Increasing construction and installation activity globally is driving a demand for fabrication and manufacturing capabilities. With its shipbuilding and petrochemical heritage, northeast England is rising to meet the challenge. From a cluster of towns centering on Newcastle…
Kosmos Energy has entered into three farm-out agreements with BP plc covering three blocks in the Agadir Basin, offshore Morocco. Under the agreement, BP will pick up 30% non-operating interest in Essaouira, 26.325% in Foum Assaka, and 45% in Tarhazoute…
According to the US National Weather Service, lightning strikes occur worldwide as often as 100 times per second. Not only are lightning strikes more frequent than many people realize, but they are highly unpredictable and can cause great damage…
India’s ONGC Videsh Ltd. (OVL) acquired a 12% interest in Parque das Conchas (Block BC-10), located in the Campos Basin offshore Brazil’s southeastern coast. Production from the second development phase began earlier this month. Block BC-10 includes four offshore deepwater fields - Ostra…
Production has begun on RWE Dea UK's Breagh gas field in the UK Southern North Sea, the German operator announced on October 14 2013. The first three wells brought into production had an initial total flow rate of 2.75 MMcm/d of natural gas…
The Norwegian Petroleum Directorate (NPD) released a report appraising five field developments on the Norwegian Continental Shelf with investments exceeding NOK 10 billion (approximately US$1.7 billion). The report examines five fields on the Norwegian Continental Shelf (NCS) – Skarv…
More than 6,000 of the world’s most prominent energy leaders will gathered October 13 in Daegu, South Korea for the first day of the 22nd World Energy Congress (WEC). This year's theme is: 'Secure tomorrow's energy today.' Held every three years…
Sembcorp has completed the first phase of its state-of-the-art shipyard on Singapore’s west coast, Nina Rach reports. Sembcorp Marine celebrates its 50th anniversary in 2013, and continues to expand and upgrade its facilities, laying the foundation for long-term…
J. Michael Yeager, the former head of BHP Billiton Ltd. (BHP's oil and gas division), was named CEO of Maverick Drilling & Exploration Ltd., an explorer based in Australia and focused on the U.S. Don Henrich will retire as Maverick’s…
Wellhead fatigue is acknowledged as a technical challenge in the oil and gas industry. In an effort to advance industry capabilities and better inform operational decisions, BP is developing a system for instrumentation and data interpretation…
Houston-based LLOG Exploration Offshore L.L.C. awarded Technip a substantial contract for the development of the Delta House field, located in the Mississippi Canyon area of the U.S. Gulf of Mexico (GOM). The contract covers the project management…
Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), announced the completion of wildcat well 6608/2-1S. The well was drilled in PL330 about 60km east-southeast of the Aasta Hansteen gas field in the Norwegian Sea…
The Canadian province of British Columbia released a comprehensive study assessing current marine-spill preparedness and response capabilities on 10 October 2013. The study also outlines necessary improvements to achieve a world-class system to ensure B…
On 27 Sept 2013, Malaysia's Petroliam Nasional Berhad (Petronas) announced the award of a new Engineering, Procurement, Construction, Installation, and Commissioning (EPCIC) contract to a joint venture between France's Technip and Malaysia Marine and Heavy Engineering Sdn Bhd…
The Caspian Sea is a land-locked interior basin with established oil and gas production that has seen increasing activity since the bordering nations gained independence from the former USSR in the late 1990s. Five nations surround the sea: Russia…
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