OneSubsea has been awarded a US$330 million subsea production systems contract for a gas project offshore North Africa. The scope of supply for the 13-well development includes subsea production equipment, tooling, and installation and commissioning services…
Kosmos Energy hit additional hydrocarbon pay at its Tortue-1 exploration well offshore Mauritania, western North Africa. Mauritania map. From Kosmos. Tortue-1 is located in Block C8…
Karoon Gas Australia made a discovery at the Echidna-1 exploration well, the third in the Santos drilling campaign, offshore Brazil. Image from Karoon. According to the Australian company…
The rapid and aggressive response by oil and gas companies to low oil prices has stabilized the sector; the price required for companies to be cash flow neutral in 2015 has dropped by over US$20/bbl to $72/bbl. Wood Mackenzie believes further…
Statoil confirmed its second discovery in the Aasta Hansteen area with the Roald Rygg prospect in the Norwegian Sea. Map of Roald Rygg. From Statoil. The gas discovery was made at…
OE’s Audrey Leon spoke with Scott Cummins, Senior Vice President, Commercial, McDermott about the opening of Mexico’s oil and gas industry and what effects it will have on both McDermott and the industry at large. Welder…
OE’s Audrey Leon spoke with Dr. Bruno de Ribet, a geophysicist and technology global director at Paradigm, about the opening of Mexico’s oil and gas industry and what effects it will have on both the country’s seismic scene. Please explain…
Most of the Mexican side of the Gulf of Mexico remains unexplored. Dan McConnell explores the geotechnical knowns and unknowns in the basin. Acquiring geotechnical data for platform foundation design in Mexico’s Bay of Campeche…
Eckhard Hinrichsen analyses the race for oil and gas reserves as the market liberalizes. The Mexican energy industry is at last open to foreign companies. Investment opportunities abound as the important first licensing rounds loom. The…
National Ocean Industries Association (NOIA) president, Randall Luthi, joined API’s Jack Gerard and IADC’s Stephen Coleville this morning to discuss improvements in offshore safety since the Macondo Well accident five years ago. Luthi’s…
Seaway Heavy Lifting entered into a contract with Cardon IV in Venezuela for transportation and installation of the Perla project gas production platforms complete with tie-in of the subsea infrastructure. The Perla development consists…
Siemens is opening its new oil and gas headquarters in Houston. Siemens managing board member Lisa Davis, who leads Siemens’ oil and gas and power generation businesses, will be based in the West Memorial Drive office in Houston’s energy…
India’s Reliance Industries’ (RIL) MJ Discovery is estimated to have 1.4 Tcf of unrisked contingent resources offshore India, according to partner Niko Resources. MJ Discovery map. From Niko. The…
Reservoir engineers are getting to grips with automatic flow control devices to limit water cut and gas breakthrough – just as they did with their passive forbearers, explain Benn A Voll, Ismarullizam Mohd Ismail, and Iko Oguche. Fig…
Wood Group Kenny’s Luis F. Garfias outlines the challenges relating to material selection and testing for eventual use in harsh environments. Photo by Robert Callaway. The increasingly…