FAR Ltd. (“FAR”) completed negotiations on joint venture agreements with Ophir Energy PLC (“Ophir”) on highly prospective offshore Kenya exploration permit Block L9. Block L9 is a large permit in the heart of the Lamu basin. A series…
Ocean Installer has been awarded a SURF (subsea structures, umbilicals, risers, flowlines) contract for subsea lines modification work at several Statoil operated fields on the Norwegian continental shelf (NCS). The total contract value is about US$55million…
Jim House, chairman of today’s (Friday) SPE Offshore Europe keynote session Oil & Gas Skills – Your Future Today, and region VP and MD Apache North Sea, gave us his views on the industry’s skills challenge. Q. What is the biggest skills challenge facing the industry…
More needs to be done to attract new talent into the industry, says Patrick Phelan, managing director of Aquaterra Energy, and a member of the Oil and Gas Industry Council. The council, set up earlier this year, recently helped develop the UK Government’s Industrial Strategy…
Closing remarks by Malcolm Webb, SPE Offshore Europe conference chairman: As we draw towards the conclusion of SPE Offshore Europe 2013 and head home to think about all we have heard, the technology showcase that has been presented to us and the contacts we have made or renewed…
Robert Gordon University (RGU) and Russian oilfield educational and engineering services company OILTEAM yesterday announced a partnership worth more than £1.2 million to train the next generation of Russia’s offshore energy professionals…
BP chief economist Christof Ruehl said the US will become energy independent, due to unconventionals, by 2030, in yesterday’s [Thursday] lunch, Energy Markets – the Short and Long Term. Ruehl said unconventionals (tight oil and shale…
Lakach is PEMEX’s first deepwater project, with gas production due to start in 2016. It will meet dual strategic goals of expanding PEMEX expertise in DW development, and meet internal demand for natural gas. “Lakach is a very good exercise for us…
Ken Robertson, production services manager for Shell UK, stressed the importance of participation among UK workers in order to improve safety conditions, during the Step Change in Safety breakfast briefing yesterday morning. Robertson…
Norway’s Statoil is considering extending the life of its giant Statfjord A facility in the North Sea, with a decision expected by year end, SPE Offshore Europe’s keynote session Decommissioning and value extraction for end of life heard yesterday…
Halliburton announced the official opening of its Multi-Chem business line’s Acadiana Blend Plant in Maurice, Louisiana. The new facility will help meet growing business demands in the Gulf of Mexico market and provide expanded local service capabilities…
Subsea 7 is currently experiencing the busiest period of bundle design/installation activity ever, Subsea 7’s bundle design manager, Martin Goodlad, told the session Advances in Subsea Construction and Technology yesterday. A record eight…
McDermott International’s director of global subsea engineering, Mark Dixon, made the case for pipe-in-pipe technology during yesterday morning’s presentation Emerging Technologies in the Subsea Sector. While pipe-in-pipe is not a new technology…
UK Trade & Investment offered a session on petroleum investment opportunities in Mexico on Wednesday, presented by Enrique Cornejo, head of energy & environment for UKTI in Mexico City. Mexico’s national oil company, Petroleos Mexicanos (PEMEX)…
The 2010 Macondo blowout and oil spill continues to haunt the industry, and inspire new regulatory rules not only in the US, but across Europe. Explaining why he opened yesterday’s Industry Progress Post Macondo presentation with fiery photos of the Deepwater Horizon rig…
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