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OE Press: 2015 / July

Friday, 31 July 2015 02:51

Guidelines hope to minimize shutdowns

Oil & Gas UK has launched new guidelines to minimize the frequency and duration of planned maintenance shutdowns and to improve the reliability and safety…
Marginal field-focused explorer Enegi Oil's joint venture with ABTechnology (ABTOG) has signed a collaboration agreement with global engineering and design consultancy Arup.   Arup becomes…
Thursday, 30 July 2015 10:40

Yolla-6 online at BassGas

The Yolla-6 development well at the BassGas project offshore Australia has been successfully tied-in to export facilities on the Yolla platform and production from that well has…
Thursday, 30 July 2015 03:04

Wood Group inks Browse gig

Wood Group has secured a new contract to carry out front-end engineering and design (FEED) for the Woodside operated proposed Browse floating liquefied natural gas…
Thursday, 30 July 2015 02:50

Petronas spuds Irish prospect

Petronas subsidiary PSE Seven Heads has started drilling on the Midleton prospect offshore Ireland, according to partner Landsdowne Oil & Gas.  PSE Seven Heads, a…
Thursday, 30 July 2015 02:50

Subsea 7 on BP's West Nile Delta

Subsea 7 has won a contract worth about US$500 million from BP for the development of the Taurus and Libra subsea fields offshore Alexandria, Egypt. …
Wednesday, 29 July 2015 11:09

GlobalData: global upstream activity falls

Global upstream oil and gas deal activity, including capital markets and mergers and acquisitions (M&A), totaled US$19.3 billion from 125 transactions in June 2015, marking…
Wednesday, 29 July 2015 03:03

Gullfaks South adds 65 MMboe

Production from the Gullfaks South (GSO) fast-track project for improved oil recovery in the North Sea started 27 July, increasing output from the Gullfaks area…
Tuesday, 28 July 2015 04:04

Husky still assessing West White Rose

Husky Energy says it still continues to assess potential development options for its West White Rose extension in the Jeanne d'Arc Basin. The firm started…
Major offshore upstream investment has dwindled to such a level that we may be able to count the number of projects that reached a final…
PA Resources has submitted an updated plan of development for the Zarat field to Tunisian authorities. The updated plan, developed by PA and partner, state…
Tuesday, 28 July 2015 03:34

Trapoil to take on Jog in reverse deal

Junior exploration firm Trapoil has agreed to acquire Jersey Oil and Gas E&P (JOG) for £495,000 and raise about £820,000 to cover its costs.  In…
Tuesday, 28 July 2015 03:30

Technip wins PFLNG1 tieback work

Technip has been awarded an engineering, procurement, construction, installation and commissioning contract by PETRONAS Carigali for the tie-in of PETRONAS first floating liquefied natural gas…
SBM Offshore completed the project financing of the Cidade de Saquarema floating production and storage offloading vessel (FPSO) for a total of US$1.55 billion, which is the…
Monday, 27 July 2015 11:05

41 more UKCS licenses awarded

More than 40 new exploration licenses have been issued in the UK North Sea by the newly formed industry regulator Oil and Gas Authority (OGA).…
Monday, 27 July 2015 09:51

Red Emperor receives farm in approval

Red Emperor Resources NL announced that it has received formal notification from the Department of Energy of the Republic of the Philippines that approval of…
Monday, 27 July 2015 09:47

Cue discovers new Auz formation

Cue Energy discovered a new play type offshore Western Australia and is requesting an extension from NOPTA in order to allow further time to mature…
Maersk Drilling has been awarded a contract extension for the jackup rig Mærsk Innovator with ConocoPhillips Norway for work on the Eldfisk field, part of…
Primeline Energy has contracted China Oilfield Service Co. (COSL) as drilling contractor for its Block 33/07 exploration program in the East China Sea. Primeline says…
Monday, 27 July 2015 03:18

Shell, BG deal clears Brazilian hurdle

Shell's acquisition of BG Group has cleared another major hurdle - unconditional merger clearance from the Brazilian competition authority (CADE).  The  clearance follows CADE’s initial…
Monday, 27 July 2015 03:07

The evolution of subsea EPC

The subsea sector is highly consolidated with just five players servicing the US$12billion annual requirements of the global exploration and production community. The two largest,…
Paragon Offshore announced that certain wholly-owned subsidiaries of the company, which were part of the company's acquisition of Prospector Offshore Drilling have closed the combined…
Australia and UK-based Global Petroleum says it is seeing progress on its bid to gain blocks in the Adriatic Sea, but that the company is…
Thursday, 23 July 2015 13:57

Caley completes IWOCS intervention runs

A portable Intervention Work Over Control System (IWOCS) deployment system developed by Caley Ocean Systems has been used to successfully test the manifold functions on…
Thursday, 23 July 2015 12:33

Global Marine wins Clair Ridge contract

Global Marine Systems has secured a contract that will see it provide personnel and equipment that will support the delivery of a submarine fiber optic…
Thursday, 23 July 2015 11:49

DW: FLNG 'set for new wave of growth'

Analysts at Douglas Westwood say despite a current pause in commitments to new projects, the capital expenditure (capex) for Floating LNG (FLNG) vessels is expected…
Thursday, 23 July 2015 11:01

Cygnus module North Sea bound

One of the largest oil and gas topsides built this year set sail on July 23 from Burntisland Fabrication’s (BiFab) Methil yard. Cygnus manifold. Image…
Thursday, 23 July 2015 10:17

Statoil spuds first Gina Krog well

Statoil began drilling of the first production well at the Gina Krog field on 20 July, just eight days after the drilling rig arrived at…
Thursday, 23 July 2015 03:04

UK offshore wind still in lead

The UK will remain the leading offshore wind power market globally by 2025, with its installed capacity increasing from 4.5GW in 2014 to 23.2GW by…
Wednesday, 22 July 2015 03:59

New UKCS abandonment guidelines

Oil & Gas UK has released updated well abandonment guideslines to improve cross industry understanding of well-related issues on the UK Continental Shelf. The new…
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