DONG Energy has today agreed to sell its E&P business, including a stake in the Rosebank field, west of Shetland, to petro-chemical business Ineos for US$1.05 million, plus $250 million in contingent payments. Ineos, which recently acquired the Forties pipeline system from BP…
BP has launched a 'return to growth' for its North Sea business after marking first oil from the Quad 204 project, west of Shetland on the UK Continental Shelf. Quad 204 is redevelopment of the 1 billion barrel plus Schiehallion and Loyal fields…
Premier Oil says it will begin a short subsea tie-in campaign next month at the Varadero prospect, as its Catcher project remains on track to deliver first oil later this year. Image from Premier Oil Premier…
Italian giant Eni has gotten a jump-start at its deepwater Jangkrik Development Project offshore Indonesia, starting gas production ahead of schedule. The Jangkrik FPU. Image from Eni Twitter. Jangkrik consists of two gas fields…
Total has signed up to explore another deepwater block offshore Mauritania that the French giant says is in a high-potential zone. Image from Total. Total inked an exploration…
BP has achieved first gas from two fields - Taurus and Libra - in the West Nile Delta (WND), offshore Egypt, eight months ahead of schedule. Image of West Nile Delta, from BP. “The…
Elaine Maslin looks at efforts to breathe new life into old oil and gas platforms, such as refitting for renewable energy, while also cutting CO2 emissions and cost. An illustration of the Win Win (wind-powered water injection) project…
Offshore enhanced oil recovery pilots in the North Sea are paving the way towards helping to get more heavy oil out of the ground. Elaine Maslin reports. Biopolymer containers on Heidrun’s deck…
Audrey Leon chats with Statoil’s Helge Hove Haldorsen about the positive results emerging from Mexico’s energy reform, how it compares to Statoil’s own experience as a state-owned operation, and its overall strategy in the Mexican Gulf. Helge…
Ahead of the Underwater Technology Conference (UTC) in Bergen this June, Elaine Maslin spoke with program chairman Nils Arne Sølvik and Statoil’s Chief Engineer Subsea Technology & Operations, Rune Mode Ramberg, about some of the topics likely to come up…
AGR has been awarded a frame agreement to deliver well and drilling engineering advice to the Norwegian Petroleum Directorate (NPD) to support evaluation of drilling programs, well design and testing, completions and plugging and abandoning…
Kongsberg Maritime Inc., the North American division of Norway headquartered marine and offshore technology company Kongsberg Maritime, and Houston headquartered Stress Engineering Services have formed a strategic alliance to better serve…
ABS granted Approval in Principle (AIP) to Frontier Deepwater Appraisal Solutions for an ultra deepwater Appraisal Production System (APS) that will provide critical production data for reserves located in ultra deepwater areas. Intended for deployment early in the appraisal process…
GE has upgraded its ProSolv WI8581 wax inhibitor for offshore and onshore oil and gas production. Wax inhibitors help producers maintain an uninterrupted flow of crude oil. GE's upgraded product is highly concentrated and winterized to improve efficiency and cost-effectiveness…
Houston-based Flotek Industries and IBM have agreed to develop a cognitive reservoir performance system for the oil and gas industry. The new system uses IBM Watson Explorer technology to analyze Flotek’s proprietary oilfield chemistry research…