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Pemex Confirms Explosion in Oil Platform at Gulf of Mexico

Jun 23, 2015

An oil platform run by Mexico’s state oil company Petroleos Mexicanos (Pemex) in the southern Gulf of Mexico suffered what appeared to be an explosion on Monday.  Pemex confirmed that there had been an “accident” and a “fire” after a leak of oil and gas…

Norway Labor Union Threatens Offshore Strike

Jun 18, 2015

Rig workers on two Norwegian oil fields plan to strike from June 25 unless a wage settlement with employers is reached during talks with a state appointed mediator, labor union Safe said on Thursday.101 workers on the Petrojarl Varg vessel…

KNOT Orders New Tanker for Charter with BG Group

Jun 18, 2015

Knutsen NYK Offshore Tankers AS (KNOT) has concluded a time-charter contract with Brazil Shipping 1 Limited, a subsidiary of the U.K. energy supplier BG GROUP PLC.  This contract is for a maximum 20-year period starting from the second…

Samsung to Build Three Shuttle Tankers for Teekay Offshore

Jun 08, 2015

Samsung Heavy Industries (SHI) has announced that it is to build three shuttle tankers for Teekay Offshore Partners, at a total price of $365m and the contract includes an option for an extra vessel. The contract was signed in Oslo where Nor-Shipping 2015 was held…

Mexico Lifts Bidding Limits for First Batch of Oil Tenders

May 31, 2015

Mexico's oil regulator voted on Friday to relax rules on bidding terms and contracts that form the first step in a historic sector opening that kicks off this summer with the public auction of 14 shallow water fields.The July auction…

New Chairmen at Three Chinese Oil Firms

May 04, 2015

China has appointed new chairmen for the country's top three energy groups, according to company statements on Monday, in a top-down reshuffle of the industry which faces the challenges of spending cuts, low oil prices and easing demand.Earlier…

Goliat FPSO in Norway

Apr 25, 2015

The Goliat FPSO was successfully floated off the heavy-lift vessel, Dockwise Vanguard, in the fjord outside Hammerfest, says Eni Norge  The Goliat platform has arrived in Hammerfest, Norway last week, after a 63-day journey from South Korea covering 15…

New Mexico Oil Field Blast Kills One, Injures Another

Mar 13, 2015

An explosion at an oil field in southeastern New Mexico killed one worker and seriously injured another while the men were installing a drilling pipe on Wednesday afternoon, the Lea County undersheriff said on Thursday.The dead man was identified as James Rusty Harrison…

US Oilfield Jobs Coninue Unabated

Feb 17, 2015

When Ian Sandlin was laid off last week after 13 months working on oil rigs in southeast Texas, he was surprised to have lasted that long.'I knew it was coming,' he said. 'I wasn't the first to be let go.'The 27-year-old Houston native…

US Oilfield Jobs Cull Gains Pace, More Pain Ahead

Feb 13, 2015

When Ian Sandlin was laid off last week after 13 months working on oil rigs in southeast Texas, he was surprised to have lasted that long. 'I knew it was coming,' he said. 'I wasn't the first to be let go.' The 27-year-old Houston native…

Delta "T" Systems Names Mooney as Mechanical Engineer

Feb 11, 2015

Lynn Oien, Delta 'T' Systems president, has named Kyle Mooney as the company's newest mechanical engineer.In his new role, Mooney will be responsible for building new product ideas in 3D modeling software, and testing heat transfer and load…

South Sudan Oil Revenue at $3.38 bln, Hit by Conflict and Price Falls

Jan 03, 2015

South Sudan's oil revenue last year was hit by reduced output because of conflict in the African republic and the rapid decline in oil prices, petroleum minister Stephen Dhieu Dau said in a statement seen by Reuters on Saturday.Oil is the main source of cash for South Sudan…

Vankorneft Starts Suzan Pipeline Construction

Dec 09, 2014

Vankorneft, a subsidiary of Rosneft, in compliance with the program of Suzun field development started construction of pressure oil pipeline to connect Suzun and Vankor oil fields. Total length of the oil pipeline will be 101 km.The project…

Cameroon Oil Output up 15%

Dec 09, 2014

Oil production in Cameroon rose 15 percent year-on-year to 22.69 million barrels by the end of October, according to the state oil firm, but output may double within the next two years as new fields come on line.Cameroon became a modest oil producer in 1977…

Arctic Pipeline being Built from Messoyakhinskoe

Dec 08, 2014

Messoyakhneftegaz has began building a pressurized pipeline from the Messoyakhinskoe group of deposits, located to the north of Yamalo-Nenets Autonomous Region, to the main Arctic Circle-Purpe pipeline system.The oil pipeline with a maximum…

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