Petrobras has begun production from FPSO Cidade de Mangaratiba, located in Block BM-S-11 of the giant Lula field. The start-up represents the first in the Iracema Sul area of the presalt Santos basin, located 300km off the coasts of the Rio de Janeiro and São Paulo states…
The fifth SPE Russian Oil & Gas Exploration and Production Technical Conference and Exhibition at the All-Russian Exhibition Center in Moscow hit a record attendance on its first day with 1,775 unique attendees, marking a 19% increase on the previous event in 2012…
Maersk Oil North Sea UK Ltd. awarded Heerema Hartlepool Ltd. a contract for the engineering, procurement and construction (EPC) of the Culzean development’s well head platform (WHP) jacket. Maersk’s proposed Culzean development…
Saipem awarded BMT Group Ltd. a contract to supply the riser integrity monitoring systems for the Lula Norte and Lula Extremo Sul developments in the Santos Basin pre-salt region, off Brazil. BMT’s subsidiary, BMT Scientific Marine Services…
ROVOP is investing more than US$ 6.3 million (£4million) in a new purpose-built headquarters that will include training facilities, a full ROV underwater test facility and an internal 40-tonne overhead crane. The facility is located in the Aberdeenshire’s Westhill area…
Statoil's CEO has resigned in order to take over UK-based BG Group as CEO on a US$2.4 million (£1.5 million) annual basic salary, plus benefits. Image: Helge Lund. From BG Group. Helge Lund has been Statoil's CEO since 2004…
SBM Offshore is using the TrustLube automatic lubrication system for Shell’s Prelude. According to TrustLube, its system consists of an explosion-proof grease cabinet to lubricate the radial wheel, axial boogie and axial boogie guiding of the world’s largest turret…
DNV GL established a liquefied natural gas (LNG) solution group in North America. Bjørn-Harald Bangstein, DNV GL director of operations maritime advisory, Americas. DNV GL says that in addition to deep LNG expertise…
Chevron Thailand E&P Ltd. awarded Rolls Wood Group (RWG) a contract to service Rolls-Royce industrial gas generators operating at four separate offshore production facilities located in the Pattani Basin, 120 mi. from Thailand’s southern coastline…
Deepwater exploration offers one of the few attractive places for today's international oil companies, but costs will need to be curbed to make it work, senior executives said in Aberdeen today (14 October). Total's…
Italian explorer Eni picked up two new exploration assets offshore Vietnam from state-owned oil company PetroVietnam, the company announced on 13 October 2014. Eni’s CEO Claudio Descalzi (pictured) and PetroVietnam president DO Van Hau…
Lundin Norway has found gas and oil in wildcat well 7220-11-1 on the Alta prospect in production license 609 in the Barents Sea. The well was drilled about 20km northeast of the Gohta oil and gas discovery 7120/1-3 and about 190km northwest of Hammerfest…
Statoil and its Tanzanian co-venture Exxon Mobil have made a seventh gas discovery offshore the prolific East African country. The Giligiliani-1 discovery contains some 1.2 trillion cubic feet (Tcf) of natural gas in place, taking total In place volumes in Block 2 to about 21Tcf…
Wood Group Mustang has been awarded the pre-front-end engineering design (pre-FEED) contract by Statoil for the proposed Snorre C tension leg platform (TLP) to be located on the Norwegian continental shelf. Work is being conducted by…
General Electric today agreed to pay US$1.78billion for Milestone Aviation Group, the world’s largest helicopter leasing company. Helicopter transportation is fundamental to the offshore oil industry, and the market for oil & gas…
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