Offshore Production News - page 356

 

Kashagan back online

Oct 08, 2013

Kazakhstan's Kashagan oilfield has resumed production after its latest delay, a shutdown on September 25 following the detection of a gas leak. Discovered in 2000, it has taken 13 years and approximately $50 billion before production started on September 11…

Myths and misperceptions about RLWI

Oct 08, 2013

Milling bit packed with set asphaltenes Copyright Welltec A/S Various myths and misperceptions surround riserless light well interventions (RLWI), preventing operators from performing these cost-efficient…

Petrobras’ P-55 sets sail

Oct 07, 2013

Petroleo Brasileiro (Petrobras) completed its semisubmersible P-55 floating production, storage and offloading (FPSO) vessel nearly six years after it was contracted. It passed testing and certification in the Rio Grande dock (ERG-1). The…

Origin chairman Kevin McCann to retire

Oct 03, 2013

Origin Energy announced October 3 that Kevin McCann will retire as chairman and director after the company's annual general meeting on October 23. The board has elected Gordon Cairns to succeed McCann as the chairman of the board of directors…

Noble revises Cyprus estimates

Oct 03, 2013

Noble Energy, Inc. has downgraded the gross resource potential of its A-2 appraisal well, drilled on the Block 12 discovery offshore the Republic of Cyprus. With the reserve potential initially set between 5-8Tcf, the company has now lowered its figures to 3…

Nigerian production forecast

Oct 03, 2013

Business Monitor (BM) released its latest findings on Nigeria’s volatile oil and gas sector from its newly-published Nigerian Oil and Gas Report. The report notes that Nigeria's hydrocarbon sector continues to struggle amid a worsening political and business environment…

Shell's BC-10 phase 2 in production

Oct 02, 2013

Shell announced that production has begun from the second development phase of the Parque das Conchas (BC-10) project, located off Brazil’s southeast coast. The BC-10 project is comprised of several subsea fields which are tied back to the Espírito Santo FPSO vessel…

GE wins Yamal LNG supply deal

Oct 02, 2013

GE Oil & Gas won a contract to provide turbomachinery equipment for the Yamal liquefied natural gas (LNG) megaproject under development on the Yamal Peninsula in Russia’s northern Siberia region. GE will supply six Frame 7E gas turbines…

Lundin hits big in Ghota

Oct 02, 2013

Lundin Norway AS confirmed a significant oil find in its Ghota discovery following the completion of a successful flow test of exploration well 7120/1-3, which proved gas flow at a rate of approximately 4,300 b/d. The test showed good production…

Cameron wins Lula FPSOs supply

Oct 01, 2013

Cameron was awarded the contract to supply SBM Offshore with gas processing packages for floating production, storage & offloading (FPSO) vessels to be used at the Lula field, located in Brazil’s offshore pre-salt area. The FPSOs, Cidade de Maricá and Cidade de Saquarema…

Njord, Hyme off production until 2014

Sep 27, 2013

Statoil ASA is extending its production stoppage in the Njord oilfield, located in the Norwegian Sea, to reinforce a drilling platform. Production was originally halted on July 27 due to some small deformations found in some beams and other structural elements in the deck framing…

SEG13: Pemex official addresses offshore technology

Sep 24, 2013

High-quality technology and proper backing investments are keys to “[allowing] Mexico to continue as one of the main hydrocarbon producers of the world,” said Jose Antonio Escalera-Alcocer, deputy director of exploration for Pemex Exploration…

JX Nippon signs Malaysian PSC

Sep 20, 2013

JX Nippon Oil & Gas Exploration Corp. entered into a production sharing contract (PSC) for deepwater block 2F offshore Sarawak with Petroliam Nasional Berhad (Petronas) effective September 19. Deepwater block 2F is located in the northwest of Sarawak…

Salamander spuds exploration well offshore Thailand

Sep 18, 2013

Salamander Energy plc announced the spud of an exploration well in Block G4/50, Gulf of Thailand targeting the Ayutthaya prospect. Ayutthaya is located in the Western Central sub-basin, less than one mi northeast of the recent Surin oil discovery…

Rialto, Vitol sign Ivory Coast MOU

Sep 16, 2013

Rialto Energy (Cote d’Ivoire) Ltd signed a memorandum of understanding (MOU) with the Cote d’Ivoire Ministry of Oil & Energy, the state owned oil & gas company PETROCI, and Vitol E&P to replace the existing production sharing contract (PSC) for Block CI-202 with a new PSC on amended terms…

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