Eckhard Hinrichsen analyses the race for oil and gas reserves as the market liberalizes. The Mexican energy industry is at last open to foreign companies. Investment opportunities abound as the important first licensing rounds loom. The…
National Ocean Industries Association (NOIA) president, Randall Luthi, joined API’s Jack Gerard and IADC’s Stephen Coleville this morning to discuss improvements in offshore safety since the Macondo Well accident five years ago. Luthi’s…
Seaway Heavy Lifting entered into a contract with Cardon IV in Venezuela for transportation and installation of the Perla project gas production platforms complete with tie-in of the subsea infrastructure. The Perla development consists…
Siemens is opening its new oil and gas headquarters in Houston. Siemens managing board member Lisa Davis, who leads Siemens’ oil and gas and power generation businesses, will be based in the West Memorial Drive office in Houston’s energy…
India’s Reliance Industries’ (RIL) MJ Discovery is estimated to have 1.4 Tcf of unrisked contingent resources offshore India, according to partner Niko Resources. MJ Discovery map. From Niko. The…
Reservoir engineers are getting to grips with automatic flow control devices to limit water cut and gas breakthrough – just as they did with their passive forbearers, explain Benn A Voll, Ismarullizam Mohd Ismail, and Iko Oguche. Fig…
Wood Group Kenny’s Luis F. Garfias outlines the challenges relating to material selection and testing for eventual use in harsh environments. Photo by Robert Callaway. The increasingly…
The North Caspian Operating Co. (NCOC) awarded Saipem a US$1.8 billion engineering and construction contract to build two pipelines for the Kashagan field project, offshore Kazakhstan. Image from NCOC…
Ireland-based exploration firm Petroceltic is focusing its attention on Egypt after two offshore block awards were recently ratified. The firm said during 2014, formal award of the offshore North Thekah block was awarded and, more recently…
Indonesian authorities have approved a plan of development (POD) for the Lengo gas field in the Bulu production sharing contract (PSC) offshore East Java. Approval of the POD paves the way for the operator, KrisEnergy, to pursue formal…
Less than one year into his tenure as the President and CEO of KBR, Stuart Bradie will spend up to US$1 billion to streamline and reorganize the energy engineering and construction giant following the results of a strategic review he initiated in June…
Jumbo signed a contract with Technip Oceania for the installation of 13 subsea structures for the Chevron Wheatstone Project. The subsea structures comprise of pipeline termination structures, subsea isolation valve structures, tee protection structures and drill center manifolds…
Statoil has shut its Snohvit LNG plant down because of a gas leak, Reuters has reported. While it is not yet known when the plant will return to production, Statoil Spokesperson Oerjan Heradstveit told the news service: 'The situation is now under control and there is no longer a leak…
Russian authorities confirmed the reserves in the Pobeda oil and gas field, located on the Kara Sea shelf, Rosneft announced. The field was discovered through the Universitetskaya-1 well. The gas reserves were discovered in the chalk deposits of Cenomanian Age and Apt-Alb Age…
Statoil plans to pump an additional NOK20 billion (nearly US$2.9 billion) in its Hammerfest LNG plant in Melkoya to increase its production capacity, Norwegian news service NRK has reported. A new pipeline and compression facility are envisioned for the plant…
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