Three Streams EngineeringFoster Wheeler buys Canadian engineering firmFoster Wheeler has acquired Calgary-based Three Streams Engineering for an undisclosed amount.Three Streams is a multi-discipline full service engineering, procurement…
Photo: Harald Pettersen / StatoilHammefest LNG has returned to normal production, Statoil announced on 28 November 2012.Production shut following a power failure on Monday 19 November. Statoil said both the plant's own power and that of…
EPAThe American Petroleum Institute (API) filed a lawsuit in the U.S. Court of Appeals for the District of Columbia late Monday against the Environmental Protection Agency (EPA) for its decision to mandate the use of 1.28 billion gallons of biodiesel in 2013…
Lamar McKayLamar McKay has been chosen as Chief Executive of Upstream at BP, the company announced on 23 November 2012.McKay will lead BP's combined Upstream business, comprising the Exploration, Developments and Production divisions together with the Upstream strategy and integration team…
Photo: Harald Pettersen / StatoilProduction at Statoil's Hammerfest LNG plant in Melkøya was shut after a power failure on Monday, the company announced on 19 November 2012.The power went down just before 2:30 p.m. and remained down for approximately 20 minutes…
Production on the Troll C platform in the North Sea has been resumed, following a shutdown on 15 November due to corrosion found in some tanks on the auxiliary system for treating gas.'A great effort has been made during the weekend to plan the repair work…
Production on the Troll C platform in the North Sea has been temporarily halted pending further investigation of corrosion found in the auxiliary system for gas treatment, Statoil announced on 15 November 2012.During a scheduled inspection…
Proserv workerAMEC has chosen Proserv to supply topside control equipment for GDF Suez's Cygnus field development on the southern North Sea, Proserv announced on 8 November 2012.Under the terms of the $1.9 million contract, Proserv will supply the design…
Some notable heavy oil projects offshore Brazil are entering advanced phases to increase or maintain production. Russell McCulley reports from Rio de Janeiro on the latest developments at three Campos Basin fields – Statoil’s Peregrino, Petrobras’…
Potentially game-changing research which seeks to unlock the potential of nanotechnology to help maximise production from oil wells and extend the life of mature fields is under way in the US under an ITF-funded laboratory-based particle research project…
A number of operators on the Norwegian shelf revealed updates of their field development plans at the recent Offshore Northern Seas conference in Stavanger, with a substantial list of projects and refurbishments going forward as part of the revitalisation of the Norwegian shelf…
Brazilian independent OGX kicked off 2012 with production at its offshore Waimea development. First oil came in January via an extended well test (EWT) to the FPSO OSX-1 just over two years after the field was discovered with OGX-3 in December 2009…
A prediction of an oil price slump in less than a decade prompts Andrew McBarnet to onder on the prevailing wind currently favouring the marine seismic business.Possibly the most provocative oil industry analysis to surface in the last few months emanates from the portals of academia…
Gas systems specialist Wärtsilä Hamworthy attributes its recent success in securing significant flare gas recovery (FGR) system contracts with Petrobras, Statoil, BP, ConocoPhillips and other operators to three key elements in its FGR system: flare closure…
Against a background of continuing financial uncertainty the oil price remains reasonably high, as does the level of activity in the North Sea, particularly in Norway with the planned development of the substantial Johan Sverdrup find. Reserves estimated at 1…
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