Shell along with partner Esso Exploration agreed to sell their entire stakes (50-50) in the Anasuria Cluster in the UK Central North Sea to a Malaysian joint venture consisting of Ping Petroleum and Hibiscus Petroleum. News reports put the sale price at US$105 million…
LR Senergy’s new process uses computational fluid dynamics (CFD) to model a well and near wellbore — and subsequently identify production optimization options and strategies. Jeannie Stell reports. Michael Byrne…
North Sea production could finally reverse its 15-year downward trend this year as new fields come onstream and production efficiency measures take hold. According to the Department of Energy and Climate Change provisional 2015 production figures…
When developing the Lucius and Heidelberg fields in the deepwater Gulf of Mexico, Anadarko Petroleum opted for a “design one, build two” strategy. Audrey Leon reports on how the Lucius field, which began production in January, came to be…
Trelleborg Sealing Solutions is launching a new online resource for engineers at an international conference next month as part of its “commitment” to the oil and gas industry. The website – ‘oilandgas-seals.com’ provides a comprehensive…
The Yolla-6 development well at the BassGas project offshore Australia has been successfully tied-in to export facilities on the Yolla platform and production from that well has commenced, according to partner AWE Ltd. Image from Origin…
Fluid Components International’s (FCI) new model ST100L air/gas in-line thermal mass flow meter features an all-welded, no-thread flow element connection to provide flow measurement in demanding high-pressure industrial operating environments…
Borets, a provider for the engineering, manufacturing, sales and service of electric submersible pump (ESP) systems, has successfully conducted a North American field trial of its PMM-PCP system, the first permanent magnet motor (PMM) running…
Tendeka, a provider of completions systems and services to the upstream oil and gas industry, has signed a two-year agreement with Eternal Asia Supply Chain Management for the exclusive supply of its FloSure autonomous inflow control devices (AICDs) in China…
A portable Intervention Work Over Control System (IWOCS) deployment system developed by Caley Ocean Systems has been used to successfully test the manifold functions on four deepwater subsea manifolds post installation. Image…
Analysts at Douglas Westwood say despite a current pause in commitments to new projects, the capital expenditure (capex) for Floating LNG (FLNG) vessels is expected to amount to US$35.5 billion over 2015-2021. Spending on floating, storage…
Statoil began drilling of the first production well at the Gina Krog field on 20 July, just eight days after the drilling rig arrived at the North Sea field. The Maersk Integrator rig will drill wells until sometime in 2019. The Maersk Integrator…
CNOOC Limited has announced that the Luda 10-1 comprehensive adjustment project has commenced production. The Luda 10-1 oilfield is located in Liaodong Bay of Bohai with an average water depth of approximately 30m. In addition to fully utilizing the existing facilities of Luda 10-1…
atg UV Technology and Aberdeen-based subsea blowout preventer controls specialists Raisepower have designed a treatment solution that combined UV treatment and filtration to prove the effectiveness of UV disinfection in treating hydraulic fluids used for subsea BOP operation…
SBM Offshore has divested a 45% stake in the FPSO Turritella to Mitsubishi Corp. (MC) and Nippon Yusen Kabushiki Kaisha (NYK Line). MC purchased 30% stake and NYK Line purchased 15% stake in the joint venture companies incorporated for the purpose of owning and operating the vessel…