Oil News


Viper wins Caspian contract

Sep 03, 2014

Viper Subsea won a multimillion-dollar contract to supply subsea hydraulic and electrical distribution equipment to an unnamed oil field in the Caspian Sea. The contract includes the design and supply of subsea equipment, in addition…

New SPE Aberdeen chairman

Sep 03, 2014

The Society of Petroleum Engineers (SPE) Aberdeen Section has appointed Ross Lowdon (pictured) as chairman. Lowdon takes over from Anthony Onukwu and will hold the chairmanship until September 2015. Read more: Anthony Onukwu reflects on 40 years' of SPE Aberdeen…

Luno II revised down

Aug 29, 2014

Lundin Petroleum's latest Luno II appraisal well found oil but with lower than expected reservoir properties, leading the firm to revise down its resource estimate for the field to between 27 and 71MMboe.  Lundin said the target of appraisal well 16/4- 8 S in the Luno II discovery…

Statoil ordered to review system after leak

Aug 28, 2014

Norway's Petroleum Safety Authority has issued an order to Statoil following the investigation of a hydrocarbon leak at Statfjord C on 26 January 2014.  The investigation identified serious breaches of the regulations, said the PSA today…

Cairn finds oil in Senegal

Aug 27, 2014

Carin Energy found oil samples in the FAN-1 exploration well offshore Senegal, according to joint venture partner, FAR Ltd. FAN-1 and SNE-1 in 3D seismic. From Far. FAR says elevated gas…

HPHT - a challenge and a prize

Aug 25, 2014

With demand for hydrocarbons increasing and costs rising, the exploration and production industry is also facing numerous technical challenges including the development of high-pressure – high-temperature (HPHT) reserves. HP / extreme-HP typically refers to borehole pressures between 10…

ENI inks Angola East Hub FPSO

Aug 21, 2014

ENI has confirmed a contract with Malaysia's Bumi Armada for an FPSO to be used on its deepwater East Hub field, in Block 15/06 offshore Angola.  The contract, worth in total about US$3 billion, is a 12 year charter with eight yearly…

Apache hits Phoenix-1 pay

Aug 18, 2014

Houston-based Apache encountered oil pay at the Phoenix South-1 well, in Canning basin, off the North West Shelf of Australia. Apache says that preliminary estimates show that there might be as much as 300MMbbl in place. The Phoenix…

Permanent Siri repair close

Aug 14, 2014

Production from the entire Siri area offshore Denmark is hoped to resume in Q3 on finalization of permanent  structural repair to the Siri platform (right).  Noreco, a partner in the Cecile License, which relies on Siri for offtake, said…

Petrobras strikes more pay at Jupiter

Aug 13, 2014

Petrobras confirmed more hydrocarbon pay was found at the Jupiter prospect in the Santos basin pre-salt block BM-S-24 offshore Brazil. Map of Jupiter area. Image from Petrobras News Agency The…

Kara Sea spudded despite sanctions

Aug 11, 2014

ExxonMobil began exploratory drilling operations in the Kara Sea’s Universitetskaya structure in the East Prinovozemelskiy area on 9 August, defying Western-imposed sanctions against Russian state-owned Rosneft. Drilling on the Universitetskaya-1 well…

BSEE deputy director visits production platform off California

Aug 08, 2014

Deputy Director Margaret Schneider traveled offshore to Platform Houchin in California's Santa Barbara Channel, on 6 August, the US Bureau of Environmental Enforcement announced. The fixed production platform, operated by Pacific Operators Offshore LLC (POOLLC) is about 4mi…

SPE to lead industry 2.0

Aug 08, 2014

Aberdeen’s oil industry has pioneered global offshore harsh environment exploration, but it will need to “innovate its socks off” to maximize the North Sea’s remaining potential and remain competitive globally, a special SPE event in the Scottish city heard last night…

Hebron GBS towed to construction site

Aug 07, 2014

The ExxonMobil-operated Hebron oil field hit a milestone in late July when the gravity based structure (GBS) was towed from the dry dock to the project’s Bull Arm construction site. The 180,000-tonne structure arrived 10 hours after tow-out operations began…

Shell produces first oil at Bonga North West

Aug 06, 2014

Shell Nigeria Exploration and Production Company Ltd. (SNEPCo) began oil production from the first well at the Bonga North West deepwater development, off the Nigerian coast, approximately 120km offshore the Gulf of Guinea, on 5 August. Oil…

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