Statoil has decided to suspend Scarabeo 5 due to overcapacity in its rig portfolio. The suspension will take effect once Scarabeo 5 has completed drilling of a well on the Kristin field in the middle of August, and will last until 1 March 2016…
Golar LNG, national oil firm Societe Nationale de Hydrocarbures (SNH) and French independent Perenco have agreed the commercial terms for the Africa's first floating LNG (FLNG) project. The project will be the first FLNG export project…
UK national standards holder NEL is investing £1 million to create the UK’s only flow meter calibration facility capable of testing at significantly elevated pressures and temperatures. This new test loop will reduce oil and gas operators’…
Tullow Oil's TEN project offshore Ghana is ramping up towards offshore installation activities this month and is on budget and on track for first oil mid-2016, the firm said today. The TEN project, named after the Tweneboa, Enyenra and Ntomme fields it will develop…
Norway's Statoil has made a small discovery near the Gina Krog development project, according to the Norwegian Petroleum Directorate and pratner Det norske. Wildcat well 15/6-13 and appraisal wells 15/6-13 A and 15/6-13 B were drilled…
Carbon capture and storage (CCS) projects need to demonstrate, through monitoring, that the injected CO2 is contained within the geological store during and after injection and no unexpected migration has occurred. In order to achieve this…
As decommissioning begins in earnest in the UK North Sea, the real cost of decommissioning is starting to be seen. Elaine Maslin reports on a study conducted to assess the increasing costs. The…
Medical technology has been taken to the bottom of deepwater Gulf of Mexico to help operators understand their flow assurance and asset integrity issues. Elaine Maslin explains a technology first. Discovery deployed…
As the oil and gas industry reacts to the continued downturn in prices, even the seismic vessels market is taking great pains to trim the fleet and stay competitive. Elaine Maslin surveys the market. GC Rieber delivered the Polar Empress…
Three firms have joined forces to lighten the load of offshore heavy lifting game. Elaine Maslin found out more. DeepTek drum winch, with 150m test length of LankoDeep AHC rope, installed on Jebsen and Jessen 110-tonne knuckle boom crane…
Within the next few years, a couple of major decommissioning projects are set to start in the UK sector of the North Sea at the Brent and Murchison fields — and there are plenty of other projects in the pipeline. John Bradbury outlines the activity…
Norway’s Standlifter has developed a decommissioning jackup concept. The concept, shown during Norway’s Subsea Valley conference in April, is a jackup equipped for plugging and abandonment (P&A) and decommissioning operations in up to 300ft water depth…
For offshore field development planners, the selection between wet or dry tree completion systems represents a key planning decision. Granherne compares the two and Jeannie Stell captures the details. Robert…
Improved ways to gather and interpret geophysical data were highlighted at OTC. Bruce Nichols reports. Rocky Roden, consulting geophysicist for Geophysical Insights, showed an OTC session how to…
There has been much uncertainty in recent years around the tax relief available to companies as part of the decommissioning process, as a result of a constantly changing UK tax regime. Oil and gas companies have commonly been required…
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