Oil majors Statoil, Shell and Total have agreed to enter a CO2 storage partnership. The partners have signed a partnership agreement to mature the development of carbon storage on the Norwegian Continental Shelf (NCS). The project is…
Chevron’s Erskine field is back up and running offshore the UK, following maintenance work at Shell’s Lomond, according to partner Serica Energy. Erskine field restarted at the end of last week and the field has produced continuously over the weekend…
Despite disappointment at Korpfjell, there’s optimism in the far North. The Christophe de Margerie LNG carrier in icy conditions. Photo from Total. High hopes were pinned on the multi-billion-barrel potential Korpfjell prospect…
Russia’s Rosneft has closed the US$1.13 billion deal to acquire stake in the Shorouk concession, containing the giant Zohr field offshore Egypt from Italy’s Eni. Map of Zohr, from Eni. Rosneft…
2017 is set to be a record year for exploration in the Barents Sea, with one prospect in particular getting most of the attention. Edison Investment Research’s Elaine Reynolds explores the scene. Tapping Korpfjell: the Songa Enabler…
Shell and Petrobras signed a five-year memorandum of understanding (MoU) last week to establish a long-term mutual collaboration in developing pre-salt fields in Brazil that will focus on sharing technical and cost-efficient solutions. Libra…
Karen Boman chats with industry veteran Tony Duncan about his plans at Magma Global and experiences selling operators on new technology. Tony Duncan Tony Duncan has faced many challenges in his career in the oil and gas industry…
Shell has secured its Prelude floating liquefied natural gas (FLNG) facility to the seabed offshore Western Australia, after completing the installation of eight of the 16 mooring lines. Illustration of Prelude's turret mooring system…
Balancing digitalization, decommissioning, and a need to remain relevant and the lower “for the foreseeable future” scenario made for a complex range of topics at SPE Offshore Europe 2017. Bob Dudley…
Statoil's Aasta Hansteen spar platform topside has been loaded on to a heavy transport vessel and is set to sail for Norway in coming days. The 24,000-tonne topside will take two months to travel from Hyundai Heavy Industries' yard in South Korea to Norway…
Plexus Holdings has been awarded a contract with new customer Rosneft’s Vietnam subsidiary to supply its POS-GRIP high pressure high temperature (HPHT) adjustable rental exploration wellhead equipment for an exploration well offshore Vietnam…
Brazil experienced a “historic day in the oil and gas sector” with its 14th Round, as the joint venture of Petrobras and ExxonMobil signed the largest bonus of US$701 million (R$2.24 billion) for a block in the Campos basin. Oddone…
Shell, operator of the Lomond platform, advised a delay to the restart of Chevron’s Erskine production pending completion of repairs, according to Erskine partner Serica Energy. Erskine. Image from Chevron…
Transocean is taking a US$1.4 billion impairment in Q3 2017 following the drilling contractor’s decision to scrap five ultra deepwater floaters, and one deepwater rig. The Sedco Express ultra deepwater floater will be scrapped…
When it comes to oil industry heavy weights, the CEOs of Shell and BP are up there. At SPE Offshore Europe today, plenary session delegates will hear from both, alongside Wood Group CEO Robin Watson, in this morning’s plenary session. We caught up with Shell CEO Ben van Beurden in advance…
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