Shell and its partners on the Ormen Lange license have postponed plans for a ground-breaking compression project on the giant field, halting ongoing concept select work, citing costs and reservoir data. Ormen Lange, Norway’s second largest field and producing since October 2007…
The new accommodation and field centre platform on the Ekofisk Complex - now the largest accomodation platform in the North Sea - was officially opened on Tuesday, 1 April. The new platform, now entering use, is the largest accomodation platform in the North Sea…
MAN compressor installed offshore MAN Diesel & Turbo in Zurich was awarded a contract to deliver a HOFIM (high-speed, oil-free, integrated motor) compressor to Det norske oljeselskap ASA. It is MAN’s first hermetically-sealed compressor to be installed on an offshore production platform…
Missed out on the top stories this week? Here are our top three most-viewed stories from the past week: OAA winners shine - More than 500 industry professionals came together at the sparkling 28th Offshore Achievement Awards ceremony in Aberdeen…
North Sea independent EnQuest plans to spend about US$1 billion on new projects in 2014, including about $400 million on the Kraken FPSO development. A further $200 million will be spend on the Alma/Galia development, due on stream in H2 this year…
The government of Myanmar (Burma) has named Chevron, BG Group, Statoil, Woodside Energy, Shell, and ENI, among others, as selected candidates for its 2013 offshore licensing round. The move follows the lifting of Western sanctions in 2012…
More than 500 industry professionals came together at the sparkling 28th Offshore Achievement Awards ceremony in Aberdeen, last night. The Society of Petroleum Engineers (SPE) Aberdeen Section organized and hosted the awards, “the industry Oscars”…
CB&I announced it has been awarded a contract by Bechtel valued at about US$625 million to provide structural, mechanical and piping construction work for all outside battery limits modules and associated units for the Chevron-operated Wheatstone Project at Ashburton North in Western Australia…
Australia-based AWE Limited will now attempt to drill a sidetrack well in New Zealand after drilling issues encountered last week on the Pateke-4H were unable to be resolved. The lower part of the hole has been abandoned. Read more on Pateke drilling:http://www…
Hoover Container Solutions acquired Container Company Ltd.,supplier of cargo carrying units (CCUs) for the offshore oil and gas industry. Headquartered in Aberdeen, Scotland, Container Company designs, supplies and services a full range…
ConocoPhillips Norge is due to start a multi-year drilling campaign on the Greater Ekofisk area, offshore Norway, this Spring, as it seeks to continue production from the Ekofisk and Eldfisk fields for decades. The campaign follows start up on the Ekofisk South development…
This event aired on Thursday, April 10, 2014 at 10:00 a.m. CSTCLICK TO ACCESSIncreased demands for operational efficiency, reporting, and safety are driving the automation revolution in the exploration and production segment of today’s Oil & Gas industry…
Oil & Gas UK has underlined calls for a need to change how the UK North Sea oil and gas industry is managed by warning that exploration in the basin is facing its biggest challenge in 50 years and that capital spending is expected to halve by 2016-17…
Operator Statoil is to use Technip for intervention services on its Åsgard subsea compression project in the Norwegian Sea. The Åsgard field lies on the Halten Bank in the Norwegian Sea, about 200km off Norway. TheÅsgard subsea compression…
Vagit Alekperov, OAO LUKOIL President, and Emilio Lozoya, General Director of Mexico’s Pemex, signed a cooperation agreement today at the World Economic Forum Annual Meeting in Davos, Switzerland. The document was signed in the presence of Enrique Peña Nieto…