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Statoil inks future energy solution pact

Oct 01, 2015

The Norwegian University of Science and Technology (NTNU) and Statoil signed an agreement on research funding for future energy solutions. Statoil CEO Eldar Sætre (left) and NTNU Rector Gunnar Bovim…

Doing it for the kids

Oct 01, 2015

The theme of this year’s SPE Offshore Europe is inspiring the next generation, and the event’s opening plenary showed how a few notable figures set foot on their STEM career paths. Audrey Leon reports. Opening…

Cameroon GoFLNG gets final approval

Sep 30, 2015

Golar LNG’s Cameroon floating liquefied natural gas (FLNG) has a start date of 2Q 2017 offshore Africa, after receiving final approval by all parties of the Gas Convention. Image from Golar LNG…

Searcher completes Barents Sea seismic

Sep 30, 2015

Image: silver-eye/Searcher Seismic Searcher Seismic announced that the acquisition of the Silver-Eye 3D seismic survey in the Hammerfest Basin, Norwegian Barents Sea is now complete. The…

Orgneftekhim standardizes AVEVA software

Sep 30, 2015

AVEVA announced that Orgneftekhim Holding, the parent company for a number of Russian engineering institutes and construction and procurement companies, has standardized on AVEVA Everything3D (AVEVA E3D) for all engineering and design projects…

Amec Foster Wheeler expands UAE operations

Sep 30, 2015

Image: Garry Dryburgh, Amec Foster Wheeler’s president for the Middle East and Africa with engineering manager Bindu Satheesh at the opening of the company’s new office in Abu Dhabi/Amec Foster Wheeler Amec…

African Petroleum announces new CEO

Sep 30, 2015

African Petroleum Corp. has appointed Jens Pace as CEO after Stuart Lake, now former CEO and executive director, is stepping down with immediate effect for health reasons. Pace currently serves as chief operating officer, and will assume the position of CEO…

Oceaneering wins vessel contract off India

Sep 30, 2015

Oceaneering International announced that its subsidiary Oceaneering International GmbH has entered into a two-year, subsea field support vessel services agreement with an oil and gas company in India for use of the Island Pride. Anticipated…

ACTE15: Houston, we have a problem

Sep 30, 2015

It’s no secret that the current state of the oil and gas industry is one of doom and gloom. And before a solution can be found, the industry must first admit there is a problem. “I think what we’re seeing is really a confluence of two major factors…

Mexico's Round One, phase two "a success"

Sep 30, 2015

Nine bidders made up of individual companies and consortia bid in Mexico’s Round One, phase two today (30 September), in what Mexico's National Hydrocarbons Commission (CNH) is calling a success with three out of five winning bids in the shallow water areas of the Southeast basin…

GlobalData: Sanctions could lead to restructuring of Russian oil, gas sectors

Sep 30, 2015

While Russia is continuing to pump crude oil at record levels, producing on average 10.685 MMb/d in 2015, the continuous pressure from US/EU sanctions is having an impact on the strategic course of Russian oil and gas industry, says an analyst with research and consulting firm GlobalData…

Lundin hits more oil at Alta

Sep 30, 2015

Lundin Norway encountered oil at two appraisal wells at the Alta discovery in the Barents Sea that proved important for the eastern flank Alta, and will result in further exploration in the area.    Map of the appraisal wells…

Shell Malaysia to lay off 1300

Sep 29, 2015

Shell Malaysia announced it will lay off 1300 out of 6500 positions in its upstream division over the next two years. Gumusut-Kakap. Image from Shell. It is part of the company’s…

Shell to explore Black Sea

Sep 29, 2015

The Bulgarian Ministry of Energy awarded Shell E&P a permit for deepwater exploration of oil and natural gas in Blocks 1-14 Silistar in the Black Sea, according to Energy Minister Temenuzhka Petkova. Image from Shell…

Rex to rescue Lime

Sep 29, 2015

Rex International (RII) entered into a subscription agreement with Lime Petroleum Norway (LPN) for about US$11.72 million (NOK 100 million) as capital injection for Lime’s drilling program obligations. Image from Rex…

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