Norberto Odebrecht, who founded one of Latin America’s largest engineering companies, Odebrecht, died Saturday of heart failure in Salvador, Bahia, Brazil. The founder and honorary chairman of the Odebrecht Group, built a successful business with a 70-year history…
Business is good in the oilfield, and as increased production and steady commodity prices contribute an influx of cash, operators are reinvesting in themselves, expanding their share buyback programs. Management usually says that…
Houston-based McDermott International won a contract to provide transportation and installation services to Walter Oil & Gas Corp. for the Megalodon platform in South Timbalier Block 311 in the Gulf of Mexico. McDermott will provide all…
IHS' Chief Upstream Strategist Bob Fryklund addresses 2014 Offshore Technology Conference. Photo: Audrey Leon/OE. Mozambuque is thought to be the jewel in East Africa's crown, but will its abundant gas resources pay off for the country…
BG Group used Odfjell's Deepsea Metro I drillship for the Sunbird-1 in Block L10A this year. Photo from BG Group. Offshore East Africa is among the newest frontier exploration regions, with results of wildcats eagerly awaited…
The Republic of Gabon’s Ministry of Petroleum announced today that it has selected seven companies to participate in a final round of negotiations for deepwater blocks in the offshore licensing tender round from October 2013. The Ministry said Impact Oil & Gas…
Tanzania is home to several recent gas discoveries. Yet the country's most recent licensing round doesn't reflect that story. Sarah Parker Musarra discusses why. With players like Statoil, ExxonMobil, BG Group and Ophir celebrating success in the waters off Tanzania…
Harvest Natural Resources Inc. announced today that a Declaration of Commerciality (DOC) has been signed with the Gabonese Republic (Gabon) pertaining to the Dussafu Marin permit offshore Gabon. This follows Gabon's award, on 17 July…
FPSO, deepwater riser and subsea architecture. Photos from Flowsure. Ensuring successful fluid flow has always been at the heart of the oil and gas industry. However, it is only in the last…
2H Offshore has joined Blue Mining, an international consortium comprised of 19 industry and research organizations, to develop deepwater mining solutions. Over the next four years, the European Commission-funded project is developing…
The Congolese Minister of hydrocarbons, André Raphael Loemba, and Eni CEO, Claudio Descalzi, in the presence of President of Congo, Dennis Sassou Nguesso, and the Italian Prime Minister, Matteo Renzi, have signed a cooperation agreement,…
Drilling has started at the Domino-2 appraisal well in the deepwater sector of the Neptun Block offshore Romania in the Black Sea, says OMV Petrom. OMV Petrom is a partner on the block with ExxonMobil Exploration and Production Romania…
With Pieter Schelte, the figures alone are impressive: 382m-long, 124m-wide, and with a slot width of 59m, it can remove topsides up to 48,000 tonnes in a single lift, potentially revolutionizing large decommissioning projects. The new…
Singapore's Maritime and Port Authority (MPA) has said three people have died after a semisubmersible barge underdoing trials sank 2 nautical miles northeast of Sekupang, Batam, Indonesia, on Friday (18 July). The barge was the POSH MOGAMI…
Sonasing's FPSO, the N'Goma, is ready to sail away from the Angolan Paenal Yard, Port Amboim, after a naming ceremony, held Saturday (19 July). The N'Goma will be moved to ENI's West Hub project in Angola offshore Block 15/06, where it…
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