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…
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 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…
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 landscape of risk will continue to change in 2015 for the offshore upstream sector. While new risks are expected to appear, many will remain familiar and consistent with recent years. Some of the biggest concerns are also likely to be eclipsed by potential opportunities…
With well data often scarce, many deep water Gulf of Mexico operators rely on the structural images and elastic properties derived from seismic when evaluating the probability of success and estimating reserves in prospective fields. Vincent Vieugue suggests this is not enough…
The year is 1975. OE's first cover. Jaws, The Godfather 2, Young Frankenstein, and Tommy are playing at movie theatres. Glen Campbell, David Bowie, and The Captain & Tennille are dominating the radio waves with Rhinestone Cowboy…
New age technologies block failures, and boost bottom line. Gregory Hale reports. Every minute counts these days. The right decisions hinge on responding to issues before they become big…
The shallow waters of the Persian Gulf, also known as the Arabian Gulf, belie the plethora of offshore infrastructure – new and old – in the Middle East. Elaine Maslin probes beneath the waves. In 2005…
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