Fossil Energy
Petrobras Makes Oil Discovery in Santos Basin Pre-Salt Layer (Brazil)
Brazil’s state-run oil company Petrobras last night announced the discovery of good quality oil in the Transfer of Rights area referred to as Entorno de Iara, in the Santos Basin pre-salt region. Well 1-BRSA-1146-RJS (1-RJS-711), known as Entorno de Iara 1, is located at a water depth of 2,266 meter
Exxon, Statoil to Splash $4 Bln on Julia Development in U.S. GoM
-Exxon Mobil Corporation is commencing development of the Julia oil field in the Gulf of Mexico, the oil giant announced yesterday in a press release. Capital cost for the project, which is expected to begin oil production in 2016, is estimated to be more than $4 billion. The field was discovered in
Deep Down Supplies Umbilical Jumpers for Australian Gas Project
Deep Down, Inc., an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services yesterday announced it has received an order from a major international controls manufacturer for the manufacture and deployment of specialized shor
Shell Starts Drilling at Cebus Well, Offshore French Guiana
Shell has started drilling at Cebus prospect (GM-ES-4), the third well of the current four well exploration programme in the Guyane Maritime Permit (French Guiana), Northern Petroleum, which holds a stake in the permit, has announced. The drilling operations are being conducted with the Stena Ice Ma
Petronas Buys Into OGX’s Campos Basin Blocks for $850 Mln
OGX , Brazil’s largest private oil and natural gas exploration company, announced today that it has entered into an agreement with PETRONAS Brasil E&P Ltda (“Petronas”) to sell a 40% non-operating work interest in BM-C-39 and BM-C-40 blocks, located in the Campos Basin, for a total value of US$850 m
Buccaneer Energy Getting Ready to Spud Cosmo Well (Alaska)
Buccaneer Energy Limited has announced that the Alaskan Oil and Gas Conservation Commission (“AOGCC”) has inspected and certified the Endeavour jack-up rig for operations within Alaskan state waters, this is the final certification required by the Endeavour to be able to commence drilling operations
Husky Hires Technip for Subsea Works at White Rose Field (Canada)
French provider of oilfield services Technip has been awarded by Husky Oil Operations two contracts, for the planned subsea tieback of the South White Rose Extension field. Technip did not disclose the exact combined value of the contracts but said that the value was substantial. For Technip, a “sub
GE Introduces Condition Monitoring and Sensing Solutions for Subsea Sector
GE’s Measurement and Control business today announced two innovative condition monitoring and sensing solutions for the subsea sector: the Acoustic Leak Detection System and the Subsea Multi-Domain Condition Monitoring System. Representing the first products resulting from GE’s acquisition of Naxys
Seadrill Limited Sells T15 Tender Rig
Seadrill Limited (“Seadrill) has today entered into an agreement to sell the companies that own and operate the tender rig T15 to Seadrill Partners LLC for a total consideration of US$210 million, less approximately US$100 million of debt outstanding under the credit facility secured by the T15. The
DSL Derrick Inspectors Training Receives API Accreditation
DSL, an API & IADC certified training provider, has achieved API accreditation of its “Derrick Inspectors” training course and associated exam, in accordance with API 4G & 4F. This is the first Industry recognised training for Derrick Inspectors in the Industry to date, and represents a turning poin
Det Norske: 1Q Results Satisfactory. Jette to Come on Stream in 2Q
Norwegian oil company Det norske oljeselskap ASA today announced that it had a satisfactory first quarter despite recording a net loss of NOK 20 million. The discovery in licence 502 confirmed that the Johan Sverdrup field extends into this licence. The discovery in licence 457 (Asha) is an extensio
US-UAE Business Council Highlights Abu Dhabi’s Global Role in Energy (OTC 2013)
The U.S.-U.A.E. Business Council hosted a dinner on Sunday in Houston honoring visiting senior Emirati delegations, which included many representatives from the Abu Dhabi National Oil Company (ADNOC) and its subsidiaries as well as the Abu Dhabi Chamber of Commerce & Industry (ADCCI). The event took
OTC 2013: EnerMech Invests $20 Mln in Its U.S. Business
Mechanical engineering group EnerMech announced at OTC in Houston that it has invested more than £13 million ($20.2m) as it steps up its drive to cement its presence in the US and Mexico. A recent move to a new 50,000 sq ft workshop, office and storage facility near to Houston’s Energy Corridor has
Stork Dive Trainee Programme Launched (UK)
Scotland’s first graduate training programme for divers has been launched by diver training facility The Underwater Centre and Stork Technical Services (Stork), a global provider of knowledge-based integrity services for the oil and gas, chemical and power sectors. The Stork Dive Trainee Programme i