Well 9-SPS-77 is now online with a production rate of 33,000bpd, Petrobras announced. Another production well is set to start by the end of 1Q 2014. Located in the Sapinhoá oil field, Block BM-S-9 of the Santos Basin presalt area, the well is in around 2118m of water…
Australia’s AWE reported that the Pateke-4H development well was at a measured depth of 1507m. A 13 3/8-in casing was ran to the planned depth of 1504m. Preparations are being made to cement the casing and prepare for the installation of the subsea wellhead…
Energy production technology services company Proserv has bought KRG Industries Ltd from majority shareholder Torishima Pump Mfg. Co. Ltd, (Torishima) in Japan. KRG provides precision engineering services to the oil and gas and aerospace and defense industries…
Houston-based Noble Energy has contracted Norway-headquartered Aker Solutions to provide umbilicals and subsea equipment for use in the Gulf of Mexico and offshore Israel. In the deepwater Gulf of Mexico, Noble Energy sanctioned two subsea…
Bergen Group Hanøytangen is in takeover talks with the owners of Norwegian decommissioning firm Scanmet AS. Bergen Group says Scanmet AS is among the oldest and most experienced companies in Norway that carry out decommissioning of oil installations in the North Sea…
Operator Statoil is to use Technip for intervention services on its Åsgard subsea compression project in the Norwegian Sea. The Åsgard field lies on the Halten Bank in the Norwegian Sea, about 200km off Norway. TheÅsgard subsea compression…
Results of the first well drilled in the Atlanta post-salt oil field off Brazil were better than operator Queiroz Galvão Exploração e Produção (QGEP) and its partners anticipated, according to an announcement the Brazilian company made Wednesday…
Shell has agreed to sell a 23% stake in the Parque das Conchas (BC-10) project, offshore Brazil, to Qatar Petroleum International, for about US$1 billion. Shell will continue to operate BC-10, with a 50% working interest, and retains a significant upstream presence in Brazil…
Statoil recently halted production on the Statfjord C platform off Norway after a “limited” oil leak in to the Norwegian Sea. No injuries were reported by the firm, but its 270 crewmembers were boarded lifeboats until the leak was identified and stopped…
UK-based maritime services company James Fisher and Sons has acquired Subsea Vision for £2.5 million. Subsea Vision owns and operates remotely operated vehicles (ROV) providing underwater surveys, inspections, and construction support to the oil and gas industry…
Chinese oil firm CNOOC says it is planning to invest RMB 105 billion (US$17.35 billion) to 120 billion ($19.82 billion) on projects during 2014. Nexen Inc, bought by CNOOC in early 2013, will account for about 19% of the spending. Overall…
Fundy Tidal Inc.'s turbine project in the Bay of Fundy, off Nova Scotia. www.fundytidal.com
PTTEP and Pertamina agreed to form a 50:50 joint venture to buy Hess’ assets offshore Indonesia for US$1.3 billion. The companies will gain 75% stake in Pangkah field and 23% in the Natuna Sea A field. The Pangkah transaction will be finalized in Q1 2014…
EV launched its Optis HD Electric line camera, which provides vital diagnosis to the well intervention market. It has the capacity to stream color video at a maximum of 25 frames per second. The new camera features improve speeds and picture…
Schlumberger released the Vx Spectra surface multiphase flowmeter, which enables operators to obtain flow rate measurements in production testing and permanent monitoring. The Vx Spectra 19mm monitors low-rate producing wells down to 30 b/d…
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