Siemens plans to list its energy unit by around September next year, the head of its gas and power division said on Tuesday.The German conglomerate said in May that it was spinning off its gas and power business, which has dragged on the German…
Saudi Aramco has awarded 34 contracts with a total value of $18 billion for engineering, procurement and construction projects at its Marjan and Berri oilfields, the company said on Tuesday.Saudi Aramco plans to boost production capacity from the two fields by 550…
Royal Dutch Shell aims to boost output and recoverable reserves from its Ormen Lange gas field off Norway by installing subsea compressors, the head of its Norwegian operations said on Wednesday.Output from Shell-operated Ormen Lange, Norway's…
Natural gas abounds in North America. At the end of 2016, Canada and the U.S. shared 414 trillion cubic feet of proved reserves, with the U.S. the world’s largest producer and Canada the fourth largest. Unsurprisingly, there’s a keen appetite for developing LNG facilities across the continent…
ADNOC LNG said it signed an AED 3.16 billion (US$860 million) contract with a consortium of Spain's Tecnicas Reunidas and Abu Dhabi’s Target Engineering Construction Company for building the second phase of the Integrated Gas Development Expansion (IGD-E)…
Aker Solutions has boosted its expertise in LNG by hiring four specialists who have worked on more than 30 LNG projects globally. Aker Solutions has been working in LNG and gas processing, technology and projects, since the 1970s…
Industry guidelines designed to boost production efficiency in the UK Continental Shelf have been published by Oil & Gas UK. Between 2004-2012, the UK Continental Shelf (UKCS) faced the significant challenge of a sustained decline in levels of production efficiency (PE)…
BP has set its sights to extend its Azerbaijan presence until 2050, as the UK supermajor is expected to sign a deal at the end of the month for one of the world’s largest oilfields. The ACG field…
Fluor Corp. will perform the front-end engineering and design (FEED) for BP Trinidad and Tobago’s Cassia Compression project off the east coast of Trinidad and Tobago. Fluor’s scope includes the design of a new offshore gas compression platform…
Faroe Petroleum and DONG E&P Norge have completed the acquisition deal consisting of five Norwegian North Sea oil and gas fields, with Faroe only paying a fraction of the original US$70.2 million price tag. Image of Trym subsea gas compression…
Last year was a breakthrough year for subsea compression. Elaine Maslin surveys the projects that came online and discovers what became of Ormen Lange. Subsea compression at Ormen Lange. How it could have looked…
Norway's Statoil says the world’s first subsea gas compression system has now been in successful operation for one year on the Åsgard field, helping increase production by some 16 MMboe. The firm says the system, installed on the field in the Norwegian Sea…
Oil major Shell has completed system testing of the Ormen Lange subsea compression pilot in Norway, technology provider GE Oil & Gas has said. GE says it is the world’s first subsea gas compression system with a full subsea power supply…
Quest Offshore provides a look at subsea processing systems by type. Subsea Processing Project List (Onstream 2010+) Subsea Processing Application Region Operator Project Boosting Africa/Mediterranean…
Four individuals from the operating and contracting community have been chosen as the winners of this year’s Underwater Technology Foundation (UTF) Subsea Award for their efforts in seeing a new technology through qualification and into engineering…
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