The foundations of the global energy system are shifting and the lives of energy policy makers are not getting any easier. If they didn’t have enough to worry about with securing affordable, sustainable supplies of energy to meet national needs…
Alaska states Arctic needs Alaska’s Lt. Governor Mead Treadwell stated the case for the state’s needs at the Ice-Diminished Arctic Conference in Washington, D.C. He emphasized the need for safety, security, and economic development in the region…
ENI and Venezuela’s state oil company has agreed to create a new joint venture to exploit the Perla field condensate reserves, estimated at 170MM bbls. PDVSA will hold 60% in the new venture, with ENI holding the remaining 40%. ENI is co-operator of Cardón IV…
Wärtsilä has been contracted to supply propulsion solutions for six new offshore pipe laying vessels being built by IHC Merwede. Three of the ships are to be built for Subsea 7. The other three vessels have been ordered by Seabras Sapura…
Intertek announces the launch of Intertek Asset Integrity Management (AIM) Surveying Services in Australia and Brazil, to provide clients 3D laser scanning and dimensional control services. Stuart Gordon is operations manager for Intertek Surveying Services (ISS) in Australia…
QGEP Participações S.A. announced that its wholly-owned subsidiary Queiroz Galvão Exploração e Produção S.A. (QGEP) filed a Notice of Discovery with the ANP (Agência Nacional do Petróleo, Gás Natural e Combustível) for well 1-QG-5A-BAS, located…
Sulzer Pumps will supply 42 pumps for installation on two floating production storage and offloading (FPSO) vessels (P-66 and P-69) that will operate in the pre salt Iracema cluster areas located in the Santos Basin, off the coast of Rio de Janeiro…
Petrobras published the drilling results for extension well 3-SES-175D (3-BRSA-1180-D-SES), known as Muriú 1, located in the BM-SEAL-10 concession area (blocks SEAL-M-347 and SEAL-M-424) in the ultra deep waters of the Sergipe Basin. The…
Brazilian oil firm OGX, an EBX Group company, could face significant challenges in securing future investments and partnerships in the country, after its operations in the Tubarao Azul field yielded less-than-expected production rates, says an analyst with GlobalData…
C-MAR Group has today announced that it has finalized an agreement to deliver dynamic positioning (DP) training for the Brazilian Merchant Marine Academy. Named Centro de Instrucao Almirante Graca Aranha (CIAGA), the academy is one of the leading maritime training centers in South America…
Subsea 7 has posted a record backlog of US$10.4 billion for Q2 2013, with tendering continuing to be high into Q3. But profits were hit by a US$300 million loss provision on the Guará-Lula NE project, offshore Brazil. Jean Cahuzac…
Trinity Exploration & Production plc, an independent focused on Trinidad and Tobago, issued an update today on its upcoming exploration program. Trinity plans to spud two offshore exploration wells in 4Q 2013, one on the west coast (El…
Petrobras announced the results of the first extension well 3-SES-176D (3-BRSA-1178D-SES), also known as Farfan 1, located in the BM-SEAL-11 concession area, block SEAL-M-426, in the ultradeep waters of the Sergipe Basin. The results…
OGX Petróleo e Gás Participações S.A. (OGX)), received the Installation License to begin activities related to the development of oil production in BM-C-39 and BM-C-40 blocks, in the Campos Basin. The license was granted by the Brazilian…
A joint venture between DOF Subsea and Technip has been awarded contracts to build and operate four new pipelay support vessels (PLSV) for Brazil's Petrobras. Two of the PLSVs will have a 300-ton laying tension capacity and will be fabricated in Brazil…
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