Modeling flow assurance regimes is no easy task, not least for long distance tiebacks, where the need for accurate modeling is crucial. Alexander Belkin outlines a model he has worked on. During the past several decades, offshore oil…
Swedish marine energy company Minesto has been awarded a US$14.4 million (€13 million) investment from the European Regional Development Fund (ERDF) through the Welsh government to roll out its Deep Green tidal power plant. Deep Green…
The US Energy Information Administration (EIA) published its Annual Energy Outlook 2015 report, authored by Adam Sieminski, today. A key finding of the report is that US net energy imports, including all fuels, are expected to decline and…
Stone Energy’s Cardona deepwater development in the US Gulf of Mexico came online in November ahead of its sanctioned schedule and under budget. Image from Stone Energy. Cardona is located…
Centrica Energy discovered gas at the Pegasus West discovery in the southern North Sea. Image of the Paragon 391 jackup at Pegasus. From Centrica. The Pegasus area is 150km east of Teesside…
A new research study from Flow Research, Volume X: The World Market for Flowmeters, 5th Edition finds that the worldwide new-technology flowmeter market totaled US$4 billion in 2013 and is projected to grow substantially to exceed $5.7 billion by 2018…
Drill floor operations on the Rowan Norway. Image from Xcite Energy. Work on the Bentley heavy oil field in the North Sea showed the significance of experimental data when unconventional fluids are expected to be transported through pipelines…
Fractured basement explorer Hurricane Energy has successfully completed the testing phase of its horizontal appraisal well in the Lancaster fractured basement oil discovery West of Shetland. The well will be suspended as a future producer…
Siemens Energy has received an order to deliver customized direct electrical heating (DEH) power supply systems for ten subsea flow lines, with an option for two additional systems. The customer is BP Exploration and all the systems are…
Noble Energy, Inc. announced that the A-2 appraisal well drilled on the Block 12 discovery off Cyprus encountered about 120ft of net natural gas pay within Miocene-aged sands. The Cyprus A-2 well, which is more than four miles northeast of the A-1 discovery location…
BG Group successfully completed a drill-stem test in the Pweza gas field in block 4 off southern Tanzania. The Pweza-3 appraisal was drilled approximately 2km north of the original Pweza discovery well by the Deepsea Metro-1 drillship in 1400m of water…
BSEE confirmed on July 12 that Energy Resource Technology, LLC (ERT) stopped the flow of natural gas from well No. 2 at Ship Shoal Block 225, Platform B. The flow from the well, located approximately 74 miles southwest of Port Fourchon, Louisana…
Dean Arnison, subsea controls business leader at GE Oil & Gas subsea systems group, revealed that GE as a group is working on virtual flow metering with a field specific package developed last year being installed by an operator ready for first gas in mid2013…
Despite higher oil prices, improving access to capital, increasing economic optimism and a generally more favorable deal environment, oil & gas executives are still cautious about engaging in M&A, according to Ernst & Young's sixth Global Capital Confidence Barometer…
With heavy oil today representing around 70% of the world’s confirmed oil reserves, extraction of the heavier crudes is growing rapidly and there is an increasing need for flow measurement of high viscosity hydrocarbons. NEL's Chris Mills reviews the technological challenges ahead…