TNW is taking a brave step as it launches its new intervention service line. Elaine Maslin reports on the company’s new business model – payment on results. Mini-coil installations. Photos from TNW…
A new concept in well tools could see one-off tools built, run and left downhole to disintegrate. Elaine Maslin reports. A computer graphic of the FLI design. Images from Well-Sense Disintegrating…
Choosing the right FLNG topsides equipment can be a complex process. Audrey Leon reports on some of the solutions presented by Black & Veatch at this year’s Offshore Technology Conference. The Carribean FLNG unit…
Estimates for total investments covering oil and gas, manufacturing, mining and quarrying and electricity supply in Norway expected to fall in Norway in 2017, mainly due a decrease in oil and gas and manufacturing. The projection, from Statistics Norway…
Old and partly lost slots that were given up as providers of new production triggered new solutions for Statoil’s Snorre B. The result was three wells with an average price of US$21.6 million (NOK 170 million), compared to NOK 490 as reference base…
BP has commenced a water injection project at its Thunder Horse platform in the Gulf of Mexico that will extend the production life of one of its biggest fields in the area, and recover an additional 65 MMboe. Thunder Horse…
Primeline Energy has begun arbitration proceedings against China National Offshore Oil Corp. (CNOOC) for continuing disputes over the development, production and sale of gas from the LS36-1 gas field in the East China Sea. Primeline, which has 49% stake in LS36-1 in Block 25/34…
Russia’s Novatek and Thailand’s PTT signed a memorandum of understanding (MOU) to cooperate and study potential joint opportunities in the exploration and production of hydrocarbons, the implementation of LNG projects, the supply of LNG and the development of LNG markets…
KrisEnergy nearly tripled its revenue in Q1 2016 and more than doubled its production when compared to Q1 2015, due to two new fields that started production in the Gulf of Thailand. Image from KrisEnergy…
Just 10 months after the discovery at the Nooros field offshore Egypt, Italian giant Eni has increased production at the field to some 65,000 boe/d. Image from Eni. The milestone…
Californian high-pressure valves firm BuTech is showcasing a new line of high-pressure relief valves at this week's OTC in Houston. BuTech’s new relief valves feature a state-of-the-art repeatable release design that minimizes the need for frequent recalibration…
Structural integrity monitoring should be a lifecycle tool and could make jackup moves safer. Meg Chesshyre reports from Oceanology International. Jackups. Photo by staff. A…
Switzerland-headquartered Sulzer is promoting single-phase boosting supported by subsea separation. The industrial engineering and manufacturing firm launched itself into the subsea separation business in 2014, when it bought Ascom and ProLabNL…
Kory Kinney, of IHS, takes a look at some of the projects underway in the US Gulf of Mexico. As we move through 2016, construction activity in the US Gulf of Mexico has begun dwindling…
With big data also comes big risks to security. DNV GL’s Nada Ahmed discusses how security standards can be raised within the oil and gas industry. New IT infrastructures and technologies…