By Offshore Energy Today Seismic data acquisition specialist ION Geophysical has informed that its Ocean Bottom Seismic (OBS) company, OceanGeo, is mobilizing its vessels and crew to conduct an OBS survey offshore Nigeria. This is good news for ION, who in 2015 saw a drop in total revenues of 57% compared to 2014, as a…
The US Pipeline & Hazardous Safety Administration is moving ahead with the US Department of Energy to address natural gas storage problems exemplified by the late-2015 leak at Southern California Gas Co.’s Aliso Canyon facility near Los Angeles that took months to stop, PHMSA Administrator Marie Therese Dominguez said. Read Full Article Here For more…
The recent Zohr discovery in Egypt’s Mediterranean basin has given the country an impetus to further its move to an open oil economy, according Minister Tarek Elmolla of Egypt’s Petroleum and Mineral Resources Ministry. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest
Anadarko Petroleum Corp. recorded a first-quarter net loss of $1.034 billion compared with a fourth-quarter 2015 net loss of $1.25 billion and a first-quarter 2015 net loss of $3.268 billion. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest
Anadarko has issued an update on its exploration programs offshore western Colombia and Cote d’Ivoire. Read Full Article Here For more great articles: Offshore RSS Feed
GE Oil & Gas has received an OTC Spotlight Award for the SeaPrime, a subsea mux BOP control system. Read Full Article Here For more great articles: Offshore RSS Feed
As Egypt’s dependency on gas increases, particularly electricity, the country is in the midst of restructuring to meet its energy demands as well as becoming a regional energy hub, commented Tarek El Molla, Egypt’s Minister of Petroleum and Mineral Resources, at OTC. Read Full Article Here For more great articles: Offshore RSS Feed
The BP-led Shah Deniz consortium have contracted Bos Shelf LLC to transport and install the deeper water subsea production systems for Shah Deniz Stage 2 in the Azeri sector of the Caspian Sea. Read Full Article Here For more great articles: Offshore RSS Feed
Mexico plans to issue updates on its bidding process on May 15 for its Round 1 fourth bid involving deepwater and ultradeepwater blocks, panelists told a May 3 session of the Offshore Technology Conference in Houston. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest
Statoil ASA has agreed to divest its entire 15% interest in Edvard Grieg field on PL338 offshore Norway to Lundin Petroleum AB in exchange for an increased shareholding in Lundin. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest