The National Oceanic and Atmospheric Administration (NOAA) Marine Debris Program announced on Sept. 4, that it provided US$967,000 through NOAA’s Restoration Center to support locally driven, community-based marine debris prevention and removal projects…
Marathon Oil is to sell its 10% interest in deepwater Block 32 offshore Angola to Sonangol for about US$590 million. The firm also announced plans to repurchase US$1 billion of its common stock and buy about 4800 acres in the core of its south Texas Eagle Ford position…
BP has announced a deepwater gas discovery in the East Nile Delta offshore Egypt. Wireline logs, fluid samples and pressure data confirmed the presence of gas and condensate in 38m net of Oligocene sands. The company says the well…
In the short term there will be a dash for gas, but longer term the key to global energy supplies could be solar, yesterday’s SPE Offshore Europe breakfast briefing heard. Professor John Miles, Arup/Royal Academy of Engineering research professor in transitional energy strategies…
Former BP CEO Tony Hayward, now CEO of Genel Energy, focused on geopolitics, prices, and technology, while explaining the role of the independent in challenging conventional thinking, at a keynote session on IOCs yesterday. Geopolitics has defined the field of play…
C-MAR Group has highlighted the UK’s escalating skills gap as the most critical issue facing the UK industry today. Speaking as the industry gathered for the Offshore Europe Conference in Aberdeen today, Chief Operating Officer Peter Aylott…
Norway’s offshore region covers 2.04 million sq km and is split into five areas: the northern, southern and central parts of the North Sea, the Norwegian Sea and the Barents Sea. Over the five regions, there have been 1400 exploration wells drilled since 1966…
UK-based Groveley Detection Ltd. will join Emerson Process Management’s Rosemount Analytical business unit. Groveley was the first to develop a pieso-electric based ultrasonic gas leak detector engineered for extreme industrial applications…
Great Yarmouth, UK, headquartered energy services firm 3sun Group has bought RRC Controls Services as part of its plans to grow in Aberdeenshire. RRC, based in Gourdon, Aberdeenshire, manufactures subsea control systems for the offshore oil and gas industry…
Twenty years after it came online, the UK’s longest serving permanently-moored FPSO has been given a new lease on life. Elaine Maslin reports on the extent the UK’s largest offshore project in 2012. When production from the central North Sea Gryphon field came online in October 1993…
The HAL-PRM-150W-LED-100 surface mount hazardous area light by Larson Electronics features a powerful LED assembly fitted with 30 CREE XLamp XPG® LED emitters. The LED assembly is housed within a cast aluminum fixture with high-strength gasket…
Indian energy firm ONGC Videsh Limited (OVL) has agreed to buy a 10% stake in the Rovuma Area 1 block, offshore Mozambique, from Anadarko, for US$ 2,640 million. Area 1 covers about 2.6 million acres in the deepwater Rovuma Basin and…
Austrian energy group OMV is to buy Norwegian and UK North Sea assets from Norway’s Statoil in a US$2.65billion deal. The deal will see OMV acquire 19% interest in the producing Gullfaks field and 24% in the Gudrun field, both oil and gas fields offshore the Norwegian Continental Shelf…
Faroe Petroleum completed the acquisition of a 10% non-operated interest in the BP-operated East Foinaven oil field and a 0.5% interest in the West of Shetland Pipeline System, both from Marubeni Oil & Gas (North Sea) Ltd . The net consideration payable for the acquisition of the interests…
Heerema Fabrication Group’s Vlissingen fabrication yard has completed the fabrication of two jackets for the Golden Eagle Development project of Nexen Petroleum UK Ltd. With the departure of Nexen’s 6,400-ton PUQ (Production Utilities…
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