Panoro Energye announced an 89% increase in 2P oil reserves at the Dussafu Production Sharing Contract (Dussafu PSC), offshore Gabon.A mid-year update report from independent reserves auditor Netherland, Sewell & Associates Inc. (NSAI) on certain…
Operator Siccar Point Energy said it has awarded an exclusive front-end engineering and design (FEED) contract to Sembcorp Marine for the design of a Sevan cylindrical floating production, storage and offloading unit (FPSO) for its Cambo field development on the UK Continental Shelf…
Access to and use of additive manufacturing (AM), also known as 3D printing, has increased in recent years due to the expiring of patents on techniques and technologies, says Hugues Greder, Lead Petroleum Engineer at Total.Computing power is…
Finance — or at least project economics based on long-term commodity prices — appear to be factors limiting a surge in investments in floating liquefied natural gas (FLNG) a new study by U.S.-based numbers cruncher, World Energy Reports, revealed Monday…
Oil and gas explorer Woodside Petroleum said it started producing oil from the $1.9 billion Greater Enfield project off western Australia on Sunday.Reuters reported last month that commissioning activities at the field had started.Production…
US-based ocean energy solutions company Ocean Power Technologies (OPT) said it has deployed a PB3 PowerBuoy to serve as an autonomous intelligent platform to provide communications and remote monitoring services for its customer Premier Oil…
Premier Oil will announce a second reserves upgrade for its Catcher oilfield in the UK North Sea at the end of the year, Chief Executive Officer Tony Durrant told Reuters on Thursday.The field has reached a plateau production rate of 70,000 barrels of oil equivalent per day…
Global floating production services provider BW Offshore has confirmed a one-year extension for the lease and operation of the FPSO Petroleo Nautipa on the Etame field offshore Gabon for VAALCO Energy.BW Offshore, which owns a fleet of 15 floating production…
Trelleborg announced on Wednesday that its offshore operation has been awarded a fast track contract to produce more than 80 laminated elastomeric bearings for floating production storage and offloading (FPSO) vessel operator MODEC.The first…
State-controlled oil firm Petroleo Brasileiro SA said the cost of extracting oil in subsalt areas may fall from the current level of $6 a barrel, Chief Executive Roberto Castello Branco said during an event.(Reporting by Marta Nogueira Writing by Ana Mano Editing by Chizu Nomiyama)
Production is shut down at the 220,000-barrel-per-day Hibernia oil platform off the coast of eastern Canada, Hibernia's largest shareholder ExxonMobil Corp said on Monday, after a temporary power cut led to oil and water leaking into the ocean…
Canada's Husky Energy said on Friday it will resume full production at its White Rose field off the coast of Newfoundland & Labrador, which was shut down last year after an oil spill in November 2018.White Rose production will ramp up to reach full rates of approximately 20…
Vår Energi said it has awarded an engineering, procurement, construction and installation (EPCI) contract to Rosenberg Worley for the lifetime extension of the Jotun floating production storage and offloading vessel (FPSO), enabling oil and gas production from the Balder field until 2045…
Airborne Oil & Gas announced on Wednesday it has secured a contract with Addax Petroleum which will see the firm deliver two gas lift jumpers offshore Nigeria.The Netherlands headquartered business will supply two, 180-meter-long thermoplastic…
Flowserve Corporation (FLS), a provider of flow control products and services for the global infrastructure markets, has entered into a five-year contract with Shell Australia to provide general maintenance services for Shell’s Prelude Floating Liquified Natural Gas (FLNG) facility…
