Statoil and partners ENI and Petoro have made a 25-50 MMboe oil discovery in the Kayak exploration well in the Barents Sea, close to the Johan Castberg project. Eni said preliminary estimates of the size of the discovery are between 100 and 180 MMbo in place (25–50 MMbo recoverable)…
Zennor Petroleum has completed the acquisition of interests in Petroleum Production License P359, in the UK North Sea, from Esso Exploration and Production UK. These interests comprise a 40.0002% working interest in Block 23/16b Area A (Arran North) and a 66…
Italian contractor Saipem has been awarded a contract by Saudi Aramco for engineering, procurement, construction, installation activities and trunklines and installation works in Saudi Arabia, under a long-term agreement running from 2015 until 2021…
Westwood Global Energy Group’s Marina Ivanova sheds light on the global offshore wind market. Source: Westwood Global Energy Group. Westwood Global Energy Group (Douglas Westwood)…
Marie Morkved shows how a desire to eschew ‘how we’ve always done it’ helped Maersk Oil take a different approach to well intervention – using coiled hose on its UK North Sea Balloch field. Coilhose…
Audrey Leon discusses the next game-changing intervention technologies with OE’s Deepwater Intervention Forum advisory board members ahead of this year’s show. Onboard the Well Enhancer looking…
Where technology and collaboration can help the industry reduce the cost per barrel in a sustainable way will be a strong focus at this year’s SPE Offshore Europe, says conference chairman Catherine MacGregor, Drilling Group President, Schlumberger…
Elaine Maslin surveys some of the plugging and abandonment solutions presented at Sintef’s Experimental P&A Research for the North Sea event in Trondheim, Norway. Alexandra Bech Gjørv Plugging…
While offshore wind has taken off rather successfully in Europe – the US offshore wind industry has some way to go. Karen Boman reports on how existing offshore oil and gas technologies can be applied on offshore wind projects in the states…
Karen Boman assesses the market for West African oil and gas projects, and profiles Total’s Moho Nord development offshore Congo. The tension leg platform and Likouf FPU at the Moho Nord field…
The Taiwan Strait could be on the verge of an offshore wind boom. Elaine Maslin reports on ambitious targets and challenges. Image from iStock. Taiwan has set itself an ambitious offshore energy target…
While significant costs have been stripped out of the oil and gas industry, shale is fighting back. And, if the subsea industry is to survive, it will need more than just reduced costs, industry executives told the Underwater Technology Conference (UTC) in Bergen…
Elaine Maslin examines the market for wave and tidal, and reports on industry efforts to drive down costs and eventually scale up. A Tocardo device, supported on a Damen-built “UFS,” at Hatston Pier…
Composite for coiled tubing has been tried before, but the industry wasn’t ready yet. Norway’s Prototech is taking another look. New software optimizes composite pipe based on typical CT loading conditions…
EIC’s Andrew Scutter details the challenges and opportunities present offshore Senegal and Mauritania. Senegal Discoveries Map.Image from Far Ltd. During a challenging period for the industry…