Repsol’s Director for Exploration and Production Technology Santiago Quesada discusses the company’s partnership with IBM aimed at developing cognitive technologies for better decision-making. As demand for oil and gas increases and oil plays mature…
Will subsea tech join fracking slowdown? There may be too much momentum. Bruce Nichols reports. Testing for Train 2 of the Asgard subsea compression system was completed in December at Aker Solutions’ dockside yard in Egersund…
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…
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…
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 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…
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 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…
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 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…
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…
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’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…
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…
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…
Subscribe
