While UK North Sea production efficiency has made improvements since diving to a dire 60% in 2012, more can still be done, says Gordon Lawrence from Asset Performance Networks. Image from iStock…
Finding a way to tap the North Sea’s estimated 3.4 billion of resources currently locked up in marginal pools has become a perennial problem. Elaine Maslin looks at a past solution and ideas for today outlined at an SUT Aberdeen event earlier this year…
After years of turbulence fueled by scandal and debt woes, Brazil and its oil company Petrobras detailed how they intend to get back on the right track. Melissa Sustaita reports. Fernando Coelho Filho…
Brazil is slowly emerging from one of its worst economic crises with the country’s oil and gas sector no exception, says the EIC’s Pietro Ferreira. Peregrino A platform. Photo from Statoil/ Øyvind Hagen…
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…
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