Brazil’s National Petroleum, Natural Gas, and Biofuels agency (ANP) expanded on its approval of the country’s 13th bid round, with the announcement of more than 22 of 39 applications from international oil and gas companies. Magda Chambriard…
Noble Energy's Humpback exploration well in the south Falklands basin has hit operational issues with results likely to be delayed by about a month, according to partner Falkland Oil and Gas (FOGL). The well, which spudded on 13 June 2015…
FMC Technologies has been chosen as the first winner of the OTC Brasil 2015 Spotlight on New Technology Award. The award recognizes FMC Technologies’ shape memory alloy fittings in subsea equipment, which was developed to replace orbital welding processes used to connect hydraulic tubing…
Brazil’s National Petroleum, Natural Gas, and Biofuels agency (ANP) has announced the first 12 companies pre-approved for the country’s upcoming 13th bid round to be held on 7 October. The pre-approvals went to familiar companies such as supermajor Shell and France’s GDF Suez…
TGS has been given the green light by Mexico's Comisión Nacional de Hidrocarburos (CNH) to start acquiring multibeam, coring and geochemical analysis data over about 600,000sq km in Mexican waters. This project will cover the entire deepwater area of the offshore sector of Mexico…
Image: Ecopetrol The board of directors of Ecopetrol, in its meeting held on 14 August, 2015, authorized the creation of a Colombian company indirectly wholly-owned by Ecopetrol…
The “Lava Jato” scandal, which US-based global energy law firm Mayer Brown is calling the “largest corruption investigation in the world,” has taken an economic toll on Petroleo Brasileiro SA (Petrobras), and is creating several business opportunities…
In this video, Teekay captured a time-lapse video of the Teesta Spirit vessel transiting through the Panama Canal. The Teesta Spirit began at the Balboa Anchorage, transiting through three sets of locks until reaching its final destination in the Atlantic Ocean…
Rosneft, via its subsidiary RN-Brasil, has registered as a participant in Brazil's 13th license round. The registration is subject to the approval of Brazil's Agencia Nacional do Petroleo ANP and will allow Rosneft to take part in the…
Norway-based semisubmersible accommodation provider Prosafe has signed a contract with Petrobras for the provision of the Safe Eurus semisubmersible vessel for safety and maintenance support offshore Brazil. The contract, starting 1Q 2017 with a firm period commitment of three years…
Image: TAM International TAM International has restructured its regional businesses into two individual hemisphere-based groups in order to achieve higher performance rates and streamline its business objectives…
Wood Group has been awarded a three-year offshore engineering blanket order by PEMEX Procurement International for field development in Mexico’s Gulf of Mexico waters. The agreement, valued at up to US$28 million, encompasses deepwater and complex shallow water concept and basic engineering…
Contracting activity across the global upstream sector rose 20% in 2Q this year, compared to 1Q, but is still lower than the same period last year, according to the Energy Industries Council's EIC Monitor. The uptick in EPC activity was focused on Brazil and Norway…
After just four years in production, the Peregrino field in the Campos basin offshore Brazil has passed a significant milestone, with 100 MMbo produced since April 2011. The field, jointly owned by Statoil and Chinese Sinochem, achieved the milestone on 2 August…
Petrobras has begun production at the Iracema Norte development, in the Lula field of the pre-salt Santos basin, just less than 30 days after the FPSO Cidade de Itaguaí arrived at the field, the Brazilian national confirmed on 31 July. Cidade de Itaguaí…
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