Offshore Shallow Water News - page 33


Lundin plugs dry Gobi-1 well

Oct 27, 2014

Drilling has completed on Lundin Petroleum's Gobi-1 wildcat in the Gurita production sharing contract (PSC), located off Indonesia in the Natuna Sea’s West Natuna basin. The prospect is being plugged and abandoned after failing to find hydrocarbons…

EPA lifts W&T Offshore suspension

Aug 05, 2014

The US Environmental Protection Agency (EPA) lifted a suspension and proposed debarment and removed the statutory disqualification imposed on Houston-based explorer W&T Offshore, the company announced on 5 August 2014. US EPA Administrator Gina McCarthy…

Galp's Tao-1 disappoints again

Aug 04, 2014

Galp Energia will plug and abandon its Tao-1 exploration well in the Tarfaya block offshore Morocco after encountering unfavorable reservoir quality in the Trident objective, partner Tangiers Petroleum announced on 4 August 2014. The…

BPZ Energy spuds Corvina well off Peru

Jul 31, 2014

BPZ Energy spud the CX15-7D development well in the Corvina field in Block Z-1, offshore Peru, on 29 July 2014, the company announced today. BPZ Energy plans to drill to 8500ft depth and expects operations to complete in October. BPZ…

CNOOC begins Panyu 10-2/5/8 production

Jul 31, 2014

CNOOC Ltd. commenced production at its Panyu 10-2/5/8 project in the Pearl River Mouth Basin in the South China Sea, the company announced on 31 July 2014. This project includes three oilfields – the Panyu 10-2, Panyu 10-5 and Panyu 10-8 – with an average water depth of 100m…

IHC Merwede launches Hi-Traq trencher

Jun 19, 2014

IHC Merwede has introduced the world’s first four-tracked subsea trencher, specifically developed for shallow water operations and targeted towards cable burial in offshore wind farms. Read an in-depth feature here: Traq-ing underwater…

Four well discovery offshore Sarawak

Jun 09, 2014

SapuraKencana Energy Sarawak Inc. (SKE) announced the discovery of four non-associated natural gas wells in the SK408 Production Sharing Contract (PSC) area. These are the first four wells of a 10-well commitment in the SK408 PSC, a 4480sq km area…

AziPac buys into offshore Indonesia block

Jun 09, 2014

Mitra Energy Ltd. entered into a farm-out agreement with AziPac for the partial assignment of Mitra's participating interest in the Bone PSC offshore Indonesia, the company announced on 9 June 2014. Under the terms of the agreement, Mitra…

Mexico's energy reform: challenges and opportunities

May 13, 2014

It has been less than a year since Mexico’s landmark energy reform, but the effects of this major restructuring on one of the world’s largest economies are already being observed.  Gustavo Hernandez Garcia, acting director of E&P, Pemex,…

BorWin beta topsides installed, German North Sea

May 03, 2014

OVERDICK announced that the BorWin beta topsides has been successfully installed in the German sector of the North Sea, about 53nm NNW of the island of Borkum. The step marks the completion of the most critical phase in the offshore campaign…

Middle East job for Technip

Jan 28, 2014

Technip has won a contract from Dubai Petroleum Establishment (DPE) for engineering, procurement, construction, and installation on the Jalilah B field development project, in 60m water depth, 90km offshore Dubai, United Arab Emirates. Technip’s…

SeaBird's shallow water seismic vessels busy in SE Asia

Dec 05, 2013

Seabird Exploration has two shallow-water 3D seismic vessels working in Southeast Asia: Voyager Explorer (4x6000m streamers) and Aquila Explorer (4x8000m streamers), although the Aquila Explorer is currently equipped for 2D acquisition…

Pipeline market to grow in Europe, Asia, and Africa

Nov 14, 2013

Since the turn of the millennium, global pipeline investment has undergone sustained and, in recent years, robust growth as a result of favorable market conditions and industry trends, including: the continued high levels of investment in offshore development…

Saab Seaeye relaunches Sea Owl

Oct 23, 2013

The first 360° ROV to work in any orientation - even upside down - has been re-launched by Saab Seaeye. The Sea Owl concept, successfully introduced by Saab in the 1980s, has been completely re-engineered with new chassis, advanced technology content and increased work capability…

Suppliers benefit from pipelay demand

Oct 18, 2013

IHC Engineering Business, part of IHC Merwede, is benefiting from a demand for greater capacity in the pipelay market. It is currently working on five orders from Seabras Sapura for 550-tonne capacity vertical flex lay systems (FLS) to…

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