INEOS UK E&P Holdings has secured a five-year US$294,000 million (£220 million) reserve-based lending facility, which it plans to use to acquire future projects. The facility, the firm's first reserves based lending facility, was secured…
Aker Solutions will provide engineering, procurement, construction, installation and commissioning (EPCIC) services to enable a tie-in of the Utgard gas and condensate field in the North Sea. The 56.4 MMboe Utgard tie-back consists of…
Petrel and its partners have met for discussions with Ghanaian officials, with negotiations now underway for a possible award of deepwater Tano basin acreage, as well as replacement acreage for the company’s signed petroleum agreement on Tano 2A Block…
Oil and gas giants are calling for greater industry collaboration and an increased focus on operational efficiency, as global energy leaders prepare to gather in the UAE capital for the upcoming Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2016) in November…
Schlumberger WesternGeco and ION Geophysical announced a new 3D multiclient reimaging broadband program offshore Mexico, which uses Mexico’s National Hydrocarbons Commission (CNH) data library. The Campeche 3D reimaging program comprises three survey areas covering approximately 82…
Wood Group and Technip have recently completed 11 years of engineering and project management services on the Chevron Australia - operated Gorgon Project, Australia’s largest single-resource development. In collaboration, Wood Group and…
Shell Australia awarded Emerson a contract to provide automation maintenance and reliability services for Shell’s Prelude floating liquefied natural gas (FLNG) facility. Prelude. Image from Emerson…
The 2017 Offshore Achievement Awards have been launched at this year’s Intelligent Energy Conference. Following a record 30th anniversary year (in terms of both entrants and attendees) for the awards in 2016, event organizers the Society…
'Embracing New Realities: Reinventing our Industry' has been announced as the central theme for SPE Offshore Europe 2017, set to take place in Aberdeen from 5-8 September 2017. Conference chair Catherine MacGregor, president, Reservoir Characterization Group…
UK demolition and decommissioning company DSM Demolition has unveiled plans to create a major development site in the Orkney Islands, off mainland Scotland, to take advantage of the expected boom in North Sea oil and gas decommissioning work…
The Manora oil joint venture spudded the MNA-17 well offshore Thailand, in hopes of adding contingent resources at the development. The project area is located in the Northern Gulf of Thailand, and is a partnership between Mubadala Petroleum (60%)…
GE Oil & Gas has signed a major agreement with MODEC, an owner/operator and engineering, procurement, construction and installation general contractor of floating production systems including floating production storage and offloading (FPSO)…
Talks between engineering firm Wood Group and two unions over pay cuts and changes to allowances have resulted in a 'mutually agreeable proposal,' it has been announced. Nearly 400 workers in the RMT and Unite unions staged strikes earlier…
Supermajor Shell started production from its Stones development in the deepwater Gulf of Mexico, the firm reported on 6 September 2016. The field’s FPSO, Turritella, is the deepest floating production unit in the world, operating in 9500ft of water…
Production at Chevron’s Erskine restarted late last month in the central North Sea, following the completion of maintenance work at Shell’s Lomond platform. Erskine. Image from Chevron. Erskine…