Latest News - page 2765


PSVM production starts

Apr 10, 2013

BP began production from the PSVM development in block 31, off Angola. Three wells at the Plutao field are expected to increase production at PSVM to about 70,000b/d of oil. Output will increase to 150,000b/d once Saturno, Venus, and Marte fields come online later this year and next…

Expansion pact

Apr 10, 2013

F.ExxonMobil and Rosneft signed an addendum to their 2011 strategic cooperation agreement extending ExxonMobil’s access to seven new exploration blocks in the Chukchi, Laptev, and Kara Seas, an area of about 600,000 sq km. Rosneft gained…

York field flows

Apr 10, 2013

E.Centrica Energy has started production on its southern North Sea York gas field. The field 40km east of Humberside in 45m of water and is expected to produce about 120mmcf/d of gas at its peak. Gas will be exported via pipeline to CSL’s terminal in Easington…

Cairn explores off Malta

Apr 10, 2013

D.The government of Malta awarded blocks 1, 2, and 3 of Area 3 to Capricorn Malta, a subsidiary of Edinburgh-based Cairn Energy. The blocks are north of Malta and total 6400 sq km. Capricorn Malta will reprocess existing 2D seismic data…

Falkland seismic

Apr 10, 2013

C.  PGS vessel Ramform Challenger began gathering London-based Borders & Southern Petroleum’s 3D seismic program off the Falkland Islands in the South Atlantic. Located about 140km south of the Falkland Islands and covering more than 1000 sq km…

Light oil discovery

Apr 10, 2013

B. Karoon Gas Australia encountered light oil at the Kangaroo-1 exploration well on block S-M- 1101 in the Santos Basin off Brazil. Karoon drilled the Kangaroo prospect to 3049mRT. Mudlog, wireline petrophysical and MDT pressure data confirmed the presence of a 25m oil column in the Eocene…

Pangea LNG to export from Texas

Apr 10, 2013

A. The US Department of Energy granted Pangea LNG (North America) Holdings, long-term, multi-contract authorization to export up to 8 million tonnes per annum (mtpa) of LNG to free trade agreement nations from its south Texas LNG Project…

ThoughtStream: Risk comes in many forms, but it has to be challenged

Apr 10, 2013

For many years it’s been clear demand is rising – and that trend has stayed consistent – but there has been a lot of change in where the supply is coming from. BP estimates that global energy demand is likely to grow by more than a third between now and 2030…

Colloquy: Drivers of change

Apr 10, 2013

COLLOQUY: Editor's Column The IHS CERAWeek conference took Houston by storm in March, with a solid program of topical breakfast discussions, illustrious keynote speakers, plenary sessions, and dialogues. The energy topics ran the gamut…

Patrick O’Brien talks Subsea processing

Apr 10, 2013

Tech talk. With the 44th Offshore Technology Conference in Houston just on the horizon, OE sought answers to the question, “What emerging technology will have a direct impact on the offshore market?” Our think tank had this to say: Subsea…

Daniel More talks communication advancements for monitoring subsea E&A wells

Apr 10, 2013

Tech talk. With the 44th Offshore Technology Conference in Houston just on the horizon, OE sought answers to the question, “What emerging technology will have a direct impact on the offshore market?” Our think tank had this to say: In…

Neil Gordon talks Integrity Managemen

Apr 10, 2013

Tech talk. With the 44th Offshore Technology Conference in Houston just on the horizon, OE sought answers to the question, “What emerging technology will have a direct impact on the offshore market?” Our think tank had this to say: Neil Gordon…

Steve Edwards on 'big data'

Apr 10, 2013

Tech talk. With the 44th Offshore Technology Conference in Houston just on the horizon, OE sought answers to the question, “What emerging technology will have a direct impact on the offshore market?” Our think tank had this to say: The…

Rune Haddeland talks Cold based pipe connection solutions

Apr 10, 2013

Tech talk. With the 44th Offshore Technology Conference in Houston just on the horizon, OE sought answers to the question, “What emerging technology will have a direct impact on the offshore market?” Our think tank had this to say: Rune Haddeland…

Vincent Vieugue talks Wireless instruments

Apr 10, 2013

Tech talk. With the 44th Offshore Technology Conference in Houston just on the horizon, OE sought answers to the question, “What emerging technology will have a direct impact on the offshore market?” Our think tank had this to say: Wireless…

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