Rob Gill and Steve Henzell explain how WorleyParsons intends to make wellhead facilities production cheaper and faster with a design one, build many ethos. Images from WorleyParsons. The…
Cost cutting could help push more final investments decisions through this year, giving industry sight of some much-needed work. Steve Hamlen reports. Wood Mackenzie’s Malcolm Dickson. Northeast…
Eni CEO Claudio Descalzi has been talking to Libyan officials about the second phase of development of the Bahr Essalam field, in which first gas is set for next year. Sabratha. Image from Mellitah…
Statoil successfully installed the largest jacket on the Norwegian Continental Shelf (NCS) at its Johan Sverdrup project, giving the Norwegian giant the first visible sign of the field. The jacket…
The Norwegian Petroleum Directorate (NPD) has granted Statoil a drilling permit for wildcat well 7435/12-1 in the Barents Sea. Map of 7435/12-1, from NPD. Well 7435/12-1 in production…
Map of North Malay basin, from Hess. Hess Corp. is ready to start production at its North Malay basin project offshore Malaysia in Q3 2017. The North Malay Basin Block PM302 is…
Anadarko Petroleum has finalized two agreements with Mozambique's Government, paving the way for its LNG project offshore the east African country. The 'marine concessions' agreements allow Anadarko to design, build and operate the marine facilities for Offshore Area 1 LNG project…
Talos Energy's Zama-1 exploration well, which made the 'world class' Zama discovery, has failed to find further volumes in a deeper target. Zama-1 is being drilled in 166m water depth, in Block 7 in the Sureste Basin, about 37mi (60km) off Tabasco…
Windfire Capital has signed a letter of intent with DMiner Asset Management to acquire 76.5% in a license offshore Namibia. Windfire will acquire the stake in license 0079, covering Blocks 2815 and 2915, through the acquisition of 91…
Plug and abandonment (P&A) and well repair specialist HydraWell has appointed Mark Sørheim as its new CEO. Mark Sørheim joins HydraWell from Schlumberger in Aberdeen where he held the position as integrated drilling and completion project director…
A research partnership has been formed between GLINCS and Heriot-Watt University to develop Time Resolved Fluorescence (TRF) technology for scale inhibitors, which are deployed into production wells. The TRF technology will address current…
Varel UK has signed a collaborative project with the University of Aberdeen to design and develop a new drill bit, which addresses the unique challenges of drilling in Resonance Enhanced Drilling (RED) mode. Resonance Enhanced Drilling…
Faroe Petroleum has agreed to acquire a further 13.9935% interest in the producing Blane field in the UK North Sea from JX Nippon Exploration and Production for US$5.25 million. The field is a subsea tie-back to the Ula platform (Faroe 20%)…
Statoil and its partners have started production from the US$126 million (NOK 1 billion) Byrding field in the Norwegian North Sea. The project cost is down from the original estimate of $440 million (NOK 3.5 billion). Byrding is an 11 MMboe recoverable field north of the Troll field…
All Coast LLC will enter the US offshore wind farm market with the development of the first Jones Act-compliant vessel built for offshore wind farm installation and support activities. The liftboat will be capable of installing offshore foundations and wind turbines…
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