French oil major Total and Abu Dhabi's oil firm ADNOC have signed agreements to jointly work on opportunities in the areas of CO2 emission reductions and carbon capture, utilization, and storage (CCUS).'The agreement brings together the best-in-class in low carbon technologies from ADNOC and Total…
Indonesia's oil and gas output is expected to contract for a fourth consecutive year in 2020, as aging fields and delays to new projects keep production levels below government targets, analysts said.The output decline comes as Jakarta proposes…
US based oil and gas company Occidental Petroleum announced on Thursday that former Schlumberger Chairman and Chief Executive Officer Andrew Gould has been elected to its Board of Directors effective March 1, 2020.Gould has more than 40 years of experience in the oil and gas industry…
Sapura Energy announced it has secured new work in in Malaysia, Thailand and Brunei worth approximately RM 774 million ($184.9 million). The three new contracts and two contract extensions bring the value of its cumulative contract wins year-to-date to about RM3…
DNV GL says its WIN WIN (WINd powered Water INjection) technology is now ready for prototype development after two joint industry projects have shown the concept to be technically feasible and cost efficient. WIN WIN was conceived in 2013 by DNV GL…
Norwegian oil and gas company OKEA has secured the Odfjell Drilling-owned semi-submersible rig Deepsea Nordkapp to drill for upside opportunities within and surrounding the Draugen field offshore Norway.The drilling operation is expected to commence in Q4 2019…
The UK Oil & Gas Authority (OGA) has made significant headway on projects aiming to support the energy transition alongside the core role of maximizing economic recovery of UK oil and gas, and it has now taken these efforts a step further.The OGA announced this week it has secured a £900…
With an increasing focus on more cost-effective, sustainable methods within the oil and gas industry, operators are carefully considering the choice between extending or ending offshore production asset life. Pre-decommissioning planning has been highlighted as a key issue for many companies…
British oil and gas production rose 4 percent to 1.7 million barrels of oil equivalent per day in 2018 compared with the previous year, according to the Oil and Gas Authority, an industry regulator.'The Oil and Gas Authority (OGA) now projects…
Energy giant Chevron announced Tuesday it has received approval from the U.K. Oil and Gas Authority (OGA) to move ahead with its plans for an Enhanced Oil Recovery (EOR) project that aims to unlock millions of extra barrels of oil and extend the life of the long-producing Captain field in the U…
Energy giant BP has taken its first oil from the Clair Ridge mega-project in the U.K. North Sea in a “major milestone” that is the culmination of many years of work.Clair Ridge, the second phase of the development of the Clair Field, 75 kilometers west of Shetland…
Last month (October 2017), Chevron approved plans for a commercial polymer EOR project on its UK North Sea Captain heavy oil field. Elaine Maslin looks at the broader prospects for EOR projects on the UKCS. For many fields on the UK Continental Shelf (UKCS) the clock is ticking…
TechnipFMC and Petronas have signed a tripartite heads of agreement (THoA) to 'leverage' their respective resources in areas including enhanced oil recovery and unmanned equipment. The collaboration, involving Petronas Research and Petronas Technology Ventures…
The Oil and Gas Authority (OGA) has published a 'lessons learned' on the use of polymer technology to enhance oil recovery (EOR) from UK oil fields. “Polymer Enhanced Oil Recovery – Industry Lessons Learned” was produced in collaboration…
US oil major Chevron is moving ahead with plans for an enhanced oil recovery (EOR) project using polymer technology on its Captain heavy oil field in the UK North Sea. The Captain field was discovered in 1977, in Block 13/22a on the edge of the outer Moray Firth…