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Petrobras plans to triple offshore exploration by 2017

2013-03-20 01:00:00| Offshore Technology

Brazil-based Petrobras has announced it plans to triple oil production from the country's extensive deepwater fields by 2017.

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Harris Pye Completes 60m Offshore Projects in Under a Year

2013-03-19 13:58:00| Offshore Technology

In April 2012, global maritime and offshore engineering group Harris Pye revealed that it had taken on 10.5m of offshore projects in just that month alone. This week - less than a year later - group managing director Mark Prendergast announced that

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Dresser-Rand To Highlight Deep Sea Solutions At The 2013 Offshore Technology Conference

2013-03-19 06:59:55| oilandgasonline News Articles

Dresser-Rand, a global supplier of rotating equipment solutions to the oil, gas, petrochemical, power, and process industries, will showcase innovative technologies designed to improve efficiency and reduce life cycle costs for the offshore sector, including deep sea solutions, at the 2013 Offshore Technology Conference (OTC).

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Statoil finds natural gas in Block 2, offshore Tanzania

2013-03-19 01:00:00| Offshore Technology

Statoil has announced that in collaboration with its joint venture partner ExxonMobil it has made a natural gas discovery in Block 2, offshore of Tanzania.

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Russia tax breaks for shale, offshore oil seen on Jan.1

2013-03-18 07:04:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Russian tax breaks for shale and offshore oil, to unlock millions of barrels, will come in to force on Jan. 1 2014, a Finance Ministry official said on Monday. The tight oil tax package will make Russia one of the few countries to incentivise the production of energy resources from shale and other 'tight' rock. The package will cut the tax burden which is one of the world's highest for oil and gas production and exports and prevents investment in fracking and other expensive unconventional...

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