development in Block 31, off Angola, the partners confirmed on 1 February 2013.Three wells at the Plutao field are…

Chevron expands Moroccan presence

Jan 22, 2013

Chevron grabs 75% stake in 3 deepwater areasClick to view larger mapChevron subsidiary, Chevron Morocco Exploration Ltd, has signed petroleum agreements with Morocco's Office National Des Hydrocarbures Et Des Mines for three offshore areas…

Natural gas lifts Australian reserves

Feb 01, 2013

As Australia grapples with chronic oil production decline in the face of rising imports, the buoyant gas sector offers the prospect of rising revenue from LNG export. John Mueller reports.Eyebrow Natural gas lifts Australian reserves As Australia…

UTEC names GMs for Scotland, Italy

Jan 23, 2013

UTEC enlists Stenson and Laing for managementAndrew StensonIndependent offshore survey firm UTEC has announced the appointments of new general managers Jamie Laing and Andrew Stenson in Aberdeen, Scotland and Naples, Italy respectively…

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