Karoon Gas Australia made a discovery at the Echidna-1 exploration well, the third in the Santos drilling campaign, offshore Brazil. Image from Karoon. According to the Australian company…
KrisEnergy began drilling the Rossukon-3 exploration well in G6/48 in the Gulf of Thailand using Shelf Drilling's Key Gibraltar jackup rig. Gulf of Thailand block map. From KrisEnergy. Rossukon…
Cobalt International Energy opted to plug and abandon its North Platte No. 2 appraisal well at Garden Banks Block 959 in the deepwater Gulf of Mexico due to a seal failure in the riser connection system, the company announced on 9 April. The well…
Global investment in renewable energy reached record levels in 2014, including the record-breaking US$3.8 billion financing of the largest ever renewable energy plant, a Dutch wind farm project, a new report has shown. Image from Siemens…
Sir Ian’s Wood Report, published last year, identified technology as an integral component to ensuring the success of maximizing the economic recovery of the UK Continental Shelf (MER UK). As the Wood Report states, new field discoveries…
The MacArtney Group is premiering its latest feats of innovation and system development within the realm of underwater technology with the brand new NEXUS MK VII multiplexer. The group says that the NEXUS MK VII is a highly versatile HD and standard video…
Maclay Murray & Spens (MMS), the UK wide commercial law firm, has appointed Jill Reid, the former general counsel and company secretary of Dana Petroleum, as a partner to lead its oil and gas team in Aberdeen. Reid has worked her entire career in the oil and gas industry…
The first signs of a recovery in the oil price have been seen and opportunities are opening up in the Mediterranean for Europe to significantly reduce its reliance on energy imports, delegates at the 12th Offshore Mediterranean Conference (OMC 2015) heard this morning…
ExxonMobil began production at its deepest subsea tie-back, Hadrian South in the deepwater Gulf of Mexico. Image from ExxonMobil. Hadrian South is located about 230mi offshore in the…
KrisEnergy’s Gulf of Thailand campaign is getting off to a good start with an oil and gas discovery already made at its first exploration well, the Rossukon-2. The Key Gibraltar jackup. From Shelf Drilling…
LR Senergy and EnergyOne formed a strategic alliance to support business development in Norway and internationally. LR Senergy’s Norway business, Senergy, has been acquired through a management buy-out and will now trade under the company name of EnergyOne AS…
Adapting to current cost conscious market conditions was the recurring theme of the Aker companies'* open day for investors last week (17 March). Edvard Grieg at Stord yard. Photo from Kvaerner. It…
UK-based, Africa-focused explorer Bowleven completed its Etinde farm-out deal, netting an initial US$165 million cash. The deal comprised the sale of 30% and 10% interests in the Etinde Permit, offshore Cameroon, to Russian international independent LUKOIL and African explorer NewAge…
EnQuest’s Alma/Galia development floating production vessel the EnQuest Producer has left its berth in Newcastle, northern England, where it was undergoing finishing and commissioning works, and has completed marine trials. The 249m-long unit…
The oil and gas industry can deal with low oil prices, up to a point, by making itself more efficient. In contrast, there is little it can do about geopolitics and one of the places that is most evident is the Mediterranean. The region has long been home to oil and gas production…
Subscribe
