ITF, the global industry technology facilitator, was set up in 1999 and is today owned by 30 major operating and service companies from around the globe, Qatar Petroleum having become the latest recruit in July. Meg Chesshyre talked to chairman…
Having partnered successfully through the Scira Offshore Energy joint venture company on the Sheringham Shoal development, Norway's Statoil and Statkraft are working together again on another UK North Sea wind farm project. This follows the acquisition of Dudgeon Offshore Wind…
Gazprom Geologorazvedka and Schlumberger Russia and Central Asia (RCA) today signed a technology cooperation framework agreement under the chairmanship of Vsevolod Cherepanov, member of the management committee, head of the Gas, Gas Condensate and Oil Production Department…
President-elect Enrique Pena NietoPena-Nieto wants private investment in energyOilPrice.com - Big potential changes south of the border. Mexican President-elect Enrique Pena Nieto has announced that he wants increased private investment in the nation's energy industry…
ExxonMobil's Rex TillersonMajors to jointly develop Siberian tight oil Rosneft and ExxonMobil signed a pilot development agreement establishing a joint project to assess the possibility of commercial production of tight oil reserves at the Bazhenov and Achimov formations in Western Siberia…
Light Oil Market Access Program mapPipeline expansion targets light oil markets Enbridge Inc. has received shipper support to proceed with a $6.2 billion program to expand access to markets for growing volumes of North Dakota and western Canada light oil production…
Vessel illustrationWartsila supplies LNG package for Harvey GulfHarvey Gulf has chosen Wärtsilä to supply a complete LNG package, including propulsion, auxiliaries and controls, for its new STX Marine-designed offshore support vessel bound for the U…
NOVCFO Williams to head National Oilwell Varco National Oilwell Varco, Inc. (NYSE: NOV) announced today that Clay Williams has been named President and Chief Operating Officer of National Oilwell Varco.Mr. Williams has served as the Company’s…
Photo: GazpromIcebreakers transfer LNG from Norway to JapanLNG Carrier ‘Ob River’ chartered by the Gazprom Marketing & Trading (GM&T) group, a wholly-owned subsidiary of OAO Gazprom, and operated by Dynagas (Greece), has successfully completed…
Ensco 8503Cobalt says deepwater oil find is significant Cobalt's deepwater Gulf of Mexico prospect North Platte has encountered significant oil pay, the company announced on 5 December 2012.Cobalt characterized the discovery as containing…
FCX specializes in copper and gold miningFreeport enters energy sector with $9B merger Phoenix-based copper and gold mining company Freeport-McMoRan (FCX) has moved to acquire subsidiary McMoRan Exploration as well as Houston-based Plains…
Map of Muriú prospectPetrobras makes 4th find off Sergipe-Alagoas Petrobras has made a fourth oil discovery in the ultra-deepwater Sergipe-Alagoas basin offshore Brazil, the company announced on 5 December 2012.Tests confirmed the presence of light oil in the Calumbi formation…
Houlder and BMT Nigel Gee have completed offshore trials of their jointly developed Turbine Access System, or TAS, at RWE's Rhyl Flats wind farm off the North Wales coast. The lightweight motion compensated gangway provides improved access to wind turbines for maintenance personnel…
Like a Christmas present, what was widely rumored and anticipated following recent Israeli hydrocarbon discoveries, Houston’s Noble Energy announced in late December 2011 the results of its recent well in the Cypriot Economic Zone. It contains up to 9tcf of natural gas…
Burdened by high drilling costs, lower success rates and smaller discoveries relative to other regions, not to mention post-Macondo regulatory changes, the deepwater Gulf of Mexico will nevertheless draw $70 billion in investment over the next two decades…