OE reached out to analysts Wood Mackenzie and IHS Energy to find out the view on the next 12-18 months. And the outlook is not so great for exploration spend. Audrey Leon and Elaine Maslin report. Wood Mackenzie Image from iStock…
Voxels, submicrons and synchrotronic optics are coming to an oil and gas laboratory near you. Well, almost. Elaine Maslin reports on the University of Aberdeen’s new high-spec scanner. High…
As easy oil depletes all over the world, Middle Eastern producers are turning to digital oilfield technology to not only enhance recovery but make finds economical to produce. Heather Saucier investigates the region’s technological gains…
With many assets now more than 25 years old, asset integrity is a daily concern on the UK Continental Shelf. Is the industry keeping up? Elaine Maslin reports. Rope access is used to get to areas usually out of reach…
Well plugging and abandonment activity as part of offshore decommissioning is starting to ramp up – but could it be done better? Elaine Maslin reports. Interwell’s exothermic P&A solution. Image from Interwell…
From an oil industry perspective it's difficult to find anything positive to say about 2015 other than I'm glad it's come to an end. Colin Welsh. Image courtesy of Simmons & Co. I certainly didn't see $35 Brent crude coming…
Both maintaining and launching new offshore production is high on the agenda in the Middle East, not least in Saudi Arabia, the UAE and Iran. IHS’ Mirzi Moralde outlines current activity in the region. Total’s…
Independent Oil & Gas (IOG) has received extensions from the Oil and Gas Authority (OGA) for its Cronx and P2085 licenses located in the North Sea. Cronx OGA has extended the Cronx license by one year to 9 January 2017. In addition…
Map of CI-508. From Genel. Vitol Energy is plugging and abandoning the Aigle-1X exploration well off the Ivory Coast after failing to encounter hydrocarbons, according to partner Genel Energy…
Songa Offshore's newbuild semisubmersible drilling rig, the Songa Endurance, has today started drilling operations under its eight-year drilling contract with Statoil at the Troll field on the Norwegian Continental Shelf, and the rig is now on operating rate…
Oil firm BP has started returning staff to its Valhall complex after evacuating the facility when an adrift barge started drifting towards it as fierce weather continued to wreak havoc across the UK and Norway. ConocoPhillips had also downmanned its Eldfisk platform earlier today…
One person has died and two more were injured after a breaking wave hit the COSL Innovator semisubmersible drilling rig around 5pm local time on 30 December, Statoil announced. The rig, which is under contract with Statoil for the Troll field in the North Sea…
Lundin Petroleum has completed the drilling and evaluation of exploration well 7130/4-1 on the Ørnen prospect. The well is in PL708, on the eastern parts of the Finnmark Platform in the southern Barents Sea. The well was dry and has been plugged and abandoned…
Shell started first natural gas production from the Corrib field, off the northwest coast of Ireland. Corrib start up. Image from Shell. Corrib is located 83km off Ireland’s northwest coast in nearly 350m water depth…
The Petronas floating LNG1 (PFLNG1) has reached a 95% overall progress in its construction and will come onstream in 2016, the company said. In late September, Petronas began lifting the first topside module for its PFLNG1 facility at…
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