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Counting the cost

Jul 01, 2015

As decommissioning begins in earnest in the UK North Sea, the real cost of decommissioning is starting to be seen. Elaine Maslin reports on a study conducted to assess the increasing costs. The…

The key to CCS: monitoring, measurement and verification

Jul 01, 2015

Carbon capture and storage (CCS) projects need to demonstrate, through monitoring, that the injected CO2 is contained within the geological store during and after injection and no unexpected migration has occurred. In order to achieve this…

Woodside's Browse FLNG enters FEED

Jul 01, 2015

After postponing a final investment decision due to the low oil prices last December, Australian operator Woodside Petroleum has announced it will press forward into the FEED phase for its long-struggling Browse LNG mega project. The…

Noble Discoverer now Arctic-bound

Jun 30, 2015

The US Coast Guard (USCG) reported that the Noble Discoverer drillship has left the Port of Everett, Washington, in the early morning hours of 30 June, and is now Arctic-bound. Thus bringing Shell closer to its Chukchi Sea drilling season…

Ampelmann provides support for Solan field

Jun 30, 2015

This summer, Ampelmann will provide one of its offshore access solutions to enable ‘walk to work’ for a commissioning campaign on Premier Oil’s Solan field, West of Shetland. The Ampelmann system enables the safe and effective transfer of…

African Petroleum farm out updates

Jun 30, 2015

African Petroleum, an independent oil and gas exploration company, is seeking strategic partners on its ten licenses in Côte d’Ivoire, Liberia, Senegal, The Gambia and Sierra Leone in order to share risk and potential reward of their exploration program…

Whenever, Wherever and about Whatever…

Jun 30, 2015

Watch this video, developed in house by Oilennium’s team of creative animators and media experts to demonstrate our capabilities and extensive range of cost effective online training products designed specifically for the Oil and Gas industry…

Spectrum finalizes Fugro library acquisition

Jun 30, 2015

Spectrum has finalized the purchase of Fugro's multi-client library for a cash consideration of US$115 million on a cash- and debt-free basis. The transaction has increased Spectrum’s 2D library by 115% in line km and increase its market position within 3D multi-client market…

VAALCO hires new COO

Jun 30, 2015

VAALCO Energy appointed Cary Bounds as the new chief operating officer starting 6 July 2015. Houston resident, Bounds is a petroleum engineer and has almost 25 years of domestic and international asset management, business development…

Greece woes affects markets, oil price

Jun 30, 2015

The Greek government revealed it does not have the funds to pay what is owed to the International Monetary Fund (IMF) and cannot meet its obligations on 30 June. As a result, procedures for the country’s transition to a state of default could be initiated automatically…

Eyes on New Zealand

Jun 30, 2015

Oil and gas companies are still testing the waters offshore New Zealand when it comes to production, and little has been done off the islands in the exploration arena.   Māui A platform. Images from NZP&M/ Rob Tucker…

Songa Equinox to depart South Korea

Jun 30, 2015

Songa Offshore has taken delivery of Songa Equinox from Daewoo Shipbuilding & Marine Engineering in Korea. Songa Equinox will shortly depart South Korea en route to Norway for commencement of an eight-year drilling contract with Statoil…

Logan to supply CCTLF to Maersk

Jun 30, 2015

Logan Industries, based in Hempstead, Texas, will supply a compensated coiled tubing lift frame (CCTLF) to Maersk Drilling, which provides drilling services to oil companies around the world. The CCTLF system will be designed and built in…

Seabird starts Gigante seismic

Jun 30, 2015

SeaBird Exploration will now commence the Gigante survey for TGS Nopec, after receiving all necessary permits. The vessels Osprey Explorer and Hawk Explorer have commenced acquisition while Northern Explorer is currently mobilizing to Mexico…

Wood Group acquires BETA

Jun 30, 2015

Wood Group acquired BETA Machinery Analysis (BETA), a Calgary-based engineering consultancy specializing in advanced vibration analysis in a deal valued at US$14.3 million. BETA’s expertise in advanced vibration, pulsation stress…

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