Statoil has decided to suspend Scarabeo 5 due to overcapacity in its rig portfolio. The suspension will take effect once Scarabeo 5 has completed drilling of a well on the Kristin field in the middle of August, and will last until 1 March 2016…
Golar LNG, national oil firm Societe Nationale de Hydrocarbures (SNH) and French independent Perenco have agreed the commercial terms for the Africa's first floating LNG (FLNG) project. The project will be the first FLNG export project…
UK national standards holder NEL is investing £1 million to create the UK’s only flow meter calibration facility capable of testing at significantly elevated pressures and temperatures. This new test loop will reduce oil and gas operators’…
Tullow Oil's TEN project offshore Ghana is ramping up towards offshore installation activities this month and is on budget and on track for first oil mid-2016, the firm said today. The TEN project, named after the Tweneboa, Enyenra and Ntomme fields it will develop…
Norway's Statoil has made a small discovery near the Gina Krog development project, according to the Norwegian Petroleum Directorate and pratner Det norske. Wildcat well 15/6-13 and appraisal wells 15/6-13 A and 15/6-13 B were drilled…
Wells and facilities decommissioning around the world is entering a new era. Some drivers for the changes in decommissioning are eco-awareness, a recent particularly onerous cycle of climatic events, facility design evolution, the glaring…
As decommissioning begins in earnest in the UK North Sea, the real cost of decommissioning is starting to be seen. Elaine Maslin reports on a study conducted to assess the increasing costs. The…
Heerema Marine Contractor’s new semisubmersible crane vessel is set to make waves. Elaine Maslin reports. An illustration of the new NSCV. Photos from Heerema Marine Contractors. Norse gods do not come along that often…
A change in Nigerian leadership will not end piracy risks to companies that operate oil and gas assets offshore West Africa. AKE Group’s Laura Barber weighs in. A ship uses fire hose defense. Image from US Naval Institute…
The tides are changing in many countries, which are ramping up their political policies to provide international operators the consistency and transparency needed to invest in the region. Heather Saucier reports. Noble Energy has distributed approx…
Could the North Sea become a CO2 storage site? Elaine Maslin takes a look at two proposed projects and some of the challenges involved. The CCS goal—how the Scottish Centre for Carbon Storage sees carbon capture and storage on and offshore…
Carbon capture and storage (CCS) projects need to demonstrate, through monitoring, that the injected CO2 is contained within the geological store during and after injection and no unexpected migration has occurred. In order to achieve this…
There has been much uncertainty in recent years around the tax relief available to companies as part of the decommissioning process, as a result of a constantly changing UK tax regime. Oil and gas companies have commonly been required…
Norway’s Standlifter has developed a decommissioning jackup concept. The concept, shown during Norway’s Subsea Valley conference in April, is a jackup equipped for plugging and abandonment (P&A) and decommissioning operations in up to 300ft water depth…
For offshore field development planners, the selection between wet or dry tree completion systems represents a key planning decision. Granherne compares the two and Jeannie Stell captures the details. Robert…