Marginal Field Development Company News

 

Scrap Heap Challenge for Marginal Fields

Feb 12, 2020

Succeeding with marginal developments was a central topic to an entire afternoon session and yesterday’s Subsea Expo event in Aberdeen.Led by the Oil and Gas Authority (OGA), it was a session with some genuinely new ideas and open minds on show…

Pearson to Lead National Subsea Center

Feb 11, 2020

Robert Gordon University (RGU) has appointed Chris Pearson as Director for the National Subsea Center (NSC), tasked with leading the center’s research and development to tackle subsea engineering challenges.Pearson will take up the new post…

$4.2 Billion Indian Spending Spree Ahead

Feb 11, 2020

Projects worth $4.2 billion in capital expenditure (capex) are expected to get underwater offshore India this year and next, an event in Aberdeen this morning was told.The projects, across India’s Krishna Godavari (KG) Basin in the Bay of Bengal…

Equinor's Johan Castberg director moves to OKEA

Jan 13, 2020

Norway's OKEA has appointed Knut Gjertsen as a new SVP Project and Technology.The Oslo-listed oil firm said Monday that Gjertsen was joining from the position as Project Director for Johan Castberg in Equinor. Johan Castberg is Equinor's oilfield development in the Barents Sea…

Marginal Fields, Global Opportunity

Dec 25, 2019

Unlocking marginal fields in the UK North Sea has led to a project comparing a global database of fields, discoveries and prospects, to clarify strategy for license holders and the supply chain alike in petroleum basins.In 2015, a project was…

From Marginal to Major

Dec 19, 2019

It’s not your typical marginal field — centered on a concrete gravity-based structure (GBS) that once boasted production records — but Draugen in the Norwegian Sea had become “immaterial” to Shell. When it first delivered oil in 1993, Norwegians looked forward to the spoils in 1…

West of Shetlands Ups Offshore Production

Nov 07, 2019

West of Shetland production likely to overtake North Sea for Shell and BP’s UK portfolios by 2020, said a report.Over the last four years oil and gas production in the West of Shetlands has risen and with that, a growing relevance for the biggest…

Amplus Awarded Contract in Angola

Aug 07, 2019

Floating production solutions specialist Amplus Energy Services announced on Wednesday that it has been awarded a multimillion-dollar contract to reevaluate the development of marginal fields in Angola with the aim to form economically viable…

Moving Water Treatment Subsea

Jun 25, 2019

Verification of the Seabox ability to treat water for increased oil recoveryUnlocking full oil recovery potential is key for operators and a determining factor for field developments. Maximizing recovery rates is even more important in the current environment…

Angola Could Reap from New Policy Regime

Jun 06, 2019

Angola, sub-Saharan Africa’s second largest oil producer after Nigeria, is optimistic the new fiscal and regulatory regime now in place would translate into a reversal of the country’s declining oil output and attract more private investment…

Case Study: iEPCI at Karish

Apr 25, 2019

An integrated approach to subsea services is the driving force behind a major project being performed by UK-based TechnipFMC at the deepwater Karish field, offshore Israel, in the Mediterranean Sea.The integrated engineering, procurement, construction…

Sonangol Gets Ready to Compete

Mar 28, 2019

Angola's national oil company Sonangol has recently taken possession of the first of its two drillships built by a Korean shipyard firm, signaling the start of the implementation of its regeneration program that include investment in deep and ultra deep water drilling and offshore marginal areas…

MFDevCo Partners with Siemens

Feb 12, 2019

Marginal Field Development Company (MFDevCo) announced Tuesday it has entered into a collaboration agreement with Siemens’ Dresser-Rand business in support of its gas to wire initiative for the development of marginal gas fields.Siemens becomes the second company…

MFDevCo Enters Collaboration with Marnavi Offshore

Jan 27, 2019

London-listed Nu-Oil and Gas' 50%-owned joint venture, Marginal Field Development Company (MFDevCo), has entered into a strategic collaboration agreement with Marnavi Offshore, including its subsidiary Next Geosolutions.Marnavi was joining MFDevCo…

New Valve Tech for Steam Flooding

Jan 17, 2019

New technology for offshore steam-flooding has taken its next step toward North Sea reality. Aberdeen-based oil and gas production technology business Pragma Well Technology said a successful feasibility study has led to a green light from Pharis…

Current News

Chartwell Marine to Design CTV for NR Marine Services

Chartwell Marine to Design CTV

Equinor Selects Baker Hughes for P&A Ops at Oseberg East Field

Equinor Selects Baker Hughes f

Poland to Open 4GW Offshore Wind Auction in December

Poland to Open 4GW Offshore Wi

North Sea Operator Picks OEG for Offshore Helifuel Services

North Sea Operator Picks OEG f

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