NOAA presented to the U.S. Coast Guard a new report that finds that 36 sunken vessels scattered across the U.S. seafloor could pose an oil pollution threat to the nation’s coastal marine resources. Of those, 17 were recommended for further assessment and potential removal of both fuel oil and oil cargo. The sunken vessels are [...]
May 21, 2013 | Posted in
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Talisman Energy Inc. has announced first oil production from its Hai Su Trang and Hai Su Den (HST/HSD) development, offshore Vietnam. Gross production is expected to reach 15,000 bbls/day once the facilities are fully commissioned. “We are delighted to have achieved first oil ahead of schedule and under budget,” said Paul Blakeley, EVP Asia-Pacific. “This [...]
May 20, 2013 | Posted in
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New Zealand Oil & Gas has acquired a 50 per cent interest in PEP 52717 (Clipper) from Beach Petroleum (NZ) Pty Ltd, a subsidiary of ASX-listed Beach Energy. New Zealand Oil & Gas will become the operator of the permit, which is off the Canterbury coast. The partners have committed to acquiring at least 600 [...]
May 16, 2013 | Posted in
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The potential size of Karoon Gas Australia Ltd’s Bilby-1 oil discovery offshore Brazil has been expanded with a proven oil column of 320 metres. This has been confirmed by pressure information and physical sampling of oil from the reservoirs. A total of seven oil samples have now been recovered to the surface, with one opened [...]
May 10, 2013 | Posted in
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Brazil’s state-run oil company Petrobras announced the discovery of good quality oil in the Transfer of Rights area referred to as Entorno de Iara, in the Santos Basin pre-salt region. Well 1-BRSA-1146-RJS (1-RJS-711), known as Entorno de Iara 1, is located at a water depth of 2,266 meters, 235 km off the coast of Rio [...]
May 8, 2013 | Posted in
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Exxon Mobil Corporation is commencing development of the Julia oil field in the Gulf of Mexico. Capital cost for the project, which is expected to begin oil production in 2016, is estimated to be more than $4 billion. The field was discovered in 2007 and is estimated to have nearly six billion barrels of resource [...]
May 8, 2013 | Posted in
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Across its businesses, ITT Corporation offers an extensive array of essential products and services to its oil and gas industry customers around the world. This week, the company is showcasing its capabilities at the Offshore Technology Conference in Houston, which draws approximately 80,000 attendees from more than 110 countries. ITT’s innovative products include centrifugal and [...]
Clariant Oil Services announced that it’s investment in a new laboratory facility is on track for completion in Q3 2013. The facility will be in the new Clariant Oil and Mining Services global headquarters campus, located in The Woodlands, Texas. “The 64000 square foot complex, including offices, laboratories, and training suite, will utilize innovative design [...]
May 3, 2013 | Posted in
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There is only less than a month to go until Accelerate Oil & Gas 2013 and it is promising great opportunities for those who are attending the event on 21-22 May at the Windsor Barra Hotel in Rio de Janeiro. Firstly, the event is taking place in such an occasion making the intermission in between [...]
April 26, 2013 | Posted in
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Anadarko Petroleum Corporation today announced its Phobos-1 well in the deepwater Gulf of Mexico encountered approximately 250 net feet of high-quality oil pay in Lower Tertiary-aged reservoirs. “Our 2013 Gulf of Mexico exploration program is off to an outstanding start, as Phobos marks our third significant deepwater success this year,” Anadarko Sr. Vice President International [...]
April 25, 2013 | Posted in
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