Egypt has paid off US$1.5 billion of its debt to foreign oil and gas companies, the country's petroleum minister has announced in a statement, according to Egyptian media. The payment, announced a day after the Egyptian government signed $1…
Industrial services firm Cape Plc has been awarded a contract to supply services within BP's UK North Sea Magnus Life Extension project, MLXP. MLXP is a project being undertaken by BP as part of its North Sea renewals program, and will…
California-based Teledyne Technologies' Oil & Gas group has been awarded a contract by Aker Solutions for materials and engineering support covering subsea electrical and optical wet-mate interconnects for Total's Kaombo develpoment offshore Angola…
ExxonMobil chief executive officer Rex Tillerson spoke at the first-ever Greater Houston Partnership’s “State of Energy” event, giving his perspectives on the intrinsic ties between the energy industry and the city of Houston and highlighting North America’s…
A gas production platform in Alaska's Cook Inlet caught fire this morning, with a smoke plume visible for several miles, but the fire is now reported to be under control. The Baker platform near Nikiski is operated by privately held Hilcorp Energy Co…
ExxonMobil CEO Rex Tillerson (pictured) said on Thursday that the Ebola virus has disrupted plans to drill off Liberia, Reuters reported. Plans to drill the Mesurado-1 wildcat, located in block LB-13, were delayed in July, according to partner Canadian Overseas Petroleum Ltd…
Furthering its flurry of activity after Mexico’s landmark energy reform, Petroleos Mexicanos (Pemex) and ExxonMobil signed a preliminary deal to establish dialogue and jointly analyze both upstream and downstream business opportunities. Pemex…
3D or additive printing has caught the world’s imagination—with the potential for human bone replacements and even bio-ink being mooted. Elaine Maslin found out more. Maersk Oil’s digital core laboratory in Qatar…
In May 2014, Schlumberger announced the introduction of its GeoSphere reservoir mapping-while-drilling service. Claudio Paschoa discussed the new technology with Jean Seydoux, well placement and reservoir positioning program manager for Drilling & Measurements…
Chevron and Statoil are launching new solutions to a growing challenge in the Gulf. Bruce Nichols reports. The GE (Hydril) MaxLift pump aboard the Pacific Santa Ana drillship. Photos: Pacific Drilling…
Schlumberger’s Patrick Smith reviews technological developments that are increasing the accuracy of 4D seismic reservoir monitoring. Schematic representation of the reconstruction of a multi-measurement shot record…
Aberdeen-based Adept Solutions secured three contracts worth a total of US$2.4 million in West Africa. With the three contracts, Adept will implement its hydrocarbon accounting system, Axis, as part of projects on behalf of the Nigerian Petroleum Development Co…
Software that can turn your oilfield data into readable reports is coming to an oilfield near you. Elaine Maslin found out how this technology could help create articulate oilfields. Left: Dr.…
Wojciech Zmudzinski, chief pipeline engineer for McDermott (right) with an INPEX Ichthys Project representative during a valve manufacturing inspection at a factory in Italy. (Photo: Business Wire) McDermott…
Oil and gas companies are turning to new high-tech gadgets for workplace solutions. Audrey Leon spoke with Houston-based FuelFX to see how this new reality can be implemented. FuelFX’s Oliver Diaz demonstrates the Oculus Rift system…