Houston’s KBR has been awarded two global agreements by BP International for the provision of conceptual engineering services, and another for the provision of pre-front end engineering design (FEED) and FEED engineering services. Each…
Exploration and production companies have been hesitating to engage in greenfield projects amid the current market downturn, resulting in the lowest offshore project commitment since 1998, according to Norwegian analysts Rystad Energy. Only…
Atlantic Petroleum entered into a US$1.1 million (DKK 7 million) sale and purchase agreement with Bridge Petroleum for its 25% interest in the Orlando development, offshore the UK. The deal also includes a deferred consideration in the…
Atlantic Petroleum entered into heads of terms with London Oil and Gas (LOG) to inject about US$11.4 million of funds and assets into Atlantic by 24 June 2016. “Atlantic Petroleum's Orlando & Kells assets are expected to have a high value when the market conditions improve…
Golar LNG signed a memorandum of understanding (MOU) with Schlumberger to co-operate on the global development of greenfield, brownfield and stranded gas reserves. Under the MOU, Golar and Schlumberger have agreed to jointly market gas monetization solutions to owners…
The University of Houston (UH) petroleum engineering program – started in 2009 with just 20 undergraduate students – has been elevated to a full department within the UH Cullen College of Engineering. The move was announced this month. The new department…
A greenfield platform was a more effective option over brownfield modifications on Shell’s Leman Alpha complex in the North Sea. Elaine Maslin explains how Dutch expertise made it a reality. The Leman AC platform engineering drawing rendering…
African Petroleum, an independent oil and gas exploration company, is seeking strategic partners on its ten licenses in Côte d’Ivoire, Liberia, Senegal, The Gambia and Sierra Leone in order to share risk and potential reward of their exploration program…
Wood Group acquired BETA Machinery Analysis (BETA), a Calgary-based engineering consultancy specializing in advanced vibration analysis in a deal valued at US$14.3 million. BETA’s expertise in advanced vibration, pulsation stress…
Every project is different and comes with its own unique challenges, however ADIL has developed a set of golden rules which provide the industry with a best practice approach to delivering value in brownfield developments in an increasingly constricted marketplace…
Wood Group has been awarded an offshore maintain potential program contract by Saudi Aramco for greenfield and brownfield engineering services, procurement and construction management support for new facilities in the Arabian Gulf. The six-year contract…
The Petroleum Bill and suite of associated regulations as well as a sovereign wealth bill have been put before the Bahamian House of Assembly for their second readings on 20 May, Bahamas Petroleum Co. announced. Image from Bahamas Petroleum…
GMC Ltd. has just completed the basic design of a self-installing buoyant tower for the Prinos field development, located in the northern Aegean Sea, offshore Greece for Energean Oil and Gas. Image from GMC Ltd…
Imtech Marine is supplying a heating, ventilation and air conditioning (HVAC) system to the 6000-tonne Alba B3 greenfield compression platform, currently under construction for Marathon E.G. Production. To be located in Equatorial Guinea…
Norway's Ministry of Petroleum has welcomed interest in its latest Awards in Pre-defined Areas licensing round, despite the expection that future discoveries in the area will be smaller than in the past. Stakes in some 54 new production…
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