Calgary-based Talisman Energy has said it may suffer writedowns on its UK North Sea assets in Q4 due to battling production efficiency and cost issues on its assets in the basin. In its third-quarter report, Talisman said its UK North…
Mubadala Petroleum completed drilling at the MNA-05 development well and began drilling at the MNA-07 and MNA-08 wells on the Manora Field, offshore Thailand. The Atwood Orca. From Atwood Oceanics…
Statoil aims to shed a further 15% on the capital cost for the Johan Castberg development, offshore Norway, before it can move forward, its project manager said. The up to 600MMboe Barents Sea Johan Castberg project has been delayed twice…
How much does Russia’s oil and gas industry stand to lose in light of increasing Western sanctions? Sarah Parker Musarra reports. In April 2014, the first oil produced from the Russian Arctic Shelf…
The Bureau of Ocean Energy Management (BOEM) released the draft supplemental environmental impact statement (SEIS) that predicts a higher exploration and production scenario than before for the Chukchi Sea Outer Continental Shelf Oil and Gas Lease Sale 193…
Sharing information about uncertainty budgets for flow meters could lead to a better understanding of measurement systems, says NEL’s Callum Hardie. Photo from NEL. While…
Ophir Energy has confirmed that it has made an offer to the board of Salamander Energy setting out the terms of a possible takeover. Ophir says there is a “compelling strategic logic for a combination of the two businesses,” with assets in both Africa and South East Asia…
GE’s new 20,000psi-rated BOP recently secured a contract with Maersk Drilling as part of BP’s own Project 20K program. Jerry Lee reports on the new BOP and its control system. Completed GE BOP stack. All images from GE…
First oil from ExxonMobil’s giant Hebron project off Newfoundland and Labrador is set for 2017. Sarah Parker Musarra received an update on the development from Geoff Parker, Hebron senior project manager, and examines its place in the Canadian energy economy…
Claudio Paschoa provides insights from technical sessions at this year’s Rio Oil & Gas event in Rio de Janeiro, Brazil. Petrobras Geophysics Manager Paulo Johann. Photo from IBP. At Rio Oil & Gas…
Noble Energy has targeted an early 2018 start-up date for its giant Leviathan gas field off Israel, according to its 3Q earnings statement. In addition, the Houston-based independent received government approval for a gas delivery point for the field in the northern part of Israel…
Total E&P UK Ltd. and Dong Energy are moving forward on a joint development of West of Shetland fields Glenlivet and Edradour. The joint development will tie-in to the Laggan and Tormore infrastructures where Total expects to add reserves of more than 65MMboe…
Total E&P Norge AS will sell an 8% interest in the Gina Krog field in Norway, together with its interests in the mature fields of Vilje (24.243%), Vale (24.243%) and Morvin (6%), to PGNiG Upstream International for US$317 million. The…
Eni's Australian subsidiary decided to shed its stake in the Heron area off Northern Australia after opting out of plans to drill a second well inside permit area NT/P68. The Italian explorer also elected to hold its current 50% share in the Blackwood area…
CGG received another major commitment to its Gulf of Mexico StagSeis multi-client program with the prefunding of the entire 871-offshore-block program by an international E&P company. StagSeis is a CGG multi-client solution that combines…