Targeted maintenace could boost UK North Sewa production by 10%, equating to US$18 billion in annual revenue, suggests Alan D'Ambrogio, ABB Consulrung's vice president, oil and gas. Meg Chesshyre reports. In 2013, the industry invested £13…
The supervisory board of South Stream Transport BV approved the signing of a construction contract for the South Stream Offshore Pipeline on 11 March 2014, a day after European Union Energy Commissioner Guenther Oettinger was quoted by German daily newspaper Die Welt…
Colombia’s offshore is not as widely explored as its conventional onshore space. The country, which has many resources including coal bed methane and even shale, is making a bigger push for offshore exploration. Colombia’s Vice Minister of Energy for the Ministry of Mines and Energy…
Statoil and co-venturer ExxonMobil have carried out a successful first drill stem test on their Tanzania Block 2 offshore discovery Zafarani-2. The data acquired will help reduce technical uncertainties in a possible future Tanzania offshore and LNG development…
Endeavour International Corp announced that the valve in the Rochelle field that had been stuck in the 'shut' position is now open, and production is expected to re-start in the next few days. Following the tie-in of the East Rochelle E2 well…
A striking comment was made by the head of CNR International at a breakfast briefing in Aberdeen this week. James Edens, VP and Managing Director at CNR International (UK), said UK North Sea production in 2013 was 1.43MM boe/d—the lowest it had been since 1977…
Australian marine renewables firm Carnegie Wave Energy is to start pipeline laying this week on its Perth Project, offshore Garden Island, Western Australia, following completion of offshore foundation installation activities. The Perth…
Houston-based Helix Energy Solutions is to provide Petrobras with well intervention services for a minimum four years, using two new-build vessels. The two new monohull vessels, being built at the Flensburger shipyard in Germany for Norway’s…
On 30 Jan 2014, House Government Bill C-22 was introduced in the second session of Canada's 41st Parliament, amending the Canada Oil and Gas Operations Act for, among other matters, new requirements for regulatory preauthorization of…
Statoil and its partners on the giant Johan Sverdrup field have chosen a four-platform development concept, with power from shore. The field, containing 1.8-2.9billion boe, is one of the five largest discoveries on the Norwegian Continental Shelf (NCS)…
After a half-year hiatus, exploration and production in the Siri area has recommenced. DONG Energy reconnected the Siri Knutsen to three of the Siri area’s four oil fields on 28 January 2014, offshore Denmark. The Nini East field delivered first oil on 4 February 2014…
US explorer Hess remains 'confident' that its billion dollar Australian gas project will proceed. The Equus project, Hess Corp.’s planned contribution to Australia’s push for world leadership in liquefied natural gas (LNG) exports, has…
WaveRoller, the breakthrough wave energy device created by the wave energy developer AW-Energy, has received independent performance verification, taking the wave power industry one step closer to commercialization. An extensive…
Cameroon's state oil company National Hydrocarbons Corp. (SNH) announced that it will offer a licensing round for four blocks, three offshore: Bomana, Lungahe, and Ndian River, all in the Rio Del Rey basin. The Bomana block covers 139…
Despite record levels of UKCS investment during 2013, the year proved to be disappointing both in terms of exploration and appraisal drilling activity and to a lesser extent the acquisition and divestments market. UKCS Drilling Levels 32…
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