DNV GL has established a joint industry project (JIP) to develop a risk-based maintenance methodology with the aim to deliver more effective and cost-efficient blowout preventers (BOP) maintenance. The maintenance of BOPs has significant financial…
Greece-based exploration firm Energean Oil & Gas has launched a US$225 million investment program to develop 30MMbbl of reserves in North West Greece and to increase production from the Prinos, Prinos North and Epsilon fields to 10,000bbl/day by 2016…
BG Group says the results of a second drill-stem test (DST) on the Mzia discovery in Block 1, offshore southern Tanzania, has provided further support for a hub development to supply an onshore LNG project. The DST in a side-track on the Mzia-3 appraisal well…
Aker Solutions, with a total of 51 contracts, is leading the field on contracts won on the UK Continental Shelf (UKS) and Norwegian Continental Shelf (NCS) over the past four years, according to the latest report from the Energy Industry Council (EIC)…
Petrobras and Foro Energy signed a technology cooperation agreement (TCA) for high power laser drilling research and development. The program with the Leopoldo Americo Miguez de Mello Research & Development Center (CENPES) will focus on developing…
The Aasta Hansteen project, one of biggest and most complex industrial projects in Europe, is on schedule to begin production in 3Q 2017, says Statoil. Statoil, which made a presentation about the project at ONS, in Stavanger, this week…
ONS, Stavanger: The world’s need for energy is driving interest in further industrial activity in the Arctic, yet the region’s conditions are highly variable depending on the type of activity, location and time of year. This creates a complex risk picture…
Shell made a gas discovery at the deepwater Majoram-1 well 180km off the Malaysia coast. The Marjoram-1 well is located in Block SK318, in 800m of water. Shell says the addition of new natural gas resources this year ensures the company is able to continue to provide cost-effective…
Lagos-based Star Deep Water Petroleum signed a contract extension for Pacific Drilling’s Pacific Bora. The Pacific Bora is currently drilling offshore Nigeria. The contract extension increases the drillship’s backlog by approximately US$439 million…
A UK-based energy expert has called for the Norwegian and UK governments to agree a united regulatory regime to enable better standardization efforts around the North Sea. Philip Lambert, CEO at Lambert Energy (right), said there should be a pan-North Sea effort at standardization…
Oil companies operating on the Norwegian Continental Shelf (NCS) were this morning warned that cost cutting should not lead to fewer projects and leaving behind economically viable fields, Norway’s Minister of Petroleum told ONS conference delegates in Stavanger this morning…
TGS announced a new multi-client 3D seismic survey offshore Sierra Leone. The survey, Sierra Leone Block 4A Extension, will add 1000sq km of new 3D data to the existing 6268sq km of 3D data library in Sierra Leone. 'This survey…
Wood Group Kenny (WGK) has won two contracts with a total value of over US$2 million with Brazilian operator Petrobras. In the first, Wood Group Kenny has begun a conceptual engineering study of two alternatives of pipeline heating systems for the Petrobras pre-salt Lapa field…
UK-based engineering firm Aquaterra Energy has launched a Riser Monitoring System (RMS) it believes will revolutionize integrity management and bring improved reliability and accuracy of data acquisition to the offshore oil and gas industry…
Statoil and BP continue to the most active operators on the UK Continental Shelf (UKCS) and the Norwegian Continental Shelf (NCS) according to the latest report from the Energy Industry Council (EIC). Image: Fig 1. The report, based on EICDataStream…