Former senator Salazar to return to Colorado Interior Secretary Ken Salazar (Photo: DOI)U.S. Department of the Interior Secretary Ken Salazar will resign his position at the end of March, the agency announced on 16 January 2013.As secretary…
Chevron grabs 75% stake in 3 deepwater areasClick to view larger mapChevron subsidiary, Chevron Morocco Exploration Ltd, has signed petroleum agreements with Morocco's Office National Des Hydrocarbures Et Des Mines for three offshore areas…
Shell picks Subsea7 for Fram pipeline bundleFram field set up (Photo: Shell)Shell has awarded Subsea 7 a $135 million contract for work on its Fram oil and gas development in the central North Sea.Subsea 7 will handle the engineering…
Due diligence period extended to February 8 West Vencedor (Photo: Seadrill)Seadrill and SapuraKencana have extended the validity period of its non-binding agreement to fold Seadrill's tender rig business into SapuraKencana Petroleum Bhd…
Reef Subsea contracts newbuild Olympic ReefOlympic Reef (Photo: Reef Subsea)Reef Subsea has signed a five-year plus options charter for a new-built DP subsea construction vessel from Olympic Shipping AS in Norway. The vessel, to be named Olympic Reef…
Eni discovers oil and gas pay at Sankofa wellTesting at Sankofa-2 ST (Photo: Vitol)Eni successfully drilled Sankofa East 2A, the first appraisal well of the Sankofa East oil discovery in the Offshore Cape Three Points (OCTP) block, located in the Tano Basin offshore Ghana…
Chevron signs up for South China Sea acreageChevron China and China National Offshore Oil Corp. (CNOOC) have entered into production sharing contracts (PSC) for two exploration blocks in the South China Sea, the company announced on 16 January 2013…
Time is the most critical factor when dealing with an Arctic oil spill, says Steve Potter, principal consultant, SL Ross. Small spills can usually be handled by onsite personnel with rig- or platform-based boats and booms. Larger spills require more resources…
Giuseppe Caselli appointed COO for Saipem E&CUmberto Vergine, Saipem CEOSaipem announces that Giuseppe Caselli, formerly Chief Operating Officer for the Drilling Business Unit, has been appointed Chief Operating Officer for the Engineering & Construction Business Unit…
IHC syncs build of three Brazil-bound vesselsKeel-laying pipelay vesselIHC Merwede is building three 550t pipelaying vessels simultaneously at its Krimpen aan den IJssel yard in The Netherlands. The keel-laying ceremony for the first…
TGS commences 3D data acquisition off LiberiaPolarcus Asima vesselTGS has commenced acquisition of a 3D multi-client survey, Sunfish, which covers up to 7,800 km2 of highly prospective acreage in the Harper Basin, offshore Liberia.…
EMGS wins contract for 3D EM data acquisitionBOA Thalassa vesselEMGS has received a Letter of Intent for a contract totaling approximately six months of 3D EM data acquisition in Asia. Final confirmation and award of the program is dependent on the customer's internal Tender Board approval…
Hebron estimated to hold 700 million barrelsThe Hebron Gravity Based Structure (GBS), is the 4th offshore development offshore Newfoundland. The project is to be sanctioned in 2012, and start-up is expected in 2017.On December 31st, 2012…
Engineers from the US Woods Hole Oceanographic Institution (WHOI) have developed a new wireless underwater communication system to control ROVs in real-time. This new method may eliminate the need for long tether cables, offering a new degree of freedom in underwater robotics…
Statoil receives 14 licenses during APA roundMinister of Petroleum and Energy Ola Borten Moe (Photo: Lise Rist / OED)Forty companies walked away with shares in 51 new production licenses as part of Norway’s 2012 APA Round, the country’s…