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…
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…
Salamander Energy announced first oil at its Bualuang Bravo platform in the Gulf of Thailand. The Atwood Mako drilled development well BB-04-H, which is expected to produce 1500b/d. With a 15-well development planned, Salamander expects production to increase to around 14,000b/d in 2013.
During the past few years, annual change in global oil demand has been running 0.8-1%/year and the International Energy Agency (IEA) forecasts it to continue in that range in 2013 – well below the previous 20-year 1.5% average annual increase seen before the global banking crisis…
Andrew McBarnetIf there was such a thing as an annual horoscope for the marine seismic and related geophysical businesses, then in the coming year we can expect at least some improvement on 2012. In other words, unless there is some totally unexpected destabilizing economic…
Sapinhoá field begins production off BrazilSapinhoá mapCommercial production has begun at Sapinhoá field, Repsol announced on 8 January 2013.The field, run by a consortium of Repsol, Petrobras and BG Group, is located in Block BM-S-9 in Brazil’s pre-salt region…
Understanding the environmental conditions at a site are important to determine when offloading operations need to be suspended or when an offloading tanker needs to be disconnected. BMT Argoss naval architect Wojciech Misiag explains why optimising…
In his keynote speech at the ITF technology showcase, BP North Sea regional president Trevor Garlick spoke of his personal determination to ensure his company takes a leadership role in technology in the North Sea. He noted that relative to…
Cidade de Itajaí (Photo: OOG)OOG-TNK unit arrives at Brazil's Santos BasinThe FPSO Cidade de Itajaí has arrived in the Santos Basin, Petrobras announced on 2 January 2013.The OOG-TKP vessel arrived on 29 December and will be connected to…
Liuhua 11-1 (Photo: CNOOC)Production starts at two S. China Sea fields CNOOC Limited announced that Panyu 4-2/5-1 oil field adjustment project and Liuhua 4-1 oil field located in the Pearl River Mouth Basin of South China Sea, successfully commenced production…
Martin Linge field illustrationTotal picks Technip for Martin Linge topsidesTechnip, leader in a consortium with Samsung Heavy Industries (SHI), was awarded by Total E&P Norge, a contract for the Martin Linge development project located approximately 180km west of Bergen…
Sabine Pass LNG2MPTA will be bought from Sabine LiquefactionCheniere Energy Partners announced that its subsidiary Sabine Pass Liquefaction has entered into a liquefied natural gas sale and purchase agreement (SPA) with Total Gas & Power North America…
Lankhorst Ropes offshore division has relocated its Portuguese production facility for deepwater mooring ropes and single point mooring (SPM) hawsers to a new purpose-built factory on the coast at Viana do Castello, about 80km north of Porto…
Hummingbird Spirit FPSOHummingbird FPSO heads to Antrim’s Fyne FieldAntrim Energy is to charter the circular FPSO Hummingbird Spirit for operations on its Fyne field in the UK's Central North Sea when it comes off its current program working for Centrica at Chestnut…
Pangea aims to build Texas LNG facilityPangea LNG is seeking approval to build a liquefied natural gas export facility at Corpus Christi Bay, Texas, the company announced on 30 November 2012.Pangea has filed an application with the U.S. Department…
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