Heerema Fabrication Group (HFG) in the Netherlands won an engineering, procurement, construction and installation (EPCI) contract with Marathon E.G. Production Ltd (MEGPL), a wholly-owned subsidiary of Marathon Oil Corporation for delivery…
Total announces that the Ivoire-1X exploration well, located in the western portion of Block CI-100 in 2,280m of water, encountered 28m of net oil pay in a series of about 100m of Cretaceous reservoirs. The oil in the abrupt margin geological play is light 35 API oil…
Iona Energy Inc is pleased to announce today that the Department of Energy and Climate Change (DECC) has advised the Orlando joint venture partners that it has approved the Orlando Field Development Plan (FDP) submitted by the partners. The…
Statoil Petroleum AS, operator of production licence 360, is about to complete drilling of wildcat well 16/8-3 S (Lupin prospect). The well was drilled about 40 kilometres east of the Sleipner Øst field and 60 kilometres south of the…
Veripos is delighted to announce that on 23 April, the company concluded an agreement with developers after receiving planning consent for a new global headquarters and regional support base in Aberdeen. The building will be owned by Veripos…
SMD has been honoured with the prestigious Queen’s Award for Enterprise in the Innovation category in recognition of the development of its specialist subsea trenching technology. This is the third Queen’s Award for Enterprise that SMD has won in the last three years…
3D Oil and partner Hibiscus Petroleum Berhad have decided on the use of a leased Mobile Offshore Production Unit (MOPU) to develop their West Seahorse oil field in VIC/P57, offshore Victoria. Front End Engineering Design (FEED) for the…
Premier Oil's Huntington field in the central North Sea came on stream on Friday using Sevan Marine's Voyageur Spirit FPSO.After an initial ramp up period, the field is expected to produce 25-30 kboepd (gross), said Premier. For Premier it is…
Saipem has been awarded new E&C Offshore contracts in Latin America with a total value of approximately $500 million. In Venezuela, Saipem signed with Cardon IV, a 50/50 joint-venture between Eni and Repsol, T&I contracts for the development of the Perla EP Project…
The FPSO market appears to be emerging from the economic downturn stronger than ever, with new project awards and forecasted capital expenditure expected to gain momentum throughout the next five years. While challenges certainly remain…
Exploration could be radically altered by a simple idea, Victor Schmidt explains, saving industry months and millions. How does the offshore industry evaluate a new deepwater play? Conduct geologic research, examine studies, collect samples…
Après the moratorium of deepwater drilling in the Gulf of Mexico, operators are once again exploring for opportunities offshore. Yet, escalating costs for production facilities can prohibit the profitability of some marginal fields. Jeannie…
E.Centrica Energy has started production on its southern North Sea York gas field. The field 40km east of Humberside in 45m of water and is expected to produce about 120mmcf/d of gas at its peak. Gas will be exported via pipeline to CSL’s terminal in Easington…
Exploration is expanding from West Africa’s Sierra Leone to Namibia, explains Bruce Nichols, led by sustained high oil prices, improving technology, relative political stability and a more supportive operating environment. Cobalt’s potentially…
Elaine Maslin reports on the Southern North Sea 2013 Conference, organized by East of England Group With a large fleet of often unmanned and aging platforms, operators in the predominantly gas producing Southern North Sea (SNS) are having to face asset integrity issues head on…
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