Archive | The Offshore Frontier

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…

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BSEE dedicates $7 million to oil spill response research in 2014

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

The US Bureau of Safety and Environmental Enforcement (BSEE) is soliciting proposals for oil spill response research projects and will invest up to…

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P-55 semi platform starts up as part of Roncador Module 3 in Campos Basin

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

Petrobras’ P-55 platform, one of the company’s strategic projects under its 2013-2017 Business and…

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Keppel FELS: Record 21 rigs delivered in 2013

Posted on 08 January 2014 in Drilling Rigs & Automation, Global and Regional Markets, News, The Offshore Frontier

Keppel FELS delivered ARABDRILL 60, a KFELS B Class jackup, to Arabian Drilling Co (ADC) five days ahead of schedule in December, on budget and with a…

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Malaysia’s Perisai orders third 400-ft jackup from PPL Shipyard

Posted on 07 January 2014 in Global and Regional Markets, News, The Offshore Frontier

PPL Shipyard, a subsidiary of Sembcorp Marine, has secured a repeat order to build a third Pacific Class 400 jackup worth US$211.5 million from Perisai Inc, a subsidiary…

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BP makes discovery at Gila prospect in GOM

Posted on 18 December 2013 in Global and Regional Markets, News, The Offshore Frontier

BP, with co-venturer ConocoPhillips, has discovered oil at the Gila prospect in the deepwater Gulf of Mexico (GOM). This is BP’s third discovery and ConocoPhillips’ fourth…

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Study: Development offshore US Atlantic could add $195 billion in investment

Posted on 11 December 2013 in Global and Regional Markets, News, The Offshore Frontier

Approximately 85% of acreage in federal offshore waters is inaccessible to offshore oil and natural gas…

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Oil, gas discovery proves additional resources in the Johan Castberg area

Posted on 11 December 2013 in Global and Regional Markets, News, The Offshore Frontier

Statoil, with partners Eni Norge and Petoro, made an oil and gas discovery in the Skavl prospect in PL532…

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BG Group raises Tanzania resources to 15 Tcf

Posted on 11 December 2013 in Global and Regional Markets, News, The Offshore Frontier

BG Group has increased total recoverable resources for the Mzia discovery and across Blocks 1, 3 and 4 offshore southern Tanzania, marking the conclusion…

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Statoil makes natural gas discovery offshore Tanzania

Posted on 06 December 2013 in News, The Offshore Frontier

Statoil, with co-venturer ExxonMobil, made its fifth discovery in Block 2 offshore Tanzania. The discovery of an additional 2 to 3 Tcf of natural gas in place in…

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