Greenfields Petroleum subsidiary Bahar Energy Operating Company (BEOC) and SOCAR Complex Drilling Works Trust (SDT), a subsidiary of the State Oil Company of the Republic of Azerbaijan (SOCAR), have signed a memorandum of understanding to…
The Israeli Petroleum Commissioner has awarded Energean Oil & Gas five offshore exploration licenses covering Blocks 12, 21, 22, 23, 31, which were available for bidding in Israel’s first offshore bidding round. Each license has an initial exploration period of three years…
Accurate monitoring of oil and gas production is an increasingly valuable tool for operators and surveillance engineers but, until recently, visibility of data has been almost exclusively available to on-site operators. For those involved in remote surveillance and decision support…
UK Continental Shelf (UKCS) operating costs dropped by 14% in 2016, with operators securing about £1.1 billion reductions in operating expenditure (OPEX), according to the UK Oil & Gas Authority’s (OGA) inaugural report, “Analysis of UKCS Operating Costs in 2016”…
Keppel Offshore & Marine, through its subsidiaries, has inked new contracts froom Petrobras and SOFEC, worth in total about US$96.22 (S$130 million). Keppel Shipyard's contract from SOFEC is for the fabrication of a turret mooring…
Danish oil firm Maersk Oil has published a video with timelapse footage and interviews with key people, showing the main 2017 milestones in the UK North Sea Culzean development. The Culzean field - discovered in 2008 - is in the UK central North Sea…
German cable firm NKT is testing power cables for a wave power project in Norway. For the project in Norway, NKT has developed a dynamic 1 kV cable as well as a semi-dynamic 24 kV export cable for power export. The cables are currently…
McDermott International has received a fifth contract award under an existing agreement from Saudi Aramco for work on the Safaniya field onshore and offshore Saudi Arabia. Under the engineering, procurement, construction and installation (EPCI) contract…
New tax measures aimed at making it more attractive for North Sea oil and gas assets to change hands have been welcomed by industry. In his Budget statement made in the UK Parliament yesterday (22 November), the Chancellor of the Exchequer Philip Hammond…
Noble Energy has chosen Gate Energy to provide facility commissioning for the Leviathan platform offshore Israel. The scope includes topside commissioning planning, onshore commissioning execution and offshore commissioning services of the production platform…
Wintershall and its partners have been given the green light to start production next month from the Maria field in the Norwegian Sea. Maria development. Source: Wintershall. The development…
The BP-led Shah Deniz consortium is on track for first gas for stage 2 of the giant project next year, following the installation of the last two major topsides facilities in the Caspian Sea, offshore Azerbaijan. Shah Deniz 2 PR platform installed…
The trophy for this year's Offshore Achievement Awards in Aberdeen has been picked, with less than a month to go now until entries close for the Society of Petroleum Engineers' organized event, supported by OE (Offshore Engineer). Each year the organizers of the awards…
UK-based oil and gas exploration minnow i3 Energy says drilling is expected to start on its North Sea Liberator development in 1H 2018. The firm says 2P reserves on the field have been increased from an estimate of 11.7 MMboe, re-classified from 2C resources of 9…
French geoscience firm CGG has been awarded a contract by Côte d’Ivoire’s Direction Générale des Hydrocarbures (DGH) and PETROCI, the national oil company, to acquire with its local partner, Harvex Geosolutions, a multi-client program of gravity…
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