Statoil discovered new oil resources in the D-structure at well 25/8-18 S in PL169, near the Grane field, in the North Sea. Map from Statoil. The D-structure is located on the Utsira High…
NOV has restructured into three business segments: NOV Rig Systems, NOV Wellbore Technologies, and NOV Completion & Production Solutions. NOV Rig Systems makes and supports drilling solutions, designing and manufacturing drilling equipment components…
Perth, Australia-based Woodside Petroleum will farm into 30% of the Tilapia production sharing contract offshore Cameroon, the company announced on 14 October. The company signed an agreement with Tilapia partners Noble Energy and Glencore for the block…
AccessESP unveiled its next generation, rigless electric submersible pump(ESP) conveyance system, Access375. Access375 is the fourth generation, single section, permanent magnet motor and is one fifth the length and weight of a conventional induction motor…
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…
Expro obtained a US$50 million contract to supply a high rate well testing package and ancillary services for the Inpex-operated Ichthys LNG Project, off Australia. Upon the terms of agreement, Expro will provide well testing, large bore subsea landing string…
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…
Petroleos Mexicanos (Pemex) awarded the Houston-based, Cameron-Schlumberger joint venture OneSubsea, a US$270 million subsea production systems contract for the Lakach deepwater project offshore Mexico. The Lakach project is the first deepwater subsea field to be developed by Pemex…
CNOOC Ltd. began production on its Enping 24-2 oilfield in the Pearl River Mouth Basin off the South China Sea. Enping 24-2 has an average water depth of approximately 86m to 96m. The main production facilities include one drilling and production platform…
Odebrecht and Teekay received a letter of intent from the Libra consortium to charter an FPSO for the extended well test campaign in the Libra area of the Santos Basin pre-salt, offshore Brazil, Petrobras announced on 10 October 2014. The…
Refinery safety remains paramount as production continues its upward swing as equipment and people end up pressed to increase a facility’s capabilities. It is no secret with new technologies for fracking and drilling that are giving a…
A fire at an offshore natural gas platform in Alaska’s Cook Inlet forced four workers to evacuate and destroyed the crew’s living quarters. According to officials, no one suffered injuries and the environmental risk was minimal. Photo from Nikiski Fire Dept…
Yinka Folawiyo Petroleum and joint venture partners made the final investment decisions to develop the Aje Cenomanian oil reservoir in the OML 113 license in Nigeria. Map of the Aje field. From Panoro…