Rockhopper Exploration has agreed a deal to take over fellow Falklands explorer Falkland Oil and Gas (FOGL). The move will make the combined company the largest North Falkland Islands license and discovered resource holder with a material working interest in all key licenses in the area…
Ben Lake, of Weatherford, discusses how rigorous testing and validation are essential for ensuring safety valve reliability and performance. As the last line of defense in protecting life, property, and the environment, subsurface safety…
SBM Offshore received a formal invitation from Brazilian giant Petróleo Brasileiro (Petrobras) to tender for the Sépia and Libra floating production storage and offloading units (FPSOs). Brasa shipyard…
Petróleo Brasileiro (Petrobras) has announced the board of directors’ approval of the appointment of Mário Vinícius Claussen Spinelli as the Petrobras’ new ombudsman general. As disclosed on 15 May 2015, Petrobras approved the restructuring of the ombudsman general’s office…
Petróleo Brasileiro (Petrobras) has declared Sépia Leste in the Santos basin pre-salt area to be commercial with an estimated 130 MMboe recoverable resources, offshore Rio de Janeiro. Map of the Sépia field…
Weatherford Secure Drilling Services and Maersk Training have entered a strategic partnership to enhance scenario-based training and competency for critical wells. The training will provide Weatherford, operator and rig-crew personnel with…
UK-based independent Premier Oil says it has lined up key 'world class' contractors to provide the vessel and infrastructure for its Falklands Islands Sea Lion development, after completing pre-front end engineering and design on the project…
Atwood Oceanics has announced two contract activities in the Gulf of Mexico (GoM) and offshore Brazil. The Atwood Advantage. From Atwood Oceanics. An Atwood Oceanics subsidiary…
Noble Corp. is the latest major oil and gas company to be linked to the Petróleo Brasileiro’s (Petrobras) Lava Jato bribery and corruption scandal, the offshore driller revealed in a regulatory filing to the US Securities and Exchange Commission…
Brazil’s Petróleo Brasileiro (Petrobras) has appointed Segen Farid Estefen as the chairman of the board for its subsidiary company Petrobras Distribuidora, until 31 January 2016. Estefen is replacing Clovis Torres Jr., who announced his resignation earlier this week…
Fugro has taken delivery of the new ROV support vessel (RSV) Fugro Aquarius. The new DP-2 diesel-electric vessel is 83m is length with a deck area of 520sq m and accommodation for 60 people…
Amid being the center of a major, worldwide bribery and corruption scandal, Brazil state-run oil company Petróleo Brasileiro’s (Petrobras) operations are being affected by the oil workers’ unions strike, and at the same time, the company received the resignation of one of its board members…
Amid positive Q3 results, Houston-based Diamond Offshore is sending one of its vessels to the scrap yard after Brazil’s Petroleo Brasileiro (Petrobras) cut contracts short for two of its vessels, resulting in an extension for another contract…
For the offshore floating rig market, the downturn presented the perfect storm: too many rigs, not enough demand, and with some 200 newbuilds set to enter the market over the next decade. Audrey Leon reports. The Maersk Developer…
Retrieving an unreliable blowout preventer (BOP) is a necessary but expensive operation, costing upwards of US$1-2 million dollars. This cost can easily escalate in developing ultra deepwater regions such as Brazil, West Africa and Gulf of Mexico…
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