Offshore Regions News - page 1486

 

Petrobras hits with Cidade de Ilhabela

Nov 24, 2014

Petrobras hit first oil with the floating production and storage offloading unit (FPSO) Cidade de Ilhabela in the Sapinhoá field in the pre-salt Santos basin, offshore Brazil. Cidade de Ilhabela. From BG Group…

UK FPSO guidelines published

Nov 24, 2014

Oil & Gas UK has published two updated sets of guidelines to help operators of floating production storage and offloading facilities (FPSOs), floating storage units (FSUs) and offtake tankers to adopt advances in industry good practice. Oil & Gas UK’s operations director…

Babcock completes Total W2W contract

Nov 24, 2014

Babcock has completed a second walk to work (W2W) contract with Total E&P UK, as part of the Elgin B and West Franklin wellhead platforms commissioning in the UK North Sea.  In the seven months from March to September 2014, more than 18…

Has peak oil price passed?

Nov 24, 2014

An underlying growth in global supply capacity, which is significantly outstripping demand, may mean that the world has now passed the peak price for oil, a report commissioned by Gaffney, Cline and Associates (GCA) suggests. The report…

New CEO and CFO at Noreco

Nov 24, 2014

Norwegian Energy Company (Noreco) has installed a new CEO and CFO as it looks to stablize its financial position and following the departure of CEO Svein Arild Killinland. Tommy Sundt, the firm's CFO, takes over from Killingland. Odd Arne Slettebø will replace Sundt as CFO…

Sound Oil eyes bid for Antrim

Nov 24, 2014

Italy-focused independent exploration and production firm Sound Oil is planning to launch a takeover of fellow independent Antrim Energy by making an offer for all Antrim's listed shares.  The move, which values Calgary-headquartered Antrim's issued share capital at £6…

North Sea HPHT order for Plexus

Nov 24, 2014

Engineering services firm Plexus Holdings has received a £1.9 million purchase order from a major oil and gas operator to supply surface wellhead and mudline equipment services for a gas and condensate exploration well in the UK North Sea…

Shell awards Subsea 7 GOM contract

Nov 24, 2014

Subsea 7 has been awarded a US$50-100 million contract by Royal Dutch Shell (Shell) for installation work in the Gulf of Mexico. The scope of work involves the installation of 27 mi. of 8 in. flowlines and steel catenary risers (SCRs)…

Deadly GOM blast occurred during maintenance

Nov 21, 2014

Workers involved in the deadly accident at Fieldwood Energy’s Echo platform at West Delta 105 on Thursday, worked for contractors conducting routine maintenance on the platform, according to the US Bureau of Environmental Enforcement (BSEE)…

DNV GL gets Culzean contract

Nov 21, 2014

Maersk Oil North Sea UK (MOUK) awarded DNV GL a multi-million dollar contract for the Culzean field development project. The Culzean project rendering. From KBR.   Upon the terms of agreement…

Statoil drops out of Kwanza

Nov 21, 2014

Statoil is paying US$350 million to take a “time-out” in its Kwanza exploration drilling program offshore Angola. The Stena Carron. From Stena Drilling.   The Norwegian giant decided…

Petrobras starts-up 5th FPSO in Brazil

Nov 21, 2014

Brazil's Petrobras is bring its Cidade de Ilhabela floating production, storage and offloading (FPSO) vessel onstream to operate in the pre-salt Santos basin, offshore Brazil, according to partner BG Group. Cidade de Ilhabela…

More oilfield deals to come?

Nov 21, 2014

The oil industry was only just coming to terms with Halliburton's offer for Baker Hughes when Technip revealed it had made an offer, albeit rebuffed, for CGG yesterday (20 November).  Colin Welsh, CEO at energy corporate advisory firm Simmons & Company…

Artificial lift technologies examined

Nov 21, 2014

With nearly 40% of today’s oil production coming from mature fields and this figure set to rise according to the Wood Report, maximizing recovery is high on the agenda of oil and gas operators.  There is a significant portion of brown…

QinetiQ acquires processing capability

Nov 21, 2014

QinetiQ has acquired the seismic processing and imaging capability of SR2020 Inc. for up to US$1.7 million. The deal, completed yesterday (20 November), will accelerate the development of QinetiQ subsidiary OptaSense by providing it with…

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