The recent building boom in jackups will peak in 2010, with more than two dozen new rigs, many without contracts, scheduled to enter a market still trying to dig out from under a global recession. But hopes abound that the market will be able…
The monetary and environmental cost of the 72-day Montara field oil leak which culminated in a devastating two-day platform fire in the Timor Sea has yet to be determined, but the Australian Government has been quick to establish a Commission…
The South Pars gas field, located in the Persian Gulf between Iran and Qatar, is one of the largest independent gas reservoirs in the world. The estimated 14tcm of gas and 18 billion barrels of gas condensates on the Iranian part of the field…
Border disputes, political upheaval and environmental concerns have helped keep offshore E&P in Central America mostly at bay. But activities offshore Nicaragua could signal a change in direction for some countries in the region. Russell McCulley reports…
Scheduled to arrive in US waters in January, the BW Pioneer will become the first FPSO to operate in the US Gulf of Mexico when it goes into service on Cascade-Chinook, Petrobras America’s first development in the region. It will also extend the FPSO operational water depth record to 8200ft…
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