Neftegaz America Shelf LP (Neftegaz), an indirect independent subsidiary of Rosneft, acquires 30 percent interest in 20 deepwater exploration blocks in the Gulf of Mexico held by ExxonMobil, under an agreement signed by the two companies. Rosneft President Igor I…
Olso-based Aker Solutions and Houston-based FMC Technologies Inc. have both announced today major subsea contract deals with Petrobras in connection with the Brazilian NOC's pre-salt fields.(Image: Aker Solutions)Aker Solutions signed a new…
Wintershall, the largest internationally active German crude oil and natural gas producer, announces the successful drilling of the own-operated Hibonite exploration well (5504/1-3).The Hibonite structure is located in the 5/06 license in the Danish sector of the North Sea…
FMC Technologies, Inc. announced it has won multiple subsea contracts this week. Subsea tree (Image: FMC Technologies)The Houston-based equipment supplier said on March 21 that it won a $30 million subsea equipment order from LLOG Exploration Co…
Wärtsilä will set up a new fully-owned manufacturing facility in Brazil to meet the increasing market demand, particularly in the offshore market. Wärtsilä’s investment in the new facilities is approximately EUR 20 million.Wärtsilä Auxpac…
Anadarko Petroleum Corp. encountered approximately 1,000 net feet of oil pay at its Shenandoah-2 well in deepwater Gulf of Mexico, the company announced on March 19, 2013.Ensco 8500 semisubmersible series (Image: Ensco) Anadarko discovered the…
Aberdeen-based Dana Petroleum is partnering with RWE to start drilling operations on a prospect in the Southern North Sea. The companies are targeting the Severn prospect in blocks 43/17a, 43/18a which comprises Carboniferous sandstones…
This event aired on February 26, 2013 Click to AccessJoin Aaron Sinnott for a Live Presentation and Q&A session on the importance of handling tubular in an efficient and effective way to minimize their impact on offshore personnel and equipment…
Technip announces the acquisition of Ingenium AS, a highly-experienced offshore engineering and services contractor located in Oslo, Norway. Ingenium AS designs and develops mechanical and electro-hydraulic tools and equipment, for the offshore oil and gas industry…
Mozambique puts licensing terms under review Mozambique is in the process of updating its licensing regulations ahead of its 4th Licensing Round. Arsenio Mabote, Chairman, Instituto Nacional de Petroleo (INP, the national oil company of Mozambique)…
Keppel wins new business Keppel Offshore & Marine Ltd's (Keppel O&M) subsidiaries - Keppel FELS Brasil S.A. (Keppel FELS Brasil) and Keppel Shipyard Ltd (Keppel Shipyard) - have secured two contracts worth S$200 million (US$161.54 million) from repeat customers…
News from the North Sea from Bridge Energy, Faroe Petroleum, Lundin Petroleum and E.ON.Transocean Arctic will drill the Amol prospect (Image: Petroleum Safety Authority of Norway)Bridge EnergyJunior North Sea explorer Bridge Energy has said…
Chevron Corp. conducted a successful production test on the St. Malo PS003 well in the Lower Tertiary trend in the deepwater Gulf of Mexico. Oil flow rates, though limited by testing equipment constraints, exceeded 13,000 b/d. Click to view largerThe test…
Centrica Energy has started production on its southern North Sea York gas field.The York Platform (Image: Centrica)The field, 100% owned by Centrica Energy Upstream, is being produced by a normally unmanned installation and is expected to produce about 120mmscf/d of gas at its peak…
McDermott International Inc. announced that Tony Duncan will join the company as Vice President and General Manager, Subsea on 1 April 2013.Tony Duncan (Image: McDermott)“In this role, Tony is responsible for driving and growing our global Subsea business…