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…
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…
Recent increases in crude prices and oil stocks belie the reality that exploration and production activity continues to weaken and there is no prospect of it improving in the near future. Spending on oilfield drilling and services has fallen further…
Chevron’s Gorgon project could put Australia s on track to be the largest liquefied natural gas (LNG) exporter in the world at 11.5 Bcf/d, according to the US Energy Information Administration (EIA). Gorgon…
France’s Total and China’s China National Petroleum Co. (CNPC) signed a strategic cooperation agreement to extend the two companies’ existing collaboration. The agreement was signed on 20 March between Patrick Pouyanné, chairman and CEO of Total…
Japan's INPEX said it is trying to confirm the facts following a news report stating that Indonesian President Joko Widodo has rejected a proposal to build a floating liquefied natural gas (FLNG) plant in the country's east, saying that an onshore plant would benefit its economy more…
After more than a year since Bumi Armada Berhad’s chief executive officer (CEO) Hassan Basma stepped down, the board has appointed Leon A. Harland as its new CEO. Harland. Image from Heerema. Harland…
Shell Canada’s operations offshore Nova Scotia were brought to a halt over the weekend due to severe weather, which caused a 2km pipe from the Stena IceMAX drillship to fall to the seafloor. The Stena IceMAX…
The government of Gabon has extended the deadline to submit bids for the country's 11th Licensing Round to 29 April 2016. Gabon is calling for international participation in the licensing round which will focus on five blocks, E-12, F-12…
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