Chevron Corp. announced its new US$39.8 billion capital and exploratory investment program for 2014. Approximately 90% of the 2014 spending program is budgeted for upstream crude oil and natural gas exploration and production projects…
Rolls-Royce is to supply Abu Dhabi Marine Operating Company (ADMA-OPCO) with power generation equipment and services to help boost oil and gas processing at the Satah Al- Razboot (SARB) offshore project in the United Arab Emirates (UAE). The contract was awarded by Korean engineering…
Trinity Exploration & Production spud the El Dorado exploration prospect today. The well is located off the west coast of Trinidad in the PGB license in 60 ft of water, about 2km from Trinity-operated production infrastructure. Trinity…
Saudi Aramco opened a research center in Cambridge (Boston), Massachusetts yesterday, the first of three new US research facilities the global energy giant will set up by the end of next year. The new center is adjacent to the Massachusetts…
Stephen M. Johnson will retire as McDermott International Inc.’s chairman of the board, president and chief executive officer— and as a director of McDermott this month. David Dickson will succeed Johnson as president and CEO. Dickson has…
Plans for arctic exploration and development continue apace—but will there be resources available? Elaine Maslin reports. The size of the arctic offshore challenge is significant, both in scale and complexity, with relatively little activity carried out to date…
The Arctic hosts harsh environments, minimal daylight and HSE concerns. Anthresia McWashington examines a case study and explains the data acquisition methods necessary to explore in one of the world’s most brutal regions. Exploration…
Noble Energy has made two deepwater discoveries in the Gulf of Mexico and offshore Israel. The Dantzler exploration well, located 12 miles west of the firm’s Rio Grande development in Mississippi Canyon 782, has encountered over 120 ft of net pay…
DNV GL has developed a new concept to deal with HPHT pipeline expansion design. Chia Chor Yew explains. Transporting oil and gas through pipelines from high pressure and high temperature (HPHT) reservoirs continues to be a major challenge as the industry pushes into new energy frontiers…
Petroleum Geo-Services (PGS) announces the TRITON GeoStreamer® Full Azimuth survey, a new solution to complex imaging problems in the deepwater Gulf of Mexico. PGS offer this survey as the next important advance in tailored acquisition design…
UK-based EV, a specialist in downhole video technology, has launched its Optis HD Electric line camera to the well intervention market, which they say can provide vital wellbore imagery that can save time and reduce risk. The new technology…
MacGregor has won a contract to deliver a comprehensive set of cranes to a new vessel under construction at the long-established Canadian shipyard, Chantier Davie Canada Inc. The vessel is scheduled for delivery by the end of Spring 2015…
Oilfield services company Archer is to cut staff and close some bases as part of a restructuring plan. The firm, which provides drilling and well services, said to accelerate margin improvements and adapt to the “highly competitive North American land market”…
The US Department of Energy (DOE) announced in mid-November that US$5 million would be allocated for seven US universities studying methane hydrates. “The recent boom in natural gas production - in part due to long-term Energy Department…
Brian Salerno, director of the Bureau of Safety and Environmental Enforcement (BSEE), cited 12 Gulf of Mexico (GOM) operators for failure to comply with the Safety and Environmental Management Systems (SEMS) requirements of the Workplace Safety Rule…
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