Woodside Energy has made a gas discovery offshore Myanmar giving hope to the string of majors who entered the country following its emergence from sanction driven isolation. Woodside made the discovery on the Shwe Yee Htun-1 exploration well in Block A-6 in the Rakhine Basin…
2015 was a tough year. Spending and headcounts have been slashed across the industry and the specter of bankruptcy is an all too common concern. Recent trends in commodity prices have not helped. Late December saw Moody’s downgrade its…
UK based independent Cairn Energy has successfully tested its SNE-2 appraisal well offshore Senegal. The firm performed drilling, coring, logging and drill-stem testing (DST), as part of its latest, minimum three-well exploration campaign offshore Senegal…
A joint venture between Amec Foster Wheeler and Clough, Clough AMEC, has been awarded a three-year contract by ConocoPhillips to provide asset support, operations and maintenance services to the Bayu-Undan offshore field development, located in the Timor Sea…
Norwegian accommodation vessel provider Prosafe and oil firm Statoil have agreed to re-phase the Mariner project on the UK Continental Shelf of the North Sea from 2016 into 2017, and extend the firm hire duration from eight months to 13 months…
Abdelghani Henni reports on how French major Total is keeping the ABK field offshore Abu Dhabi up and running past its initial life span, and beyond, serving as a pilot project for other major fields in the country. ABK…
Audrey Leon spoke with DNV GL’s Michiel van der Geest about its new joint industry project regarding wear acceptance criteria for jacking systems. Currently 13 companies have signed on to the project, which aims to provide criteria for better assessing self-elevating units…
While depressed commodity prices lend to pessimism, floating production systems are projected to remain an integral component of offshore field development. Quest Offshore analyst Andrew Jackson explains. The…
OE reached out to analysts Wood Mackenzie and IHS Energy to find out the view on the next 12-18 months. And the outlook is not so great for exploration spend. Audrey Leon and Elaine Maslin report. Wood Mackenzie Image from iStock…
Voxels, submicrons and synchrotronic optics are coming to an oil and gas laboratory near you. Well, almost. Elaine Maslin reports on the University of Aberdeen’s new high-spec scanner. High…
With many assets now more than 25 years old, asset integrity is a daily concern on the UK Continental Shelf. Is the industry keeping up? Elaine Maslin reports. Rope access is used to get to areas usually out of reach…
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Aging infrastructure, deep waters, high-pressures and rising levels of H2S and CO2 are all on the hit for Technip’s VP of technology development. Elaine Maslin spoke to Group SVP Subsea Innovation & Technology Laurent Decoret. Laurent Decoret…
Greg Hale takes a look at how Shell integrated an asset integrity program into its new Prelude FLNG project with the intent of saving millions over the next 20-25 years. Integrating an asset integrity…
As easy oil depletes all over the world, Middle Eastern producers are turning to digital oilfield technology to not only enhance recovery but make finds economical to produce. Heather Saucier investigates the region’s technological gains…