As the oil & gas industry ventures into deeper waters and more extreme environments, operators, umbilical equipment designers and manufacturers, and installation companies, have been working together to ensure umbilical installation is as smooth an operation as possible鈥
BP starts production at Valhall redevelopment Valhall field (Photo: BP)Production has begun at BP's Valhall redevelopment project in the southern portion of the Norwegian North Sea, the supermajor announced on 28 January 2013. BP Group鈥
Egypt approves Dana's Nefertiti development The Egyptian government has approved Dana Petroleum's plan to develop the Nefertiti oil field in the Gulf of Suez, the company announced on 29 January 2013.The lease was approved 20 January鈥
Licensing round awards three deepwater blocksClick to view larger mapA consortium made up of Eni and Kogas has won three deepwater blocks during the Republic of Cyprus' second offshore licensing round, Eni announced on 24 January 2013.The consortium walked away with Blocks 2鈥
Chevron signs up for South China Sea acreageChevron China and China National 云顶赌场老虎机 Oil Corp. (CNOOC) have entered into production sharing contracts (PSC) for two exploration blocks in the South China Sea, the company announced on 16 January 2013鈥
Statoil receives 14 licenses during APA roundMinister of Petroleum and Energy Ola Borten Moe (Photo: Lise Rist / OED)Forty companies walked away with shares in 51 new production licenses as part of Norway鈥檚 2012 APA Round, the country鈥檚鈥
Salamander Energy announced first oil at its Bualuang Bravo platform in the Gulf of Thailand. The Atwood Mako drilled development well BB-04-H, which is expected to produce 1500b/d. With a 15-well development planned, Salamander expects production to increase to around 14,000b/d in 2013.
During the past few years, annual change in global oil demand has been running 0.8-1%/year and the International Energy Agency (IEA) forecasts it to continue in that range in 2013 鈥 well below the previous 20-year 1.5% average annual increase seen before the global banking crisis鈥
Andrew McBarnetIf there was such a thing as an annual horoscope for the marine seismic and related geophysical businesses, then in the coming year we can expect at least some improvement on 2012. In other words, unless there is some totally unexpected destabilizing economic鈥
Sapinhoá field begins production off BrazilSapinhoá mapCommercial production has begun at Sapinhoá field, Repsol announced on 8 January 2013.The field, run by a consortium of Repsol, Petrobras and BG Group, is located in Block BM-S-9 in Brazil鈥檚 pre-salt region鈥
Understanding the environmental conditions at a site are important to determine when offloading operations need to be suspended or when an offloading tanker needs to be disconnected. BMT Argoss naval architect Wojciech Misiag explains why optimising鈥
In his keynote speech at the ITF technology showcase, BP North Sea regional president Trevor Garlick spoke of his personal determination to ensure his company takes a leadership role in technology in the North Sea. He noted that relative to鈥
Cidade de Itajaí (Photo: OOG)OOG-TNK unit arrives at Brazil's Santos BasinThe FPSO Cidade de Itajaí has arrived in the Santos Basin, Petrobras announced on 2 January 2013.The OOG-TKP vessel arrived on 29 December and will be connected to鈥
Liuhua 11-1 (Photo: CNOOC)Production starts at two S. China Sea fields CNOOC Limited announced that Panyu 4-2/5-1 oil field adjustment project and Liuhua 4-1 oil field located in the Pearl River Mouth Basin of South China Sea, successfully commenced production鈥
Martin Linge field illustrationTotal picks Technip for Martin Linge topsidesTechnip, leader in a consortium with Samsung Heavy Industries (SHI), was awarded by Total E&P Norge, a contract for the Martin Linge development project located approximately 180km west of Bergen鈥
