BP provides this video on its LoSal enhanced oil recovery (EOR) remedy and how it applies to the Clair Ridge development. See more on this technology in the June 2014 issue of OE.
Total will exit the Shah Deniz field, following an agreement the French explorer reached with Turkish state-owned oil company TPAO. Total will sell its 10% interest in Azerbaijan field and associated South Caucasus pipeline for US$1.5 billion…
The National Oil Corp. (NOC), the national oil company of Libya, has signed an agreement with ION Geophysical Corp. and North Africa Geophysical Exploration Co. (NAGECO) to acquire 21,000km of 2D seismic data in Libya. Known as LibyaSPAN…
TAM International, an independent oilfield services company providing inflatable and swellable packers, received LEED (Leadership in Energy and Environmental Design) Silver certification for the new construction of its manufacturing facility located at 6935 Pinemont Dr…
An appeal by Greenpeace against Statoil’s plans to drill in the Barents Sea has been rejected, but the group is defending its right to occupy the location the rig is due to drill at. Activists scaled the Transocean Spitsbergen semisubmersible drilling rig on Tuesday…
Work will continue this summer and autumn on installing a permanement seismic monitoring system on the Snorre field in the Norwegian sector of the North Sea. A dedicated system, with a seismic streamer, will also be installed on Grane…
Petroceltic International's Muridava-1 exploration well on the Muridava (EX-27) license in the Romanian Black Sea has been plugged and abandoned after failling to find commercial hydrocarbons. The well, spudded on April 11 and drilled to 2747m total depth…
Polarcus has opened its first office in Norway. The new office is in the center of Stavanger, and adds to the firm's global network of regional marketing offices in London, Houston, Singapore, Moscow, and Rio de Janeiro. The firm says…
Singapore-based ASL Marine Holdings has won new shipbuilding contracts worth about S$91 million for the construction of three infield support vessels (of ART 100-42 class Rotor Tugs design) and one seismic support vessel (SSV). The…
Rolls-Royce has secured a £35 million (US$58.5 million) contract to design and equip a large offshore support vessel for Norwegian ship owner Island Offshore. The vessel, Island Victory, is a UT 797 CX design, featuring a 250 ton offshore crane…
CHC Helicopter’s Brazililian subsidiary, BHS (Brazilian HelicopterServices Táxi Aéreo), opened a larger hangar for its existing offshore flying operations in Cabo Frio, the company announced this week. The 6500sq m (about 70,000sq ft)…
UK-based explorer Trapoil has agreed a deal with private equity firm Prostar Capital, which could see Trapoil help Prostar sweep up undervalued North Sea assets. According to Trapoil, Prostar’s management believes that there is considerable value in the North Sea…
Eni has announced a restructure of its business into an “integrated operational structure”, under new business units. The new units will be: exploration; development, operations and technology; upstream; downstream and industrial. These replace the E&P…
Petrofac is set to continue to support EnQuest’s North Sea assets, after securing an operations and maintenance contract for up to 10 years. The contract, worth an estimated US$630 million, supersedes an initial five-year contract awarded to Petrofac in 2013…
Greenpeace activists who boarded the semisubmersible drilling rig Transocean Spitsbergen (pictured) 300km offshore Norway are now in the hands of Norwegian police, says Statoil. But, Greenpeace's ship, the Esperanza, has moved to the location where Statoil plans to drill…
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