Latest News - page 1676

 

Video: Statoil starts Mariner drilling

Dec 02, 2016

Norwegian giant Statoil has started drilling at its Mariner field in the UK North Sea using the world’s largest jackup, with a target for first oil set for 2018. Image of the Mariner topsides at DSME…

Renco to spud Indonesian well

Dec 02, 2016

Renco Elang Energy is set to spud the Amanah Timur-1 exploration well in the South Block A PSC, in the North Sumatra basin of Indonesia. Assuming satisfactory rig inspection by government officials, the well is currently scheduled to spud on 5 December…

Aker BP completes merger integration

Dec 02, 2016

Aker BP has completed the integration after the merger between Det norske oljeselskap and BP Norway. Aker BP now operates as one organization with considerable ambitions on the Norwegian Continental Shelf. “Aker BP has been through extensive integration work since we announced the merger…

Open water abandonment

Dec 01, 2016

Audrey Leon speaks with Helix Energy Solutions Group’s David Carr about a new system from the Subsea Services Alliance, which seeks to safely drive down the cost of well abandonment operations in open waters. Helix…

CGG releases HampsonRussell update

Dec 01, 2016

CGG GeoSoftware has released a new version of its HampsonRussell reservoir characterization software, with new features for attribute extraction and prediction along horizontal wells, as well as upgraded geostatistical mapping capabilities…

AGSL appoints UK business development manager

Dec 01, 2016

Asset Guardian Solutions Ltd. (AGSL), which specializes in managing and protecting companies’ “hidden assets” such as process critical software, has appointed Mark Steel to the position of business development manager for the UK.  The…

Siemens US CEO steps down

Dec 01, 2016

Siemens US CEO, Eric Spiegel will leave the company at the end of the year at age 59. Spiegel will be replaced by Judith Marks, effective 1 January 2017. In addition, Lisa Davis has been appointed chair and CEO of Siemens Corp., effective the same date…

Video: BP sanctions Mad Dog 2 in GoM

Dec 01, 2016

BP has sanctioned the US$9 billion Mad Dog Phase 2 project in the Gulf of Mexico, with first production set to start in late-2021. Illustration of Mad Dog 2, from BP. The UK supermajor’s…

India in US$20 billion deepwater investment

Dec 01, 2016

India plans to invest US$20 billion in deepwater natural gas development in the next five to seven years, the country’s Oil Minister Dharmendra Pradhan said this week, according to news reports. Image from India's Ministry of Petroleum and Natural Gas…

Shell buys Centrica T&T assets

Dec 01, 2016

Centrica plc entered a deal to sell its entire portfolio of gas assets in Trinidad and Tobago to Shell E&P for an initial cash consideration of US$30 million (£24 million). The assets consist of a 17.3% interest in the producing NCMA…

Hyperdynamics inks drillship for Guinea

Dec 01, 2016

Hyperdynamics Corp. has signed drilling contract with Pacific Drilling for the Pacific Bora drillship for drilling offshore Guinea in Q2 2017. The Pacific Bora is currently located in West Africa, has just finished a contract for a major American exploration and production company…

Cooking with gas

Dec 01, 2016

John Sheehan reports from French cables group Nexans’ technology round table, and finds how the firm is staying afloat during the downturn. Nexans’ Skagerrak installation vessel. Photo from Nexans…

Troubling trends

Dec 01, 2016

For the offshore oilfield equipment and services industries, 2016 was a difficult year. Douglas Westwood’s Joel Hancock looks forward to see if there is a light at the end of the tunnel. The Maersk…

Wireless wells 

Dec 01, 2016

For the first time, wireless technology has been used downhole on a subsea well. John Sheehan speaks with FMC Technologies to learn more. Communicating beneath the waves.  Images from FMC Technologies…

Mighty Murchison – End of an era

Dec 01, 2016

After more than three decades’ production, the mighty Murchison platform was finally down-manned this year. Work to dismantle the 25,000-tonne topsides is ongoing. Elaine Maslin reports. CNR International’s…

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