Independent Oil and Gas (IOG) has received initial results from new interpretations of 3D seismic data covering the Blythe Hub licenses in their Southern North Sea (SNS) portfolio and also provides a further update on the Cronx acquisition…
Anadarko Petroleum posted a net loss of US$830 million in Q3 2016, as the US independent moves forward with its deal with Freeport McMoRan (FCX) and shifts its focus to oil with the deepwater Gulf of Mexico on its priority list. Walker…
Novenco has signed a contract with Singaporean contractor SMOP for delivery of HVAC equipment of air handling units (AHUs), fans and cooling equipment for the construction of the three platforms in the Culzean gas field in the UK sector of the North Sea…
Click to view larger. Source: Dominican Republic Ministry of Energy and Mines. The Dominican Republic's Ministry of Energy and Mines reported six areas on- and offshore that could be the starting…
In this video, Exxon shows a timelapse video of the construction of the Hebron gravity based structure (GBS), which took about five years to build. Exxon's Hebron heavy oil project off Newfoundland and Labrador, Canada, sits in the Jeanne d’Arc basin about 350km southeast of St…
A recently formed subsea services business has secured private equity investment in order to buy a fleet of 32 remotely operated vehicles. Aberdeen- and Houston-based M² Subsea was able to buy the fleet from the administrators of failed…
Statoil says it is aiming for production startup on its Trestakk discovery in the Norwegian Sea in 2019. The firm, which today submitted a plan for development and operation of the field, says the project will cost about US$610 million (NOK5…
Russia's President Vladimir Putin inaugurated first oil from the Vladimir Filanovsky field in the Caspian Sea yesterday (31 October). The V. Filanovsky field, discovered by Lukoil in 2005, is Russia’s largest oil discovery for the past 25 years…
It took a long time for exploration to make its impact offshore East Africa. Now it has, will there be another wait for LNG projects to look profitable? Professor Alex Kemp reflects. Image from iStock…
Enovate Systems’ Michael O’Sullivan and Stuart Ellison examine the US Bureau of Safety and Environmental Enforcement’s new well control rule and its implications for BOP casing shear rams. Photo from iStock…
EMAS Chiyoda Subsea’s John Meenaghan discusses challenges and solutions employed at three back-to-back tieback projects the company recently carried out in the US Gulf of Mexico The Lewek Constellation during reel exchange operations with the RB1…
Norway’s government has agreed to a new round of funding into carbon capture and storage technologies. Elaine Maslin reports. Research and testing is set to continue at Technology Centre Mongstad…
Offshore wind turbines have been successfully deployed in several European nations since 1991. Over the past five years, the US offshore wind industry has achieved major milestones. The US Bureau of Ocean Energy Management (BOEM) has awarded…
More and more heavy oil is coming into production pipelines. Measuring it, in a multiphase flow, is a challenge, says NEL’s David Millington. Heavy Oil. Photos from NEL. Cost…
The tidal industry’s high water mark is set to be made next year. Many hope it will be a turning point for an industry still facing many challenges. Elaine Maslin reports. Atlantis’ AR1500. Photo from Atlantis…