Analysis: Perspectives President Enrique Peña Nieto recently announced that he will send a “transformational” energy reform bill to Mexico’s Congress in the coming months in an effort to attract the private capital and expertise required to develop Mexico’s deepwater and shale deposits…
Shell Philippines Exploration B.V. awarded Royal Boskalis Westminster N.V. a contract to install a Depletion Compression Platform (DCP) for the Malampaya Project off Palawan Island, in The Philippines. The contract is worth about US$60 million and will be completed in 2014.
ExxonMobil chose Oceaneering International Inc. to supply production control umbilicals for its US$4 billion Julia development in the Gulf of Mexico. The order is for a 14mi.-long (22.5 km), electro-hydraulic, steel-tube umbilical. The umbilical will supply hydraulic control fluids…
PTTEP Australasia achieved first oil from the Montara field in the Timor Sea off Western Australia. The Montara Venture FPSO started production at the H2 well in early June. The company expects to ramp production to 21,000bo/d with first off-take of oil from the FPSO occurring by August…
North Caspian Operating Company (NCOC) began work to start production of Kashagan field in the Caspian Sea. The first phase will see production from eight wells on an artificial island complex. Wells, pipelines, and the Bolashak Onshore Processing facility have been completed…
CNR International signed a production sharing contract (PSC) for Block CI-12 off Cote d’Ivoire (Ivory Coast), with a 60% working interest. CNR International will operate the block, located west of the company’s Espoir and Baobab fields, in 250-300m water depths…
Petrobras set a new presalt production record in May 2013 with output of 322,100bo/d, an 11,000bo/d increase from its previous record of 311,500bo/d set the prior month. The company also achieved record output in Espírito Santo, with a monthly average figure of 322…
The North Caspian Operating Company B.V. (NCOC) announced the introduction of sweet gas into the offshore facilities on the artificial D Island and the lighting of the flare, a further major milestone in the start-up of the Kashagan oilfield…
Statoil used the world’s second largest crane vessel, Saipem 7000, to lift and transport the 10,600-ton topsides module from Aibel’s shipyard in Haugesund, Norway on Wednesday, 17 July. Transit to the Gudrun field, in license area PL025 of the Norwegian North Sea…
All eyes are on Mozambique as significant natural gas finds are set to turn the East African country into a major LNG player, but are oil riches on the horizon? Mozambique’s prolific Rovuma basin holds 12 offshore discoveries within a 50km radius…
Petrobras leads subsea pumping development to overcome deepwater production problems Subsea boosting has evolved since the first subsea multiphase pump was installed, in 1994, by Shell at Draugen field in the Norwegian Sea. That pump…
BP and China National Offshore Oil Corp. (CNOOC) Ltd. signed a production sharing agreement for Block 54/11 in the South China Sea, the two companies confirmed on July 16. The block covers 4586sq km in water depths ranging from 370-2300m…
Shell’s largest tension leg platform began its trek from the Kiewett Offshore Services yard in Ingleside, Texas to Shell’s Mars field in the Gulf of Mexico over the weekend of July 13, 2013. The Olympus, a 120,000-ton, 406 ft-high platform is being transported by tugboats…
Cidade de Paraty in production FPSO Cidade de Paraty went on stream, beginning production from the Lula Nordeste field in the Santos Basin presalt play. It is about 300km off Brazil, in the northeast corner of Block BM-S-11. The FPSO can process up to 120…
Malaysia Marine & Heavy Engineering (MMHE) shows how the Gumusut-Kakap semi-FPS, which was delivered to Sabah Shell Petroleum Company in July, came together from beginning to load out at its Pasir Gudang yard.