Offshore Oil Production

Total Determined to Drill Amazon Basin as Greenpeace Storms AGM

Chartier, head of Greenpeace's Oceans campaign, said in a statement.Brazil's environmental agency requested more information from the company when it rejected its bid for an environmental license on Tuesday.The Greenpeace activists were also protesting at Total's investment in offshore oil production blocks in French Guyana, which will boost its presence in the potentially lucrative Guyana basin.Total faces more protests this month, after France's largest farmers' union called for a blockade of French oil refineries in protest at the company's decision to use imported palm

New Offshore Oil Investments Needed to Avoid Shortages -Hess

Higher investments in offshore oil production are critical to avoiding a supply squeeze by 2020, as expanding shale output will not match projected demand increases in the next few years, U.S. oil producer Hess Corp said on Thursday. The past four years of low oil prices have major producers pulling back on needed offshore investment, and the gap between supply and demand should help prices rebound, Hess Chief Operating Officer Greg Hill said at an energy conference at Rice University's Baker Institute. "The world is going to have to invest in more than shale," said Hill

Barnum Joins InterAct PMTI

has managed all aspects of oil field development, including reservoir analysis, drilling and facility optimization, waterflood and steamflood injection program design, property valuation, regulatory and safety compliance, training, mapping and field engineering. He has managed both onshore and offshore oil production facilities and has written and implemented spill response programs during his tenure. He has provided scientific and operational support to a local water purification and desalinization company that reclaims oilfield produced water and impacted groundwater. Barnhum has also completed environmenta

BG Group & the FlatFish AUV

the related costs. MTR’s correspondent in Brazil spoke to Rosane Zagatti, BG Group’s Subsea Technology Manager, about its FlatFish AUV project, which promises to bring solutions to deepwater infrastructure inspection challenges. Subsea systems are now an integral part of offshore oil production and vital to deepwater production. In deepwater developments, ROVs may be involved in both inspection and intervention services, with some operators using traditional AUVs for pipeline inspection, both requiring support vessels with day rates hovering between $100k and $200 k. Therefore

Petrobras' Production Crosses 1 bln barrels

layer. This total output was achieved just six years after the first production system came on stream in Santos Basin, in Lula field, and 10 years after the first discovery, in 2006, demonstrating Petrobras’ technical capacity. This performance is unparalleled in the global history of offshore oil production and compares favorably with other important oil-producing areas around the world. For example, in the American portion of the Gulf of Mexico, this milestone was reached 14 years after the beginning of commercial production, and in the North Sea it was achieved in eight years. In Brazil,

Shell Green Lights GoM Field After Cost Cuts

of the worst offshore oil spill in U.S. history, involving BP's Deepwater Horizon well. Shell's investment decision shows the energy giant's bet on deep water as it seeks to finalise by early 2016 the $70 billion acquisition of Britain's BG Group, which holds large stakes in Brazil's offshore oil production. The project, some 80 miles (130 km) off the coast of Louisiana, is expected to start production by the end of this decade and reach peak output of around 175,000 barrels of oil equivalent (boe) per day, Shell said on Wednesday. Shell, which operates 7 platforms in the

Petrobras Halts Offshore Platform as safety problems found

Brazil's Petrobras shut its P-58 offshore oil production platform after the country's petroleum regulator ANP found safety problems on board, the state-run oil company said on Friday. The platform was producing 106,000 barrels of oil and natural gas equivalent a day in January from seven wells, the last month for which oil regulator ANP has released statistics, making it the company's fifth-largest producer. The platform was shut down on Wednesday, the union said, after union complaints about the platform led to an ANP inspection, union representative Davison Lomba told Reuters on Friday.

TE Connectivity Keeping the Offshore Connected

TE Connectivity (TE) features its latest cable solutions for signal, optics & power applications at Houston's Offshore Technology Conference (OTC). The following products are on display at OTC until the expo concludes on 9, May 2013. TE's Rochester Offshore Oil Production Cables – Our extensive range of armored electro-optical cables is designed to deliver superior performance for subsea plow and trencher systems, and features sustainability to high loads. Specialized optical and conductor elements are tailored for data and video transmission in trenching applications, including

Russian Offshore Hiatus: But World's No.1 Oil Producer

Still no Arctic offshore oil from the Prirazlomnaya platform, but Russia keeps the position as the world’s largest oil producer. Prirazlomnaya field in the eastern Barents Sea was supposed to be the first operating offshore oil production on Russia’s Arctic continental shelf when the platform was towed out from Murmansk in the autumn 2011. Today, one and a half year later, the workers are still challenging the technical problems and production is said to start earliest in September this year, reports 'Barents Observer'. But there is no urgent need for offshore oil-production as