The Gazprom Management Committee took note of the progress with the program for hydrocarbon resources exploitation on the Russian Federation shelf until 2030. It was mentioned that the Russian continental shelf was a region of the company's strategic interest…
The 45th annual Offshore Technology Conference (OTC) in Houston places the spotlight on the latest technological advances plus industry stars such as new head of BP Upstream Lamar McKay and PEMEX’s E&P director Carlos Morales-Gil. OTC returns to Houston’s Reliant Park complex May 6-9…
The crude oil production of five major international oil companies: Exxon, BP, Shell, Chevron, and Total, has fallen by 25.8% over the past 12 years. This follows an historic high in 2004, when total combined crude production reached 10.76 MMbo/d…
Hertel Offshore have signed a €70 million contract with Hyundai Heavy Industries for the engineering, design and construction (EPC) of the new accommodation for Statoil’s Aasta Hansteen platform. This is another big Norwegian contract…
Nexans, a worldwide expert in the cable industry, has made a breakthrough in the Malaysia offshore sector with the award of a major contract by Persada Engineering to supply an electro/hydraulic subsea umbilical for Sarawak Shell Berhad’s F29 field development…
A new tapered-stress joint is under development by UK-based pipe design and manufacturing firm Magma Global. The company is working alongside major oil companies Chevron, ExxonMobil, Shell, Statoil, and Petrobras, to develop the joint using Magma’s m-pipe technology…
A welcoming ceremony was held for two newbuild vessels SL Gabon and SL Libreville at Port‐Gentil, Gabon on 17 April. Among those attending the ceremony were the Minister Delegate of Transport Mr Emmanuel Jean Didier Biye, the Governor of the Ogooué Maritime Province Mr Martin Boguikouma…
Russia-based OMK held a ribbon-cutting ceremony to open its new pipe-manufacturing facility, which sits on 75 acres in Houston. The US$100 million investment was made in response to rising demand for oil country tubular goods (OCTG), especially by strong demand in North America’s shale plays.
Mokveld is proud to have been awarded the subsea anti-surge control valves for the Åsgard Subsea Gas Compression Project. Subsea gas compression is a technology approach that can boost recovery rates and lifetimes of offshore gas fields…
Citing unease over changing US regulations, ConocoPhillips opted to pause plans for its 2014 Alaska Chukchi Sea drilling program, the supermajor announced on 10 April 2013.Shell's oil spill response teams practice laying out nearly 600m (1,500ft)…
Elaine Maslin reports on the Southern North Sea 2013 Conference, organized by East of England Group With a large fleet of often unmanned and aging platforms, operators in the predominantly gas producing Southern North Sea (SNS) are having to face asset integrity issues head on…
Lebanon's Petroleum Administration has revealed the results of a pre-qualification process to select companies who will be able to bid in its first offshore exploration round. Of 54 companies applying to take part, 46 have been approved to bid in the round…
Woodside will not pursue its proposed Browse LNG development near James Price Point in northwestern Australia, the company announced on 12 April 2013.Following the completion of a technical and commercial evaluation, Woodside determined that…
Exploration could be radically altered by a simple idea, Victor Schmidt explains, saving industry months and millions. How does the offshore industry evaluate a new deepwater play? Conduct geologic research, examine studies, collect samples…
Shell has awarded Subsea 7 a US $135 million contract for work on its Fram oil and gas development located 220km east of Aberdeen, Scotland. Subsea 7 will handle the engineering, procurement, fabrication, and installation of a4.5 km in-field pipeline bundle measuring 44in in diameter…
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