Senator Mike McGuire’s office is creating legislation to ban oil and gas drilling off the coast of California. The SB 788 Coastal Protection Act will close a loophole that could allow oil and gas developments in coastal waters. According to McGuire…
GE Oil & Gas is expanding its oil and gas business, according to a group of GE executives speaking at this week's Offshore Technology Conference (OTC) in Houston. The company is focusing more closely on its clients’ needs and is expanding…
The US Bureau of Ocean Energy Management (BOEM) granted conditional approval of Shell’s multi-year exploration plan for the Chukchi Sea today (11 May). The approval comes after what the agency described as a “comprehensive review.” Last month…
Tata Steel says it has become the first company to manufacture a submerged arc welded longitudinal (SAWL) line pipe installed through reeling method in the North Sea. Manufactured at Tata Steel’s Hartlepool 42in. UOE mill, the pipe was…
London-based junior explorer Sterling Energy is challenging the expiration of its first renewal period on the Ntem concession offshore Cameroon. The firm declared a force majeure on the 100% owned Ntem concession in May 2014, due to its…
BP and Total beat analysts’ predictions by reporting better than expected results this morning, despite consistently low oil prices. French oil major Total saw its fastest production growth in more than a decade and gains in its refining…
Oilfield services companies are putting a brave face on the continuing market downturn, despite some reporting shrinking order books. Subsea 7 and Fugro reported shrinking order books in their 1Q results this morning. Subsea 7’s…
Jerry Lee provides an overview of Mexico’s Ku-Maloob-Zaap (KMZ) heavy oilfield in the Bay of Campeche. Pemex’s Ku-S central processing installation at the Ku-Maloob-Zaap oilfield in the Bay of Campeche offshore Mexico…
Drilling in deeper waters calls for more advanced technology. Mark R. Luyster provides an overview of recent fluid advances for the completion phase of deepwater projects. The industry has evolved in the last decade to further drilling…
Statoil, Eni Norge, Lundin Norway, OMV and GDF SUEZ will team up to collaborate on solving operational tasks tied to exploration in the Barents Sea. Image from Statoil. The project…
The first well drilled using the new build jackup giant Maersk Interceptor (pictured) have reaped successful results for operator Det norske, the firm said this morning. The new unit, operating in the Norwegian sector of the North Sea…
This week commemorates the fifth anniversary of one of the worst oil spills in US history. On 20 April 2010, 11 lives were lost when BP’s Macondo well blew out, spilling millions of barrels of oil, igniting not just a fire, but change within the oil and gas industry…
The US Department of the Interior (DOI) is reviewing Shell's Arctic drilling plans, according to a recent Reuters report. On 31 March, DOI issued a record of decision affirming Shell’s Arctic leases from the Chukchi Sea OCS oil and gas lease sale 193 from 2008…
Strong performance in its subsea business has helped Technip offset “unsatisfactory” onshore and offshore revenues despite industry headwinds, the firm’s CEO Thierry Pilenko announced today. But, the chairman of France’s Technip, which recently launched a new subsea joint venture…
In this video, Lundin Petroleum shows the loading of the 16,000-tonne of steel and equipment comprised of both the main deck module and the process module for the Edvard Grieg platform onto barges, that occurred in the last days of March 2015…
Subscribe
