The Valemon gas and condensate accumulation, a 1985 discovery 160km off the coast from Bergen, has estimated recoverable reserves equivalent to 210 million barrels of oil. Development is currently priced at NKr20.4 billion by operator Statoil and its partners Petoro…
The concrete gravity-base structure for Russia's Arkutun-Dagi field, part of the Exxon Neftegas-operated Sakhalin-1 development, was installed offshore northeast Sakhalin last month. Water depths in the area are around 35m. Construction of the…
The latest generation of Liqui-Cel membrane contactors on show at OTC are claimed capable of deoxygenating injection water with less weight and a smaller footprint than conventional deaeration technologies, such as vacuum towers. The compact…
Total spending for upstream oil & gas will hit nearly $1.3 trillion this year, led by a robust North American market, according to a new report by IHS.Driven by strong oil prices and the North American unconventional gas boom, global upstream…
With heavy oil today representing around 70% of the world’s confirmed oil reserves, extraction of the heavier crudes is growing rapidly and there is an increasing need for flow measurement of high viscosity hydrocarbons. NEL's Chris Mills reviews the technological challenges ahead…
Having secured agreements to provide subsea and topsides equipment for Shell's massive Prelude floating LNG development, FMC Technologies recently revealed details of the FLNG unit's offshore loading arm systems. In Houston, Russell McCulley discusses the technology with FMC's Laurent Poidevin…
The potential of floating liquefied natural gas (FLNG) developments as an energy sector game changer is discussed here by MSC Kenny's Paul Jukes and Wood Group Mustang's Bryan Trocquet.According to the US Energy Information Administration (EIA)…
Deepwater discharge of major offshore structures and dry-docking FPSOs while still attached to their turret moorings are among the more exotic possibilities now under serious consideration for the huge, bowless marine transport vessel Dockwise is building in Korea…
Technology is a key enabler for Shell, Matthias Bichsel, director of the supermajor’s Projects & Technology business, told a two-day briefing at the Rijswijk technology centre in The Hague this spring. Meg Chesshyre joined the tour of the company’s iScope…
With the basin-opening Jubilee field and other oil and natural gas condensate discoveries, Kosmos Energy and its partners have placed Ghana on the deepwater oil & gas map. The company is now franchising its exploration strategy and aims to open…
FMC Technologies is the recipient of two ‘Spotlight on New Technology’ at the OTC 2012 show in Houston. The awards, which acknowledge innovative technologies that significantly impact offshore exploration and production, are for the Pazflor…
Staffing shortages are creating project delays at a majority of large oil & gas companies, according to new data released by management consultancy Schlumberger Business Consulting.The much-discussed ‘big crew change' – the retirement of geoscientists…
National Oilwell Varco is looking to establish a major foothold in the flexible pipe business with the acquisition of Danish manufacturer NKT Flexibles, a joint venture between NKT Holding and Subsea 7 since 1999.The $670 million deal, announced early February…
Mexico’s state oil company plans to ramp up domestic production of crude oil to 2.7 million b/d next year and to 3 million b/d by 2017, buoyed by new shallow-water discoveries and enhanced recovery techniques in mature fields, a key member of…
The integrated energy services and production management divisions of Petrofac and Schlumberger, respectively, have signed a co-operation agreement under which they will establish a working relationship to deliver integrated and high-value production…
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