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The journey from Tupi to Lula

May 01, 2017

Jerry Lee profiles the development of Brazil’s giant Lula field, offshore Rio de Janeiro. The FPSO Cidade de São Vicente was brought in to perform extended well tests on a Lula NE well in 2011…

Amid stagnation, MMO looks promising

May 01, 2017

The oilfield service (OFS) industry can, at times, be intimidating in its complexity and depth. Furthermore, mega-mergers (e.g. GE – Baker, Technip – FMC, Wood Group – Amec Foster Wheeler) have created a supply chain that no-longer has homogenous…

The pressure is on

May 01, 2017

Quietly, but surely, high-pressure, high-temperature expertise is being developed on the UK Continental Shelf. Elaine Maslin sets out the detail. Action on Alder. Photos from Airborne. The North Sea’s latest high-pressure…

Wintershall online at Ravn

Apr 19, 2017

Wintershall has started production from its first-ever operated Danish oil field, the Ravn field in the North Sea. The Ravn platfrom. Image from Wintershall. Ravn is in Block 5/06 in the Danish North Sea…

Aker completes Reinertsen acquisition

Apr 07, 2017

Aker Solutions has completed the acquisition of oil-services provider Reinertsen, building on its position as a leading maintenance and modifications supplier offshore Norway. The agreement to buy Reinertsen's Norwegian oil and gas services business…

BW completes Dussafu deal

Apr 10, 2017

BW Offshore has completed a deal with Harvest Natural Resources for its stake in the Dussafu production sharing contract (PSC) offshore Gabon. BW Energy Gabon (BWEG) now holds a 66.67% working interest in the Dussafu PSC, while Panoro Energy holds the remaining 33…

GoM operators set sights on tiebacks

Apr 01, 2017

Even though the downturn has changed many operator’s initial plans, subsea tiebacks have emerged as the economical way to develop many Gulf of Mexico fields. Karen Boman reports. The North Ocean 105 lay vessel…

Servelec Controls to install Apache safety system

Apr 05, 2017

Apache Corp. awarded Servelec Controls a contract to modify the fire and gas safety systems on the Beryl Alpha platform in the North Sea to enable the safe expansion of its current processing capability. Beryl Alpha…

SNC-Lavalin weighs Atkins acquisition

Apr 03, 2017

Montreal-based engineering and construction firm SNC-Lavalin has expressed interest in acquiring UK-based engineering firm Atkins Global for cash consideration of £2.08 billion (US$2.6 billion). Neil Bruce…

Petrobras axes Karoon deal

Mar 30, 2017

Petróleo Brasileiro (Petrobras) has canceled its deal with Karoon Gas Australia for a stake sale in the Baúna and Tartaruga Verde oil fields offshore Brazil, however the Brazilian giant will continue its efforts to sell off its interest in the two fields…

Testing high-tech solutions for asset integrity

Apr 01, 2017

The impact of asset integrity is hard to quantify, but UK North Sea goals to tackle it, including using robots, are being made clear. Elaine Maslin reports. The P100 robot “snake arm” robot is due to be trialed in the North Sea this year…

Inpex sells Indonesian subsidiary

Mar 28, 2017

PT Medco Energi Internasional has gained a 35% participating interest in the South Natuna Sea Block B in Indonesia, following a deal to buy Inpex's Indonesian subsidiary Inpex Natuna Ltd. The agreement is between Japan's Inpex and PT Medco…

RockRose makes more acquisitions

Mar 22, 2017

RockRose Energy has agreed a deal to acquire Egerton Energy Venture's share capital, in a move which will see it take over the firm's non-operated interests in the Galahad (27.8%) and Mordred (8.33%) gas fields in the southern North Sea. RockRose…

Borr buys all Transocean jackups

Mar 20, 2017

A Norwegian newcomer with ties to Seadrill, Borr Drilling, is set to acquire Transocean’s entire jackup fleet, including newbuilds, in a US$1.35 billion deal. The Constellation II jackup. Image from Transocean…

Sir Ian promotes OE & Me, ahead of SPE Offshore Europe 2017

Mar 10, 2017

Industry doyen Sir Ian Wood has kicked-off a new campaign ahead of SPE Offshore Europe 2017 to encourage previous and future visitors, exhibitors and speakers to share their experiences of the event and what they are looking forward to seeing at September’s conference and exhibition…

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