Aberdeenshire-based Oilfield Machinery (OilMac) has started operations at the Port of Dundee, via a new facility on Prince Charles Wharf, which is currently being developed by Forth Ports at a cost of £10 million. OilMac, known for buying…
With US lawmakers prepared to hit Russia with more sanctions*, the domestic oil and gas industry is bracing for what potential impacts may come. Karen Boman lays out concerns voiced at a July Atlantic Council Event. [*Update] The US Senate…
Karoon Gas Australia is moving into front-end engineering and design on its Echidna light oil discovery in the Santos Basin offshore Brazil. The Echidna development concept consists of a leased floating production, storage, and offloading facility…
Anadarko Petroleum failed at two wildcats offshore Cote D’Ivore in West Africa. Walker. Image from Anadarko. The first exploration well, Paon-6A, was drilled at Block CI-103 in Q2…
ExxonMobil has discovered additional oil at a Payara appraisal well offshore Guyana, upping the ultra deepwater discovery's resources to about 500 MMboe. Map of Stabroek, from Exxon. The…
Shell is buying the deepest floating production unit in the world, the Turritella floating production storage and offloading (FPSO) unit in a US$1 billion cash deal that will allow the supermajor to assume operatorship of the entire Stones development in the deepwater Gulf of Mexico…
Cantium has taken over US supermajor Chevron’s Bay Marchand and Main Pass assets in the Gulf of Mexico. The takeover includes five fields located on the Gulf of Mexico’s Outer Continental Shelf (OCS) and in Louisiana state waters…
Royal Dutch Shell encountered hydrocarbons in the initial Whale exploration well in the deepwater Gulf of Mexico. Noble Globetrotter I. Image from Huisman. The well was safety…
Statoil and partner Husky Energy have failed to discover hydrocarbons in the Flemish Pass Basin, offshore Newfoundland, the Norwegian giant announced today (10 July). The West Aquarius. Image from Seadrill…
Brazil's Petrobras is offering its 70% interest in the Maromba heavy oil field in the Campos Basin, offshore Brazil. Chevron also has a 30% and is also looking to divest the Campo de Maromba (BC-20A concession). 'The potential transaction…
Zennor Petroleum has completed the acquisition of interests in Petroleum Production License P359, in the UK North Sea, from Esso Exploration and Production UK. These interests comprise a 40.0002% working interest in Block 23/16b Area A (Arran North) and a 66…
Audrey Leon discusses the next game-changing intervention technologies with OE’s Deepwater Intervention Forum advisory board members ahead of this year’s show. Onboard the Well Enhancer looking…
First oil from the US$2.5 billion Kraken floating heavy oil development in the UK North Sea has been announced. The Kraken development, about 125km east of the Shetland Islands, off Scotland, is due to comprise a total 25 wells (14…
ExxonMobil has awarded SBM Offshore a contract to construct, install, lease and operate a floating production, storage and offloading vessel (FPSO) for its giant Liza project offshore Guyana. The FPSO is designed to produce up to 120…
Engineering and services firm Claxton Engineering has been awarded a contract to riglessly casing cut and recover a total of seven wells in the southern North Sea across two normally unmanned, platforms, along with an additional subsea suspended well at one of the locations…
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