Statoil delivered its application for the 23rd licensing round on the Norwegian continental shelf to the Norwegian authorities. Map of the 23rd licensing round, from Statoil. It…
Anadarko and Eni inked a unitization and unit operating agreement (UUOA) to develop 24 Tcf of natural gas reserves from two blocks offshore Mozambique. Image of Mozambique operations, from Anadarko…
Fluid engineering firm BHR Group has launched a commercially available, open-access downhole test facility, based in Cranfield, UK. The onshore facility is the first of its kind in the UK, providing an easily-accessible, secure, flexible…
Shell's US$70 million BG Group merger deal has finally been approved by the Australia's Foreign Investment Review Board. The move had been delayed from mid-September to November by the Australian Australian Competition and Consumer Commission…
Houston-based Marathon Oil's Solomon exploration well in the US Gulf of Mexico has been plugged and abandoned after not encountering its lower tertiary target interval. The well reached its total depth of approximately 34,600ft on Walker Ridge Block 225…
Providence Resources has agreed an option with Petronas subsidiary PSE Kinsale Energy to take a stake in the southern portion of Offshore Petroleum Lease 1 (OPL 1) adjacent to the Barryroe oil field in the North Celtic Sea Basin. Under the terms of the option…
Image from iStock. African Petroleum's wholly-owned subsidiary European Hydrocarbons Ltd. (EHL) entered into the first extension period on the SL-03 license, offshore Sierra Leone. The…
Image: AVEVA Everything 3D 2.1 /AVEVA AVEVA announced the commercial launch of AVEVA Everything3D 2.1 (AVEVA E3D). The software is designed to increase productivity for EPCs and owner operators…
Image: David Henderson/ Seanamic Seanamic has appointed David Henderson as business development manager responsible for growing the company’s profile in the supply of integrated surface to seabed systems for offshore applications…
Image: MORGRIP mechanical connector/Hydratight Hydratight has won a pipeline connector order from Subsea 7 to support their Emergency Pipeline Repair System (EPRS) project in Australia…
North Energy has signed a sale and purchase agreement with Lime Petroleum Norway, whereby North Energy sells its 10% interest in production license (PL) 707 to Lime. This transaction forms part of North Energy's current strategic process…
Schlumberger has decided to “right size” its organization with another round of job cuts this quarter that will see the oil services giant incur an estimated restructuring charge of about US$350 million. Schorn…
Marathon Oil subsidiary Marathon Equatorial Guinea Production Ltd. (MEGPL) will soon receive delivery of the Alba B3 compression platform at the Abla gas and condensate field offshore Central Africa, as the platform left Heerema Fabrication Group’s (HFG) yard off Europe this week…
Polarcus recently completed its first commercial project offshore Australia utilizing the revolutionary XArray in a five source configuration known as Penta source. With XArray Penta source we are achieving unparalleled data density at 6…
Gregory Hale discusses how operators can get more out of their current assets, and add more to the bottom line. All images from Honeywell. Systems on a platform floating in the…