A Eurostars-funded joint industry project (JIP) led by Akselos and LICengineering has announced the signing of Royal Dutch Shell as the first operator to participate in the two-year digital twin initiative. The JIP is focused on advancing…
Shell is buying the deepest floating production unit in the world, the Turritella floating production storage and offloading (FPSO) unit in a US$1 billion cash deal that will allow the supermajor to assume operatorship of the entire Stones development in the deepwater Gulf of Mexico…
Decommissioning will be a special focus at SPE Offshore Europe 2017 with a range of expert speakers announced as part of the plenary and new Decommissioning Zone technical programme. Shell will host a keynote panel session with senior spokespeople from CNR…
Russia's President Vladimir Putin visited Allseas' mega-vessel, the Pioneering Spirit, to symbolically launch of the alignment of the shallow and deep-water sections of Gazprom's TurkStream gas pipeline in the Black Sea. Putin toured…
Nearly two years after a failed attempt, oilfield services giant Schlumberger is set to acquire a majority stake in Eurasia Drilling Co. (EDC). The Astra jackup. Image from EDC. Schlumberger…
The Oil and Gas Authority (OGA) has offered for award 12 licenses to 11 companies, including Statoil, BP, Shell, Maersk, Apache and EnQuest in the 2016 Supplementary Offshore Licensing Round. Fourteen blocks were originally on offer in this Supplementary Round…
The Oil and Gas Authority (OGA) has released a tranche of UK Continental Shelf data in an effort to help revitalize exploration in the basin. The latest data release follows the publication of a suite of subsurface data packages in June…
Oilfield giant schlumberger has revealed a slew of new contacts including a deal to supply equipment to the Leviathan field, offshore Israel, and to perform ocean bottom survey work on BP's Clair Ridge field, west of Shetland, UK. The…
According to latest figures from Oil & Gas UK, decommissioning is the only business area where expenditure increased last year on the UKCS, from just over US$1.2 billion (£1 billion) in 2015 to $1.5 billion (£1.2 billion) in 2016. Expenditure is expected to rise further in 2017 to around $2…
New gas discoveries and increased sanctioning activity is expected to break the downward production trend in Trinidad, according to Rystad Energy. Last month on 2 June 2017, BP Trinidad & Tobago (BPTT) announced two new gas discoveries…
Shell's floating LNG behemoth Prelude has set sail from Samsung Heavy Industries' yard in South Korea. Shell described the sailaway as a 'significant milestone' for the project, the first production expected in 2018. The huge vessel…
Veolia and Peterson have accepted the first offshore structure into their Great Yarmouth decommissioning facility. Image from Veolia. The Shell Leman BH platform accommodation block…
Engie E&P has resumed production at its Gjøa-platform in the North Sea following extensive inspection and start-up work, due to a gas leak on 21 June. Gjøa. Image from Engie. Gjøa…
Ensco has been awarded three drillship contracts offshore West Africa, representing an aggregate three years of contracted term and more than six additional years of options. ENSCO DS-4 is expected to start a two-year contract with Chevron offshore Nigeria in August 2017…
Statoil's Aasta Hansteen spar hull has been unloaded from Boskalis' Dockwise Vanguard heavy lift vessel and is being 'righted' in a fjord in Norway. The process in Sunnhordland will take days as tens of thousands of water are pumped to move the spar from horizontal to vertical…
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