Brazil has been and remains a key stone in the global offshore industry, not least when it comes to deepwater production. Despite the recent turmoil it has faced, including low oil prices, debt woes and the Operation Car Wash investigation…
There is plenty of heavy oil to get out of the ground in Mexico, Brazil and Indonesia. Karen Boman surveys the work underway. The Peregrino FPSO at the Peregrino Field offshore Brazil. Photo from Statoil…
Subsea boosting is helping to push otherwise uneconomic subsea projects over the line. Elaine Maslin reports on two tiebacks benefiting from a bit of boost – including the industry’s longest deepwater subsea multiphase boosting tieback. Murphy…
DOF Subsea has been awarded several global contracts, securing utilization for several vessels in the subsea IMR projects segment. In the Asia Pacific region and the Atlantic region, DOF Subsea has been awarded several contracts and work under existing frame agreements…
BHP Billiton has made an oil discovery in multiple horizons at the Wildling-2 appraisal well in the ultra deepwaters of the Gulf of Mexico. Deepater Invictus. Image from Transocean. According to the company…
Ecopetrol has appointed Felipe Bayón Pardo as the company’s new president effective 15 September, following the resignation of Juan Carlos Echeverry Garzón. Felipe Bayón Pardo. Image from Ecopetrol…
The U.S. Department of Justice (DoJ) has closed its investigation into Vantage Drilling International over Vantage’s possible violations of the Foreign Corrupt Practices Act. DoJ in a letter acknowledged Vantage’s full cooperation into the investigation…
BP has started production from five of its seven major projects for the year, as the supermajor confirmed that the Juniper project offshore Trinidad, and Woodside Energy’s Persephone offshore Australia are both online. Juniper…
Dutch company Royal IHC and Brazil’s GranInvestimentos have formed a new partnership, GranIHC Services, to deliver innovative and integrated life cycle solutions, increase their operational and service activities, while expanding their presence in Latin America…
ION Geophysical has begun a new 2D multiclient program offshore Panama, the first seismic survey to be acquired in 30 years, the company announced on 9 August. The PanamaSPAN survey will provide the framework to evaluate the hydrocarbon…
Transocean seems to be shaping up with a busy quarter of reactivating rigs and extending contracts, as the offshore drilling contractor sets its sights on nearly 60 floater programs that could begin within the next 18 months. The Transocean Nautilus…
Kosmos Energy is set to spud the Hippocampe well offshore Mauritania at the end of August, however, the Dallas-based company sees Suriname as its top opportunity. Map of Mauritania, from Kosmos…
BP is on track to start up its Juniper project off Trinidad in the coming weeks, and bring Eni’s Zohr online offshore Egypt by the end of 2017. The supermajor was hopeful in its Q2 2017 earnings call, announcing the possibly of having final…
Petrobras’ insatiable deepwater production plays a significant role when it comes to driving global subsea systems demand. Elaine Maslin speaks with the firm’s subsea systems executive manager Cristina Pinho. Cristina Pinho…
After years of turbulence fueled by scandal and debt woes, Brazil and its oil company Petrobras detailed how they intend to get back on the right track. Melissa Sustaita reports. Fernando Coelho Filho…
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