Five companies have been awarded licenses covering 10 exploration blocks in the Adriatic Sea in Croatia's first licensing round. The round had offered 29 blocks in the eastern Adriatic Sea covering a total of 36,822sq km. Bids were received from six companies for 15 exploration areas…
Sealing technologies are absolutely vital in our industry. The life and productivity of a well depends on the reliability of the seals found in a wide range of downhole equipment, from the tubing and liner hangers that support the flow to surface…
Siem Offshore recently accepted delivery of its newbuild dual fuel PSV Siem Symphony from Hellesøy Verft Shipyard in Norway. The vessel is now at work in the Norwegian offshore market. Built to Wärtsilä’s VS 4411 DF design, Siem Symphony can be powered by either LNG or marine diesel oil…
The Statoil-operated, NOK 22.6 billion Valemon high-pressure, high-temperature, gas and condensate development in the Norwegian sector of the North Sea started first production yesterday (3 January). The Valemon field, containing an estimated 192 MMboe recoverable reserves…
Oil shows were found on the Jawkara-3 well in the Sfax Offshore Exploration Permit, off Tunisia, according to Norway-based oil and gas explorer DNO. Jawhara-3 well vertically drilled to a total depth of 2815m by DNO and state-run Entreprise Tunisienne d'Activités Pétrolière…
BW Offshore has signed a Letter of Intent for a two years extension for FPSO Abo with Nigerian Agip Exploration Limited, an affiliate of Eni, until Q4 2016, with options for additional seven years (until Q4 2023). The Abo field came onstream…
The Egyptian government has repaid a further US$350 million in outstanding debt to oil and gas firm BG Group. BG Group, one of a number of companies owed cash by the Egyptian government, says it is now owed US$920 million. In October…
Sarah Parker Musarra examines Israel’s Leviathan field’s potential and separates fact from misconception. The Tamar field, which was turned around from discovery into production in only four years…
As the offshore industry grows in complexity – in terms of projects and geographies – software is playing an increasing role in engineering, both to aid engineering and collaboration, as projects increase in complexity and diversity. Meg…
In October 2012 the International Association of Oil & Gas Producers (OGP) published Report 476 entitled “Recommendations for enhancements to well control training, examination and certification.” This report was produced as a result of the Macondo and Montara well control incidents…
It is possible to verify that the integrity of a well is robust by analyzing and comparing the reliability of its existing components with those in a reliability database. Engineers can compare new technology against that used in existing components…
GlobalData’s Adrian Lara sheds light on the kinds of deepwater projects expected to advance while the price of oil continues to fall. Engineers from Jumbo Maritime deliver 25 MOF caissons for the…
The giant Libra field has many challenges, sitting in Brazil’s deepwater pre-salt. Claudio Paschoa take a look at the development plans. The Libra prospect and the pre-salt region. Image from Mercopress…
The race has been on to create a mechanically-lined pipe that can be installed using reel-lay. Now it’s been done, and the method is taking off. Elaine Maslin provides an overview. BUTTING’s own-brand BuBi-Pipe in manufacturing…
The capability to benchmark the reliability of safety-critical well barrier components against a global component test database will enable oil and gas operators to optimize asset performance, Ged Lunt says. Optimizing asset performance…
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