DNV GL has established a joint industry project (JIP) to develop a risk-based maintenance methodology with the aim to deliver more effective and cost-efficient blowout preventers (BOP) maintenance. The maintenance of BOPs has significant financial…
Schlumberger has picked up this year's ONS innovation award for GeoSphere, its reservoir mapping while drilling service. The ONS SME innovation award went to Fishbones for its stimulation system and Tore Halvorsen, FMC Technologies' senior vice president responsible for global subsea…
Greece-based exploration firm Energean Oil & Gas has launched a US$225 million investment program to develop 30MMbbl of reserves in North West Greece and to increase production from the Prinos, Prinos North and Epsilon fields to 10,000bbl/day by 2016…
BG Group says the results of a second drill-stem test (DST) on the Mzia discovery in Block 1, offshore southern Tanzania, has provided further support for a hub development to supply an onshore LNG project. The DST in a side-track on the Mzia-3 appraisal well…
Aker Solutions, with a total of 51 contracts, is leading the field on contracts won on the UK Continental Shelf (UKS) and Norwegian Continental Shelf (NCS) over the past four years, according to the latest report from the Energy Industry Council (EIC)…
Petrobras and Foro Energy signed a technology cooperation agreement (TCA) for high power laser drilling research and development. The program with the Leopoldo Americo Miguez de Mello Research & Development Center (CENPES) will focus on developing…
The Aasta Hansteen project, one of biggest and most complex industrial projects in Europe, is on schedule to begin production in 3Q 2017, says Statoil. Statoil, which made a presentation about the project at ONS, in Stavanger, this week…
Martin Landro won the Norwegian Petroleum Directorate’s (NPD) IOR award for his work on developing 4D seismic for mapping, production management and monitoring of reservoirs. Landro is a geophysics professor at the Norwegian University of Science and Technology…
Statoil awarded Nordic Maritime a contract for its newest DP2 vessel, Mokul Nordic in the North Sea. The 30-day contract has an optional 15-day charter. Mokul Nordicis a DP2 VS470 MKIII subsea service vessel capable of ROV and inspection…
OMV New Zealand will plug and abandon its Whio-1 well in the Southern Taranaki basin offshore New Zealand as a dry hole, announced partner Horizon Oil on 26 August 2014. The semisubmersible drilling rig Kan Tan IV drilled the Whio-1 well…
ONS, Stavanger: The world’s need for energy is driving interest in further industrial activity in the Arctic, yet the region’s conditions are highly variable depending on the type of activity, location and time of year. This creates a complex risk picture…
ABB says they’ve launched the world´s most powerful underground and subsea power transmission cable system. ABB has developed and tested an extruded cable 525 kilovolt (kV) high-voltage direct current (HVDC) transmission system to…
Shell made a gas discovery at the deepwater Majoram-1 well 180km off the Malaysia coast. The Marjoram-1 well is located in Block SK318, in 800m of water. Shell says the addition of new natural gas resources this year ensures the company is able to continue to provide cost-effective…
Lagos-based Star Deep Water Petroleum signed a contract extension for Pacific Drilling’s Pacific Bora. The Pacific Bora is currently drilling offshore Nigeria. The contract extension increases the drillship’s backlog by approximately US$439 million…
A UK-based energy expert has called for the Norwegian and UK governments to agree a united regulatory regime to enable better standardization efforts around the North Sea. Philip Lambert, CEO at Lambert Energy (right), said there should be a pan-North Sea effort at standardization…
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