The P-66 floating production, storage and offloading (FPSO) vessel is on its way to work on the Lula Sul field, in Brazil's Santos Basin, after being delivered by Keppel Offshore & Marine subsidiary Keppel FELS Brasil SA's BrasFELS shipyard…
Fractured basement reservoir explorer Hurricane Energy says its previous 300 MMbbl estimate for the Lancaster field, west of Shetland is conservative. The firm has completed technical analysis of the Lancaster, Lincoln and Warwick assets…
Reinvigorated following recent energy reforms, Mexico’s oil and gas industry will be on full display at the Petroleum Exhibition & Conference of Mexico (PECOM) in Villahermosa, Tabasco, this March. A…
Borets has named Obren Lekic as CEO of Borets US, located in Houston. Lekic. Image from Borets. With more than 20 years of experience in the oil and gas industry, Lekic will lead…
TechnipFMC awareded Agility Subsea Fabrication (ASF) a contract for the fabrication of one integrated subsea manifold system for the Visund North field in the Norwegian Sea. The scope of work is a copy version of an earlier delivered fast track project…
ABB has signed a project specific agreement for the safety and automation system with Statoil for the Johan Castberg offshore oil field development. Statoil has issued the first call-off from the agreement covering front-end engineering and design (FEED)…
As part of the 21st Century Exploration Road Map initiative (21CXRM), the Oil and Gas Authority (OGA), in collaboration with the 21CXRM Technical Advisory Committee, has awarded two contracts for petroleum system related studies for the East Shetland Platform and South West Approaches areas…
The UK's Oil & Gas Innovation Centre (OGIC) has helped to secure a plasma generator for the University of Aberdeen thanks to a donation from Saudi Aramco. Through its Aberdeen Technology Office, which specializes in upstream research and technology…
Independent NU-Oil raised raise US$2.56 million (£2.05 million) in new shares to help it with its stranded and marginal field strategy with 50% owned MFDevCo (Marginal Field Development Co.). NU-Oil says its next logical stage being the acquisition of a project…
Israel's Delek Group has made a US$524 million offer for UK independent explorer and producer Ithaca Energy. The offer, a 12% premium on Ithaca's last closing price on the Toronto Stock Exchange, would see Delek take over Ithaca's UK North Sea portfolio…
DOF Subsea has been awarded a three-year inspection, maintenance, and repair (IMR) frame agreement with one of the major oil and gas companies in the In Asia Pacific region. DOF Subsea has recently secured a safety case for Geoholm…
Oil & Gas UK has launched new guidelines, aimed at simplifying subsea developments. Realizing the potential of the North Sea’s “small pool” reserves could be helped by its guidelines, Oil & Gas UK says. The launch follows a call…
Wintershall is to develop the Skarfjell field in the Norwegian North Sea via a subsea tieback to the nearby Engie-operated Gjøa platform. The Gjøa platform. Image from Engie/Jan Inge Haga. Skarfjell is in the northeastern North Sea…
The Industry Technology Facilitator (ITF) is welcoming additional participants to a new joint industry project (JIP) to develop pipeline anchoring and monitoring systems which could mitigate the risk of pipeline walking and cut pipeline anchor installation costs in half…
British subsea companies are expecting to increase overseas activity in the next 12 months, according to a survey conducted by industry body, Subsea UK. Of the 300 member companies surveyed, 27% are predicting increasing exports by 50% or more in 2017…