Shell and Petrobras signed a five-year memorandum of understanding (MoU) last week to establish a long-term mutual collaboration in developing pre-salt fields in Brazil that will focus on sharing technical and cost-efficient solutions. Libra…
Petrofac has been awarded a research study from the Energy Institute’s Process Safety Committee in a bid to help improve maintenance management performance across the oil and gas industry. Under the terms of the agreement, Petrofac will…
AFGlobal has acquired Advanced Measurement (AMI), a provider of automation, controls and data management systems. AFGlobal says this acquisition enhances the company’s current upstream drilling, completion and production smart technology…
Image from Weatherford. Weatherford International has commercially released the ForeSite production optimization platform at the Weatherford Enterprise Software Conference. The ForeSite…
Emerson Automation Solutions has launched the latest version of its reservoir management software suite - Roxar Tempest 8.0 - bringing reservoir engineers more tools to maximize the potential of their fields. The latest version features additional history-matching capabilities…
Umbilical and power cable manufacturer JDR has been awarded a major steel tube umbilical contract by Cameron, on behalf of operator ONGC, for the 11 Wells of Western Offshore project. The development involves subsea completion of 11…
BP has withdrawn its environment plan that was submitted to Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) for the Great Australian Bight, offshore South Australia earlier this week. The recent…
Aker Solutions, Det norske oljeselskap and Subsea 7 have agreed on what the three companies are calling a 'one for all, all for one' collaboration alliance to work on developing the operator's subsea field portfolio. The move, which they…
Endeavor Management has opened participation in its latest joint industry project (JIP) – Best Practices for the FPSO Industry. Image of the Cidade de Marica, from SBM Offshore. In today’s price environment…
Irish explorer Providence Resources has appointed a well management services contractor for its deepwater Druid well in the Porcupine Basin. The firm also expects to save 30% on drilling costs, thanks to a drop in rates in the last estimate…
Drilling and well performance solutions firm eDrilling, and drilling optimization company SynepsisDart have announced a new partnership to help exploration and production companies drill wells safer, quicker and cheaper. SynepsisDART…
Total E&P Norge has entered into an agreement with ExproSoft for the use of WellMaster IMS to monitor and optimize well integrity management of the Martin Linge field on the Norwegian Continental Shelf, in addition to ensuring well operations are within NORSOK and existing guidelines…
Petrofac has been appointed well operator by Hurricane Energy in a three-year contract to support wells located West of Shetland. Petrofac is the first outsourced well operator to manage a drilling campaign in the UK Continental Shelf…
Anyone that reads this column every month will know that there have been some common themes to my take on the oil and gas industry this year. Welsh. First, is my criticism of…
The Bureau of Safety and Environmental Enforcement (BSEE) and The National Aeronautics and Space Administration (NASA) have announced a five-year agreement allowing BSEE to capitalize on the best risk management approaches from the aeronautics…
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