Petrobras said tests confirmed the size of the oil discovery at Libra's first appraisal well, 3-BRSA-1255-RJS (3-RJS-731), informally known as NW-1. Tests at the well, located 185km off Rio de Janeiro, proved an 290m oil column and carbonate reservors of high porosity and permeability…
Development drilling has started on the INPEX-operated Ichthys gas-condensate field, part of the Ichthys LNG Project about 200km offshore Western Australian. The first of about 20 horizontal production wells to be drilled was spudded 3 February…
Jumbo signed a contract with Technip Oceania for the installation of 13 subsea structures for the Chevron Wheatstone Project. The subsea structures comprise of pipeline termination structures, subsea isolation valve structures, tee protection structures and drill center manifolds…
Wintershall Norge awarded DNV GL a US$3.95 million contract to be the sole supplier for the combined role of independent verification body (IVB) and third party design verification scope for the subsea, umbilicals, risers and flowlines (SURF) part of the Maria field development project…
Germany’s Wintershall picked up eight new exploration licenses from the Norwegian Ministry of Petroleum and Energy in the current licensing round APA 2014. Image from Wintershall. Wintershall…
Australia’s Woodside Petroleum will purchase Houston-based Apache’s interest in two LNG projects, Wheatstone and Kitimat LNG (pictured, right) for approximately US$2.75 billion. Apache announced in late July that it would exit the two…
Faroe Exploration is planning four exploration wells offshore Norway in 2015 - Shango, Pil, Blister and Kvalross. Shango, operated by Total (Faroe 20%), is in the Norwegian North Sea on the northern part of the prolific Utsira High. The…
Noreco has reduced its ownership in license 9/95 on the Danish continental shelf from 20.1% to 16% by transferring the balance to Nordsøfonden, the Danish State’s oil and gas company. Drilling of the exploration well 9/95 Xana started…
The world's oil and gas exploration companies are expected to cut capital expenditures 17% this year as a deep slump in crude oil prices takes a toll on budgets, according to a survey by Cowen and Company, released Wednesday. The survey…
Exploration drilling has started on the Tvillingen South prospect in production license 510 in the Norwegian Sea. The prospect is located on the Haltenbanken in the Norwegian Sea, approximately 28 km southeast of the Kristin field. The well…
The weather conditions west of Shetland are some of the harshest in the world, even without the help of hurricanes, typhoons and squalls. Elaine Maslin reports on how some companies are attempting to better understand the region. The…
Wärtsilä donated its Wärtsilä 20 engine to the Nelson Mandela Metropolitan University (NMMU) in an initiative to support and stimulate the maritime economy in South Africa. The donation handover. People in the picture from left to right…
Hess Corp. awarded Proserve a contract worth in excess of US$20 million for the provision of a 12-well subsea control system along with associated topside and subsea interface equipment for the deepwater Stampede development, in the Gulf of Mexico (GoM)…
With help from experts Infield and Gaffney Cline & Associates, OE compiled a list of the biggest oil and gas discoveries in the last 12 months, and of the last 10 years. The year’s top oil discovery: Gila (Gulf of Mexico) In December 2013…
O3b Networks launched the O3bEnergy 20 service for offshore communications in the Gulf of Mexico. O3bEnergy 20 provides energy clients with an aggregate of 20Mbps throughput to a single site at less than 150 msec roundtrip latency delivered over the O3bEnergy 1…
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