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Oil industry reacts to Colombia's proposed tax reform

Oct 06, 2014

Colombia’s oil industry has railed against a proposed tax reform presented on Saturday to the country’s congress, Reuters reported. The proposed regime aims to raise $53 trillion Colombian pesos (just over US$26 billion) from 2015-2019. Image…

ONS Innovation Awards

Oct 06, 2014

Three ONS innovation awards were presented by Norwegian energy minister Tord Lien at this year’s ONS exhibition and conference, held in Stavanger in late August. Norwegian Energy Minister Tord…

Faces of the Industry: Angela Cring

Oct 06, 2014

October’s Faces of the Industry profiles a leader who is expanding the footprint of LAGCOE (Louisiana Gulf Coast Oil Exposition). Angela Cring, executive director of LAGCOE, is leading the organization into its next chapter and broadening its reach beyond the show itself…

Leaving an imprint on the industry

Oct 06, 2014

Barry Calnan, 3D printing manager for Houston-based 3d-Printing Solutions, has always seen things differently. Barry Calnan “As an engineering designer, keeping an open mind has been my best tool…

On the horizon

Oct 06, 2014

Alan Thorpe examines the latest offshore construction vessels to enter the market. The two Island Offshore vessels in Lloyd Werft. Photo by Alan Thorpe. This Spring, Norway’s…

Paenal shipyard takes shape

Oct 06, 2014

SBM Offshore’s Paula Farquharson-Blengino provides an inside look at the company’s Angola shipyard, a joint venture between partners Sonangol and DSME. Paenal is the first yard in West Africa with the capacity to facilitate mega FPSO vessels…

Efficiency on a daily basis

Oct 06, 2014

Technology is there for companies to use and take advantage of, but is it being used as much as it could be to gain insight into operations. Gregory Hale takes a look. With the digital oilfield…

EMGS gets Malaysian work

Oct 06, 2014

Electromagnetic Geoservices ASA (EMGS) received a US$6.8 million letter of intent (LOI) for 3D EM data acquisition in Malaysia. The BOA Thalassa. From BOA. The BOA Thalassa vessel will conduct the survey…

Faroe takes step into Irish offshore

Oct 06, 2014

Faroe Petroleum has made its first move into the Irish offshore by picking up three new, two-year Licensing Options (14/1, 14/2 and 14/3) on the southern margin of the North Celtic Sea basin.  A work program, agreed with Irish authorities…

Sevan suffers utilization rate drop

Oct 06, 2014

Sevan Drilling and Cosco (Qidong) Offshore have agreed to extend a standstill agreement over the building of the deepwater, cylindrical drillship Sevan Developer to 4Q. The move, which follows an initial standstill agreement, made on September 22…

Can Nigeria secure its golden geese?

Oct 06, 2014

Since the first successful oil well was drilled by Shell-BP in 1956 at Oloibiri, Nigeria has acclaimed the status of Africa’s largest oil producer and the sixth largest in the world. However, the Nigerian oil and gas industry has been engulfed in challenges with few success stories…

Centrica spuds Ivory well

Oct 06, 2014

Centrica Energy's Norwegian outfit has started drilling on the Ivory prospect in production license 528 in the Norwegian Sea, according to partners Rocksource and Atlantic Petroleum, Exploration well 6707/10-3 S is being drilled using the West Navigator drillship…

2015 OAA awards open

Oct 06, 2014

The 2015 Offshore Achievement Awards (OAAs) have opened for entries today, with a new category added to recognize investment into the future talent of the energy industry. The prestigious awards, which are organised and hosted by the…

BG confirms Egyptian payment

Oct 06, 2014

BG Group has confirmed it has received a US$350 million debt repayment from the Egyptian government, reducing BG Group's domestic receivables balance in Egypt to around $1.2 billion.  Egypt announced Friday it had paid off $1.5 billion of its debt to foreign oil and gas companies…

Upstream prospects stay bright for West Africa

Oct 03, 2014

N. Foster Mellen analyzes West African transactional activity and drilling rig data, which indicates a promising future for the region. Continuing strong upstream transaction activity in West Africa bodes well for the oil and gas industry…

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