Petróleo Brasileiro S.A. has contracted the construction of seven drilling rigs to Estaleiro Atlântico Sul at a total cost of $4.6 billion, or a unit price of $662 million. Petrobras...
The reprocessing of 7,357 km (4,571 mi) of 2D marine seismic data acquired in the 1980s off southeast Greenland is done, according to Spectrum and Petroleum Geo-Services.
The wide diversity of energy market requirements and enabling technologies drives strong demand for design/build/operate solutions for oil and gas projects. These projects require...
Synthetic fiber rope is widely accepted for moorings beyond 1,000 m (3,281 ft) water depth. Yet there are few machines designed to test fiber rope, and none dedicated specifically...
In a study designed to evaluate and address exploration and production (E&P) drilling risks associated with over-pressured formations, it was found that dramatically different...
Norway has offered 50 new production licenses to 39 companies under the country’s 2010 Awards in Pre-Defined Areas licensing round. The APA scheme focuses mainly on acreage in...
Deepwater development presents many challenges, from drilling to completion to production. This is the story of an extremely complex set of challenges that were addressed successfully...
Global upstream asset deals reached a new peak last year of $117 billion, according to analysts Wood Mackenzie. High-profile sellers included BP, ConocoPhillips, Devon, and Cheseapeake...
Offshore’s seismic vessel survey for 2011 shows both new vessels and some additional players. These combine to push the total number of these vessels higher than in 2010. The ...
Development of the Cheleken Contract Area (CCA) fields off Turkmenistan has entered a new phase. After years of painstaking rehabilitation of the fields’ Soviet-era platforms ...
Properly interpreting site survey data prior to deploying an offshore oil rig always has been crucial to drilling exploration or production wells. Site surveys can use multibeam...
This month we take a look at E&P operations in the largest enclosed body of water on Earth, the Caspian Sea. Capex growth by 2016 is expected to hit $4 billion a year in efforts...
With billions of dollars in shareholder value at stake, operating companies know they need to do everything they can to ensure successful projects. One of the most important phases...
As the largest enclosed body of water on Earth, and with petroleum reserves in excess of 50 Bboe, the Caspian Sea is a major offshore oil and gas province. Oil and gas activity...
CRC-Evans has appointed Douglas McIntyre as CEO. The company has also appointed Adam Wynne Hughes as MD of the company’s Inspection Group. Hughes, who served as IPLOCA president...
The Norwegian Centers of Expertise (NCE) program is relatively young, having been implemented in 2006 by the country’s three main innovation agencies: Innovation Norway, Research...
Bennex has been developing and supplying subsea technology and products for more than 30 years, growing into a global presence in the subsea oil and gas industry. Today, the company...
It probably comes as no surprise that businesses both large and small that serve the Gulf of Mexico offshore drilling and production industry have been seriously affected under...
As a recognized leader in the manufacture and supply of multi-phase pumps and subsea systems, it’s no surprise that Framo Engineering A/S is based in Bergen, Norway, the city ...
Cargotec, a world leader in offshore and onshore cargo and load-handling, has an extensive portfolio under the MacGregor brand. This portfolio includes offshore and subsea load...
With demands for maintenance and modifications increasing offshore Norway and globally, Aker Solutions’ service facility at Coast Center Base in Ågotnes, near Bergen, is well ...
The ongoing protest against federal government foot-dragging on new offshore drilling regulations, like politics, has become local. The protesters say the delay is putting a severe...
This past October, the LA 1 Coalition lost their bid for a $100-million federal grant, but continues to seek government aid – this time, at the state level – in helping to build...
Chett Chiasson, the professional executive director for the Greater Lafourche Port Commission since 2010, got quite an initiation into his job of executing the plans of the commissioner...
To lend a different take to the theme song for the 1977 Burt Reynolds film, “Smokey and the Bandit,” it appears that, when it comes to the fortunes of the U.S. deepwater E&P industry...
This should be a landmark year for the subsea cluster around Bergen on Norway’s coast. The local industry association NCE Subsea is seeking to forge new links with Brazil, one...
