Eco (Atlantic) Oil & Gas is plannig to drill a well on its Osprey prospect in the Cooper Block (PEL30) in the Walvis Oil Basin, offshore Namibia. Osprey is in about 500m water depth and has had several thousand kilometers of 2D seismic and a 3D survey…
Providence Resources has been given consent to farm out stakes in the the Helvick and Dunmore Lease Undertakings (LU), in the North Celtic Sea Basin, and Dunquin South, in Frontier Exploration Licence (FEL) 3/04, in the southern Porcupine Basin offshore Ireland…
Nexen Petroleum UK has awarded Maersk Drilling a contract for the drilling of three wells and options for nine additional wells at the Buzzard field in the Central North Sea. The drilling campaign is for the Buzzard Phase II Development Project and is planned to commence around July 2018…
Private equity backed independent Chrysaor says it is already maturing drilling opportunities after completing a deal to buy a major package of UK North Sea assets from Shell for up to US$3.8 billion. The deal sees Chrysaor become a major independent exploration company company in the UK…
McDermott International has won a letter of award from Reliance Industries for work on the KG-D6 subsea field development in the Krishna Godavari Basin offshore eastern India. McDermott will provide engineering, procurement, installation and pre-commissioning of subsea flowlines…
Oceaneering’s Joao Melo explains how operators can decide if aged assets can live longer. Umbilicals and termination assemblies ready for testing. Images from Oceeaneering. Subsea umbilicals…
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…
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…
Changing production regimes over the life of a field can prove to be a flow measurement challenge. NEL's Neil Bowman looks at the challenges. A turbine meter. Image from NEL. As fields mature…
With the entry of ExxonMobil, East Africa has entered the gas business for the long term. Can South Africa catch up? EIC’s Andrew Scutter sets the scene. Over the last decade, recent oil and gas discoveries across East Africa have made the region a key frontier for hydrocarbon exploration…
While automation has begun to be slowly implemented offshore, it’s going to take a full business transformation to get IoT and other technologies fully implemented. Karen Boman reports. The industrial Internet of Things (IIoT) could…
Stampede subsea layout. Photo from Hess. A combination of LEAN business practices, technology, and a digital approach will enable Hess to bring online its Stampede tension leg platform project…
Mexico's National Hydrocarbons Commission (CNH) announced today that 25 companies have askes to sign up for the next deepwater round, Round 2.4, to be held on 31 January 2018. The companies that have signed up include those that have participated in previous rounds such as BHP…
Fugro started integrated survey work offshore India for the country’s oil and gas company ONGC, under a three-year contract valued at approximately US$7.7 million. The contract, awarded to Fugro for the third consecutive time, calls…
TechnipFMC and Petronas have signed a tripartite heads of agreement (THoA) to 'leverage' their respective resources in areas including enhanced oil recovery and unmanned equipment. The collaboration, involving Petronas Research and Petronas Technology Ventures…