Map of Beibu Gulf Roc Oil has struck multiple hydrocarbon pays in the Weizhou formation in the Beibu Gulf offshore southern China, the Australian explorer announced on 5 November 2012.The WZ6-12-A6 deviated step-out exploration well reached a total depth of 2…
'After a strategic review Fugro basically decided to exit the capital intensive and volatile seismic segment of the oil & gas exploration market where it does not have a leading market position. It spotted that most seismic companies had indicated fleet expansion plans in the immediate future…
'There are 'suspicions' that [Gazprom] has prevented alternative sources of natural gas from and into European countries, applying inappropriate practices, exploiting its position as the dominant supplier of natural gas to Europe.'It took time but it eventually happened…
‘An exciting future for the subsea business' was predicted by Ross Kinnear, head of subsea operations in BP's North Sea SPU, when he addressed Subsea UK's annual flagship conference in Aberdeen last month. David Morgan reviews some of the Subsea 2011 highlights…
Gregory Navarre has stepped up from COO to president of Horton Wison Deepwater following the departure of Jim Maher to pursue other interests. Navarre previously served in various positions with Global Marine and Horton Wison Deepwater’s sister company Wison Offshore & Marine (USA).
Jens Pace became COO of African Petroleum on 1 October. A geoscientist, he worked internationally for BP and its heritage company Amoco (UK) Exploration for over 30 years.
Maintaining a steady level of exploration activity, OGX has marked a number of successes.The Itacoatiara well, or OGX-79, found a hydrocarbon column of about 150m with 64m of net pay in the Albian section in the Campos Basin. The block BM-C-39 well…
Whisper it quietly, but the long-promised dawn of serious and sustainable North Sea decommissioning sector activity may have arrived at last. Extensive planning and preparation are currently under way in the sector as countries around the North…
Joe Gardner has been appointed a member of the United American Petroleum advisory board. A 45-year veteran of the oil & gas exploration and drilling sector, Gardner most recently served as a drilling consultant for Talisman Energy USA.
Against a background of continuing financial uncertainty the oil price remains reasonably high, as does the level of activity in the North Sea, particularly in Norway with the planned development of the substantial Johan Sverdrup find. Reserves estimated at 1…
French-owned utility group GDF Suez is stepping up its UK exploration and production operations with the goal of becoming a major player in the North Sea. The company's UK E&P arm has been involved in the sector for the past 15 years, but is now working up major expansion plans…
Overall, total capital investment on developing UK oil & gas reserves rose by 40% to £8.5 billion in 2011, according to Oil & Gas UK's 2012 Economic Report. Confirmation in the 2012 UK Budget of measures to promote activity in a targeted way…
Oonagh Werngren is relocating to Aberdeen to become GDF Suez E&P UK’s business manager (external affairs and supply chain). A geologist with over 30 years’ international experience, Werngren previously headed GDF Suez E&P developments…
Open markets can be a powerful ally for a world seeking to manage short-term disruptions to energy supply and meet long-term demand, BP group chief executive Bob Dudley declared at the June launch of the BP Statistical Review of World Energy…
Newly acquired West Engineering Services joined the Lloyd’s Register stable on 1 May in a move the class society believes will secure its position as the premier independent risk-management organisation supporting the global offshore drilling industry…