Exploration

Rolls-Royce has been awarded a US$ 138 million, five-year services contract by Petrobras, to support its oil production activities offshore Brazil.

Wood Mackenzie reports that investment from international oil companies is key to Russia’s plans to exploit tight oil, LNG and Arctic projects.

Nation’s largest energy investor reaches company record nine rigs, highlighting commitment to this key US offshore basin.

GAC Shipping has opened a new office in Galliano, Louisiana, in response to the increase in offshore oil and gas activity.

While tax incentives are set to boost oil production in Malaysia, further fiscal changes are unlikely in the short term.

Wood Group has renewed its sponsorship of the Wood Group Chair of Arctic and Harsh Environment Engineering at MUN for a second five-year term.

Researchers at Edinburgh Napier University have completed a project that studied the feasibility of applying a new coating process to the oil and gas industry.

Petrobras has commenced production on platform P-63 in the Papa Terra field, Brazil.

Schlumberger announces official opening of the Schlumberger Reservoir Laboratory in Brisbane, Australia.

GDF Suez has signed an asset purchase agreement with Vale SA for participation in two Brazilian natural gas blocks.

Highlights from November’s Monthly Oil Market Report.

The company, in partnership with Dolphin Geophysical, will commence acquisition of a new 3D multi-client survey.

Damen Shipyards has delivered the fourth in a series of six PSVs to the Norwegian company, World Wide Supply.

Chatham House and the Energy, Environment and Resources have been looking at China’s resource security and sustainability.

The latest Wood Report believes that up to four billion extra barrels of oil and gas could be extracted from the North Sea.