Spain's Repsol has agreed a deal to buy Canadian exploration and production company Talisman Energy for US$8.3 billion plus debt - amounting to the largest international deal by a Spanish company in five years. The deal, which had been rumored for some months…
The production test for Eni’s Minsala Marine 1 NFW exploration prospect, in shallow waters offshore Congo is complete. Map from Eni. Minsala Marine 1 NFW, located in the Marine XII block…
With oil prices plummeting to a five year low, and project cut backs likely in 2015, short-term funding for US shale may lose out to the country’s higher cost deepwater developments, the latest article by leading petroleum industry advisor Gaffney…
Husky Energy began production at its Liuhua 34-2 gas field in the eastern South China Sea. The Liuhua 34-2 gas field is in a water depth range of 850-1250m. The gas field consists of one producing well and shares the existing facilities of Liwan 3-1 gas field for overall development…
Chevron North Sea is considering a new bridge-linked platform (BLP) on its Captain field in order to carry out an enhanced oil recovery (EOR) project, using polymers, on the field. Newly formed engineering group Amec Foster Wheeler has…
Wood Group PSN (WGPSN) has been awarded a five year contract worth about $750million by BP for engineering, procurement and construction services on six UK continental shelf (UKCS) offshore upstream assets and the Forties Pipeline System (FPS) onshore midstream facilities in Grangemouth…
Tendeka has secured a four-year contract extension with Statoil for the supply of sand-face completion equipment for the Troll field, as well as other fields under Statoil’s operation in the Norwegian Continental Shelf (NCS). The agreement will see Tendeka install up to 40…
Total is changing things up by restructuring its exploration and production branch into five geographical divisions, an exploration division and five functional divisions. Image from Total. Changes…
Watch as Eni shows the journey of the N’Goma FPSO as it sails away from Singapore and arrives at the Paenal yard for module lifting. SBM Offshore discussed the makings of its Paenal Shipyard in OE's October 2014 issue. The vessel…
For Western-based service companies whose products or personnel were at work in the waters off the Russia, projects that were already complex by virtue of the location became substantially more so with the recent Western sanctions against the Russian Federation…
Det norske oljeselskap has begun deployment of AVEVA’s Progressive Handover Solution to manage life cycle information for its Ivar Aasen field project in the North Sea. The AVEVA solution allows Det norske to benefit from improved information…
Centrica Resources Norge’s wildcat well 6707/10-3S is being permanently plugged and abandoned after making a minor gas discovery in the Norwegian Sea, according to the Norwegian Petroleum Dictorate (NPD). Map of PL 528 B…
Aberdeenshire-based Tritech International has relocated its design and production operations to a new site within the Cumbrian town of Ulverston. The company has been operating in Ulverston since 1986 and in July 2013 began ground works on a new purpose-built building…
Italian giant Eni began production of first oil from its West Hub Development project in Block 15/06, offshore Angola. N’Goma. From SBM Offshore. Block 15/06 covers about 2984sq km…
Modec’s Cidade de Mangaratiba MV 24 floating, production, storage and offloading (FPSO) vessel achieved first oil production in October in the BM-S-11 block, located in the giant pre-salt Santos basin, offshore Brazil. The Cidade de Mangaratiba…