DONG Energy released a video showing the installation of the Hejre jacket that occurred on 23 May 2014. DONG Energy has installed the jacket for the Hejre platform in the Danish sector of the North Sea, 292km north west of Esbjerg…
Cooper Energy Ltd. announced that the Elliston-2 oil development located in PPL 249 on the western flank of Cooper basin in South Australia, spudded and of 22 July, the rig was drilling a 12 ¼ in. hole at 162m. Elliston-2, a vertical well located 250m south-southwest of Elliston-1…
Total E&P UK’s HPHT Elgin Franklin complex. Image from Total E&P UK. High-pressure, high-temperature developments are on the increase in the UK North Sea…
Business is good in the oilfield, and as increased production and steady commodity prices contribute an influx of cash, operators are reinvesting in themselves, expanding their share buyback programs. Management usually says that…
Hyundai Heavy Industries (HHI) has received a letter of award (LOA) from Abu Ahabi Marine Operating Compnay for a US$1.94 billion order for the second package of the Nasr Full Field Development Project. Under the LOA, HHI would undertake engineering…
West Australian independent Woodside Petroleum Ltd. has farmed-in to the 7200sq km Lake Tanganyika South Block, Tanzania. Beach Petroleum (Tanzania) Ltd., a wholly owned subsidiary of South Australia's Beach Energy Ltd., will transfer…
First production from an appraisal well has extended the southern limits of the high-pressure/high-temperature (HPHT) Jade gas condensate field in the UK Central North Sea, Houston-headquartered ConocoPhillips announced today. The Maersk…
UK-based exploration junior Enegi Oil says a self-installing floating tower (SIFT) would be the best development option for the central North Sea Phoenix discovery. Enegi’s preference for a SIFT follows a work program by Azimuth Limited…
McDermott International has completed Ayatsil-B, one of Pemex’s four drilling platforms for use in the Mexican national’s Ayatsil-Tekel heavy oil field. The Houston-based company provided engineering, procurement, fabrication, pre-commissioning…
Raytheon Anschütz, a German-based navigation system supplier, announced it delivered its 15,000th Standard 22 Gyro Compass in June 2014. The jubilee compass will replace a 30 year old Anschütz Standard 4 Gyro Compass onboard the superyacht Esmeralda…
Dockwise floatover installed the Shwe development topsides using COOEC's HSY229 installation launch barge. First production was in January this year. Photo from Dockwise. Myanmar has been producing hydrocarbons longer than many…
Premier Oil has sold interest in six Central North Sea offshore licenses to Hungary’s MOL Group for US$130 million, the duo announced on 30 June 2014. The sale includes non-operated equity stakes in the Nexen-operated Scott (21.84%), Rochelle (15%) and Telford (1…
Eni has entered into a production sharing contract (PSC) with state-owned PetroVietnam for the exploration of Block 122, off eastern Vietnam. The Italian firm’s CEO, Claudio Descalzi, met with PetroVietnam President and CEO, Do Van Hau, in…
The 2014-2018 Petrobras Business Plan foresees the allocation of US$10 billion in the oil and gas sector, including projects related to pipelines for gas transportation from the presalt area, such as Rota 3. Last week, Tenaris was awarded the supply in this important project and will provide…
Premier Oil's central North Sea Catcher field development plan has been approved by the UK Department of Energy and Climate Change. The Catcher area is expected to produce 96MM boe, with a peak production rate of around 50,000 bo/d. The…
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