A tropical cyclone has led Jadestone Energy to pause its infill drilling program at the Stag oilfield offshore Australia, the independent oil and gas production company in an operational update on Monday.Jadestone said the Ensco 107 jack-up rig arrived on location at the Stag platform on March 15…
Baker Hughes, General Electric Co's oilfield services arm, posted an 85 percent jump in adjusted quarterly profit on Thursday, boosted by surging demand for its services.Unlike rivals Schlumberger NV and Halliburton Co, Baker Hughes has less exposure to the North American pressure pumping sector…
Irish-domiciled multinational oilfield services company Weatherford said it has made a major enhancement to its ForeSite production optimization platform, which combines physics-based models with advanced data analytics to improve performance across wells…
Norwegian oil and gas firm Equinor has awarded an engineering, procurement and construction (EPC) contract to OneSubsea, a Schlumberger company.The contract is for the supply of the industry’s first all-electric actuated subsea boosting system for the Vigdis Field in the Norwegian North Sea…
The first phase of a new diesel engine maintenance and service program has been completed for vessels owned by international drilling contractors Stena Drilling, power specialist Royston said.Work on the Wartsila 16v25 No.3 generator on board…
UK operators have gone a long way to reducing their costs and are even starting to look at investment, delegates attending the Oil & Gas UK Share Fair in Aberdeen early November learned. Elaine Maslin reports (First published in the December 2017 OE…
Mubadala Petroleum has started a three-well drilling program at the Manora oil field in the northern Gulf of Thailand, says partner Tap Oil. The program in the G1/48 concession, using the Atwood Orca jackup drilling unit, comprises two development wells and an exploration well…
Elaine Maslin surveys some of the heavy oil field developments in the UK Continental Shelf, plus some of the technology aimed at unlocking it. The Pilot area. Image from The Steam Oil Co. Heavy…
Offshore heavy lift installation work is complete, and hook-up and commissioning work has started on Statoil’s Mariner heavy oil field. Elaine Maslin reports on progress, including work optimizing the field’s 100+ wells scope. Statoil’s 38…
EnQuest’s Kraken heavy oil development in the UK North Sea is taking longer to ramp up than expected with topsides equipment commissioning taking longer than expected. However, full cycle gross project capex on the field is now estimated to be about US$2…
Schlumberger has opened a new purpose-built Production Technologies Center of Excellence aimed at solving customers’ global challenges related to oil and gas production chemistry, particularly those encountered in deepwater, heavy oil and other extreme environments…
Gazprom Neft has commissioned two new production wells at its Prirazlomnoye field in Russian arctic waters. The new wells bring the total number of wells currently in operation at the Prirazlomnaya platform to 10, six of which are production wells…
Houston-based Vaalco Energy restarted production at the Avouma 2-H well on the Avouma platform, offshore Gabon, after utilizing a hydraulic workover unit to replace a failed electric submersible pump (ESP) system. Gabon drill floor operations…
Zilift, a developer of permanent magnet technologies for innovative artificial lift applications for the energy sector, has successfully achieved the installation, operation and retrieval of a slim-line cable deployed electrical submersible pump (ESP)…
Vaalco Energy has closed on the purchase of an additional 3.23% participating interest (2.98% working interest) in the Etame Marin Permit, offshore of the Republic of Gabon from Sojitz Etame, which represented the full interest owned by Sojitz Etame in the concession…