BG Group today issued a material upgrade for its interests in the pre-salt Santos Basin, offshore Brazil. Mean Total Reserves and Resources* are now estimated to amount to some 6 billion barrels of oil equivalent (boe) net to BG Group, with an upside potential of 8 billion boe net. Existing discover
The Helix Well Containment Group (HWCG) announced today that it is now capable to respond to a subsea well containment incident in water depths of up to 10,000 feet. The consortium previously announced its intention to achieve this milestone by mid-summer, and has achieved this ahead of schedule. Pr
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) released a Draft Supplemental Environmental Impact Statement (SEIS) for proposed oil and gas Lease Sale 216/222 in the Central Planning Area in the Gulf of Mexico. The draft SEIS updates the findings in several previously pub
EOC Limited (EOC or the Group), one of Asia’s leading providers of offshore construction and production services to the oil and gas (O&G) sector, has added to its contract backlog, with a new award for the Lewek Chancellor. Under the contract with a French oil major, the Group’s accommodation and co
The first barrels of crude oil started flowing from Hibernia South last weekend – meeting ExxonMobil Canada’s forecast of first oil by … By Moira Baird (The Telegram) [mappress] Source:TheTelegram , June 29, 2011;
On June 27, SOCAR President Mr. Rovnag Abdullayev and Company management visited the Oil Rocks offshore field. During the meeting, SOCAR management was accompanied by representatives of “Azneft” Production Unit and of other enterprises. Mr. Abdullayev and SOCAR officials visited the monument to the
Mechanical engineering group, EnerMech, is on a major recruitment drive as it forecasts its workforce will grow by one-third from 750 to 1000 by the end of 2011. The Aberdeen-based oil services company currently has 80 vacancies but is hoping to attract ex-military personnel and plans to open two ne
Schlumberger announced today the acquisition of the remaining equity shares from Frank Mohn AS in Framo Engineering AS—a privately owned Norwegian company specialized in the business of developing, manufacturing and selling products and services relating to multiphase pumps and subsea pump-systems,
McMoRan Exploration Co. today updated its exploration and development activities and also provided an update on its cumulative findings to date from its shallow water, ultra-deep exploration and development activities on the Gulf of Mexico (GOM) Shelf. McMoRan has actively pursued large ultra-deep t
Keppel Singmarine Brasil (KSM Brasil), Keppel Offshore & Marine Ltd (Keppel O&M)’s new 7.6-ha shipbuilding facility in the state of Santa Catarina, has secured two newbuild contracts worth about S$140 million from fleet operators in Brazil. The first contract entails building a series of six 45-tonn
AF Decom Offshore AS and Saipem UK Ltd have been awarded a Letter of Intent for the tasks of removing the H7 and 2/4-S jacket platforms in the North Sea. The conditional contracts have been awarded by Statoil on behalf of operator Gassco. AF Decom Offshore AS will remove and sell the H-7 platform, w
Schilling Robotics, LLC, experts in subsea systems, and Gregg Marine, Inc., experts in drilling and geotechnical testing services, announced yeday the successful completion of their Factory Acceptance Testing on their new Seafloor Drill. Gregg will begin field testing of their drill in the waters of
Petrobras has started producing oil in Aruanã – an area located in the post-salt layer of the southern part of the Campos Basin – from well 1-RJS-661 in block C-M-401. The Cidade de Rio das Ostras FPSO (floating production, storage and offloading platform), in operation at the site, will produce up
Ulstein Power & Control AS has secured a record contract with Mitsubishi Heavy Industries’ yard in Nagasaki, Japan for the delivery of the communication and infotainment system ULSTEIN COM®. The contract is for the delivery of two, plus an optional two, ULSTEIN COM® systems to be installed on board
