STATOIL has launched a design race for a new “workhorse” semi-submersible that is likely to see multiple orders placed within a year as it seeks to avert a critical shortage of rig capacity in Norway.
FOR centuries the Athabasca River of Alberta has been one of the province’s largest and most vital natural resources.
The timing of Endeavour International’s Rochelle gas project off the UK is under pressure amid a brewing row over access to nearby infrastructure.
ITALIAN contractor Saipem has placed the lowest bid in a tender to supply Petrobras with 16 steel-catenary risers to be hooked up to the semi-submersible production unit P-55, soon to be installed in the Roncador field.
Abu Dhabi-based National ¿Petroleum Construction Company (NPCC) is about to award a newbuild contract for a heavy-lift pipelay barge, with Drydocks World-Dubai seen as the front runner for the job, write Tan Hwee Hwee, Xu Yihe and Vahe Petrossian.
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Pemex operations normal: A businessman walks along Reforma Avenue in Mexico City
Mexico's state oil company Pemex said all of its operations were normal despite the outbreak of a swine flu epidemic in the country that has claimed at least 103 lives.
Mexico produces around 2.65 million barrels per day of oil, most of which is pumped from offshore oilfields, said a Reuters report.
| Dominion sells off E&P business for $3.5bn |
| Total primes Laggan-Tormore kick-off |
| Statoil in semisub hunt |
| BP takes $7bn bite of Devon |
| Wintershall plans $4bn spend |
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