Just spin it the right way, and digital technol- ogy-working with standardized infrastructure, sprinkled with new age seismic sensors, analytics and algorithms - produces Big Data which transforms workflows, improves collaboration and enhances production and profit…
The topside destined for the Valemon field offshore Norway was loaded onto the heavy transport vessel Dockwise Triumph at Samsung Heavy Industries in South Korea, on 1 June 2014. The 216.75m-long vessel left the Geoje yard on the morning of 15 June…
Statoil’s Valemon oil field is located 160km west of the Norwegian coast and is one of the international energy company’s largest development projects. The site contains recoverable reserves of 26 billion cu. m of gas and five million cu…
Awareness is a very big word circulating around the industry these days. Awareness about automation. Things like Big Data. More awareness about safety. And a new-found enlightenment about security. With all the changes, and fears, this awareness brings…
More than 500 industry professionals came together for the sparkling 28th Offshore Achievement Awards ceremony in Aberdeen, 20 March. The Society of Petroleum Engineers (SPE) Aberdeen Section organized and hosted the awards, known as “the indus- try Oscars” and supported by Offshore Engineer…
As the PESGB reaches 50, 2014 President Oonagh Werngren takes stock of the North Sea oil & gas industry. At the start of 2014, I was fortunate enough to take up the reins as president of the Petroleum Exploration Society of Great Britain (PESGB)…
ConocoPhillips has started commissioning work on the Eldfisk 2/7 S facility following the installation of the topsides. The two modules that make up the Eldfisk 2/7 S topsides were transported from Kværner’s yard on Stord, Norway…
UK-based exploration firm Faroe Petroleum raised has £65 million in a stock market placing, which had hoped to raised £45 million. The firm, focused on Norway, the Atlantic Margin, and the North Sea, the cash will be used to pursue…
UK-based operator EnQuest has agreed to acquire ExxonMobil Exploration and Production Malaysia’s interest in the Seligi oil field and the PM8 PSC, offshore Malaysia, subject to approval by Petronas and conditions. The acquisition will…
Subsea 7 has been awarded a more than US$50 million contract in the US Gulf of Mexico by Freeport-McMoRan Oil & Gas in support of its velopment of the KOQV and Holstein Deep fields. The work scope covers the installation of flexible pipelines and umbilicals for both fields…
Netherlands-based Vroon Offshore Services started operations in Turkey this week. The company’s anchor-handling tug-supply (AHTS) vessels, VOS Tethys and VOS Athos, are currently assisting in positioning operations for the jack-up drilling rig GSP Prometeu…
The US Department of the Interior has opened its new five-year Outer Continental Shelf (OCS) offshore oil and gas leasing plan to public comment, the agency announced on 13 June 2014. DOI said the publication in the federal register of…
Seven employees of Mexico’s largest construction company, ICA Fluor, died while working on Pemex’s Ayatsil-C platform during an accident that occurred 11 June, ICA Fluor announced 12 June. Another employee sustained serious injuries. The…
CAN Group announced today that it has secured two major contract renewals, totalling approximately £200million. Along with an increase in business, the two contracts will lead to the safe-guarding of 150 jobs. The Aberdeen headquartered…
AWE Ltd. announced on 13 June that drilling began on the Oi-2 exploration well located in Petroleum Mining Permit (PMP) 38158 offshore Taranaki, New Zealand. The joint venture partners hope the Oi-2 well will allow the evaluation of hydrocarbon potential of a 4-way dip closed structure…
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