Hess shows the carefully staged choreography of 14 cranes as they hoisted the 1000-tonne Tubular Bells main deck 100ft in the air to set it into place atop the production and cellar decks at a Houma, Louisiana fabrication facility. The Tubular…
Italian explorer Eni sanctioned the Offshore Cape Three Point (OCTP) deepwater development project that will provide domestic gas supply to Ghana’s thermal power plants for more than 15 years. Image from Eni…
New York-headquartered Hess says it is cutting its 2015 capital and exploration budget by 16%, compared to 2014, to US$4.7 billion. While the firm said most of the cash (45%/$2.1 billion) would be spent on its unconventional shale resources…
Flow technology specialist SPX has opened a new Aberdeen Service Centre to provide local specialised pump repair services to independent oil companies and service providers in the North Sea oil and gas sector. Located in the ABZ Business Park…
BPZ Energy spudded a new well in the Albacora development well, offshore Peru. Map of Block Z-1. From BPZ. Well A-22D was spudded on 10 January due to positive results from Albacora well A-27D…
Chevron’s Australian subsidiaries signed a binding sales and purchase agreement (SPA) with SK LNG Trading (SK), in which SK will receive 4.15 million-tonne of liquefied natural gas (LNG) over a five-year period starting in 2017. Gorgon LNG site…
Lekoil Nigeria is eying a two-phase field development plan for its Otakikpo marginal field project offshore Nigeria. The firm, which received approval, in early December 2014, to perform planned recompletions of the 002 and 003 wells on Otakikpo…
DONG Energy provides this time-lapse video of the Herje topsides construction process, which took place from April to October 2014. Hejre is Dong Energy’s first high-pressure, high-temperature (HPHT) development and is expected to begin production in 2017 with an estimated 170 MMboe…
Egypt’s bid to pay off its mountain of debt to international oil companies and improve contract terms could create a rush of activity to make up for lost time. Patrick Werr reports. Former chairman of Egypt’s state-owned gas holding company…
Petrofac awarded CNIMa contract to design, build and commission a cooling system consisting of two custom-made absorption chillers to be installed aboard Petrofac’s new JSD6000 deepwater derrick lay vessel. The JSD6000 will be available in 2017…
Anadarko began first production at the Lucius field in the US Gulf of Mexico. Image of the Lucius spar. From Anadarko. Lucius is located approximately 380km southwest of Port Fourchon…
ExxonMobil began production at the Arkutun-Dagi field, off Russia. Image of the Arkutun-Dagi topside. Arkutun-Dagi is part of the multi-billion-dollar Sakhalin-1 project, which also…
Det norske is planning a US$238 million development for the Viper-Kobra fields near Alvheim in production license (PL) 203, in the central North Sea, off Norway. Map of Alvheim field. From Det norske…
Mubadala Petroleum’s US$300 million Manora oil development is now producing from five wells in the northern Gulf of Thailand. The Atwood Orca jackup. From Atwood. The Manora oil field is located within the G1/48 concession…
Deloitte’s Petroleum Services Group’s latest North West Europe Review has revealed a drop in drilling, deals and new field start-ups in 2014. Deloitte says the drop in drilling was consistent with expectations, given recent trends and market conditions…