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The lifting business

Mar 01, 2017

Audrey Leon chats with Schlumberger, Baker Hughes and Weatherford to learn about the latest technologies available for artificial lift. Dedicated Schlumberger surveillance engineers monitor alarms to prevent or mitigate adverse events…

Equatorial Guinea extends licensing round

Feb 28, 2017

Equatorial Guinea's Ministry of Mines and Hydrocarbons has extended the closing date of its 2016 Licensing Round, due to a 'wave of new exploration interest' thanks to a more positive outlook in the industry.  The round, offering 'all…

Ocean Rig reaches Eirik Raude settlement

Feb 24, 2017

Ocean Rig has reached a US$25 million settlement agreement with Premier Oil and Noble Energy over disputed invoices for the Eirik Raude semisubmersible. Image of the Eirik Raude, from Ocean Rig…

Faster start-up

Mar 01, 2017

Ronnie Bains, of Emerson Process Management, explains how the use of dynamic simulations and operator training systems can support engineering and workforce training to help bring offshore assets online quicker. Glen Lyon sets sail from South Korea…

Shell eyes GoM composite HP spool

Feb 27, 2017

Dutch technology firm Airborne Oil & Gas has been awarded a qualification program from Shell for a high-pressure, deepwater thermocomposite pipe (TCP) jumper spool. Its first application is anticipated in the Gulf of Mexico region. The TCP jumper spool will be manufactured using carbon fibre…

Repsol lines up Stordal spud

Feb 23, 2017

Spain's Repsol has been given the green light to drill a well on the Napoleon North license in the Norwegian Sea using the Transocean Spitsbergen Drilling rig. The Norwegian Petroleum Directorate says well 6705/7-1, targeting the Stordal prospect…

Anadarko resumes at Lucius, Heidelberg

Feb 13, 2017

Anadarko had to shut-in production at two of its operated facilities last week, following a fatal fire at the onshore Phillips 66 Partners Paradis Pipeline Station west of New Orleans, Louisiana. Image of Heidelberg…

BP completes Zohr stake acquisition

Feb 14, 2017

BP has completed the US$375 million deal to buy a 10% interest in the Shorouk concession offshore Egypt, containing the super-giant Zohr gas field. Eni CEO Claudio Descalzi, Bob Dudley, CEO of BP, and the Egyptian Minister of Petroleum…

Fugro to buy Solstad's Rem Etive

Feb 14, 2017

Fugro and Solstad have an agreement in place for the purchase of the Rem Etive subsea construction vessel. Image of the Rem Etive, from Solstad. Fugro said it has secured continued…

New lease on Beryl

Feb 01, 2017

Apache’s FNT development may appear a bit “vanilla” on the surface, but a fit-for purpose and fast-to-first-oil ethos under the Apache Projects Group Mission Command management system meant the difference between production and stranded reserves…

Anadarko eyes further Colombia drilling

Jan 31, 2017

Anadarko has its eyes set on Colombia, announcing further drilling plans in the Purple Angel block, and opportunities it has identified through the Esmeralda 3D seismic survey in the area.   Map of Gorgon…

Oil & Gas UK guidelines to simplify subsea development

Feb 03, 2017

Oil & Gas UK has launched new guidelines, aimed at simplifying subsea developments. Realizing the potential of the North Sea’s “small pool” reserves could be helped by its guidelines, Oil & Gas UK says.   The launch follows a call…

Borr Drilling takes on ex-Hercules jackups

Jan 30, 2017

Norwegian outfit Borr Drilling has taken delivery of the Frigg (formerly Hercules Resilience) and the Ran (formerly Hercules Triumph) jackup drilling rigs from Hercules Offshore. The two rigs, bought for US$130 million late last year…

Hess takes Q4 loss, expects momentum

Jan 26, 2017

Hess Corp. posted a US$4.9 billion net loss in Q4, as the company moves forward to focus on its developments offshore Thailand and in the Gulf of Mexico, which are expected to contribute significant production and cash flow. The…

BP fires up Thunder Horse expansion

Jan 23, 2017

The Thunder Horse South Expansion project, in the deepwater Gulf of Mexico, has started up 11 months ahead of schedule, supermajor BP announced today (23 January). Illustration of the expansion at Thunder Horse…

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