Petrobras has long been a pioneer in the adoption and deployment of deepwater technology. This has enabled them to build huge reserves of some 16 billion bbl. Converting these reserves to production, however, is another matter and Petrobras has a history of setting ambitious targets…
Statoil installed the first subsea wet gas compressor in the world at the Gullfaks C platform in the North Sea after a successful offshore campaign (see video below). Image: Seaway Heavy Lifting's Oleg Strashnov carrying the protective structure…
The Research Council of Norway has through its Petromaks 2 program awarded 4Subsea funding for a research initiative on corrosion in flexible pipes. The initiative aims at developing new and improved ways of assessing structural integrity…
Norway-based Fjords Processing has won three contracts for the deliveries of process systems for the Johan Sverdrup development in the North Sea. The contracts were signed with Statoil on behalf of the Johan Sverdrup license. The scope…
Gulf Island Fabrication, Inc. has announced that through its subsidiary Gulf Island LLC, it has signed a contract with an oil and gas company with operations in Trinidad for the fabrication of a jacket and piles for one of its offshore locations…
A memorandum of understanding (MOU) has been executed for a cooperation agreement between Spectrum, PGS and Schlumberger in Mexico. The collaboration will acquire 80,000-100,000km of modern, long-offset 2D data encompassing all the major hydrocarbon provinces offshore Mexico…
Otto Energy has mobilized Maersk Drilling’s ultra-deepwater drillship Maersk Venturer for the Hawkeye-1 exploration well, offshore Philippines. The two companies originally signed a letter of intent back in March 2015. The Australian explorer says mobilization will begin on 31 July…
Aqualis Offshore is to open an office in Busan, South Korea, following increased demand for the company’s services. “Over the past few months we have received an increasing number of work requests from oil services companies, rig operators…
Well Flow International named Osama M. Hasan Baiej as its vice president of business development for the Arabian Gulf and North Africa. Baiej has more than 15 years of experience in business development and strategy, oilfield services…
Seatronics appointed Phil Middleton as its new group managing director. Middleton will be responsible for managing and developing Seatronics’ global business with a particular focus on long-term growth, strategy and compliance. Middleton says…
Det norske completed the drilling of appraisal wells 16/1-22 S, 16/1-22 A and 16/1-22 B on the Ivar Aasen field, according to the Norwegian Petroleum Directorate. The field is in the central part of the North Sea and was proven in 2008…
Danish software company SafeEx has launched the second generation of the SafeEx Software. The new version of the software is tablet-based and makes it both easier and more efficient to carry out Ex-inspections, as the technological functionalities…
Emerson Process Management has acquired Norwegian company Yggdrasil, a provider of flow assurance and production optimization software. Emerson will incorporate Yggdrasil’s METTE production optimization solution into the Roxar reservoir management software portfolio…
The Norwegian government has proposed how to divvy up stakes in the giant Johan Sverdrup field, with Det norske losing out. How to divide up the field has been in despute since earlier this year, resulting in a delay to the government's…
Energy XXI has closed on the sale of the East Bay Field for US$21 million to a private buyer. In addition, Energy XXI will retain a 5% overriding royalty interest on these assets for a period not to exceed five years from the closing date…
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