Houston-based oil, gas and water specialist ProSep has launched an Industry Technology Facilitator (ITF) joint industry project (JIP) with Qatar Petroleum and Petroleum Development Oman. The 12-month project, which started in December 2014…
A joint industry project (JIP) has been launched between Swagelining, Saudi Aramco and The Welding Institute (TWI) to conduct investigations into the use of polymer lining in carbon steel pipelines. The JIP will examine the extent of…
Aker Solutions has delivered the key subsea component for the system being developed by Marine Well Containment Company to limit environmental risks from oil and gas production in the US Gulf of Mexico. The Subsea Containment Assembly…
TGS is to extend its Declaration Multi-WAZ (wide azimuth) Survey in the Mississippi Canyon and DeSoto Canyon protraction areas of the central US Gulf of Mexico. The extension represents a minimum 2000sq km of additional data to be acquired…
Norway's Petroleum Safety Authority has launched an investigation into a hydrocarbon leak on Statoil's high-pressure, high-temperature Gudrun field in the Norwegian sector of the North Sea which happened yesterday (18 February). Production…
Royal IHC (IHC) has joined forces with Tompkins UK – the parent company of Modus Seabed Intervention – to enter the deep and ultra-deep water, oil and gas geotechnical survey and site investigation market under the banner of TI Geosciences…
Talisman Energy shareholders approved Spain’s Repsol to take over the Canadian company for an estimated US$8.3 billion. Image from Repsol. In an overwhelming vote of more than 99%…
Technip CEO and chairman Thierry Pilenko says the headwinds facing the industry, both before and following the oil price collapse imply a 'prolonged, harsh slowdown' in many parts of the oil and gas industry. Pilenko, outlining the firm's 2014 results…
Lime Petroleum Norway is to acquire an additional 20% in production licenses (PL) 591, 591B and 591C in the Norwegian Sea from Tullow Oil, increasing its holding in each to 25%. The licenses are operated by Tullow and an exploration well…
MEO Australia is eying drilling on its Beehive oil prospect after an international exploration company executed an option which will allow it to farm-in to any of MEO Australia's WA-488-P, AC/P50 and AC/P51 permits off northwestern Australia…
Consent has been awarded for what will be the largest offshore wind farm in the world, offshore the UK. The Dogger Bank Creyke Beck development, to be operated by the Forewind consortium, is to be created out of two wind 1.2GW farms, each with 200 wind turbines…
Mexican officials, including the executive director of the Agencia de Seguridad Energia y Ambiente (ASEA), recently outlined Mexico’s reform efforts and highlighted issues on which the country is working including Transboundary field development…
Heriot-Watt University in Edinburgh, Scotland, is setting up a new center for energy economics research and policy with funding of US$1.9 million over three years from BP. The center will be involved primarily in providing the detailed…
Teekay Offshore provides a look at their newest first floating accommodation vessel, the Arendal Spirit, during its sea trials. Teekay took delivery of the vessel from Cosco's Nantong yard just this week. The Arendal Spirit is…
Mexican state oil company, Petróleos Mexicanos (PEMEX) is being forced to decrease its budget by US$4 billion, representing an 11.5% decrease from last year, in order to maintain financial balance due to falling oil prices. Image of Lozoya…