Accurate monitoring of oil and gas production is an increasingly valuable tool for operators and surveillance engineers but, until recently, visibility of data has been almost exclusively available to on-site operators. For those involved in remote surveillance and decision support…
Operator Aker BP has completed an acquisition of Hess Norge, which owns 10% stakes in the Norwegian North Sea Valhall and Hod fields, from Hess Corp for US$2 billion. At the same time, a deal by Aker BP to sell 10% interest in the…
Eni has acquired from Shell a 32.5% interest in and operatorship of the Evans Shoal gas field offshore northern Australia. Evans Shoal is in Retention Lease NT/RL7, in the north Bonaparte Basin around 300km northwest of Darwin, where the Darwin liquefied natural gas (LNG) plant is operating…
Germany's Wintershall has started production from the Maria subsea tieback offshore Norway a year ahead of schedule and 20% under budget. The Maria field development cost about US$1.43 billion (NOK12 billion), $358.9 million below the original budget…
US offshore wind developer US Wind has awarded a contract to Oceaneering for high-resolution marine geophysical surveys in 2H 2018 for the Maryland Offshore Wind Project. The $2.5 billion Maryland project on the Maryland Outer Continental Shelf (OCS)…
Norway’s Petroleum Safety Authority (PSA) has granted Eni permission to restart production at its Goliat development after verifying the company has addressed electrical safety issues at the field. Goliat FPSO Source: Eni In October…
CNOOC's Weizhou 12-2 phase II project started production, the company announced today (28 November). The Weizhou 12-2 phase II project is in Beibu Gulf in the South China Sea with an average water depth of approximately 35.7m. The project…
Wintershall and its partners have been given the green light to start production next month from the Maria field in the Norwegian Sea. Maria development. Source: Wintershall. The development…
St. Louis-based technology firm Emerson Electric has once again offered to buy Milwaukee-based Rockwell Automation, this time proposing to acquire all of Rockwell’s outstanding shares in a deal valued at $29 billion. David N…
Production has started from the Hail oil field offshore Abu Dhabi in the United Arab Emirates, says Abu Dhabi Oil Co., a subsidiary of Japan's Cosmo Energy Exploration & Production Co. The production from the Hail oil field is the first…
4Subsea has been awarded a Shell-funded contract to support COPPE, the center for engineering research and education at the Federal University of Rio de Janeiro (UFRJ). The project is funded by Shell Brazil and is a partnership with UFRJ-COPPE EMBRAPII…
Subsea 7 has signed a contract with Royal IHC to design and build a new, high-specification reel lay vessel capable of installing complex rigid flowlines including pipe-in-pipe systems. IHC says that, based on the ratio between top pipe tension and payload to displacement…
CEFC China Energy is set to buy a 14.16% stake of state-owned Russian oil firm Rosneft in a US$9.1 billion deal with the consortium of Glencore and the Qatar Investment Authority (QIA). Image from Rosneft…
DNV GL has launched a new recommended practise (RP) focusing on cyber security as the increasing digitalization of the industry poses the threat of it becoming more vulnerable, at SPE Offshore Europe. DNV GL says almost 68% of oil and…
Apache has brought its Callater North Sea subsea tieback on stream ahead of schedule. Discovered in 2015, Callater, a six-well slot bundle tieback to the Beryl Alpha facility. It was among three fields, including Seagull and Corona…
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