Shell made a 100millionbbl, deepwater oil discovery in the Gulf of Mexico, adding to the potential of its Appomattox find. The Vicksburg A discovery is nearby Appomattox, which contains about 500million bbl of potentially recoverable resources…
Rosneft began seismic acquisition over license blocks Lisyansky, Kashevarovsky, and Magadan-1 in the Sea of Okhotsk off eastern Russia. The company is gathering 2D seismic along with a gravity and magnetic survey, using the Academik Fersman seismic vessel…
Euroil, Shell farmin UK-based Ithaca Energy has agreed to farm-out deals with Euroil and Shell for several North Sea blocks. Euroil, a subsidiary of Edison International, will take a 25% interest in Ithaca’s west of Shetland licenses P1631 and P1832…
Royal Dutch Shell’s downstream director is to take over from Peter Voser as chief executive of the company, starting January 1, 2014. Ben van Beurden, 55, a Dutch national, graduated with a Master’s Degree in chemical engineering from Delft University of Technology…
Globetrotting. OE sought to uncover which new offshore regions are being targeted as potential new markets. Here’s what our think tank had to say: “Geographically, what offshore region will emerge next as a new market?” Chariot…
Tanzania has become hot property, with BG Group and Statoil eying LNG export from the gas-rich offshore region. Tanzania’s recent rise up the resource rankings has been fast, despite it having taken a long time to reveal its potential reserves…
Shell said today it has made a 100million barrel deepwater oil discovery in the Gulf of Mexico, adding to the potential of the future development of its Appomattox find. The Vicksburg A discovery is nearby Appomattox, which contains…
Malaysia Marine & Heavy Engineering (MMHE) shows how the Gumusut-Kakap semi-FPS, which was delivered to Sabah Shell Petroleum Company in July, came together from beginning to load out at its Pasir Gudang yard.
ABB appointed Ulrich Spiesshofer, the head of its Discrete Automation and Motion (DM) division, to succeed Joe Hogan as CEO, effective September 15. Marcio Rocha Mello, founder and CEO of Brazilian E&P firm HRT, has resigned his position…
Exxon, Rosneft establish ARC Rosneft and ExxonMobil signed agreements establishing a joint Arctic Research Center (ARC) in Russia and technology-sharing to support their joint ventures worldwide. ARC will provide research, development…
Peru launches offshore round Peru’s international bid round will offer offshore blocks Z-56 and Z-57 (Cuenca Salaverry-Trujillo); Z-53, Z-54, and Z-55 (Lima-Pisco Basins); and Z-58, Z-59, and Z-60 (Cuenca Mollendo). The blocks are within seven miles of the coast…
A high level of fabrication activity in and around the North Sea is attracting new players. Elaine Maslin reports. Platform fabrication for new installations in North Sea will reach fever pitch this year as a historically high number of facilities are completed for load out…
Colloquy: Editor’s Column The American Association of Petroleum Geologists (AAPG) has developed a new African exploration GIS database, as the Edward G. Purdy Memorial Project, honoring the late geologist (b. 4 December 1931, d. 13 October…
A group of 24 nations and the EU are meeting in Bremerhaven, Germany, July 11-16, to discuss revised proposals to create two marine protected areas (MPAs) in the ocean surrounding Antarctica. If approved, these may become the largest marine reserves on Earth…
A semisubmersible floating production system for Malaysia’s Gumusut-Kakap deepwater field was delivered to be installed at the project development site offshore Sabah. The Gumusut-Kakap field is Malaysia’s second deepwater development after the Kikeh oil field…