Russia’s Lukoil has been granted approval from the Russian Federation Government for hydrocarbon exploration and production in two Baltic Sea fields. Lukoil will explore the D29 and D41 oil fields, which were both discovered in 2015, using the Arktichesksaya jackup drilling rig…
Shell has awarded Materia, and Aegion Corp. a contract to supply pipeline insulation materials for the Appomattox development in the deepwater Gulf of Mexico. The insulation system is unique among existing polymers in its ability to provide…
Island Offshore has secured contracts with Norske Shell worth US12 million (100 million NOK) for two of its vessels, the Island Valiant and Island Constructor at the Draugen oil field, offshore Norway. The Island Constructor…
It's hard to quantify accurately recovery rates on the UK Continental Shelf (UKCS). Estimates from the Department of Energy and Climate change put it at about 46%. Global estimates point to somewhere between 30-35%. However, the well known dictum…
In late February, Weatherford completed a drilling and reaming project near Sakhalin Island, Russia, that resulted in a total of 52 hours in rig time saved. The operator contracted Weatherford to enlarge a 3641ft (1110m) hole section from 8…
Chevron has temporarily halted production at its Gorgon liquefied natural gas (LNG) and condensate project on Barrow Island, off the northwest coast of Western Australia due to mechanical issues. According to Chevron Australia, the propane…
Maersk Oil may shut down production at Denmark’s largest gas field, should an economically viable solution for continued operations not be reached by this year. Platforms at Tyra East. Image from Maersk…
Petrobras has agreed an early terminatation on its contract for Sevan Drilling's cylindrical drilling rig, the Sevan Driller. The two firms also agreed to reduce rates on a second Sevan drilling rig, the Sevan Brasil, also on contract to Petrobras…
ABB was awarded a five-year contract to deliver equipment and services for Shell’s Prelude floating liquefied natural gas (FLNG) facility. Illustration of the Shell FLNG, from Shell. The order includes the delivery of motors…
Jeroen van der Veer has been elected as a new member of Statoil's board of directors. Van der Veer was the chief executive officer at Royal Dutch Shell from 2004-2009, when he retired. Van der Veer then continued as a non-executive director on the board of Shell until 2013…
If topsides asset integrity management is a bane, imagine looking after subsea assets. Elaine Maslin reports on the challenges associated with keeping up with both older equipment and newer, more complex equipment. A subsea field layout…
Italian major Eni has found what could be the biggest gas deposit in the Mediterranean and the company is eager to develop it. Jerry Lee reports. Egypt Nile Delta. The Zohr discovery, in the Shorouk block…
The race is on to create an autonomous, resident underwater vehicle capable of long-term inspection operations and eventually a level of intervention. Elaine Maslin takes a look at BG Group’s version. FlatFish during shallow water seatrials…
Shell has started oil production from the third phase of its Parque das Conchas (BC-10) development, offshore Brazil, in hopes of adding up to 20,000 boe/d. The Espirito Santo FPSO. Image from SBM Offshore…
Woodside Petroleum and partners have scrapped its plans for the struggling Browse floating liquefied natural gas (FLNG) mega project offshore Western Australia, as a result of the current economic and market environment. Browse FLNG illustration…
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