Statoil is expanding its presence offshore Indonesia with a new awarded exploration license in which the company will operate and own 100%. The new license, the Aru Trough I, covers an area of about 8300sq km and is located near Statoil’s…
First production has started from the BG Group-operated Knarr field in the Norwegian sector of the North Sea. Knarr, discovered in 2008, with estimated gross recoverable reserves around 80 MMboe, is being produced from two subsea templates…
Norway's Statoil and its partners on production license 218 in the Norwegian Sea have made a gas discovery close to the Aasta Hansteen development. The Snefrid Nord discovery, estimated to contain 31-57 MMboe, will increase the Aasta…
Searcher Seismic and MAGE began the acquisition of the Echidna Regional Broadband 2D seismic survey, offshore Ireland. Map of Echidna Regional Broadband 2D seismic survey. From Searcher Seismic The…
Saudi Aramco awarded KBR, Inc. (NYSE: KBR) a six-year project management contract to provide project management services for Saudi Aramco’s offshore program. Under the terms of the contract, KBR will provide project management and engineering…
The Gulf of Mexico (GoM) lease sale 235 that will offer 41.2 million acres for exploration and development in the central planning area offshore Louisiana, Mississippi and Alabama begins tomorrow (18 March 2015). Secretary Jewell will…
National Ocean Industries Association (NOIA) President Randall Luthi issued the following statement in advance of tomorrow’s Gulf of Mexico offshore oil and gas lease sale: 'This sale will be interesting due to low oil prices, which just dropped further this week…
Helix Energy announced that effective 11 May 2015, Cliff Chamblee will retire after 36 years in the offshore services business and will resign as executive VP and COO. Also effective 11 May 2015, Scotty Sparks will be promoted to the position of executive VP-operations…
GE Oil & Gas announced the booking of an US$850 million order across its oil and gas business for the supply of equipment to the Offshore Cape Three Points (OCTP) block, Ghana. The OCTP block is located in offshore Ghana at a water depth of 500-1100 meters…
Across the oil and gas industry, life extension of assets and infrastructure is an increasingly important issue for operators as they look to balance the integrity, safety and productivity of the asset. To reflect the changing needs of the industry…
In this video, Eni shows the Goliat’s voyage from Korea to the Barents Sea. Eni’s operated cyclindrical floating production, storage and offloading (FPSO) platform was built in South Korea and is now operating in the Barents Sea…
Petroleum Technology Co. (PTC) launched a single-piece, unwelded side pocket mandrel (SPM) for the upstream oil and gas industry. The NexLift side pocket mandrel is machined from one solid steel bar. This design feature replaces SPM technology…
Singapore-based KrisEnergy began its drilling campaign in the Gulf of Thailand. The Key Gibraltar. From Shelf Drilling. The campaign is starting at the Rossukon-2 exploration well…
While Mozambique’s previous two oil and gas licensing rounds have had limited success, the country will be hoping that recent discoveries and its revised fiscal environment will create an investment boost during its latest bid round, says research and consulting firm GlobalData…
Archer began to permanently plug and abandon (P&A) 12 gas wells on Statoil’s Heimdal platform in the Norwegian North Sea using its newest rig. The Archer Topaz modular rig. Photo from Archer. The…
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