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BP awards Saipem Tangguh LNG EPCI contract

Jul 27, 2016

BP, operator of the Tangguh LNG (liquified natural gas) project, awarded Saipem a contract for offshore work related to the Tangguh LNG Expansion Project. The award is for the engineering, procurement, construction and installation of offshore facilities…

Luck of the Irish

Jul 27, 2016

The Eirik Raude semisubmersible was used to drill ExxonMobil’s 2013 Dunquin well. With the entry of major operators, could the time finally be ripe for the Irish Offshore? Elaine Maslin reports…

OpenHydro supply tidal turbine to Japan

Jul 27, 2016

TIdal turbine maker OpenHydro, a DCNS company, is part of a consortium which has been selected by the Japanese Ministry of the Environment to supply a tidal turbine system for installation at Naru Strait, Goto City, Nagasaki Prefecture. The consortium includes Kyuden Mirai Energy Co…

Change needed to implement intelligent energy in oil and gas

Jul 27, 2016

The opportunities around implementing intelligent energy (IE) technologies are quite vast and the potential just as significant for the oil and gas industry. But, commercial and business models are not necessarily aligned to adopting IE…

Oil majors bid for Cyprus blocks

Jul 27, 2016

Oil majors Statoil, Eni, Total and ExxonMobil have submitted rival bids for three exploration blocks offshore Cyprus in the country's 3rd Licensing Round.  Three blocks - 6, 8 and 10 - in the Mediterranean Sea were put on offer, with six applications made…

Statoil makes gas condensate and oil discovery

Jul 27, 2016

Norway's Statoil has made a gas condensate and oil discovery southwest of the Oseberg Sør facility in the North Sea, according to the Norwegian Petroleum Directorate (NPD).  The discovery, in production license 035/272, was made through the wildcat wells 30/11-14 and 30/11-14 B…

BSEE issues casing jack safety alert

Jul 27, 2016

The US Bureau of Safety and Environmental Enforcement (BSEE) has issued recommendations for safety measures developed from the investigations into two offshore incidents involving the use of hydraulic casing jacks, where one incident resulted in a fatality…

McDermott, Nakilat-Keppel agree Qatar MOU

Jul 27, 2016

McDermott International and Nakilat-Keppel Offshore Marine (N-KOM) have signed a memorandum of understanding for an exclusive cooperation agreement to pursue offshore engineering, procurement, construction and installation (EPCI) projects within Qatari waters…

TEN nears first oil

Jul 27, 2016

Independent explorer Tullow Oil has returned to a profit and is looking forward to first production on its TEN project offshore Ghana next month, on schedule, and focusing its exploration efforts on South America. TEN, a floating production…

Claxton inks Statoil abandonment contract

Jul 27, 2016

Claxton, an Acteon company, has been awarded a contract with Statoil to provide 'rigless recovery' of seven abandoned wells on the Huldra platform, located in the Norwegian Continental Shelf.  Work is due to start in December 2016 and complete within 21 days…

Large producible hydrates found off India

Jul 27, 2016

Large, highly enriched accumulations of natural gas hydrates have been discovered in the Bay of Bengal, India, according to the US Geological Survey (USGS). It is the first discovery of its kind in the Indian Ocean that has the potential to be producible…

Technip bags Greater Enfield EPC work

Jul 27, 2016

Technip has won am engineering, procurement, installation and pre-commissioning contract from Australia's Woodside for the Greater Enfield Project. Greater Enfield is 60km off Exmouth in Western Australia in 340-850m water depth. The…

OGA launches 29th UKCS licensing round

Jul 27, 2016

The UK's offhsore regulator, the Oil and Gas Authority (OGA), has launched the 29th Offshore Licensing Round, with more than 1200 blocks on offer. The latest round has been set out to support the OGA’s objective of maximizing economic recovery…

Schlumberger, Golar form OneLNG JV

Jul 26, 2016

Golar LNG and Schlumberger have formed a new joint venture, OneLNG, to rapidly develop low cost gas reserves to LNG. The combination of Schlumberger reservoir knowledge, wellbore technologies and production management capabilities…

Reducing investment comes at a cost

Jul 26, 2016

Oil firms have shown a strong 'survival' reflex, achieving cash flow neutrality at US$50/bbl, but it's at the cost of investment and will damage growth, according to analysis by Wood Mackenzie.  The firm says 56 companies covered in its…

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