Fairmount Marine’s tug Fairmount Summit has delivered the semisubmersible rig Ocean Valiant safely in the port of Las Palmas, Canary Islands. Fairmount Summit towed the rig from offshore Cameroon over a distance of almost 3000 miles. The…
It's not all about work when you're out at sea. Subsea 7's crew onboard the Bourbon Peridot multipurpose supply vessel collaborated for this fun rendition of the song 'Africa' by Toto while in Equatorial Guinea off West Africa. The video clip…
EMGS has signed a contract worth US$8 million with Maersk Oil Angola to carry out 3D electromagnetic data acquisition. It is expected the project will start this month, following mobilisation of the EM Leader vessel. “We are excited…
GMC Inc. has been awarded a contract to deliver its high strength fatigue resistant mechanical connector product as part of Total’s Republic of Congo Moho Nord TLP project. GMC will supply more than 100 sets of its concentric thread…
Houston-based GMC Inc. has been awarded a contract to deliver its high strength fatigue resistant mechanical connector product as part of Total’s Republic of Congo Moho Nord TLP project. GMC will supply over a hundred sets of its concentric thread…
FMC Technologies, Inc. received an order from Tullow Ghana Ltd to supply subsea systems for its Tweneboa-Enyenra-Ntomme Development (TEN) offshore Ghana. The order has an estimated value of US$340 million in revenue. FMC Technologies' scope of supply includes subsea trees…
Kosmos Energy has entered into three farm-out agreements with BP plc covering three blocks in the Agadir Basin, offshore Morocco. Under the agreement, BP will pick up 30% non-operating interest in Essaouira, 26.325% in Foum Assaka, and 45% in Tarhazoute…
Atkins’ Ramsay Fraser looks at offshore asset integrity assessment techniques and how acceptance criteria depend on geographic region. Evaluation of the integrity of an offshore structure is one of the four key functions of an integrity…
Developing economies continue to be a core feature of global exploration efforts. Dr Peter Davis looks at managing political, societal and ethical risks in such regions. As Dick Cheney once observed, “the good Lord didn’t see fit to put…
Subsea 7 on Cardona Subsea 7 was awarded a contract worth more than US$70 million by Stone Energy for Cardona field in the US GOM. Scope includes engineering, procurement, installation, and flowlines commissioning, risers, pipeline structures…
Ghohta discovery Lundin Petroleum made an oil discovery on the Ghohta prospect in exploration licence PL492 in the Barents Sea. The well, 7120/1-3, 35km northwest of Snøhvit field, found a 75m oil column in Permian carbonates. Statoil…
Wood Mackenzie has predicted upstream investment in East Africa will reach US$7 billion by 2018. Martin Kelly, head of Sub Sahara Africa upstream research for Wood Mackenzie, told delegates at the East Africa Oil and Gas Conference today…
Panoro Energy ASA commenced a 3D seismic acquisition program in the Dussafu block off Gabon. The work will be carried out by Polarcus and is planned to cover an area of approximately 1260 km2 in the outboard part of the Dussafu license. The…
Tanzania’ government has announced that the delayed 4th Licensing Round is to be launched later this month. Seven deepwater offshore blocks and the Lake Tanganyika North offshore block will be available in the round, to be launched in Tanzania’s capital Dar es Salaam…
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…