Lukoil Makes Oil Discovery Offshore Mexico

(OE) Russian oil company Lukoil has said it has discovered an oil field within the Yoti West structure at Block 12 offshore Mexico.  The field was discovered after drilling the first exploration well. According to preliminary estimates, the initial oil in place reaches 250 million barrels, Lukoil said. Lukoil used the Valaris Valaris 8505 semi-submersible... Continue Reading →

Houlder Supports Firm Developing Micropiling Tech for Offshore Wind

(OE) Design and engineering consultancy Houlder said Tuesday it was supporting Subsea Micropiles, a company adapting land-based micropiling technology to create superior marine foundation and anchor solutions. Houlder is providing marine operations and engineering support to speed up market development and the deployment of Subsea Micropiles’ technology."Innovative foundation technology is essential to reducing costs and... Continue Reading →

Tullow Leaves Suriname

Suriname has been described as the next big thing in the offshore oil and gas exploration world, as its proximity to Guyana where ExxonMobil has discovered around 10 billion barrels of oil so far has led oil companies, including ExxonMobil, to hope there's similar riches to be found in the Surinamese waters, too. However, while the... Continue Reading →

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