Lukoil has commenced drilling operations at the Vladimir Filanovsky field in the Caspian Sea. The well is being drilled from an ice-resistant fixed platform, LSP-1, with first production set for 2H 2016. V. Filanovsky is the largest of all fields discovered in Russia in the past 25 years…
The iXblue’s Phins Compact Family has been designed to offer the AUV industry players the ability to choose an inertial navigation system (INS) adapted to their vehicle. Based on iXblue’s fiber-optic gyroscope technology, Phins C3, C5, and…
The Norwegian Petroleum Directorate (NPD) has granted its consent to Statoil and its partners in Gullfaks production license 050 to start-up the facilities on the Rutil deposit on Gullfaks South, and to start producing. Illustration of Rutil…
Italian giant Eni and 50:50 partner BP have confirmed a “new significant gas discovery” in the Baltim South West exploration prospect, located in the East Nile Delta offshore Egypt, with plans to drill two new wells in the area. Map…
The next five years will bring a reshaping of the global gas trade, the International Energy Agency (IEA) said in its 2016 Medium-Term Gas Market Report. New liquefied natural gas (LNG) supplies are coming online just as demand growth in some major markets weakens…
BP’s compiled data from last year has revealed that global energy consumption has slowed further, with the mix of energy sources shifting towards lower-carbon fuels. Image from BP. In…
InterMoor has successfully completed the final tensioning and chain cutting operations on the floating production, storage and offloading (FPSO) vessel, Turritella, for the Shell Stones project, located in the Walker Ridge protraction area in the Gulf of Mexico (GoM)…
Colin Welsh Good news at last! In recent months, I have endeavored to counter some of the gloom that has pervaded the oil business for the last eight quarters by highlighting fundamentals such…
Automating data collection reduces operator exposure to offshore hazards, as well as making it easier, says Emerson Process Management’s Craig Abbott. Statoil’s Gullfaks’ B platform. Photo from Statoil…
TNW is taking a brave step as it launches its new intervention service line. Elaine Maslin reports on the company’s new business model – payment on results. Mini-coil installations. Photos from TNW…
A new concept in well tools could see one-off tools built, run and left downhole to disintegrate. Elaine Maslin reports. A computer graphic of the FLI design. Images from Well-Sense Disintegrating…
Choosing the right FLNG topsides equipment can be a complex process. Audrey Leon reports on some of the solutions presented by Black & Veatch at this year’s Offshore Technology Conference. The Carribean FLNG unit…
Estimates for total investments covering oil and gas, manufacturing, mining and quarrying and electricity supply in Norway expected to fall in Norway in 2017, mainly due a decrease in oil and gas and manufacturing. The projection, from Statistics Norway…
Old and partly lost slots that were given up as providers of new production triggered new solutions for Statoil’s Snorre B. The result was three wells with an average price of US$21.6 million (NOK 170 million), compared to NOK 490 as reference base…
BP has commenced a water injection project at its Thunder Horse platform in the Gulf of Mexico that will extend the production life of one of its biggest fields in the area, and recover an additional 65 MMboe. Thunder Horse…