Deeper and more difficult reservoirs are demanding different concepts offshore West Africa, including tension leg platforms. Jérôme Iacovella and Pauline Beraud discuss the options. The Moho Nord TLP design…
Indonesian based MedcoEnergi announced it has reached an agreement to acquire 100% ownership of Storm Ventures International Ltd. (SVI) for a base purchase price of US$ 114.03 million, excluding an amount payable for working capital which is subject to a customary post-closing adjustment…
The Oyo-8 development well, located offshore Nigeria in OML 120, was spudded on 15 June 2014, operator CAMAC Energy Inc. announced. The Oyo-8 well, which CAMAC Energy owns and operates with 100% interest, lies within the Oyo field, which…
UK-based operator EnQuest has agreed to acquire ExxonMobil Exploration and Production Malaysia’s interest in the Seligi oil field and the PM8 PSC, offshore Malaysia, subject to approval by Petronas and conditions. The acquisition will…
The US Department of the Interior has opened its new five-year Outer Continental Shelf (OCS) offshore oil and gas leasing plan to public comment, the agency announced on 13 June 2014. DOI said the publication in the federal register of…
KNOT Offshore Partners LP formed an agreement with Brazil Shipping I Ltd., an affiliate of BG Group, for the time charter of shuttle tanker Windsor Knutsen, the company announced on 13 June 2014. The charter has an initial term of two years…
North Caspian Operating Co. BV (NCOC), the seven-company consortium behind Kashagan development, confirmed 12 June that production is not expected to resume in 2014. It appears that “both oil and gas lines might have to be fully replaced…
Dutch floating platform leaser SBM Offshore NV will not participate in the upcoming Petrobras Tartaruga Verde and Libra tenders, the company announced 12 June, adding that the decision resulted from conversations held between the two giants on 28 May…
The US Energy Information Administration (EIA) announced on 10 June that they predict US oil and natural-gas production in the Gulf of Mexico is at low risk of hurricane-related production outages for the 2014 hurricane season. The EIA…
FTS International, based in Ft. Worth, Texas, announced today that it has signed a 15-year joint venture agreement with Sinopec Group to bring its well stimulation capabilities and expertise to China. Hydraulic fracturing is recognized as one of the keys to unlocking production in shales…
The North Caspian Operating Co. BV (NCOC) appointed ExxonMobil secondee Stephane de Mahieu as managing director effective 1 May. De Mahieu succeeds Pierre Offant, who was appointed managing director of NCOC in 2008, after the Republic…
EnergyMakers' Russ Capper interviews SBM Offshore's Group Technology Director Michael Wyllie about the company's very high pressure (VHP) fluid swivel technology. The swivel earned SBM Offshore a Spotlight award at the 2014 Offshore Technology Conference in Houston…
RWE Dea has achieved 30 years oil production in the Gulf of Suez. The company has produced over 640 million bbl of crude during these three decades. Ongoing investments in modern technology and infrastructure have maintained high production levels…
Houston-headquartered Merrick Systems is spearheading an effort to develop a standard for oil and gas production reporting between partners with Energistics, a nonprofit organization created to serve as a neutral body to facilitate and manage technical open data exchange…
Ithaca Energy opted to extend its contract with BW Offshore's BW Athena FPSO, the Olso, Norway-based vessel owner announced on 6 June 2014. The original contract, signed in 2010, covered a service period from 2012-2015. Ithaca Energy…
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