Continual expansion of unconventional oil and gas development seen over the next decade - most notably in the US, but also around the globe - will necessitate steadily increasing proppant sales over the next 10 years. In the US, proppant…
Houston based oil, gas and water treatment specialist, ProSep has launched a new manufacturing service for third party clients at its purpose-built fabrication facility on Clara Road. ProSep has the capability to construct large structural fabrications…
McDermott International has completed Ayatsil-B, one of Pemex’s four drilling platforms for use in the Mexican national’s Ayatsil-Tekel heavy oil field. The Houston-based company provided engineering, procurement, fabrication, pre-commissioning…
OMV (Norge) has made an oil dioscvery on the 7324/7-2 Hanssen well, in production license 537, in the Barents Sea. The Hanssen discovery was made about 7km northwest of the 7324/8-1 Wisting Central oil discovery and about 315km north of Hammerfest…
A cost reduction program has meant Total has now decided to move forward with its West of Shetland Edradour subsea development, the French oil major said today. Edradour, in Block 206/4a, in about 300m water depth, 75km northwest of the Shetlands…
Mexican national Pemex will pump an additional US$6 billion into its beleaguered Cantarell oilfield to maintain its current production levels, Reuters has reported. The heavy oilfield, located about 80km off Ciudad del Carmen in the Bay of Campeche…
PEMEX's Cantarell Administrator, Miguel Ángel Lozada Aguilar, said yesterday that the company will invest $6 billion in 2017 in order to maintain current production levels at the Cantarell field over the next decade, according to Reuters…
The N'Goma FPSO has berthed at Porto Amboim Estaleiros Navais yard (Paenal yard) at Port Amboim in Angola, following a 7331mi voyage (13,577km) from Singapore. Once the FPSO, a conversion project, is complete, it will be relocated to…
Statoil announced further delay in developing the Johan Castberg project, postponing final concept selection on the Barents Sea project until 2015. “Unfortunately, the exploration campaign has proven less new oil resources in the Castberg area than expected…
Statoil (UK) has awarded two five-year contracts to two UK firms for the Mariner ultra-heavy oil field, in the East Shetland Platform in part-block 9/11a in the UK North Sea. Aker Solutions' Aberdeen operations will perform maintenance and modification services for the US$7 billion project…
Three days after the Berkut platform was installed on the Arkutun-Dagi field, Russian Federation President Vladimir Putin gave permission for the platform to begin operations via videoconference. The Arkutun-Dagi field is part of the multi-billion-dollar Sakhalin-1 project…
One successful oil discovery in Ireland’s offshore Porcupine basin could supply all of Ireland’s oil demand, if not more, according to exploration minnow Petrel Resources. The Dublin-based firm is hoping to take part in drilling in the…
BP provides this video discussing its designer-water and designer-gas enhanced oil recovery (EOR) solutions and how they have been applied to BP's various developments including Clair Ridge and Ula. You can read more about BP's LoSal technology in the June 2014 issue of OE.
Russian national Rosneft and private oil giant Lukoil have started drilling appraisal well №. 1 at the Caspian Oil Co.-operated Ribachya structure in the North Caspian project license. Total prospective resources of the block are estimated at 1…
UK-based exploration and production firm Ithaca Energy has agreed to buy non-operated stakes in three producing fields from Sumitomo Corporation. The deal, worth about US$170 million, will see Ithaca take a further 20% interest in the Shell-operated central North Sea Cook field…