Oe Media News

2017: Exploration hot spots

Dec 21, 2017

Senegal and Mauritania are set for a raft of activity as two major projects move towards putting both countries on the deepwater map, while Cyprus waits in the wings. Elaine Maslin reports. (First published in the December 2017 OE.) Rokhaya Diallo Gunning…

Eni, BP confirm Zohr first production

Dec 20, 2017

Eni and partner BP have confirmed that production has started from the giant Zohr gas field offshore Egypt in the Mediterranean Sea. The deepwater field, with potential resources in excess of 30 Tcf of gas in place, started-up in less than two and a half years from the discovery…

Year in review: 2017's Top 10 discoveries

Dec 19, 2017

Audrey Leon looks at some of 2017's 10 largest offshore discoveries. First published in the December 2017 OE. While exploration hasn’t been as hot as it used to be, the finds this year have been big and plentiful. Wood Mackenzie has provided the year’s 10 biggest finds by volume…

Year in review: Top 10 2017 capex projects

Dec 19, 2017

Audrey Leon takes a look through some of the industry’s biggest ongoing projects by capex in 2017. Five of the 10 biggest projects by capex were offshore projects in 2017, led by Inpex’s Ichthys LNG project offshore Australia.  Ichthys…

Alternative inspection techniques could be worth US$310 million

Dec 18, 2017

Using non-intrusive inspection (NII) survey technologies could be worth US$310 million (£242 million) a year to UK North Sea operators through increased production and lower maintenance costs, according to a survey by the Oil & Gas Technology Centre (OGTC) and ABB…

Installing a wireless hart

Dec 15, 2017

When design-to-first-oil takes 10 years, keeping up with communication technology can be a challenge. Elaine Maslin details what BP has done for its latest North Sea projects (originally published in OE's December 2017 issue). With new technologies appearing all the time…

IOT goes offshore

Dec 15, 2017

The Internet of Things, a world in which equipment and instrumentation can talk to each other and modify operating parameters – across platforms, fleets and whole businesses – accordingly, is close at hand. Having the communications infrastructure in place is what will help make it happen…

Total, Eni, Novatek awarded Lebanese blocks

Dec 15, 2017

Lebanon's Council of Ministers has approved the awards of two exclusive petroleum licenses for exploration and production in Lebanese Blocks 4 and 9 for the consortium composed of Total, Eni and Novatek.  The three companies, acting as a consortium…

New North Sea E&P firm launches

Dec 11, 2017

New North Sea-focused independent Spirit Energy, owned jointly by Centrica and Bayerngas Norge, has launched.  Spirit Energy combined Centrica’s E&P business with Bayerngas Norge, under a deal announced in July this year. Spirit…

TechX to advance new technologies in the North Sea

Dec 07, 2017

A new oil and gas technology accelerator has been created in Aberdeen, targeting 100 start-ups and 200 small to medium sized companies(SMEs).  The accelerator, called TechX and set up by the public-funded The Oil & Gas Technology Centre…

Inpex granted 20 year Congo extension

Dec 06, 2017

Inpex and partners Muanda International Oil Company (MIOC) and Chevron have been given a 20-year extension for a concession agreement on a block offshore Congo. The agreement, with the government of the Democratic Republic of the Congo…

Cape Wind to surrender US lease

Dec 05, 2017

US wind developers Cape Wind have applied to relinquish its lease offshore Massachusetts, which at one time had been set to be America's first offshore wind farm. A series of setbacks endured by Cape Wind allowed the honor of America's first…

Fewer applicants in Norway's 24th licensing round

Dec 05, 2017

Norway's latest offshore licensing round, focusing on the Barents Sea and Norwegian Sea, has drawn fewer than half the number of companies than its previous round attracted.  Just 11 companies have applied for production licenses in the 24th licensing…

VIDEO: New umbilicals facility opens in Houston

Dec 05, 2017

Seanamic Group’s Umbilicals International has opened a new quayside manufacturing site in Channelview, Texas – just 30 minutes east of downtown Houston – today (5 December).  Umbilicals International's Channelview facility…

Yamal LNG production begins

Dec 05, 2017

The Yamal liquefied natural gas (LNG) liquefaction plant has started production, with the first LNG cargo export scheduled for 8 December. The Christophe de Margerie tanker, named for the former Total CEO…

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