Honeywell Process Solutions announced the release of Digital Suites for oil and gas, an innovative set of software and comprehensive services that can help oil and gas producers boost production performance by 3 to 5% while improving operational safety…
Natural methane leakage from the seafloor is far more widespread on the US Atlantic margin than previously thought, according to a study by researchers from Mississippi State University, the US Geological Survey, and other institutions. Methane…
Australia's Sunbird Energy has the final scoping report under review for development of the Ibhubesi gas project off South Africa's Atlantic coast. South Africa granted final approvals in June for Sunbird Energy's acquisition of Block 2A from Denver-based Forest Oil Corp…
BG Group says the results of a second drill-stem test (DST) on the Mzia discovery in Block 1, offshore southern Tanzania, has provided further support for a hub development to supply an onshore LNG project. The DST in a side-track on the Mzia-3 appraisal well…
Shell made a gas discovery at the deepwater Majoram-1 well 180km off the Malaysia coast. The Marjoram-1 well is located in Block SK318, in 800m of water. Shell says the addition of new natural gas resources this year ensures the company is able to continue to provide cost-effective…
With demand for hydrocarbons increasing and costs rising, the exploration and production industry is also facing numerous technical challenges including the development of high-pressure – high-temperature (HPHT) reserves. HP / extreme-HP typically refers to borehole pressures between 10…
Three Japanese exploration companies, led by project operator Idemitsu Kosan Co., announced the discovery of natural gas and condensate at the fourth well in Blocks 05-1b and 05-1c offshore southern Vietnam. The discovery was in the Dai Nga structure in Blocks 05-1b and 05-1c…
Saudi Aramco Energy Ventures is investing US$30 million in Siluria Technologies, a pioneer commercial production of fuels and chemicals made from clean and abundant natural gas. Siluria announced the initial close of its Series D financing round with this news on 20 August…
ENI has confirmed a contract with Malaysia's Bumi Armada for an FPSO to be used on its deepwater East Hub field, in Block 15/06 offshore Angola. The contract, worth in total about US$3 billion, is a 12 year charter with eight yearly…
Mex Gas Supply (MGS), a subsidiary of Mexico's Petroleos Mexicanos (Pemex) has a formed an alliance with Switzerland’s Mercuria, financed by JPMorgan.to import US-sourced natural gas. On 8 August, Geneva-based Mercuria Energy Trading…
The American Petroleum Institute (API) released comments urging the Bureau of Ocean Energy Management (BOEM) to consider all Outer Continental Shelf areas for inclusion in the government’s offshore oil and natural gas leasing program for 2017 – 2022…
BP Trinidad and Tobago LLC (BPTT) announced the sanction of its Juniper offshore gas project off the southeast coast of Trinidad. The project will involve the construction of an unmanned platform and associated subsea infrastructure…
UK-based Cluff Natural Resources (CNR) has been awarded three Conditional Underground Coal Gasification (UCG) licenses, Options for Leases and non-exclusive Exploration Licenses for two offshore deep UCG prospects offshore Durham and Cumbria…
Aberdeen’s oil industry has pioneered global offshore harsh environment exploration, but it will need to “innovate its socks off” to maximize the North Sea’s remaining potential and remain competitive globally, a special SPE event in the Scottish city heard last night…
Statoil has said its three-well exploration campaign in the Hoop area of the Barents Sea has failed to make a commercial discovery after completing its final wildcat well on the Mercury prospect. Well 7324/9-1 on the Mercury prospect was in license 614 in the Barents Sea offshore Norway…
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