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ONS: Optimism and the high north

Aug 29, 2016

In the run up to this week’s ONS (Offshore Northern Seas) conference in Stavanger, the short-term prognosis for the Norwegian oil and gas industry wasn’t good. Statistics Norway pointed to a nearly 20% drop in investment in the sector, estimated for 2017…

BP submits second Great Australian Bight plan

Aug 19, 2016

Supermajor BP has submitted its second environment plan for the Great Australian Bight to the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA), proposing the drilling of two exploration wells. Great…

Cement plug alternative sought for P&A

Jul 05, 2016

The Industry Technology Facilitator (ITF) has launched a call for proposals to improve or offer alternative approaches to cement plugs which are currently deployed in plugging and abandonment (P&A) operations in wells. The invitation is open to qualified organizations…

Petrofac bags Bumi Angola gig

Jun 09, 2016

Petrofac has been awarded a three-year contract to provide a condition monitoring program for Bumi Armada’s Olombendo floating, production, storage and offloading (FPSO) unit bound for offshore Angola. Currently under conversion in Singapore…

PGS, TGS survey available for Canadian bid round

Apr 20, 2016

PGS, in partnership with TGS, will offer support for the two calls for bid in the Eastern Newfoundland and Jeanne d’Arc regions issued on 7 April 2016. The partnership offers for license MC2D GeoStreamer data, and the 4550sq km MC3D-NL02-EN Orphan Basin GeoStreamer survey…

IEA: Early shut downs adding up

Apr 15, 2016

Some 65 MMboe will be left untapped offshore Norway due to the early shut down of fields and the failure of the Vette project to meet economic margins, according to a report by the International Energy Agency (IEA).  The IEA's April Oil…

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…

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