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Sperry Drilling Services to join Total with HTHP Victoria field developmentSperry Drilling Services, a brand of Halliburton's Drilling and Evaluation Division, and TOTAL have signed a project development agreement to jointly develop an ultra-high-temperature measurement-while-drilling system capable of operating in temperatures of up to 450°F (230°C). Full text |
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Heerema Vlissingen, one of the three construction yards of Heerema Fabrication Group (HFG) in Zwijndrecht, has delivered the giant template for the Tombua Landana platform. The template and the piles, the longest ever built, have been loaded from the construction quay in Vlissingen on a seagoing barge for transport to Angola, West Africa. Full text
Schlumberger (NYSE:SLB) announced today that it has acquired an additional 5.5% in Framo Engineering AS ("Framo") to take its holding to a majority 52.75%. Frank Mohn AS, which has been instrumental in the development of Framo to become a world leader within its main product groups, continues to hold the remaining shares. Full text
Aker Kvaerner has signed a frame agreement with Woodside Petroleum Ltd to become the Australian oil and gas giant`s preferred supplier of steel tube umbilicals. The contract could be worth between NOK 150 - 200 million annually. Full text
The three fields have been developed as subsea tiebacks to the Independence Hub platform, which is the world’s deepest platform at approximately 2,400 meters of water depth. Full text
Exxon Mobil Corporation (NYSE:XOM) today said that its subsidiary, ExxonMobil Libya Limited, signed a heads of agreement to execute an Exploration and Production Sharing Agreement (EPSA) with Libya's National Oil Corporation to initiate exploration activity offshore Libya in the Sirte Basin. Full text
Chevron Corporation and Massachusetts Institute of Technology (MIT) today announced an energy research program to develop remote, ultra-deepwater exploration and production technology. Full text
Total announces a new oil discovery in the ultra-deep offshore Mer Très Profonde Sud (MTPS) block, which lies approximately 185 kilometres offshore the Republic of the Congo in a water depth of 2,120 metres. Full text
BP, on behalf of the Shah Deniz partnership, announced today a further major new gas-condensate discovery in the Shah Deniz field in the Caspian Sea. The SDX-04 appraisal and exploration well, some 70 kilometres south east of Baku, discovered a new high pressure reservoir in a deeper structure below the currently producing reservoir. Full text
DNV is releasing a new revision of the DNV Submarine Pipeline Standard - DNV OS F101. In cooperation with the industry, this worldwide preferred standard is now ISO harmonised, as well as having an increased focus on integrity management and improved document structure. Full text
Exploration expenditure in 2007 is expected to be around NOK 15-16 billion, and a total of 65-70 exploration wells are expected to be completed in 2007. Full text