More than 700 offshore fields are expected to cease production in the next five years, according to forecasts. Elaine Maslin reports. Two major events appeared to fire the starting gun for the UK’s offshore decommissioning market to take…
Kosmos Energy entered Equatorial Guinea with a splash by acquiring Hess' 85% stake in two long-producting oil fields for US$650 million, as well as signing production sharing contracts (PSCs) for three other blocks in the Rio Muni basin…
New figures released by the US Coast Guard (USCG) and the Bureau of Safety and Environmental Enforcement (BSEE) show that approximately 16,000 bbl (672,000 gallons) of oil have discharged from a damaged pipeline, operated by Louisiana’s LLOG Exploration…
The US Bureau of Safety and Environmental Enforcement (BSEE) released new numbers this morning (13 October) stating that more US Gulf of Mexico production than previously thought is currently shut-in. New numbers released show approximately…
Study area, in red. Map from Total. Total and the National Office of Petroleum of Guinea (ONAP) signed a technical evaluation agreement to study deep and ultra deep offshore areas located off the coast of Guinea Conakry…
While the trend in spending for oil and gas companies since the crash in oil prices has been a steep decline, production has remained relatively stable since 2015. This might lead to the conclusion that companies have found ways to remain just as productive in the new price environment…
A Dutch initiative is looking to combine gas to power production with CCS to unlock marginal fields on the Dutch Continental Shelf. Elaine Maslin reports. Images from Circular Energy. Like the rest of the North Sea…
With oil prices expected to remain low, decarbonization targets looming and infrastructure nearing the end of its life, is it time for the North Sea industry to start taking carbon capture and storage seriously? Emma Gordon reports from SPE Offshore Europe…
Norway has an ambitious plan to take carbon capture and storage offshore to a level which could potentially see the country becoming a store for other’s emissions. Elaine Maslin reports. Technology Centre Mongstad…
Deepwater Gulf of Mexico focused LLOG Exploration has set out plans for developing six projects, following successful exploration work in 2016-17, with nine deepwater wells due to be brought online by the end of 2018. One well is already producing…
Chevron’s Erskine field is back up and running offshore the UK, following maintenance work at Shell’s Lomond, according to partner Serica Energy. Erskine field restarted at the end of last week and the field has produced continuously over the weekend…
Production at Noble Energy’s Tamar platform offshore Israel has come to a stop after a crack was found in an emission pipe used to release natural gas and pressure, according to partner Delek Drilling. The Tamar platform…
Shell, operator of the Lomond platform, advised a delay to the restart of Chevron’s Erskine production pending completion of repairs, according to Erskine partner Serica Energy. Erskine. Image from Chevron…
Trelleborg Sealing Solutions used SPE Offshore Europe Conference & Exhibition in Aberdeen as a platform to launch its latest Isolastperfluoroelastomer (FFKM) material development. Specifically engineered for the offshore industry, Isolast J9554…
Schlumberger unveiled the new DELFI cognitive E&P environment at the SIS Global Forum today (13 September), which enables collaboration across exploration and production (E&P) teams and leverages the full potential of all available data and science to optimize E&P assets…