Two Israeli firms are eying a multi-trillion cubic feet deepwater gas field offshore Israel. According to a resource report by Netherland, Sewell & Associates, the Og field lower sand contains 8.84 Tcf best estimate, unrisked gross prospective…
Statoil awarded IKM Ocean Design a contract worth an estimated US$22.5 million (NOK 200 million) for the Johan Castberg subsea integration pre-FEED and FEED project. Image of the contract signing in Oslo of Peder Hoås and Geir Paulsen…
Protea has completed the manufacture of a comprehensive crane package for an FSO (floating, storage, and offloading) that will be chartered by Total for operation at the Martin Linge offshore development. Comprising of two deck cranes…
The International Association of Oil & Gas Producers (IOGP) has appointed Gordon Ballard to be its new Executive Director. He starts today, succeeding Michael Engell-Jensen, who is retiring after five years. Gordon comes to IOGP after spending 30 years working with oilfield services company…
Atlantis, a global leader in the tidal power sector, is pleased to announce the appointment of Cameron Smith, as director of project development. Smith has joined Atlantis’ new executive management group based at its corporate headquarters in Scotland and will report directly to the CEO…
Some US$380 billion worth of upstream oil and gas projects have been put on hold as a result of the fall in oil prices, according to new research by analysts Wood Mackenzie. The Edinburgh based firm says the last six months of 2015 saw…
Aging assets and life extension are consuming ever more engineering hours in the offshore oil and gas industry. How can engineering tools help? Meg Chesshyre looks for answers. Image from Petrofac…
Despite an ample supply of oil and gas assets on the market due to low oil prices, the overall merger and acquisition (M&A) deal count in the upstream energy sector plunged in 2015 as the weakness and volatility in oil prices made it difficult…
While the oil price has sucked much wind out of the sails of the FPSO industry, work must go on. And there are still quite a few projects lined up from 2016-2018. Infield Systems presents this list of conversion and newbuild construction projects…
Lundin Petroleum has discovered oil at the Rolvsnes exploration well 16/1-25 S in PL338C, in the central North Sea sector of the Norwegian Continental Shelf (NCS), the company confirmed on 22 December. Lundin said the well encountered a 30m gross oil column in porous granitic basement…
Fugro will conduct survey services at a deepwater field development offshore Guyana for ExxonMobil affiliate Esso Exploration and Production Guyana, the geophysical service company announced on 22 December. The contract provides for autonomous…
Heerema Fabrication Group has marked the first steel for Maersk Oil's Culzean development jackets at its yard in Vlissingen, the Netherlands. HFG has contracts for fabricating the central processing facility, utilities and livings quarters and well head platform jackets for the high-pressure…
Atlantis Resources and ScottishPower Renewables (SPR) are teaming up to develop a joint portfolio of projects for the growing tidal sector, announced Atlantis. Atlantis’s Scottish project development vehicle, Tidal Power Scotland Limited (TPSL)…
Siemens is to supply turbines for Norwegian major Statoil's floating offshore wind turbine project off the coast of Scotland. The wind turbine manufacturer will supply the 30MW Hywind Scotland Project with five SWT-6.0-154 direct drive offshore wind turbines…
Noble Energy received the green light from the Israeli government on 17 December, to move forward with the development of Leviathan and the Tamar expansion, despite a last attempt from the Israeli Forum for the Protection of the Coastline that petitioned the High Court to not approve the plan…