Statoil and its Peregrino field partner Sinochem submitted its US$3.5 billion development plan for the Peregrino Phase II project to Brazilian regulator, the National Agency of Petroleum, Natural Gas and Biofuels, at the end of January, the Norwegian explorer announced on 27 February…
The Mariner heavy oil discovery on the East Shetland Platform in UK block 9/11 will be one of the largest offshore developments on the UK Continental Shelf in more than a decade. Meg Chesshyre checks on its progress. Chris…
Danish saftware specialist SafeEx has developed software for Ex inspection and registration now deployed on three FPSOs, with more orders expected. Traditionally, Ex inspections have been conducted with pen and paper as well as subsequent…
Odfjell Drilling and William Jacob Management (WJM) signed a cooperation agreement under which the companies will mutually deliver engineering services of offshore drilling facilities to the global energy market. The services will include conceptual and FEED studies…
Statoil's Brazilian business unit has exercised the first of two options to extend its contract with Archer for the provision of platform drilling management services on the Peregrino field development. The original contract was for a fixed four-year term…
ConocoPhillips has extended its contract Archer Ltd. for the provision of platform drilling services for the Greater Ekofisk Area. The Greater Ekofisk Area is located in the southern part of the North Sea, 300km southwest of Stavanger…
Geoscience firm CGG and Russia's Sovcomflot have agreed to form a joint venture company dedicated to conducting high-end 3D marine seismic acquisition services with a focus on Arctic and sub-Arctic waters. The joint venture, to be called Arctic Geophysical Exploration (AGE)…
The Statoil-operated Peregrino field, one of Brazil’s most significant offshore producers, is a wealth of resources, including Norwegian- developed technology. Sarah Parker Musarra chatted with Statoil Brazil Country President Thore E. Kristiansen…
Agência Nacional do Petróleo, Gás Natural e Biocombustíveis (ANP) cleared Statoil to enter the São Bernardo discovery in Espírito Santo (pictured, image courtesy Statoil), the Norwegian company announced. The São Bernardo oil discovery…
Innovation was a key theme at the opening plenary at OTC Brasil 2013 this week. Renato Bertani, CEO of Barra Energia do Brasil and president of the World Petroleum Council discussed how innovation has changed the oil and gas industry for the better…
South Korea's STX Offshore & Shipbuilding Co. Ltd. launched SCF Melampus, the first of two ice-class LNG carriers ordered by Sovcomflot OJSC. The first vessel is to be delivered in late 2014; the second in early 2015. STX signed the $400million contract to build the two 170…
The FPSO market appears to be emerging from the economic downturn stronger than ever, with new project awards and forecasted capital expenditure expected to gain momentum throughout the next five years. While challenges certainly remain…
Peregrino Platform (Photo: Øyvind Hagen / Statoil)Statoil works out $40M Espirito Santo farm-in Statoil has acquired 25% interest in Espirito Santo license BM-ES-22A off Brazil, the company announced on 27 December 2012.Brazilian mining…
Some notable heavy oil projects offshore Brazil are entering advanced phases to increase or maintain production. Russell McCulley reports from Rio de Janeiro on the latest developments at three Campos Basin fields – Statoil’s Peregrino, Petrobras’…
Statoil and its partner Sinochem have agreed to purchase the Peregrino FPSO from A.P. Moller-Maersk Group. The floating production, storage and offloading unit has been in use at the Statoil-operated Peregrino field in Brazil since production start-up in 2011…