Increased energy demand due to rapid economic development is driving many Asia Pacific countries to reduce their dependency on imported oil and gas by upping local offshore exploration and production (E&P) activities.Responding to this reality…
Chevron Corporation has announced an oil discovery at the Coronado prospect in the deepwater U.S. Gulf of Mexico.The Walker Ridge Block 98 Well No. 1 encountered more than 400 feet (122 m) of net pay. The well is located approximately 190 miles (308 km) off the Louisiana coast in 6…
Iceland, which issued its first offshore oil and gas exploration licenses this year, seeks to become a hub for subsea explorers from Greenland to Jan Mayen.Foreign Minister Ossur Skarphedinsson announced that Icelandic companies will probably follow oil-service provider Fafnir Offshore’s 7…
GL Garrad Hassan was technical adviser to Mitsubishi Corporation (MC) on their recent acquisition of a 49% stake in the BorWin1 and BorWin2 German offshore high-voltage, direct current (HVDC) links. The company acted as the sole technical…
ABB appointed main electrical contractor for new semi-submersible central processing facility (CPF) at Ichthys oil & gas field in the Timor Sea off Western Australia. The order is valued at $15 million. ABB was awarded the MEC contract by the engineering…
UK Energy Minister John Hayes is due to speak at a new one-day event for the oil & gas decommissioning sector established to help overcome the challenges facing companies dealing with infrastructure that has come to the end of the lifecycle…
Offshore Marine Management (OMM) completes a feasibility study for Forewind’s planned North Sea wind energy development.The study was undertaken to assess route feasibility options along one of the development’s 160km long export cable corridors…
Cat® 16CM32C generator sets selected to provide main power for a fixed platform & FPSO slated to operate in the Enping Oilfield.Four 16CM32C generator sets will be installed on the fixed drilling production platform; the remaining four will be installed on the FPSO…
Shell was a high bidder on 38 Gulf of Mexico blocks at the US Bureau of Ocean Energy Management (BOEM) Lease Sale 227.Shell continues to build upon a strong position in the Central Gulf of Mexico, bidding on a total of 43 blocks and exposed approximately $166 million…
National Ocean Industries Association (NOIA) President Randall Luthi issued the following statement commenting on the proposed offshore revenue sharing Senate Energy bill: “NOIA thanks Senators Murkowski and Landrieu for continuing their…
Brazilian joint venture will use SmartMarine® Enterprise components for project with oil giant Petrobras.Tome Ferrostaal, a joint venture between Tome Engenharia and Ferrostaal in Brazil, has selected Intergraph® SmartMarine® Enterprise solutions…
Petrobras announce negotiations are under way to contract 2 Floating Production & Storage Units (FPSO's) for connection to wells in the Santos Basin.Petrobras and its partners in Block BM-S-11, BG E&P Brasil and Petrogal Brasil, announce negotiations…
Halliburton opens its newly constructed Completion Technology and Manufacturing Center in Singapore.The new state-of-the-art facility is located on about 43 acres in Jurong Industrial Park and includes more than 500,000 square feet (46,451 square meters) of manufacturing and administrative space…
The federal government cleared the way for Virginia to seek a research lease in its Atlantic coastal areas to help speed up development.The move would allow for greater study of wind, waves and wildlife in a 130-square-mile set aside for wind development…
Romania's Grup Servicii Petroliere (GSP) to start drilling in June, admitting it has no experience of drilling operations in the Arctic.Operations are scheduled to start at the beginning of June and will be carried out in Dolginskoye oil field…
