When developing the Lucius and Heidelberg fields in the deepwater Gulf of Mexico, Anadarko Petroleum opted for a “design one, build two” strategy. Audrey Leon reports on how the Lucius field, which began production in January, came to be…
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…
A busy week for global news mid-July sent crude prices plummeting. The agreement between the Greek government and European financial ministers left a lingering uncertainty hanging over the Eurozone, with several high profile organizations remaining openly critical of it…
Chevron’s results for 2Q 2015 show the company in a drastic drop of nearly 90% compared to last year, from substantial impairments that have lead the company to implement multiple efforts to improve future earnings and cash flows. Image…
Image: Jascon 31/Sea Truck Group Sea Trucks Group has won a charter for the Jascon 31 in the Gulf of Mexico. The DP3 accommodation construction vessel will start sailing soon from West Africa to the Gulf of Mexico…
US-based Chevron is cutting 1500 employees in its attempt to slash costs by US$1 billion, with Houston employees getting the majority of the job cuts. Chevron's Big Foot has seen delays this quarter…
Mexico’s national oil company Petróleos Mexicanos (PEMEX) suffered a 62% loss in its net income in 2Q 2015 of nearly US$52 billion ($84.6 billion MXN), a significant difference when compared to last year’s net income loss of $32.1 billion ($52…
Dolphin Geophysical has commenced the East Campeche 2D long offset multi-client survey in Mexico, utilizing the M/V Artemis Arctic. The licensed approved 19,597 line-km survey is well positioned towards the recent Mexican announced five-year…
The 2010 Deepwater Horizon spill came back to haunt BP once again in 2Q 2015, as the company reported a massive loss of US$6.3 billion, largely due to the deadly Gulf of Mexico incident. Bob Dudley…
Husky Energy says it still continues to assess potential development options for its West White Rose extension in the Jeanne d'Arc Basin. The firm started production from the nearby South White Rose project, a subsea satellite tieback to the White Rose project's SeaRose FPSO…
The first foundation was laid for the US’s first offshore wind farm, 3nm off the coast of Rhode Island, the company behind it, Deepwater Wind, announced on social media Sunday, 26 July. The Weeks 533 crane barge lowered a 400-ton steel…
Borets, a provider for the engineering, manufacturing, sales and service of electric submersible pump (ESP) systems, has successfully conducted a North American field trial of its PMM-PCP system, the first permanent magnet motor (PMM) running…
Houston-based Excelerate Energy received authorization from the Federal Energy Regulatory Commission (FERC) for the Aguirre Offshore GasPort project offshore Puerto Rico.Image from Excelerate. After nearly four years of environmental reviews…
Image: diver working/Harkand Harkand has carried out the first-ever free inertial metrology in Mexico's waters and at a new depth for this approach in the region. The global inspection…
Houston-based Oceaneering International’s 2Q 2015 results has its revenue down nearly 13% year-over-year, and left the company with the decision to end its blowout preventer (BOP) control systems business. Image from Oceaneering…
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