As Australia grapples with chronic oil production decline in the face of rising imports, the buoyant gas sector offers the prospect of rising revenue from LNG export. John Mueller reports.Eyebrow Natural gas lifts Australian reserves As Australia…
Chevron grabs 75% stake in 3 deepwater areasClick to view larger mapChevron subsidiary, Chevron Morocco Exploration Ltd, has signed petroleum agreements with Morocco's Office National Des Hydrocarbures Et Des Mines for three offshore areas…
UTEC enlists Stenson and Laing for managementAndrew StensonIndependent offshore survey firm UTEC has announced the appointments of new general managers Jamie Laing and Andrew Stenson in Aberdeen, Scotland and Naples, Italy respectively…
Eni discovers oil and gas pay at Sankofa wellTesting at Sankofa-2 ST (Photo: Vitol)Eni successfully drilled Sankofa East 2A, the first appraisal well of the Sankofa East oil discovery in the Offshore Cape Three Points (OCTP) block, located in the Tano Basin offshore Ghana…
Bureau Veritas unveils certification guides Guide on Offshore Wind Farm Project CertificationBureau Veritas Certification France has released a comprehensive Guide on Offshore Wind Farm Project Certification, which allows industry players…
Chevron needed to survey 14 sites in the Gulf of Mexico, most of which were slated for decommissioning, so it hired Lockheed Martin to deploy its new Marlin AUV to assist. Chevron subsea survey engineer Olugbena Esan and Lou Dennis, Lockheed Martin business development manager…
During the past few years, annual change in global oil demand has been running 0.8-1%/year and the International Energy Agency (IEA) forecasts it to continue in that range in 2013 – well below the previous 20-year 1.5% average annual increase seen before the global banking crisis…
Natural gas is still not a global fungible commodity, although the LNG trade steadily grows as projects and the global fleet expand. ExxonMobil thinks that worldwide natural gas use will grow more than any other fuel – by 65% over the next 30 years…
Helge EideDNO's Helge Eide to resign at month's endDNO International ASA announced that its long-serving Managing Director, Helge Eide, is stepping down effective 31 December 2012.'After almost 17 years at DNO International, including the past 13 years as Managing Director…
Sinopec strikes $1.5B deal for Talisman UK JVTalisman Energy has completed its joint venture transaction with Sinopec subsidiary Addax Petroleum UK Limited (APUK) following receipt of government and regulatory approval, the company announced on 17 December 2012…
Technip's G1200 vesselTechnip joins GOM platform junction project Williams Partners and DCP Midstream awarded Technip a pipeline installation contract for their 60-40 owned Discovery System in the U.S. Gulf of Mexico, Technip announced on 17 December 2012…
ExxonMobil acquires 75% stake in Durban BasinTugela South Exploration RightExxonMobil is set to explore the deepwater Durban Basin offshore South Africa after acquiring 75% stake in the Tugela South Exploration Right, the company announced on 17 December 2012…
Wood Group won a £17 million management contract to fabricate, install, commission, operate and maintain two weather monitoring stations in one of the UK's largest offshore wind farm developments off the Norfolk and Suffolk coast. The Wood Group…
Aquaterra Energy has secured a contract to design and install 260 centralisers for BP's latest development on the West Chirag platform in the Azeri-Chirag-Guneshli (ACG) oil fields in the Caspian Sea. The contract covers pre-engineering…
Noble Regina Allen Illustration89 workers hurt after newbuild jack-up lists 89 workers were hospitalized following an accident at Jurong Shipyard in Singapore on 3 December 2012.The workers were onboard the Noble Regina Allen jack-up rig…
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