Increasing construction and installation activity globally is driving a demand for fabrication and manufacturing capabilities. With its shipbuilding and petrochemical heritage, northeast England is rising to meet the challenge. From a cluster of towns centering on Newcastle…
Wintershall Norge AS completed drilling wildcat wells 16/1-19 S and 16/1-20 A in production licence 457 about 2.5km from appraisal wells 16/1-16 and 16/1-16 A at the Ivar Aasen field in the Norwegian North Sea. The primary target for…
The consortium comprised of Petrobras, Shell, Total , CNPC and CNOOC secured the right to develop Brazil’s Libra block at the single-bid auction held in Rio de Janeiro on October 21. The Libra block is located in the Santos Basin ultra deep waters in the pre-salt polygon…
A consortium of companies, including Royal Dutch Shell plc, Petrobras, Total, CNPC and CNOOC, won today a 35-year production sharing contract to develop the giant Libra pre-salt oil discovery located in the Santos Basin, offshore Brazil. The Brazilian regulator…
The Wintershall-operated Asha East well offshore Norway has come up dry, partner Bridge Energy announced. The well will be plugged and abandoned due to no signs of movable hydrocarbons, Bridge said. The primary target in Asha East…
Noble Energy Inc. has hit 50ft of net natural gas pay in a high-quality Miocene reservoir at its Troubadour prospect in the deepwater Gulf of Mexico. The well was drilled to a total depth of 19,510ft by the ultradeepwater semisubmersible ENSCO 8501…
OMV discovered up to164 million barrels of recoverable oil in the Wisting Central exploration well 7324/8-1, within the Hoop-Maud Basin in the Barents Sea. The company found between 63 million and 164 million barrels of oil in the relatively shallow parts of the Barents Sea…
More people, more wealth, more energy demand—that has been the story of the world’s civilization over the past 250 years, and it is expected to continue. That is one of the messages from BP chief economist Christof Ruehl, who will lead…
Subsea UK is calling on the UK government to back plans for a national program that will support and fund subsea research, and a UK-wide skills program that will help the sector find the 10,000 people it needs to capitalize on current and future demand…
The BG Group and Southern Union-backed Lake Charles Exports LLC has received approval from the US Department of Energy (DOE) to export US-produced liquefied natural gas (LNG) to non-Free Trade Agreement (FTA) countries. Lake Charles previously…
Devan International Ltd., a subsidiary of Keppel Corporation Ltd. (KCL), acquired a 20% shareholding interest in the enlarged share capital of KrisEnergy Ltd. KrisEnergy is currently an associated company of KCL. In connection with the acquisition…
Trans Adriatic Pipeline AG (TAP) announced today that BP Plc, Azeri SOCAR, France's Total SA, and Belgian Fluxys—members of the international consortium developing the giant Shah Deniz field in Azerbaijan—have exercised their option to join the Trans Adriatic Pipeline AG (TAP)…
This event aired on August 20, 2013 Click to AccessThe offshore oil and gas industry continues moving into deeper waters, creating challenges in operations that would be common place in shallow-water projects. New synthetic materials…
Gryphon Alpha FPSO Maersk Oil’s vessel, stationed about 280km northeast of Aberdeen in the North Sea, has undergone a major dry dock overhaul, while infield subsea infrastructure was removed and replaced. A 4D seismic survey and near-field drilling was also done over the area…
National Iranian Oil Company (NIOC) plans to absorb as much as US $25 billion worth of investment for its development, exploratory and seismic operations during the current Iranian calendar year up to March 2014. At the closing ceremony of seismic operations at Ahwaz oil field…