The US Bureau of Ocean Energy Management (BOEM) will offer 40 million acres for exploration in the proposed Gulf of Mexico Central planning area Lease Sale 241 and Eastern planning area Lease Sale 226 to take place in March 2016. Image…
Husky Energy has commenced production from a second oil well at the South White Rose extension drill center offshore Newfoundland and Labrador. The two wells are expected to ramp up to a combined net peak production of 15,000 b/d. South…
Oceaneering International has secured a contract from Shell to supply umbilicals for the deepwater Appomattox development located in the Mississippi Canyon area of the US Gulf of Mexico. The order is for electro-hydraulic steel tube control umbilicals…
Amidst its international corruption investigation, Petrobras terminated its US$1.6 billion contract with Vantage Drilling for the use of the Titanium Explorer ultra deepwater drillship citing a breach in Vantage’s obligations under the contract…
Husky Energy has reported a major hydrocarbon gas release from subsea equipment on its White Rose development. According to the Canada-Newfoundland & Labrador Offshore Petroleum Board (C-NLOPB), the release happened on 31 August from…
The recent rise in domestic crude oil production from 5.6 MMb/d in 2009 to 8.7 MMb/d in 2014 and the prospect of continued supply growth have sparked interest in the question of how the relaxation or removal of current policies, which restrict…
Ahead of next week’s SPE Offshore Europe 2015, Audrey Leon spoke with OneSubsea’s Don Sweet about how he got into the industry and what technologies he’s keeping an eye on. Sweet. Image from OneSubsea…
Shell and BG Group’s US$70 billion merger received the unconditional merger clearance from the European Union (EU), completing two of the five preconditions for the mega merger, Shell announced today (2 September). Image from Shell…
Schlumberger announced its takeover of US-based Novatek Inc. and Novatek IP, LLC. that will provide a new platform to improve drilling performance to the growing oil services giant’s portfolio. Schlumberger's StingBlade…
Balmoral Offshore Engineering, a deepwater buoyancy and polymer specialist, has been approved by Bureau Veritas (BV) in line with American Petroleum Institute (API) specification for its SURF-related bend stiffeners and restrictors. The…
Sandvik Materials Technology, a division within the Sandvik Group, developer and producer of stainless steels, special alloys, titanium and other materials, has been awarded two important contracts for control lines for the oil and gas industry in the Middle East…
After Mexico’s historic energy reform, many have high hopes for the country’s oil and gas sector. But, the first offshore bid round was a disappointment with only two of 14 areas being awarded. Audrey Leon examines what the country has learned…
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…
In advance of OE’s 2015 Global FPSO Forum, in Galveston, Texas, Audrey Leon speaks with the event’s co-chairs – SBM Offshore’s Jim Wodehouse and Endeavor Management’s Bruce Crager – to discuss topics affecting the FPSO sector. Shell…
Getting to grips with the condition of older assets can be a difficult task. Stefano Copello outlines RINA’s approach to revitalization. The re-used jacket of the Nenè platform, owned by Eni Congo…
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