In October, Newpark Drilling Fluids named Phil Vollands president of North America. Vollands is focused on growing the business and positioning Newpark Drilling Fluids as the leader in water-based fluid technology. Vollands has plenty of industry experience…
Statoil Petroleum has made a small gas discovery on the 7325/1-1 well on production license (PL) 615 in the Barents Sea. The well was drilled about 56km northeast of the Wisting Central oil discovery 7324/8-1, operated by OMV, in the Barents Sea…
Fugro has opened a new, 7000sq m facility in the SONILS Oil Service Centre in Luanda, Angola. Angola is now the second largest oil producer in Sub-Saharan Africa, after Nigeria, the firm said. “Our new site demonstrates Fugro’s strong commitment to the Angolan market…
INTECSEA UK has been awarded a subsea front-end engineering and design (FEED) contract for Maersk Oil UK's US$4.7 billion Culzean ultra-high-pressure, high-temperature development in the North Sea. The contract, which includes optional…
Statoil has resumed oil and gas production on the Njord A floating steel platform in the Norwegian Sea after a major reinforcement of the platform structure. Njord A, which produces the Njord and Hyme fields, had been shut down since…
Italian contractor Saipem awarded Singapore-based Sembcorp Marine a US$484 million contract to convert two FPSOs for Total’s Kaombo project offshore Angola. Sembcorp subsidiary Sembawang Shipyard will convert two very large crude carriers…
Both Gabon and the Democratic Republic of Congo (DRC) in Kinshasa are rejecting Angola's proposed changes to the maritime borders, in which Angola seeks to increase its continental shelf length by more than 200mi. Gabon and the DRC have…
Norberto Odebrecht, who founded one of Latin America’s largest engineering companies, Odebrecht, died Saturday of heart failure in Salvador, Bahia, Brazil. The founder and honorary chairman of the Odebrecht Group, built a successful business with a 70-year history…
Business is good in the oilfield, and as increased production and steady commodity prices contribute an influx of cash, operators are reinvesting in themselves, expanding their share buyback programs. Management usually says that…
Houston-based McDermott International won a contract to provide transportation and installation services to Walter Oil & Gas Corp. for the Megalodon platform in South Timbalier Block 311 in the Gulf of Mexico. McDermott will provide all…
IHS' Chief Upstream Strategist Bob Fryklund addresses 2014 Offshore Technology Conference. Photo: Audrey Leon/OE. Mozambuque is thought to be the jewel in East Africa's crown, but will its abundant gas resources pay off for the country…
BG Group used Odfjell's Deepsea Metro I drillship for the Sunbird-1 in Block L10A this year. Photo from BG Group. Offshore East Africa is among the newest frontier exploration regions, with results of wildcats eagerly awaited…
The Republic of Gabon’s Ministry of Petroleum announced today that it has selected seven companies to participate in a final round of negotiations for deepwater blocks in the offshore licensing tender round from October 2013. The Ministry said Impact Oil & Gas…
Tanzania is home to several recent gas discoveries. Yet the country's most recent licensing round doesn't reflect that story. Sarah Parker Musarra discusses why. With players like Statoil, ExxonMobil, BG Group and Ophir celebrating success in the waters off Tanzania…
Harvest Natural Resources Inc. announced today that a Declaration of Commerciality (DOC) has been signed with the Gabonese Republic (Gabon) pertaining to the Dussafu Marin permit offshore Gabon. This follows Gabon's award, on 17 July…
