Next month’s SPE Offshore Europe exhibition and conference will be the largest in the event’s history with more exhibiting companies and countries represented than ever before. The sold-out exhibition halls, covering a record 27,082…
ThoughtStream: Opinion Mexico is among the ten largest oil producers in the world. This country has made important structural changes to improve economic performance and strengthen its resilience to external shocks. It is a strong partner to the United States and to Canada…
The next few years could see major investments in Colombian waters and last year’s bid round has independents, NOCs, and majors heading to the country’s Caribbean shores. Colombia is South America’s fourth largest oil producer with 2 billion barrels of proved oil reserves…
Shell’s largest tension leg platform began its trek from the Kiewett Offshore Services yard in Ingleside, Texas to Shell’s Mars field in the Gulf of Mexico over the weekend of July 13, 2013. The Olympus, a 120,000-ton, 406 ft-high platform is being transported by tugboats…
The offshore oil and gas industry has changed tremendously over the last several years. Moving into deeper waters has created challenges in operations that would be considered commonplace in shallow water projects. Deeper water has not only made tasks more complicated…
Alaska’s Lt. Governor Mead Treadwell stated the case for Alaska’s key needs at the Ice-diminished Arctic Conference in Washington, D.C. earlier this month. Treadwell reminded the attendees that the Arctic has held strategic importance for…
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…
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