Renco Elang Energy is set to spud the Amanah Timur-1 exploration well in the South Block A PSC, in the North Sumatra basin of Indonesia. Assuming satisfactory rig inspection by government officials, the well is currently scheduled to spud on 5 December…
Aker BP has completed the integration after the merger between Det norske oljeselskap and BP Norway. Aker BP now operates as one organization with considerable ambitions on the Norwegian Continental Shelf. “Aker BP has been through extensive integration work since we announced the merger…
Audrey Leon speaks with Helix Energy Solutions Group’s David Carr about a new system from the Subsea Services Alliance, which seeks to safely drive down the cost of well abandonment operations in open waters. Helix…
Asset Guardian Solutions Ltd. (AGSL), which specializes in managing and protecting companies’ “hidden assets” such as process critical software, has appointed Mark Steel to the position of business development manager for the UK. The…
Siemens US CEO, Eric Spiegel will leave the company at the end of the year at age 59. Spiegel will be replaced by Judith Marks, effective 1 January 2017. In addition, Lisa Davis has been appointed chair and CEO of Siemens Corp., effective the same date…
BP has sanctioned the US$9 billion Mad Dog Phase 2 project in the Gulf of Mexico, with first production set to start in late-2021. Illustration of Mad Dog 2, from BP. The UK supermajor’s…
India plans to invest US$20 billion in deepwater natural gas development in the next five to seven years, the country’s Oil Minister Dharmendra Pradhan said this week, according to news reports. Image from India's Ministry of Petroleum and Natural Gas…
Centrica plc entered a deal to sell its entire portfolio of gas assets in Trinidad and Tobago to Shell E&P for an initial cash consideration of US$30 million (£24 million). The assets consist of a 17.3% interest in the producing NCMA…
After proving a deft hand at reusing topsides, Engie is now looking to do the same with jackets – but instead of moving them to new sites as production facilities, the firm wants to make them into marine habitats. Elaine Maslin reports. Engie’s vision…
The offshore lifting market for decommissioning has been relatively small so far, but it won’t stay that way. Elaine Maslin looks at some new concepts edging into the market. OOS’ Serooskerke. Image from OOS…
2016 has been a year of challenges for the oil and gas industry. Audrey Leon surveys some of the year’s notable starts. Shell’s Stones project came online in September 2016, using the Gulf of Mexico’s second ever FPSO…
New products, more data and leaner ways of working can change the way the industry identifies, develops and produces reserves. AnTech’s Tim Mitchell outlines the role fiber optics have to play. AnTech’s hybrid wellhead outlet…
Despite oil’s instability over the last few years, the underwater vehicle market is set for modest growth as well as a breakthrough in resident vehicle technology. Emma Gordon reports. Subsea 7’s AIV…
Elaine Maslin reports on the year’s top discoveries to date. The largest discoveries were smaller in 2016, but the average ranged between 396-524 MMboe. Atwood Oceanic’s Atwood Achiever drillship…
Seeking additional gains from subsea wells on a tight budget has paved the way for the implementation of a new technology to the market. Elaine Maslin reports. Helix’s Compensated Coiled Tubing Lift Frame in its operational position…
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