Elaine Maslin reports on a new solution aimed at converting heat in subsea pipes into power, and then using that power to measure what’s going through those pipes. Hot Ring. Image from Exnics. “Hot…
Last month (October 2017), Chevron approved plans for a commercial polymer EOR project on its UK North Sea Captain heavy oil field. Elaine Maslin looks at the broader prospects for EOR projects on the UKCS. For many fields on the UK Continental Shelf (UKCS) the clock is ticking…
Siccar Point Energy is moving forward with plans to develop the Cambo field, 125km northwest of Shetland in the UK North Sea. The development concept will be focused on a two-phase approach, according to Baker Hughes, a GE Company…
Norway’s Petroleum Safety Authority (PSA) has approved ExxonMobil’s handover of its operated fields on the Norwegian Continental Shelf (NCS) to Point Resources. The decision gives Point consent to use facilities at the Balder, Ringhorne…
Petrobras and BP have signed a letter of intent (LOI) to jointly identify and evaluate business opportunities involving assets or ventures in Brazil and elsewhere, which include cooperation on upstream, LNG and downstream, with the purpose of developing a potential strategic alliance…
DeepOcean's COO Ottar Mæland is to take over the responsibilities as acting CEO of DeepOcean. After leading the company through a successful ownership change, the current CEO of DeepOcean Bart Heijermans has decided to step down from his position…
Aker Solutions has boosted its expertise in LNG by hiring four specialists who have worked on more than 30 LNG projects globally. Aker Solutions has been working in LNG and gas processing, technology and projects, since the 1970s…
The UK’s remaining petroleum reserves could sustain offshore production for at least the next 20 years and beyond, if additional undeveloped resources can be matured, says the UK's Oil and Gas Authority’s (OGA). In a report “UK Oil and Gas: Reserves and Resources…
Mooring services firm InterMoor, an Acteon Group company, has named Mark Jones, global CEO. Jones' new role will include building more structure and greater collaboration amongst business units, focusing on areas of growth and mobilizing new services across the regions…
Independent Oil and Gas (IOG) has submitted the field development plan (FDP) for the Vulcan Satellites hub development in the UK North Sea to the Oil and Gas Authority (OGA). The Vulcan Satellites FDP covers the three 100%-owned and operated Southern North Sea gas fields…
DONG Energy A/S shareholders approved at an extraordinary general meeting today (30 October) the company changing its name to Ørsted A/S. The company is changing its name to match its strategic transformation from black to green energy following its divestment of its oil and gas production…
Swire Seabed has signed a charter with Siem Offshore for up to three years bareboat of Siem vessel Siem Stingray. Siem Stingray, which will be re-named Seabed Stingray, is an IMR, construction and survey vessel of the VARD design. The vessel is 120…
Record numbers of marine energy devices are generating record amount of power in Scottish Waters, but the sector has been knocked back in its bid for support. Elaine Maslin reports. Timing is everything, they say. For the UK marine energy sector…
Clement Mochet, of Vryhof, discusses ways to bring down the costs associated with floating wind projects. WindFloat project, offshore Portugal. Image from Principle Power. While costs in…
With decommissioning an inevitability, what to do with platforms once production ceases is a hot topic. Karen Boman surveys new ideas for life after production. Once upon a time, it seemed that the only thing to do with aging offshore infrastructure was to rip it out…