Sales and marketing support company Wellton Energy has opened a new office in Norwich, UK, to serve the small and medium enterprise sector of the oil & gas industry.
The UK has approved Dana Petroleum’s US$1.6 billion Western Isles project, which seeks to develop the Harris and Barra oil fields. The nine-well northern North Sea development is expected to produce 40,000b/d in 2015. Both fields hold an estimated 45 million barrels.
BP has pulled out of Yacheng gas field in the South China Sea, selling its 34.3% stake to KUFPEC, a subsidiary of KPC, for US$308 million. Pending approval by CNOOC, the deal is expected to close 2H 2013.
Natural gas is still not a global fungible commodity, although the LNG trade steadily grows as projects and the global fleet expand. ExxonMobil thinks that worldwide natural gas use will grow more than any other fuel – by 65% over the next 30 years…
Delegates at the Arctic Technology Conference, held recently in Houston, examined the potential of the region to the oil & gas industry. Victor Schmidt and Nina Rach listened in.Two Russian icebreakers create a wide path for the LNG carrier…
The challenges of drilling in the Arctic have become so multifaceted it’s hard to know what position folks line up behind. If it were just the usual environmentalist vs oil companies – and that fight is perennial to be sure – things would be clearer…
Rice, Moscow State study toxic groundwater Rice University teams up with Moscow State for radioactive waste solutionGraphene oxide has a remarkable ability to quickly remove radioactive material from contaminated water, researchers at…
Shell drillship finds safe harbor at Kiliuda Kulluk in transit (Photo: Coast Guard Operations Specialist 3 Dale Arnould.)Recovery teams were able to tow Shell’s Arctic-class drillship The Kulluk to Kiliuda Bay where it is now anchored at a safe harbor at Kodiak Island…
AKCS coup furthers Aker's Canadian expansionAker Solutions strengthens its commitment to the Canadian oil and gas market through taking full ownership of Newfoundland and Labrador-based AKCS Offshore Partner.'The buy-out will support…
FMC buys 173-acre parcel of land in Houston Map of Generation Park in HoustonFMC Technologies, Inc. announced that it has purchased a 173-acre parcel of land in Houston, Texas. FMC Technologies has experienced significant growth over the…
Fugro Renewable Services has launched the Inclinocam, which the company bills as a real-time inclination monitoring service to support safe offshore pile installations. The announcement follows the delivery this year of two high performance…
Dana chooses Subsea 7 for Western Isles EPIC Dana Petroleum's Western Isles developmentSubsea 7 S.A. announced the award of a contract valued at approximately US$300 million from Dana Petroleum, for the provision of subsea EPIC services in support of their Western Isles development project…
Could a chain of islands designed to house and feed workers closer to production locations be a viable solution to the daunting logistical challenges faced by operators working in remote offshore locations in Brazil and other parts of the world…
ITF, the global industry technology facilitator, was set up in 1999 and is today owned by 30 major operating and service companies from around the globe, Qatar Petroleum having become the latest recruit in July. Meg Chesshyre talked to chairman…
Having partnered successfully through the Scira Offshore Energy joint venture company on the Sheringham Shoal development, Norway's Statoil and Statkraft are working together again on another UK North Sea wind farm project. This follows the acquisition of Dudgeon Offshore Wind…