Production News

 

What lies beneath

Mar 01, 2015

Most of the Mexican side of the Gulf of Mexico remains unexplored. Dan McConnell explores the geotechnical knowns and unknowns in the basin. Acquiring geotechnical data for platform foundation design in Mexico’s Bay of Campeche Image from Fugro…

Low oil prices and activity on the UK Continental Shelf

Mar 01, 2015

It is widely accepted that the UK Continental Shelf (UKCS) is a high cost petroleum province by world standards. The collapse in oil prices from over US$100/bbl to less than $50 can thus be expected to have a substantial effect on activity levels…

Constructing Mariner

Mar 01, 2015

The Mariner heavy oil discovery on the East Shetland Platform in UK block 9/11 will be one of the largest offshore developments on the UK Continental Shelf in more than a decade. Meg Chesshyre checks on its progress. Chris…

Statoil submits Peregrino II plan

Feb 27, 2015

Statoil and its Peregrino field partner Sinochem submitted its US$3.5 billion development plan for the Peregrino Phase II project to Brazilian regulator, the National Agency of Petroleum, Natural Gas and Biofuels, at the end of January, the Norwegian explorer announced on 27 February…

UKCS stewardship under the spotlight

Feb 26, 2015

The UK’s new offshore oil and gas regulator is to require the top 20 North Sea operators by volume to present stewardship plans by April, as part of a string of actions to turnaround the industry published yesterday (25 February).  Stewardship…

Santos, INPEX gain off Western Australia

Feb 25, 2015

Santos and INPEX were awarded two exploration permits offshore Western Australia. Image from INPEX.   Blocks WA-513-P and WA-514-P are located about 500km north-northeast of Broome and cover areas of 335sq km and 415sq km…

Schneider Electric wins Kaombo contract

Feb 24, 2015

Saipem awarded Schneider Electric a contract to design, fabricate and pre-commission two E-House modules, fully-integrated technical buildings, to support the Total E&P Angola-operated deep offshore Kaombo FPSO project. Located 260km offshore Luanda in water depths ranging from 1400-1950 m…

Lundin farms-out Gemini

Feb 24, 2015

Lundin Petroleum, through its wholly owned subsidiary Lundin Norway, entered into an agreement to farm-out a 30% working interest in PL338C to Lime Petroleum Norway. PL338C contains the Gemini prospect, which is currently being drilled with the Island Innovator rig…

Valemon hook-up complete

Feb 24, 2015

Statoil and Wood Group Mustang Norway (WGMN) completed the hook-up of the Valemon platform in the North Sea. Valemon. From Statoil.   WGMN teamed with the Korean engineering, procurement…

FES gets Egina contract off Nigeria

Feb 24, 2015

Saipem awarded FES International a US$2 million contract to supply bend stiffener connectors (BSCs) for the Egina project. The BSCs will be used by global energy company, Total, at its third deep offshore development off the coast of Nigeria…

Oil & Gas UK paints bleak picture

Feb 24, 2015

Oil & Gas UK’s new report on offshore exploration, investment and production provides striking evidence of how rising costs, taxes and inadequate regulation have taken their toll on the UK industry’s international competitiveness. The…

Companies tackle high costs at IP Week

Feb 24, 2015

Escalating cost facing the global upstream sector was a recurring theme in presentations on the challenges facing new E&P developments during IP Week in London in mid-February. Meg Chesshyre reports.  An aerial view of the Laggan-Tormore development…

Talisman gets Snømus approval

Feb 23, 2015

The Petroleum Safety Authority Norway granted Talisman Energy Norge AS consent for exploration drilling of well 15/12-24 at the Snømus prospect. Image of the Maersk Giant jackup. From Maersk. The well is located in production license 672…

Noble suspends Israel investments, expansion

Feb 20, 2015

Noble Energy is suspending any further investments in the expansion of Tamar, and initial development of Leviathan until regulatory issues are resolved with Israel. Image of the Tamar field. From Delek…

Man overboard at Barents Sea's Goliat

Feb 20, 2015

The Petroleum Safety Authority Norway is investigating a man-overboard incident from the Scarabeo 8 ultra deepwater semisubmersible on the Eni-operated Goliat field in the Barents Sea. Image from Saipem…

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