China National 云顶赌场老虎机 Oil Corp. (CNOOC) signed production sharing contract (PSC) with Shell China Exploration and Production for Block 35/10 in Yinggehai Basin, west of the Hainan Island, China, in the South China Sea. Block 35/10 covers a total area of 3鈥
The floating production sector has been especially active over the past several months. Ten production floaters have been ordered since March, reports International Maritime Associates Inc. (IMA). Contracts include a $3 billion FPSO for Nigeria (a record price for an FPSO)鈥
Schlumberger acquired Gushor Inc., a Canadian-based petroleum geochemistry and fluid analysis company that provides production and exploration solutions in the heavy oil and oil sand (HOOS) industry. Formed in 2006, Gushor specializes in the integration of geology鈥
The next few years could see major investments in Colombian waters and last year鈥檚 bid round has independents, NOCs, and majors heading to the country鈥檚 Caribbean shores. Colombia is South America鈥檚 fourth largest oil producer with 2 billion barrels of proved oil reserves鈥
Sophisticated monitoring systems on floating production systems can provide real time information for operational support and to improve performance, but a holistic approach is needed to be fully beneficial. Louise Ledgard, head of oil and gas business development鈥
Wärtsilä鈥檚 acquisition of the British-headquartered, global engineering company Hamworthy early in 2012 has added a portfolio of high technology products and systems to the Finnish power solutions company鈥檚 offering including vessel internal electrostatic coalescer (VIEC) technology鈥
Lundin Petroleum subsidiary, Lundin Sareba BV, and Indonesia's SKKMigas entered into a production sharing contract (PSC) for for 100% interest in the Cendrawasih VII (CVII), off northeastern Indonesia. The block is a subsitute for Lundin's鈥
Analysis: Perspectives President Enrique Peña Nieto recently announced that he will send a 鈥渢ransformational鈥 energy reform bill to Mexico鈥檚 Congress in the coming months in an effort to attract the private capital and expertise required to develop Mexico鈥檚 deepwater and shale deposits鈥
Shell Philippines Exploration B.V. awarded Royal Boskalis Westminster N.V. a contract to install a Depletion Compression Platform (DCP) for the Malampaya Project off Palawan Island, in The Philippines. The contract is worth about US$60 million and will be completed in 2014.
ExxonMobil chose Oceaneering International Inc. to supply production control umbilicals for its US$4 billion Julia development in the Gulf of Mexico. The order is for a 14mi.-long (22.5 km), electro-hydraulic, steel-tube umbilical. The umbilical will supply hydraulic control fluids鈥
PTTEP Australasia achieved first oil from the Montara field in the Timor Sea off Western Australia. The Montara Venture FPSO started production at the H2 well in early June. The company expects to ramp production to 21,000bo/d with first off-take of oil from the FPSO occurring by August鈥
North Caspian Operating Company (NCOC) began work to start production of Kashagan field in the Caspian Sea. The first phase will see production from eight wells on an artificial island complex. Wells, pipelines, and the Bolashak Onshore Processing facility have been completed鈥
CNR International signed a production sharing contract (PSC) for Block CI-12 off Cote d鈥橧voire (Ivory Coast), with a 60% working interest. CNR International will operate the block, located west of the company鈥檚 Espoir and Baobab fields, in 250-300m water depths鈥
Petrobras set a new presalt production record in May 2013 with output of 322,100bo/d, an 11,000bo/d increase from its previous record of 311,500bo/d set the prior month. The company also achieved record output in Espírito Santo, with a monthly average figure of 322鈥
The North Caspian Operating Company B.V. (NCOC) announced the introduction of sweet gas into the offshore facilities on the artificial D Island and the lighting of the flare, a further major milestone in the start-up of the Kashagan oilfield鈥
