Texas-based Excelerate Energy has been selected by UK-based exploration firm Ophir Energy to lead a consortium to build Africa’s first newbuild, open seas FLNG project. Excelerate will lead a consortium of technology providers charged…
RWE Dea Norge has started drilling the Atlas exploration well in production license 420 after approval from the Norwegian Petroleum Directorate (NPD). Atlas, also known as well 35/9-12 S, is located in the North Sea approximately 45km off Norway…
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…
ABS Group’s Brian Gibbs and David Hua discuss long-term strategies to extend the service life of aging offshore assets. Structural integrity is critical to sustaining stable, reliable, and optimal performance…
John MacDonald and Lee Tran of 2H Offshore discuss a methodology to help operators extend the life of steel catenary risers in order to keep pace with new subsea tiebacks projects. Intelligent PIGS can be used to assess internal corrosion…
Arctic-ready facilities: meeting the engineering challenge for a new era of offshore exploration. Mark Manton explains. The Sable South Centre module being loaded ready for installation at the Sable Offshore Energy Tier II Compression Project…
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…
The “unprecedented quantity of oil” that surged from 2010’s blown Macondo well has contaminated a wide swath of the ocean floor, settling into a ring encompassing 3200sq km, according to recently-published research by the Proceedings of the…
Repsol encountered high quality oil at the ultra deepwater well León, in the Keathley Canyon 642 block located in the US Gulf of Mexico. Map from Repsol. At León, located 352km from the Louisiana coast…
Hess Corp. is moving forward with the US$6 billion development of the Stampede Field in the deepwater Gulf of Mexico after a final investment decision was reached. Stampede, a joint development of the earlier Knotty Head and Pony discoveries…
ExxonMobil started drilling the Pelican South-1 well, its third and latest prospect in the Neptun Block off Romania in the Black Sea. Pelican South-1 is being drilled by Diamond Offshore's ultra-deepwater semisubmersible Ocean Endeavor about 155km offshore…
Kleven’s Myklebust Verft signed a contract with Ocean Yield ASA for modifications of the Aker Wayfarer vessel to become a deepwater subsea equipment support vessel (SESV). The Aker Wayfarer. From Aker Solutions…
Kenya will need to focus on providing a competitive and stable fiscal environment if it is to fully exploit its offshore gas industry and attract investors ahead of Mozambique and Tanzania, says an analyst with research and consulting firm GlobalData…
Petroleos Mexicanos (Pemex) and Chevron entered into a memorandum of understanding (MOU) intent on increasing cooperation in areas such as deepwater, heavy oil and mature fields. The preliminary deal also covers collaboration on natural gas…