Deep sea minerals have been seen as a potential new source for in demand metals and rare earth elements. Offshore sector firms are eyeing the potential for a new revenue stream. Elaine Maslin reports. Many are looking to a new resource…
Karen Boman chats with industry veteran Tony Duncan about his plans at Magma Global and experiences selling operators on new technology. Tony Duncan Tony Duncan has faced many challenges in his career in the oil and gas industry…
Despite disappointment at Korpfjell, there’s optimism in the far North. The Christophe de Margerie LNG carrier in icy conditions. Photo from Total. High hopes were pinned on the multi-billion-barrel potential Korpfjell prospect…
A Dutch initiative is looking to combine gas to power production with CCS to unlock marginal fields on the Dutch Continental Shelf. Elaine Maslin reports. Images from Circular Energy. Like the rest of the North Sea…
Connector Subsea Solutions and Hydratight completed the world’s first deepwater riser repair at 1250m depth for BP off West Africa. Pål Magne Hisdal, Andre Midtun and Ivar K. Hanson explain. Image from the installation phase…
Mexico’s National Hydrocarbons Commission (CNH) has issued a call for bids for the country’s Round 3, consisting of 35 shallow water areas in the Gulf of Mexico. Image from iStock. The 35 areas cover some 26…
Keppel Offshore & Marine's BrasFELS shipyard in Brazil has delivered the Cidade de Campos dos Goytacazes MV29 floating production storage and offloading (FPSO) vessel to MODEC. The FPSO was completed safely, on time and within budget…
Norway's PSW Group mobilized and deployed a new capping stack in Fensfjorden, north of Bergen. The deployment, with Wellesley Petroleum, demonstrated PSW's ability to immediately respond to a well control incident. Wellesley tested…
Wison Offshore & Marine has developed a new buoyant tower solution with condensate or oil storage, adopting Wison’s proprietary buoyant tower technology. The concept provides a new option for the oil and gas development in the shallow- to medium-depth waters…
Ocean Rig's Leiv Eiriksson Yet another Barents Sea prospect has come up dry. Lundin Petroleum confirmed today that an exploration well on the Børselv prospect in PL609 on the Loppa High in the southern Barents Sea was a duster…
ION Geophysical announced an approximate 50% extension to its previously announced program offshore Panama due to strong client interest and prefunding to evaluate offshore Panama in advance of the anticipated license round. The client…
DONG Energy completed the divestment of its upstream oil and gas business, DONG E&P to Ineos, creating Ineos DeNoS. Image from Ineos. Ineos DeNoS will form part of Ineos Oil & Gas…
The Norwegian Petroleum Directorate has granted Bayerngas Norge a drilling permit for well 35/9-13 in the Northern North Sea. Well 35/9-13. Map from NPD. Well 35/9-13 will be…
Michael K. Wirth has been named to take the lead at US supermajor Chevron, following the decision of the current CEO John S. Watson to retire, effective 1 February 2018. Wirth. Images from Chevron…
QGEP Participações has completed two separate farm-out agreements, one with ExxonMobil and one with Murphy Oil in the Sergipe Alagoas Basin. The farm-out agreements are for Blocks SEAL-M-351 and SEAL-M-428. Additionally, QGEP and its…
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