China National Offshore Oil Corp. (CNOOC) commenced production at the Dongfang1-1 gas field Phase I adjustment project ahead of schedule, in the South China Sea. Image from CNOOC. The…
Petrofac has been selected as duty holder for newly appointed southern North Sea Sean field operator Oranje-Nassau Energie (ONE), as of 1 June. Dutch operator ONE made its first step into UK waters when it bought a 50% stake in and took…
Asset Guardian Solutions (AGSL) announced that it received a contract from McDermott Asia Pacific provide its Asset Guardian software management toolset to protect and manage the software installed on the process control systems that…
The success of MeyGen will help lay the ground work for the future of the tidal power industry. The CEO of the company behind it, Atlantis Resources, believes he has the recipe for success. Elaine Maslin reports. Tim Cornelius…
Chevron's Erskine field has restarted production after being shut-in since September last year while a major upgrade was carried out on BG Group's Lomond facility, which it exports production through. Before the shut-down, the field was producing about a quarter of what is able to…
W&T Offshore encountered hydrocarbon pay at Ewing Banks 910 with the successful drilling and evaluation of the Ewing Banks 910 A-5 ST well in the Gulf of Mexico. The company logged 160ft of gross hydrocarbon interval and is currently completing the well…
More than half (56%) of global oil and gas executives are ready to do deals in the next 12 months according to accountants and business advisors EY’s 12th biannual Oil & Gas Global Capital Confidence Barometer. The global survey of 112…
For the US energy industry, 2014 will be remembered as the year when crude oil prices fell below US$50/bbl, resulting in significant realignments in the sector. Aside from the oil price collapse and the historic high of domestic natural gas production…
OMV's Maari MR7A development well is now online offshore New Zealand, according to joint venture partner Cue Energy. Map of PMP 38160. From Cue. The Maari MR7A well is located in PMP 38160 in the Taranaki basin…
Danish entrepreneurs are taking on the rig tool market. Emma Gordon explains. Rigtool’s bottomhole assembly wash tool. Images from Rigtools. When Rigtools was set up five years ago…
Russian licensing authority Rosnedra awarded Lundin Petroleum a production license for the Morskaya field in the northern Caspian Sea. The production license, in the Lagansky Block, will be valid until 2035 and covers about 50sq km. The Morskaya field…
UK-based offshore Ireland explorer Europa Oil & Gas says an independent review of Frontier Exploration License 3/13 estimates it contains nearly 1.5 billion boe prospective resources and the potential for a “play-opening” first well. The estimate…
Permasense launched the ET210 Integrity Monitoring System to deliver continuous wall thickness and temperature measurements from topside or surface equipment directly to desk, that will help improve the economics and safety of offshore operations…
The Jack/St. Malo development is a bellwether for the Lower Tertiary Trend, Stephen Thurston, vice president of deepwater exploration and projects for Chevron said at the Offshore Technology Conference (OTC) this week. The Jack and St. Malo fields…
Celebrating its 40th Anniversary, Offshore Engineer (OE) and Hasbro Inc, an American multinational toy and game company, teamed up to create a custom MONOPOLY Game for the offshore industry. The OE 40th Anniversary Collector’s Edition MONOPOLY…
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