Eighteen months ago, Chevron set up an Aberdeen satellite to its technology company in Houston. Prediction was that staffing in Europe's energy capital would build to about 70 by now, and it has, with the prospect of growing to 120 - more than originally anticipated.
Oil & Gas
TURNING to the wider subsea intervention scene, other companies continue to make progress, notably Island Offshore, whose latest interventional vessel, the 116m Island Wellserver, is scheduled for deployment with StatoilHydro, starting during the current quarter.
IN 2007, there were two key events that will help set the future pace of lightweight subsea well intervention - and both involve the Aker brand.
The first quarter of 2008 saw a doubling of E & A (exploration and appraisal) drilling levels compared with the same period for 2007, with 20 wells started and nine sidetrack legs initiated.
ITALIAN energy giant Eni has reported a new oil discovery in the Timor Sea in the jointly administered area held by Timor Leste and Australia. Eni said the exploration well, Kitan-1, was drilled in block JPDA06-105, some 500km off the Australian coast, to a total depth of 3,568m (11,707ft) and encountered a "significant" column of hydrocarbons.
NORWEGIAN company Awilco Offshore has taken delivery of its fifth ultra-premium jack-up drilling rig from the PPL Shipyard in Singapore.
TULLOW Oil plans to launch a new exploration drilling campaign on block 2 of its acreage in Uganda this month.
IT SEEMS that the long-awaited award of the last two blocks (5 and 6) in the licensing round for concessions in the Nigeria-Sao Tome and Principe Joint Development Zone (JDZ) will now be made in May, according to Patrice Trovoada, prime minister of Sao Tome. The round had been suspended 18 months ago.
IRAN has told Total and Shell that it will not extend the deadlines for completion of their South Pars development contracts beyond the present June, 2008, deadline.
A TOTAL of 148 BP employees working for TNK-BP have been recalled from Russia due to problems with registration, the joint venture has said.
PERENCO has been granted five new exploration blocks offshore Brazil in the deepwater sector of the Espirito Santo Basin. The company will operate blocks ES-M-416, ES-M-418, ES-M-472, ES-M-529 and ES-M-531 with 50% interest in partnership with Brazilian companyOGX Petroleo e Gas.
AMINEX has found gas offshore Tanzania in the Nyuni/East Songo-Songo block with its Kiliwani North-1 (KN-1) exploration well. This is an offshore milestone for East Africa as there has been little drilling to date.
TOTAL has signed an agreement with Nigerian company Conoil Producing to farm into deep offshore block OPL257 for a 40% interest, leaving Conoil as operator with a 50% interest, while another Nigerian company holds the remaining 10%.
ADDAX Petroleum reports the successful appraisal of, and addition to, its Kita Marine discovery offshore Nigeria on block OML123. The KTM-6 well, drilled with Transocean's GSF High Island IX jack-up drilling rig, encountered an aggregate gross oil column of 52m (173ft) over four zones.
STATOILHYDRO is to drill its first offshore prospect as operator in Canada during Q4 this year. The target is the Mizzen prospect (Flemish Pass Basin) off the east coast of Newfoundland and Labrador and the Transocean rig, Henry Goodrich, has been secured for the operation.
STATOILHYDRO has struck oil and gas with the first well drilled on the Obesum prospect in the Norwegian sector of the Barents Sea.
UK PRIVATE equity fund Epi-V has taken an 18% stake in Tarblaster, a Norwegian company that specialises in technology designed to increase the efficiency of the oil recovery process for oil sands. The business was launched in 2006 by Olav Ellingsen, an entrepreneurial developer of innovative oil-recovery technologies. Epi-V's investment will enable Tarblaster to scale up its new technology and begin successfully commercialising it for the global oil sands market.
A RELATIVELY new player in the UK North Sea sector, Fairfield Energy, hosted a reception at the Marcliffe Hotel, Aberdeen.
MORE than 400 people attended the 23rd Scottish offshore achievement awards dinner at the Mercure Ardoe House Hotel, near Aberdeen.
AGR will soon be on the move to a new Aberdeen home. The company has outgrown the current premises at Queens Terrace, where it started life as Peak Well Services some years prior to being acquired mid-2006 by Norwegian group AGR.
THE Press and Journal and Munro's Travel Group of Aberdeen have teamed up to launch their first Middle East oil & gas conference and exhibition initiative.
ONE of the upstream petroleum industry's premier charity fundraising events, the BG Energy Challenge, this year takes place in Plymouth on July 10-12.
SCHLUMBERGER has inaugurated a $100million-plus training facility in Tyumen, Siberia, the gateway city to many of Russia's oil&gas resources.
Dutch group IHC Merwede has taken over The Engineering Business (EB), one of the UK's best design, engineering and construction outfits serving the needs of the offshore industry.