Singapore-based KrisEnergy Ltd. has added an operatorship offshore Indonesia, and also announced it will not acquire the G3/48 exploration licence in the Gulf of Thailand. KrisEnergy announced in January that it had been seeking a 60%…
On 20 Feb, oil production in fields operated by Petrobras in the Santos and Campos Basin pre-salt accumulations rose to 407,000bpd, a record daily output. It has taken eight years to achieve this level of output since initial discovery in 2006…
Energy production technology services company Proserv has bought KRG Industries Ltd from majority shareholder Torishima Pump Mfg. Co. Ltd, (Torishima) in Japan. KRG provides precision engineering services to the oil and gas and aerospace and defense industries…
GDF SUEZ announced that the Amstel field oil production has started from its newly installed Q13a-A production platform off the Dutch coast. After the acquisition of 50% into the Q13a offshore production license in 2010, GDF SUEZ Dutch…
Results of the first well drilled in the Atlanta post-salt oil field off Brazil were better than operator Queiroz Galvão Exploração e Produção (QGEP) and its partners anticipated, according to an announcement the Brazilian company made Wednesday…
A closer look at the integration and delivery of first oil in Mars B through the Olympus tension-leg platform.
Waves of progress. With several mega projects underway, OE asked: Can floating LNG be done economically on a smaller scale? The obvious answer is that we believe so, but it depends on the application. Wison Offshore & Marine sees smallerscale…
During Q4 2013, Iona produced on average 3280 boe/d as Huntington ramp-up continued to increase following the previously announced curtailment of production by the operator of the Central Area Transmission System from mid-September to late November 2013…
The North Sea Enoch oil field is due back on stream in early 2014, following restoration work on a new subsea tree and production testing. The Enoch field is on the border between the Norwegian and UK continental shelf, inBlock 15/5,in the southern part of the North Sea…
BPZ Energy announced positive year-end results from Block Z1, off Peru. The company said that it boosted Block Z1's current gross production levels in excess of 4,900 bo/d, and that several more development wells are planned to be drilled in the area…
FMC Technologies Inc. announced today that it signed a 3-year contract with Pemex Exploration and Production to manufacture and supply surface wellheads to support drilling and well maintenance programs in the Gulf of Mexico. The award…
Iceland’s National Energy Authority, Orkustofnun, granted a license for the Dreki area to CNOOC Iceland ehf, Eykon Energy ehf, and Petoro Iceland AS in the third and final round for the region. CNOOC Iceland, subsidiary of CNOOC International ltd…
Viper Subsea’s V-LIFE is increasing insulation resistance to extend subsea systems’ life expectancy. It is well understood that water and electricity don’t mix well. Since the advent of electro-hydraulic control systems, this fact has…
Petrobras' proven pre-salt reserves are up 43% in 2013. Since 2007, the company has been adding increasing amounts to its proven reserves coming from the pre-salt layer, which extends from the south of the state of Espírito Santo to the state of Santa Catarina…
Freeport-McMoRan Copper & Gold (FCX) is one of the world’s largest mining companies, but it is expanding its interests in North American oil and gas. FM O&G has about 1200 Houston-based employees, and has additional offices in California…