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America

General Electric (GE) has opened its new $500m global research and development (R&D) centre in Brazil, which will focus on subsea oil and gas research, capitalising on $1.2 trillion offshore market opportunity.   The Brazil Technology Center, which is situated on the Ilha do Bom Jesus peninsula in Rio de…
Brent crude increased to $80 a barrel today as struggling oil prices try to cope with ample supply concerns ahead of the Organization of the Petroleum Exporting Countries' (OPEC) meeting.   Reuters reported that Brent increased 31 cents to $79.62 a barrel, while US crude rose 60 cents to settle…
Energy firm Hess and Chevron USA have commenced production at the Tubular Bells field, located in the Mississippi Canyon area of the deepwater US Gulf of Mexico.   Hess operates the Tubular field with a 57.14% working interest, while Chevron's subsidiary Chevron USA has a 42.86% stake.   Located 135…
  Norwegian oil and gas firm Statoil has decided to permanently shut down its Huldra platform in the North Sea following nearly 13 years of production.   The company recently carried out operational and maintenance works at Huldra platform, which came on stream in November 2001.   The platform produced…
Shell has started oil production from its Cardamom subsea development in the deepwater Gulf of Mexico.   Located in Garden Banks Block 427, about 362km south-west of New Orleans, Louisiana, the Cardamom field is expected to produce about 50,000 barrels of oil equivalent a day (boe/d).   Shell is piping…
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