Paradigm released Paradigm Geolog 7.4, the latest version of its Geolog formation evaluation software suite. Geolog 7.4 offers engineering functionalities that expand the product's reach into additional phases of the production cycle…
Claxton Engineering Services, an Acteon company, has formed a collaborative alliance with energy services firm LR Senergy to provide clients with an offshore rig-based decommissioning service. The new alliance builds on a long-established relationship between the two companies…
NEL, the UK-based flow measurement research and development specialist, has launched a joint industry project (JIP) to meet an urgent industry requirement to address the challenges of accurately measuring highly viscous, multiphase flows…
Mitsui has reached an agreement with Santos concerning the acquisition of Santos' 35% working interest in the Kipper gas and condensate field offshore Southern Australia. The sales and purchase agreement was signed on 6 November 2015 between…
Schlumberger and Ikon Science has announced an agreement to further develop the existing quantitative seismic interpretation capability in the Petrel exploration and production software platform. The collaboration will make high-value seismic…
Less than eight months after its discovery, BP and the Egyptian government signed a heads of agreement to rapidly progress the development of the Atoll deepwater field offshore Egypt as early as 2018. BP's…
Image from Baker Hughes. Baker Hughes announced the commercial release of FATHOM XT SUBSEA525 inhibitor that helps control asphaltene deposition in deepwater wells. The…
Amid being the center of a major, worldwide bribery and corruption scandal, Brazil state-run oil company Petróleo Brasileiro’s (Petrobras) operations are being affected by the oil workers’ unions strike, and at the same time, the company received the resignation of one of its board members…
Wood Mackenzie's corporate upstream research team has assessed Q3 results from the major oil and gas companies, identifying four key themes to look out in 2016. Wood Mackenzie says the latest round of earnings results offered the industry…
Shortly before Houston-based Noble Energy released its Q3 2015 earnings, Israeli Prime Minister Benjamin Netanyahu said that the country intends to fast-track natural gas development, especially now that the country’s economic minister, Aryeh Deri…
Chevron subsidiary Chevron Overseas (Congo) began oil and gas production from the Lianzi Field, the company’s first cross-border project between the Republic of Congo and the Republic of Angola, offshore Africa. Map of Lianzi…
Jerry Lee reports on all the exploration and production activity currently ongoing in the Mediterranean and North Africa. The Maersk Discoverer drilling in Egypt’s East Mediterranean Sea. Photos from BP…
NEL’s Emmelyn Graham discusses multiphase flow measurement – where is it going and what is needed. NEL’s flow measurement facility. Photos from NEL. Accurately measuring a complex mixture of oil…
René Larsen, of Inspection and maintenance software specialists SafeEx, discusses how Ex inspection software was deployed on a gas compression jackup rig destined for the Cantarell field offshore Mexico. Data collection…
US supermajor Chevron announced in its Q3 results that it expects to make further workforce reductions in the realm of 6000-7000 in an effort to cut costs. The company’s earnings this quarter were better than anticipated, according to analysts Simmons & Co…