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Exploration

Petrobras to use Subsea 7 pipelay vessel

Petrobras has awarded a two year US$ 110 million contract to Subsea 7 for the exclusive use of its Lochnagar pipelay vessel for two years.

 
 

The energy world faces unprecedented uncertainty

According to the International Energy Agency’s latest World Energy Outlook, much stronger action is needed to accelerate the transformation of the global energy system.

 

Reviewing GHG reporting rule requirements

The American Petroleum Institute is reviewing the Environmental Protection Agency’s greenhouse gas reporting rule requirements for the petroleum and natural gas industries.

 

Chevron is set to acquire Atlas Energy

Chevron Corporation has announced plans to acquire Atlas Energy, which will provide Chevron with an attractive natural gas resource position primarily located in the Marcellus Shale.

 
 

Oil rig workers kidnapped in Nigeria

It has been reported that at least five people have been kidnapped from the High Island VII jackup rig operating off the coast of Nigeria’s southern delta. The newly installed rig is operated by Afren PLC.

 
 

FMC Technologies becomes a member of NSRI

FMC Technologies has joined The National Subsea Research Institute’s (NSRI) industry steering group, which focuses on developing technologies to maintain the UK subsea sector’s leading position in global markets.

 

Drilling to independence

Latin America's goal for energy independence is tied to its offshore oil and gas reserves. Experts from the illustrious O&G LA 20 committee believe that the offshore sector will become even more important in the future as the industry shifts to deeper waters.

 
 
 

Excellent results for latest offshore licensing round

Oil and gas exploration licences granted by the Department of Energy and Climate Change (DECC) have revealed that industry interest in developing the UK’s North Sea resources remains vibrant.

 

Global energy industry holding steady

The latest EIC Monitor (Q3) shows encouraging levels of new projects emerging across the globe with China, India and the USA having some of the largest new projects.

 

Oil Council awards

Final shortlists announced for The Oil Council’s 2010 Awards of Excellence.