Spending on floating production systems is expected to increase 73% in 2015-2019, with US$81 billion due to be spent over that period. Douglas Westwood analyst Ben Wilby sets the scene. BG Group’s Knarr FPSO…
Audrey Leon spoke with Infield Systems’ analysts James Hall and Wei Liu to get the bigger picture. According to Infield Systems, the offshore pipeline installation market over the next 12 months will be challenging. Infield has revised…
Elaine Maslin speaks with new Oil & Gas Innovation Centre (OGIC) COO Ernie Lamza about his early career, his new role and the part technology has to play in the oil and gas industry. Ernie Lamza…
Angola's national oil company Sonagol and Houston-based Cobalt International Energy have signed a sale and purchase agreement allowing Sonangol to acquire all of Cobalt's 40% participating interest in Blocks 21/09 and 20/11 offshore Angola for US$1…
Aquatic Engineering and Construction Ltd. has been awarded a multimillion dollar contract on the US$10 billion Moho Nord subsea project, 75 km off the coast of the Republic of Congo, West Africa. The contract was awarded by a UK-based subcontractor working for Total E&P Congo…
Senegal’s government has approved UK explorer Cairn Energy’s latest plans to carry out a 3D seismic survey and a multi-well exploration program off its shores, starting this year. The minimum three-well campaign is targeting more than…
Bristow Helicopters (Nigeria) Ltd. confirmed six people have died, and six survived a helicopter accident in Lagos, Nigeria on 12 August. A Bristow Sikorsky S-92. Image from Bristow. The…
Image: TAM International TAM International has restructured its regional businesses into two individual hemisphere-based groups in order to achieve higher performance rates and streamline its business objectives…
In Houston, UTEC Survey promoted Cory Goodyear to the position of general manager after eight years with the company. Goodyear has 18 years’ offshore-related experience having started as a field surveyor before becoming a project manager…
Egypt has announced the results of its delayed 2014 exploration bid round. The round sought to find companies to explore 10 areas in the Gulf of Suez, the Eastern Desert, and east and west of the Nile. Six of those area offshore in the south Gulf of Suez…
Aberdeen-based oil service company Global SCS today revealed further worldwide expansion. The firm, part of Scotland's Global Energy Group, has just opened an office in Dubai to handle growing demand for its services in the Middle East and Africa…
Ceona, a SURF contractor with heavy subsea construction capabilities, has expanded its West African reach after entering into a strategic partnership with Interoil Angola. The partnership will see Interoil Angola, which is a key player in offshore support vessel management in West Africa…
Already deployed off Brazil and West Africa, Jerry Lee investigates a new way to intervene on wells — from the drill pipe. Animated picture of the ocean floor properties of Vallourec. Image from Vallourec…
Russia’s Rosneft and US-based ExxonMobil filed joint bids to participate in Mozambique’s fifth licensing round scheduled to close today (30 July). Map of the Angoche, Zambezi basins. From Mozambique National Petroleum Institute…
Freeport-McMoRan Oil & Gas failed to intersect secondary objectives at the MZ-1 exploration well offshore Morocco after reaching a depth of 4653m within the Lower Cretaceous, according to partner Pura Vida Energy. Wireline logs have…
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