Noble Energy's Humback exploration well offshore the Falklands has encountered non-commercial quantities of oil and gas, Falkland Oil and Gas confirmed this morning. The 53/02-01 Humpback exploration well, which was running over schedule and budget…
FMC Technologies has developed and patented a technology to replace the orbital welding process used to connect small bore hydraulic tubing used in subsea equipment — the shape memory alloy subsea fitting. The technology is based on shape…
BG group's Brazilian operations reached record net production of 159,000 boe/d in July 2015. Located 300km from Sao Paulo, BG Group along with partners Petrobras, PTTEP Brasil, and Petrogral, have interest in Sapinhoa, Lapa, Lula…
Image: Sandvik Sandvik, a developer and producer of advanced stainless steels, special alloys, titanium and other high-performance materials, has announced the opening of its South American…
QGEP Participações has announced that Queiroz Galvão Exploração e Produção has signed a Crude Oil Sales Agreement (COSA) with Shell Western Supply and Trading for the early production system (EPS) of the Atlanta Field. This contract refers to QGEP's 30% share in the production from the field…
US-based Era Group’s Brazilian joint venture Aeróleo Taxi Aero received notification from Petroleo Brasileiro (Petrobras) that Petrobras will cancel the ongoing tender process for heavy and medium helicopters, leaving the helicopter with a potential workforce reduction…
With ExxonMobil reported to be moving the Liza discovery in deepwater Guyana into pre-front-end engineering design (FEED) less than five months after confirming the find, the project has the potential to yield significant returns for investors…
CGG received all necessary permits to start acquiring the industry’s first regional broadband seismic survey of the Barreirinhas basin in the Equatorial Margin of northern Brazil in early November. Oceanic Vega…
Matt Kirk has been appointed vice president of operations at Wood Group Kenny, joining the regional leadership team in the Americas. With 17 years’ experience in the oil and gas sector, Kirk joins Wood Group Kenny from Xodus Subsea where he was managing director…
Norwegian authorities performed a search and seizure of Sevan Drilling’s offices last week, after corrupt activities between Sevan Drilling and Brazil’s Petróleo Brasileiro (Petrobras) were exposed in an independent external review conducted by Sevan Marine…
AziLat Ltd. announced that it has entered into a transaction with OGX Petróleo e Gás S.A., to acquire OGX’s full interest in two blocks, offshore Brazil. The blocks are located in the Ceará basin and the Potiguar basin in the equatorial…
Noble Energy has recorded oil and gas shows in the 53/02-01 Humpback exploration well, according to partner Falklands Oil and Gas (FOGL). The 53/02-01 well was drilled to 4718m with the oil and gas shows in the main target horizon and…
In Repsol's 2016-2020 Strategic Plan, unveiled today, the company vowed to cut spending by 38% and divest US$7.1 billion (€6.2 billion) in non-strategic assets. The company said it expected to make half of those divestments in the next two years…
Petrobras announced a further hydrocarbon discovery at the giant pre-salt Libra field in the Santos basin, offshore Brazil. The Brazilian national said that well 3-BRSA-1310-RJS, in the central portion of the block, identified the presence of hydrocarbons in a low-porosity reservoir…
Brazilian giant Petróleo Brasileiro (Petrobras) entered into a US$2 billion deal with the Industrial and Commercial Bank of China Leasing (ICBC) for a finance lease on two existing platforms. Image from Petrobras…
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