Offshore Production News - page 336

 

Kashagan production remains frozen

Jun 13, 2014

North Caspian Operating Co. BV (NCOC), the seven-company consortium behind Kashagan development, confirmed 12 June that production is not expected to resume in 2014. It appears that “both oil and gas lines might have to be fully replaced…

SBM axes tenders with Petrobras

Jun 12, 2014

Dutch floating platform leaser SBM Offshore NV will not participate in the upcoming Petrobras Tartaruga Verde and Libra tenders, the company announced 12 June, adding that the decision resulted from conversations held between the two giants on 28 May…

EIA predicts lower risk from hurricanes

Jun 11, 2014

The US Energy Information Administration (EIA) announced on 10 June that they predict US oil and natural-gas production in the Gulf of Mexico is at low risk of hurricane-related production outages for the 2014 hurricane season. The EIA…

FTSI signs JV with Sinopec for hydraulic fracturing

Jun 10, 2014

FTS International, based in Ft. Worth, Texas, announced today that it has signed a 15-year joint venture agreement with Sinopec Group to bring its well stimulation capabilities and expertise to China. Hydraulic fracturing is recognized as one of the keys to unlocking production in shales…

Kashagan woes lead to shake-up

Jun 09, 2014

The North Caspian Operating Co. BV (NCOC) appointed ExxonMobil secondee Stephane de Mahieu as managing director effective 1 May. De Mahieu succeeds Pierre Offant, who was appointed managing director of NCOC in 2008, after the Republic…

SBM Offshore discusses new fluid swivel

Jun 09, 2014

EnergyMakers' Russ Capper interviews SBM Offshore's Group Technology Director Michael Wyllie about the company's very high pressure (VHP) fluid swivel technology. The swivel earned SBM Offshore a Spotlight award at the 2014 Offshore Technology Conference in Houston…

RWE Dea marks 30 years in Gulf of Suez

Jun 06, 2014

RWE Dea has achieved 30 years oil production in the Gulf of Suez. The company has produced over 640 million bbl of crude during these three decades. Ongoing investments in modern technology and infrastructure have maintained high production levels…

Merrick partners with Energistics on production reporting standards

Jun 06, 2014

Houston-headquartered Merrick Systems is spearheading an effort to develop a standard for oil and gas production reporting between partners with Energistics, a nonprofit organization created to serve as a neutral body to facilitate and manage technical open data exchange…

Ithaca grants Athena FPSO extension

Jun 06, 2014

Ithaca Energy opted to extend its contract with BW Offshore's BW Athena FPSO, the Olso, Norway-based vessel owner announced on 6 June 2014. The original contract, signed in 2010, covered a service period from 2012-2015. Ithaca Energy…

Brattec: Petrobras executives talk about Libra

Jun 06, 2014

The magnitude of the Libra area was the main highlight of Wednesday, May 7 at Brattec Offshore 2014, an event organized by the Brazil-Texas Chamber of Commerce. Petrobras’ executive manager for Libra, Anelise Lara, talked about the reservoir’s characteristics and the area’s development prospects…

Safety automation reduces hazard levels

Jun 03, 2014

Deepwater Horizon response In light of the Piper Alpha disaster almost 26 years ago and the Deepwater Horizon catastrophe four years ago, there is no doubt safety systems remain a top priority on the water…

BP prepares for mild Atlantic hurricane season

Jun 02, 2014

With June 1 marking the beginning of the 2014 Atlantic hurricane season, preparation efforts in the US Gulf of Mexico are a necessity for operators such as BP. BP, which operates four developments (Atlantis, Thunder Horse, Mad Dog, and Na Kika) located approximately 140-190mi…

Wison offers Pandora FLNG concepts

Jun 02, 2014

Houston’s Wison Offshore and Marine presented two concepts to the Pandora LNG joint venture partners for development of the Pandora gas field offshore Papua New Guinea, Cott Oil and Gas (40% interest) announced on 2 June 2014. Wison was…

Fire strikes Petrobras platform

Jun 02, 2014

Petrobras reported a fire on 31 May aboard semisubmersible platform Namorado 1 (PNA-1), located in the Campos basin at Namorado field, which is operated by the Brazilian national. Sindipetro, the area oil union, said that thefire broke out near the platform’s water tank just after 5 p…

Global Deepwater Review: Strength in numbers

Jun 02, 2014

The Centennial J tanker will be converted by MODEC for Tullow's TEN field. Photo by: Tullow Oil Plc/Joseph Lynch. E&P companies will continue to invest in deepwater exploration and development…

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