Christmas came early for Premier Oil and its Catcher development partners. First oil was achieved from the field's FPSO today (23 December), according to FPSO owner and operator BW Offshore. BW Catcher FPSO…
Accurate monitoring of oil and gas production is an increasingly valuable tool for operators and surveillance engineers but, until recently, visibility of data has been almost exclusively available to on-site operators. For those involved in remote surveillance and decision support…
Saipem has signed a contract with Eni Angola in relation to the West Hub Development project in Angola, which incorporates the work orders previously assigned and communicated in 2016 and 2017 and adds the scope of work for the development of the Vandumbu field in Block 15/06…
Dutch transport and installation firm Heerema Marine Contractors (HMC) has won an additional contract on Maersk Oil's US$3.6 billion Tyra Redevelopment Project offshore Denmark. Following the award of the transportation and installation…
Operator Aker BP has completed an acquisition of Hess Norge, which owns 10% stakes in the Norwegian North Sea Valhall and Hod fields, from Hess Corp for US$2 billion. At the same time, a deal by Aker BP to sell 10% interest in the…
Canada-headquartered engineering group SNC-Lavalin, which recently acquired engineering house Atkins, has signed a framework agreement with Shell to provide pre-feasibility and feasibility studies for modular options on Shell's projects. SNC…
US engineering group McDermott International, soon to merge with CB&I, has inked a major lump sum contract with Maersk Oil for work on the largest ever oil and gas project offshore Denmark. McDermott is to provide engineering, procurement…
Finnish power firm Wärtsilä is to retrofit an energy storage solution on to Norwegian North Sea Shipping's North Sea Giant offshore construction vessel in what's being described as a world's first. The energy storage system will reduce the DP3 vessel’s energy consumption…
Italy's Eni says a production test on the Tecoalli-2 well, in shallow water Campeche Bay, Mexico, showed 'excellent production capabilities,' and increased estimates of oil in place in Area 1 to 2 billion boe, with about 90% oil. The well is in Contractual Area 1…
KazMunaiGas (KMG) is to transfer to Eni 50% of the exploration rights over the Isatay block, in the Caspian Sea, offshore Kazakhstan. The block is estimated to have significant potential for hydrocarbon resources, which are geologically…
The performance of the world’s first floating LNG projects, which are moving from execute to operate, will form the shape of the industry to come. Elaine Maslin reports (First published in the December 2017 OE, access the full issue here)…
A series of trials in the North Sea to test non-intrusive inspection (NII) techniques have shown that they can offer similar results to traditional intrusive methods. Non-intrusive inspection technologies could mean operators do not have to shut-in equipment…
Work to fix a pipeline which is costing the UK North Sea industry millions in lost production a day is due to complete by Christmas, the operator has said. INEOS, which operates the Forties Pipeline System (FPS), a major export pipelines from some 80 assets in the UK North Sea…
Rosneft and partner Eni have spud the Maria-1 exploration well in the Zapadno-Chernomorskaya licence area in the Black Sea. The license is estimated to hold oil in place of over 570 million tons, Rosneft reported on 20 December. To prepare for drilling…
Petrobras has released its new 2018-2022 business plan, in which the Brazilian giant has promised to maintain about the same level of investments in exploration and production (E&P) as it listed in last year's plan. Photo from OE/Audrey Leon…
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