A new independent estimate of world oil reserves has been released by Rystad Energy, showing that the US now holds more recoverable oil reserves than both Saudi Arabia and Russia. For US, more than 50% of remaining oil reserves is unconventional shale oil…
A feasibility study report says full-scale carbon capture, transport and storage (CCS) in Norway could be achieved by 2022. The study, by Norway's Ministry of Petroleum and Energy, sets out to identify at least one technically feasible CCS chain with corresponding cost estimates…
MEO Australia has reached an agreement to assign its 50% interest in the WA-454-P exploration permit, in the Bonaparte Gulf, offshore northern Australia to Origin Energy Resources. MEO had actively sought an additional partner for WA…
Aminex has increased gas production from the Kiliwani North-1 well, offshore Tanzania. The well, drilled on the Kwiliwani North field from Songo Songo Island island, was brought on stream in April. It reached 30 MMcf/d boe at the weekend…
Northeast Scotland surface preparation and protective coatings Davidsons Blast Services (DBS) has completed a five-figure project on a unique well intervention system. DBS, which provides blast cleaning and application of protective coatings to the oil and gas…
Aberdeen-based floating production services firm Amplus Energy, has concluded a multi million pound deal to buy Aberdeen-based survey company Andrews Survey, from the administrators of the Harkand Group, which went into administration at the beginning of May…
Eni Congo has awarded Italian firm Rana an extensive underwater inspection, maintenance and repair campaign covering some 17 platforms. Rana has chartered the dive support vessel Toisa Paladin, which is now mobilizing in Ravenna, Italy…
The wind service operation vessel (SOV) for the Dutch Gemini project has been christened Windea la cour. The vessel is to set sail to start operations at the Gemini offshore wind power plant this summer. Siemens has supplied 150 wind turbines…
Norwegian Geotechnical Institute (NGI), an international center for geoscience research and consulting, and DONG Energy Wind Power signed a contract for the installation of 20 offshore wind turbine bucket foundations, called suction bucket jackets…
Rowan Companies is putting a jackup on stand by for Apache Corp., in addition to inking three rig extensions in the Gulf of Mexico, offshore Norway, and Saudi Arabia, according to the company’s latest fleet report. The Rowan Gorilla VII…
Quadrant Energy’s Outtrim East-1 well has suffered a 10-day delay due to drilling challenges, offshore Western Australia. According to partner Carnarvon Petroleum, the well reached the 12-1/4in hole section at a depth of 1011m, however…
Statoil has completed a deal, selling 15% stake of the Edvard Grieg field to Lundin Petroleum, which will now increase the Norwegian giant’s shareholding in Lundin to 20.1%. The transaction also included the divestment of associated pipeline…
Aibel in Singapore has been awarded a contract for modifications on Woodside Energy Nguijma-Yin floating production storage and offloading (FPSO) off Western Australia. The work will be so that the FPSO, which operates on the Vincent oil field…
KrisEnergy's CEO Keith Cameron is to retire. He will be replaced by Jeffery S. Macdonald, a non-executive independent director of the company since 2009. Kris Energy was founded in 2009, to focus on exploration in southeast Asia. Macdonald…
Ramboll recently signed a master service agreement (MSA) with Statoil to deliver multidisciplinary insights to the industry giant. The scope of work covers oil and gas, renewables / wind, power generation and transmission, civil engineering and environmental services…
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