Archive | Global and Regional Markets

Macaé: Brazil’s offshore oil hub puts infrastructure improvements on fast track

Posted on 29 January 2014 in Global and Regional Markets, News

Situated on the scenic Brazilian coastline northeast of Rio de Janeiro, the port city of Macaé was once a quiet fishing village. Today, as the center of Brazil’s booming…

PrintFriendlyShare This

Comments (0)

The Latin American puzzle

Posted on 24 January 2014 in 2014, Features, Global and Regional Markets, January/February, Onshore Advances, The Offshore Frontier

The sun is rising on Latin America. With its prolific and varied resources, the region is poised to become a major player on the global hydrocarbon map. While the big story in recent years has been the massive pre-salt discoveries in the deepwater off the coast of Brazil…

Comments (1)

Cobalt makes first discovery in syn-rift deepwater Angola

Posted on 24 January 2014 in Global and Regional Markets, News, The Offshore Frontier

Cobalt International Energy, along with the National Concessionaire Sonangol and the Block 21 partners, has made the first discovery in the syn-rift interval in the Bicuar…

Comments (0)

Maersk Oil acquires two exploration blocks in Kurdistan

Posted on 23 January 2014 in Global and Regional Markets, News

The Kurdistan Regional Government has approved Maersk Oil’s acquisition of a 40% non-operating interest in the Piramagrun and Qala Dze production sharing contracts (PSC) from…

Comments (0)

Integrated service steers smooth wellbore to TD in Brazil’s pre-salt

Posted on 21 January 2014 in 2014, Global and Regional Markets, January/February, The Offshore Frontier

Far from being a mere buzzword, efficiency is a critical driver in all E&P operations. In deepwater drilling, efficiency has become a more elusive goal as wells are drilled…

Comments (0)

Petrobras’ proven pre-salt reserves up 43% in 2013

Posted on 20 January 2014 in Global and Regional Markets, News

Petrobras’ proven pre-salt reserves, which extend from the south of the state of Espírito Santo to the state of Santa Catarina, are up 43% in 2013 compared to 2012. In 2013…

Comments (0)

Drydocks World: Largest CJ80 jackup to be built for North Sea

Posted on 14 January 2014 in Global and Regional Markets, News

Drydocks World (DDW) and Drill One Capital have signed an agreement to build the Dubai Expo 2020 NS mega jackup designed by Gusto MSC. The rig will be built to operate in…

Comments (0)

Statoil, NASA partner to explore technologies for hydrocarbon exploration

Posted on 08 January 2014 in Global and Regional Markets, Innovating While Drilling, News

Statoil has forged a partnership with NASA to examine how technologies and expertise from the space industry…

Comments (0)

Mexican reform opens energy sector to investment, competition

Posted on 08 January 2014 in Global and Regional Markets, News

Mexico’s energy reform bill formally became a law on 21 December. PEMEX has controlled 100% of Mexico’s oil/gas market, allowing only compensation…

Comments (0)

Gas production begins from Juliet field in the North Sea

Posted on 08 January 2014 in Global and Regional Markets, News, The Offshore Frontier

Gas production has started from the Juliet field, a subsea development on the western flank of the southern gas basin, 24 miles (39 km) east of the…

Comments (0)

FEATURED MICROSITES