In a sustained low oil price environment, operators are facing increased pressure to reduce costs and minimise risk when making a final investment decision (FID) on a project, resulting in many capital intensive offshore developments being shelved…
More than 55 members of the Society of Petroleum Engineers (SPE) Aberdeen came together last night to celebrate the achievements of individuals within the Section. The awards ceremony, at the Aberdeen Exhibition and Conference Centre…
Magma Global has signed an agreement with Odebrecht Oil & Gas to supply m‐pipe for the CMHR (Composite Multi-‐Bore Hybrid Riser) solution for future deployment in deepwater pre-salt projects in Brazil. Magma’s patented mpipe technology…
DNV GL has launched a new recommended practise (RP) focusing on cyber security as the increasing digitalization of the industry poses the threat of it becoming more vulnerable, at SPE Offshore Europe. DNV GL says almost 68% of oil and…
Wood Group has led a global project to improve industry knowledge and understanding of flexible pipe integrity management. The findings of the Sureflex joint industry project (JIP) are published today (Tuesday 5 September) in a report…
Semco Maritime has won a deal to upgrade Seadrill’s West Elara jackup, to prepare the rig for an upcoming ConocoPhillips job in 2018. The West Elara, from Seadrill. Following upgrade…
Tullow Oil and partner Eco Atlantic have completed a 3D seismic survey on the Orinduik Block offshore the co-operative Republic of Guyana. Map of Orinduik, from Eco Atlantic. The…
Petrovietnam Drilling & Well Service Corp. (PV Drilling) signed a contract for use of the PV Drilling jackup rig for KrisEnergy in the Gulf of Thailand. PV Drilling I jackup. Image from PV Drilling…
Finder Exploration has signed an agreement to farm-out 90% of its participating interest in exploration permit WA-520-P to Woodside Energy. The license is in the northern Carnarvon basin, offshore Australia’s North West Shelf, directly south of the Gorgon and Clio major gas fields…
Deep Gulf Energy III (DGE III) has encountered hydrocarbon pay at the Rampart Deep well in the deepwater Gulf of Mexico, according to partner Stone Energy. Deepwater Asgard. Image from Transocean…
Semco Maritime has won a contract to upgrade the West Elara jackup rig for a new, long-term assignment for ConocoPhillips, starting in 2018, in the Norwegian North Sea. The contract is the largest for Semco Maritime's Hanøytangen yard to date…
Scotland could be at the forefront of the future of oil and gas through developing expertise in decommissioning, the Exchequer Secretary Andrew Jones, Exchequer Secretary to the Treasury, is due to tell SPE Offshore Europe this morning. The…
Downhole sealing solutions firm BiSN has successfully completed its first North Sea project. The plugging and abandonment work in the Valhall field, offshore Norway, for Aker BP, used BiSN’s metal-to-metal downhole sealing solutions, BiSN (stand 6A21) told the SPE Offshore Europe Show Daily…
Despite taking the job as head of a new industry regulator, in the midst of what has become one of the industry’s worst downturns, Andy Samuel is still a man who sees opportunity on the UK Continental Shelf – but not without continued effort…
Aker Solutions (stand 5C100) is launching its MultiBooster, a new, up to 6MW subsea multiphase pump to help operators maximize production from existing oil and gas fields, at SPE Offshore Europe this week. Aker Solutions says the now qualified…