Deepwater
News
October 09, 2014
Marine Contracting has towed LLOG Exploration’s Delta House floating production semi-submersible to its operating site in the Gulf of Mexico’s Mississippi Canyon block 254 field.
News
October 08, 2014
THE HAGUE, Netherlands -- Shell has started oil production from the Gumusut-Kakap floating platform off the coast of Malaysia, the latest in a series of Shell deepwater projects. The Gumusut-Kakap field is located in waters up to 1,200 m deep. The platform is expected to reach an annual peak oil production of around 135,000 bpd, once fully ramped up. With oil production now under way, work on the gas injection facilities is continuing with an expected start-up during 2015.
News
October 07, 2014
HOUSTON -- 2H Offshore has been appointed by Weatherford Secure Drilling services to manage the design and delivery of the riser equipment for its Managed Pressure Drilling (MPD) system.
News
October 07, 2014
EDINBURGH, Scotland -- Cairn Energy has reported that its FAN-1 exploration well, offshore Senegal, has discovered oil. The well, located in 1,427 m water depth and approximately 100 km offshore in the Sangomar Deep block, has reached a target depth of 4,927 m and was targeting multiple stacked deepwater fans.
News
October 06, 2014
RIO DE JANEIRO -- Petrobras has discovered a new gas accumulation in the Espírito Santo basin post-salt cluster. The discovery was made when drilling well 3-ESS-222, known as Tanganika, at a water depth of 1,043 m, within the Malombe Discovery Evaluation Plan (PAD) area, 72 km off the Espírito Santo coast.
News
October 03, 2014
NEW ORLEANS (Bloomberg) -- BP Plc asked the U.S. judge in charge of thousands of oil-spill damage lawsuits to review a ruling that exposes the company to as much as $18 billion in fines, saying it was based on evidence he said he wouldn’t consider. BP claims the Sept. 4 ruling that the company was grossly negligent in causing the 2010 Gulf of Mexico oil spill was based on expert testimony that U.S. District Judge Carl Barbier of New Orleans said he would exclude from the 2013 trial over who caused the disaster. BP asked Barbier to change his finding or grant a new trial.
News
October 02, 2014
LONDON (Bloomberg) -- BG Group and its partners discovered natural gas at a well off Tanzania, adding reserves for a planned export plant in the East African country. The Kamba-1 well in Tanzania’s block 4 found 1.03 Tcf of gas, according to a statement from Ophir Energy Plc, which holds a 20% interest in the block. That’s probably enough to justify a third production unit at a proposed gas-export plant, it said.
News
October 01, 2014
HOUSTON (Bloomberg) -- BP Plc, facing as much as $2.5 billion in claims by U.S. shareholders for lost stock value connected to the 2010 Gulf of Mexico oil spill, must fight suits by foreign investors seeking millions of dollars more, a judge ruled. U.S. District Judge Keith Ellison in Houston said U.S. securities law doesn’t bar foreign investors who bought BP common shares on exchanges overseas from pursuing their claims under English law in his court. Ellison earlier allowed U.S. pension funds holding London shares the right to sue under British law.
News
September 30, 2014
RIO DE JANEIRO -- The QGOG/ SBM consortium, hired by Petrobras to build and operate the FPSO Cidade de Ilhabela, departed Guanabara Bay on Sept. 21 for the Sapinhoá field, in the Santos basin pre-salt cluster.
News
September 29, 2014
OSLO, Norway -- AKOFS Offshore, a part of Akastor ASA, has been notified of a five-year contract extension from Petrobras to use the Skandi Santos, a subsea equipment support vessel in Brazil. The extension, worth about $387 million (NOK 2.5 billion), will start March 1, 2015, in direct continuation of the current contract. The vessel is currently operating under a five-year contract with Petrobras that began March 1, 2010.
News
September 29, 2014
KARA SEA (Bloomberg) -- The most powerful man in Russia’s oil industry says U.S. sanctions won’t prevent the development of discoveries in the Arctic Ocean. Igor Sechin, CEO of state oil producer OAO Rosneft and a long-time ally of President Vladimir Putin, spent two days traveling by plane, ship and helicopter last week to announce a billion-barrel crude strike in the iceberg-prone Kara Sea region of Russia’s Arctic Ocean.
News
September 29, 2014
CANCUN, Mexico (Bloomberg) -- YPF SA is seeking partners for deepwater exploration offshore Argentina, its CEO said. “Most likely offshore is going to be with a partner,” CEO Miguel Galuccio, 46, said Sept. 26 in an interview at the World National Oil Companies Congress in Cancun.
News
September 27, 2014
GEOJE-SI, South Korea -- Maersk Drilling’s fourth ultra-deepwater drillship was named in a ceremony at the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea, on Sept. 25. Lene Berg, wife of Gregers Kudsk, V.P. in Maersk Drilling, had the honor of naming the drillship Maersk Voyager.
News
September 26, 2014
HOUSTON-- BHP Billiton and Pemex have signed a memorandum of understanding and cooperation (MOU) to exchange technical knowledge, information, experiences and practices in activities related to the oil and gas industry.
News
September 25, 2014
RIO DE JANEIRO -- Petrobras has identified the presence of gas while drilling extension well 3-BRSA-1022-SES (3-SES-181). The well is located in the discovery evaluation plan area of Poço Verde in concession BM-SEAL-4 in the ultra-deep waters of the Sergipe-Alagoas basin.
News
September 24, 2014
NEW ORLEANS (Bloomberg) -- BP Plc can’t recover hundreds of millions of dollars it claims to have overpaid some victims for economic losses from the 2010 Gulf of Mexico oil spill, a U.S. judge said.
News
September 24, 2014
NEW ORLEANS (Bloomberg) -- All oil-spill cleanup workers injured during BP Plc’s 2010 Gulf of Mexico disaster should get paid medical compensation now instead of being forced to sue for help, victims’ lawyers will tell a U.S. judge at a hearing that began Sept. 24 in New Orleans.
News
September 24, 2014
DUBAI -- Polarcus Adira is in transit from Las Palmas to the U.S. Gulf of Mexico to commence a six-month charter for TGS. The purpose-built 3D seismic vessel is equipped with specialized, advanced maritime technology to minimize the environmental footprint of the operation and the vessel continues to set new standards for the industry, having been awarded the highest achievable Triple-E environmental and energy efficiency rating by DNV-GL.
News
September 24, 2014
HOUSTON – The oil industry risks hamstringing its own research in its headlong rush to develop new technologies for the push into ever harsher subsurface conditions, World Oil’s ninth annual HPHT Drilling and Completions conference heard.
News
September 24, 2014
TRONDHEIM, Norway -- Electromagnetic Geoservices ASA has signed a data licensing agreement with a customer worth $3.5 million for the provision of 3D EM data from EMGS's multi-client data library in the Barents Sea.
News
September 23, 2014
HOUSTON: “Collaboration is key for 20K psi development,” said Gregory Walz, Sr. Drilling Engineering Advisor for Anadarko Petroleum, during his keynote address at the 9th annual World Oil HPHT Drilling and Completions Conference underway at the Norris Center in West Houston.
