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Rystad: US$230 billion in projects delayed due to oil price

Jan 28, 2016

Schedule slippage is an ever-present reality for exploration and production (E&P) projects, especially for the more complex mega-projects, says Norwegian oilfield analysts Rystad. 'In addition to subsurface challenges, above-ground issues…

Greater Stella set back again

Jan 12, 2016

First production from the Greater Stella Area development in the UK North Sea has been set back once again.  Sail-away of the FPF-1 floating production facility is expected to be delayed by six-12 weeks due to slippage in completion of…

DOJ delays Halliburton, Baker Hughes merger

Dec 15, 2015

Halliburton and Baker Hughes’ efforts to complete their US$34.6 billion mega merger hit a new snag with the Antitrust Division of the US Department of Justice (DOJ). Image from Baker Hughes. The…

KrisEnergy gets Rossukon approval

Nov 23, 2015

The Department of Mineral Fuels (DMF), the government agency responsible for Thailand’s upstream petroleum industry, granted approval to KrisEnergy for the production area application (PAA) for for an area containing the Rossukon oil discovery in the Gulf of Thailand…

IOG's Skipper gets 6% increase

Nov 12, 2015

Independent Oil and Gas’s (IOG) Skipper discovery in the UK North Sea received an increase of recoverable resources by 6% to 34.1 MMbbl. Map of Skipper. From IOG. Skipper, currently in the advanced stages of planning…

Shell gets Shelburne green light

Oct 21, 2015

The Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) granted Shell Canada the approval to begin its Shelburne Basin Venture Exploration Drilling Project, offshore Nova Scotia. The Stena IceMAX…

Shell, BG merger hit by Aussie delay

Sep 17, 2015

The US$70 billion Shell and BG Group merger is being delayed until November 2015 by the Australian Competition and Consumer Commission (ACCC) after a warning that the billion dollar takeover could increase Australian gas prices, plus limit domestic gas supplies…

Lancaster given discovery status

Sep 10, 2015

UK-based basement explorer Hurricane Energy is a step closer to developing its UK North Sea Lancaster field after the Oil and Gas Authority agreed to the company's request for a field determination area for it. The field was granted discovery oil field status as oil field number 572…

CGG data management open to Diskos group

Aug 27, 2015

CGG's E&P data management solution for the seismic, well and production modules in the Diskos database, Norway’s National Data Repository, is now in production and accessible to all members of the Diskos group. The Diskos implementation…

Russia seeks to extend Arctic territory

Aug 07, 2015

Russia's Ministry of Foreign Affairs earlier this week announced it had submitted a revised bid claiming 1.2 million sq km of Arctic sea shelf to the UN Commission on the Limits of the Continental Shelf (CLCS). The country's previous bid in 2002 were rejected for lack of evidence…

Cluff eyes southern North Sea drilling

Jul 20, 2015

UK-based Cluff Natural Resources says it has made 'significant progress' on its plans for exploration drilling in southern North Sea licenses. The company was formed to exploit underground coal gasification (UCG), but it is also exploring for natural gas in the southern North Sea…

Greater Njord taking shape at drill bit

Jun 24, 2015

Drilling to further grow the resources around the Njord field in the Norwegian Sea has started, with more expected this year, helping firm up plans for the greater Njord area, according to partner Faroe Petroleum. Concept selection for…

Delfin proposes first GoM FLNG

May 11, 2015

Delfin LNG submitted an application to construct, own and operate the Delfin LNG project (Port Delfin) in the Gulf of Mexico (GoM) under the Deepwater Port Act (DWPA). Map from Delfin.  The…

EnQuest Producer completes sea trials

Mar 19, 2015

EnQuest’s Alma/Galia development floating production vessel the EnQuest Producer has left its berth in Newcastle, northern England, where it was undergoing finishing and commissioning works, and has completed marine trials.  The 249m-long unit…

Total North Sea reinvention needed

Mar 12, 2015

A “total reinvention is the level of change that is needed” for the North Sea to move forward and continue to be competitive, energy leaders heard in northeast England yesterday (11 March).  The North Sea’s mature status, high costs,…

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Offshore Engineer (Sep/Oct 2019)

This issue of Offshore Engineer is dedicated to Big Data and Digitalization

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