Latest News - page 2726

 

Brazil licensing round attracts $1.4B

May 15, 2013

ANP, Brazil's National Petroleum Agency, announced the winners of its 11th Licensing Round - the first round since 2008, which was held on 14 May 2013 in Rio de Janiero. The agency said there was record interest in the round with 39 companies from 12 countries participating…

Tanzania to hold licensing round in October

May 15, 2013

The Government of the United Republic of Tanzania through Tanzania Petroleum Development Corporation (TPDC) announced the 4th Tanzania Deep Offshore and North Lake Tanganyika Licensing Round. The 4th Tanzania Offshore Licensing Round…

Lengo-2 drill stem test achieves 21.2 mmscf/d

May 14, 2013

Lengo-2 drill stem test achieves 21.2 mmscf/d AWE Limited (ASX: AWE) reports that a second successful Drill Stem Test (DST) has been conducted at the Lengo-2 appraisal well, offshore Indonesia, achieving a maximum gas flow rate of 21…

Buccaneer spuds Cosmo well

May 14, 2013

Buccaneer Energy has spud the shallow water Cosmo No. 1 well located in Alaska's Cook Inlet, near Anchor Point on the Kenai Peninsula, the company announced on 13 May 2013. Buccaneer used the Endeavour - Spirit of Independence jack-up rig…

Fires and explosions a growing liability concern

May 14, 2013

Oil and natural gas industry operations managers, health and safety managers, as well as plant and facility superintendents and engineers face increasing liability issues created by fires and explosions, according to a white paper released by Scorpion Protective Coatings Inc…

ThoughtStream: Identifying deepwater challenges

May 14, 2013

As subsea projects continue to increase in size and complexity, they are also more frequently executed in deepwater and harsh environments.  As well as having the vessels and ROVs with the capabilities to execute the scopes, and the expert…

Colloquy: Changes loom in Mexico

May 14, 2013

COLLOQUY: Editor's Column The structure of the Mexican oil industry is on the verge of change, driven by a need to increase revenues and build reserves. The consensus is that Mexican fields are aging, production is declining, and although…

Sembmarine SLP Ltd. granted license to use SeaHarvester and SeaHorse technology

May 14, 2013

Houston-based Seahorse Platform Partners Ltd. granted UK-based Sembmarine SLP Ltd., a subsidiary of Sembcorp Marine, an exclusive license to use its SeaHarvester and SeaHorse technology in the design and construction of minimum facilities platforms in the UK’s territorial waters…

Rosneft partners with Grubkin Russian State University of oil and Gas

May 14, 2013

Rosneft partnered with Grubkin Russian State University of oil and Gas to develop a new training program for offshore drilling supervisors. The one-year program includes seven, full-time two-week modules. Courses will include expert lectures…

Subsea 7 nets Pemex work

May 14, 2013

Pemex awarded Subsea 7's Mexican joint venture its second contract for work at the Line 67 Project in the Bay of Campeche, the E&C services company announced on 14 May 2013. The contract's value is estimated at US$90 million. The scope of work includes the engineering…

Marine Cybernetics wins Petrobras contract

May 14, 2013

Marine Cybernetics AS (MC) recently signed its first contract for delivery of HIL testing (Hardware in the Loop) to a total of six mobile offshore drilling unit (MODU) newbuilds to be hired by Petrobras in Brazil. HIL testing is a proven methodology that is used in many other industries…

Noble bags Mariner drilling

May 14, 2013

Drilling firm Noble Corp. has been awarded a four-year drilling contract for work on the UK North Sea Mariner project using a new Cat J jack-up with Norway's Statoil. The contract is worth $655 million and includes a one two-year option…

Shell outlines deepwater Stones project

May 14, 2013

Royal Dutch Shell plc (Shell) has announced a final investment decision in the Stones ultra-deepwater project, a Gulf of Mexico oil and gas development expected to host the deepest production facility in the world. This decision sets…

Toyo wins P-74 topsides

May 13, 2013

Brazil's Petrobras awarded Toyo Engineering Corp. affiliate, Estaleiros do Brasil Ltda. (EBR), an EPCI contract for its P-74 FPSO, Toyo announced on 13 May 2013. The contract was awarded by Petrobras Netherlands BV. The scope includes…

Ulstein names Blue Thunder

May 13, 2013

Ulstein Verft delivered Blue Thunder, the fourth of six medium-sized platform supply vessels of the PX121 design from ULSTEIN to Blue Ship Invest, on Monday 13 May 2013. Owned by Blue Ship Invest, a wholly-owned company in Ulstein Group…

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