In this video, supermajor BP gives a look back at its projects in 2016. Progress was made on several of its projects including Shah Deniz 2 off Azerbaijan, the Southern Gas Corridor pipeline from the Caspian Sea into Europe, Juniper in Trinidad and Tobago, Quad 204 in the UK, and more.
Total and Petrobras have agreed to work together on exploration and upstream technology, which will see Total become a partner on two pre-salt licenses in the Santos Basin. Image from Total. The licenses are the BMS-11 license…
Australia’s Karoon Gas is going back to court to defend its deal with Petróleo Brasileiro (Petrobras) for stake in two fields, following a rejection to lift the injunction made by the Brazilian state-owned company in the federal court of Sergipe…
ExxonMobil has picked SBM Offshore to perform front-end engineering and design (FEED) for the floating production and storage offload unit (FPSO) for the supermajor’s Liza development offshore Guyana. In addition, subject to a final investment decision (FID)…
Brazilian giant Petróleo Brasileiro (Petrobras) started production at the Lapa field, in the Santos basin pre-salt layer offshore Brazil. Image of the Cidade de Caraguatatuba, from Sofec. Petrobras…
Petrobras, on behalf of the Libra consortium, has awarded geosciences company Benthic a contract for an offshore geotechnical investigation in the Libra field area, some 140mi off the coast of Rio de Janeiro, Brazil. Benthic’s portable…
Houston’s KBR has been awarded two global agreements by BP International for the provision of conceptual engineering services, and another for the provision of pre-front end engineering design (FEED) and FEED engineering services. Each…
Brazil’s Ministry of Mines and Energy (MME) held the 33rd Meeting of the National Energy Policy Council (CNPE), in which the approval of the guidelines for the 14th Round of Bids for blocks for the exploration and production of oil and natural…
French independent Perenco has acquired a 70% interest in the Teak, Samaan and Poui Block (TSP) in Trinidad and Tobago. The interest in the fields, offshore south east of Trinidad, has been bought from Repsol E&P T&T, a subsidiary of Spain's Repsol…
SeaBird Exploration has signed an agreement for the Northern Explorer vessel for an upcoming 2D seismic survey in South America. The project is anticipated to commence in late December 2016 and will have a duration of approximately 45 days.
Polarcus received two letters of intent from two undisclosed clients for two additional marine seismic projects offshore South America. The projects, one 3D using Polarcus' RightBAND technique for broadband data acquisition and one 4D monitoring survey…
Aker Solutions completed the acquisition of 70% of Brazilian CSE Mecânica e Instrumentação Ltda. The agreement includes an option for Aker Solutions to purchase the remaining 30% of the company three years from now. The acquisition…
FMC Technologies and Technip announced that the pending, combination between the companies has received a clearance decision issued by the General Superintendent of Administrative Council for Economic Defense, (CADE), the Brazilian antitrust authority…
Centrica plc entered a deal to sell its entire portfolio of gas assets in Trinidad and Tobago to Shell E&P for an initial cash consideration of US$30 million (£24 million). The assets consist of a 17.3% interest in the producing NCMA…
For the offshore oilfield equipment and services industries, 2016 was a difficult year. Douglas Westwood’s Joel Hancock looks forward to see if there is a light at the end of the tunnel. The Maersk…
Subscribe
