Australia's Woodside Energy has announced a second gas discovery offshore Myanmar just weeks after announcing its first in the newly opened country. Following the discovery, the firm is set to shoot more seismic over its acreage offshore Myanmar…
Shell’s full year 2015 results are expected to record a significant drop of about 54% compared to 2014, in addition to a reduction of some 10,000 positions across BG Group and Shell in an effort to streamline and integrate the two companies…
Australia and New Zealand hold vast petroleum potential, much of which remains undeveloped. Audrey Raj sets out the detail. Samples of oil from various New Zealand discoveries. Photo from TAG Oil…
Wood Group has secured a three-year contract with Shell Australia's Prelude, floating liquefied natural gas (FLNG) project. Wood Group Kenny will provide specialist consultancy services for flexible riser integrity management prior to and during operation of Prelude FLNG…
At Subsea Expo, Subsea UK has announced that it will sponsor an initiative which inspires budding subsea engineers for a second year. The body which represents the US$13.1 billion (£9 billion) subsea industry has now committed over $29…
Earthjustice, on behalf of eight conservation groups, filed to intervene in a case before the Interior Board of Land Appeals to defend the Department of Interior’s (DOI) decision to deny Shell’s request for an extension of the terms of its oil drilling leases in the Arctic Ocean…
Audrey Leon chats with Gerald (Jerry) Stone, senior vice president, Fluor Offshore Solutions, about his unlikely career in engineering, his take on the current market situation, and his work in harsh environments. Jerry Stone…
Leicester-based engineering polymer firm Nylacast is to open a new production facility in China following a £12 million (US$17.21 million) funding deal from Santander Corp. & Commercial. Nylacast supplies high performance engineering polymers and finished components to the oil and gas…
Greg Hale, Dassault Systemes' Nelia Mazula and freelancer Dora Laine explain how digitizing information can help improve uptime, increase production and optimize resource utilization in the asset-intense industry oil and gas industry. The…
Despite a multibillion dollar backlog of projects, put on hold amid US$30-50/bbl oil prices, exploration firms are still eyeing resources in arctic waters. New areas of the Barents Sea were offered to oil firms in Norway’s 23rd licensing round…
POSH Terasea secured a project to provide towage and positioning services for the Shell Prelude floating liquefied natural gas (FLNG) platform. As part of the project, POSH Terasea will tow the Shell Prelude FLNG over 3000nm from Samsung Shipyard in Geoje…
Singapore-based Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has delivered Halul, a KFELS B Class jackup rig, to Gulf Drilling International (GDI) of Qatar. It was completed on 21 January 2016, 10 days ahead of schedule…
Aberdeen headquartered QTEC Energy Services and Calgary headquartered Performance Fluid Management (PFM), both companies specializing in the management of drilling fluids on drilling installations, are merging to create a new company, FOCUS…
Saudi Arabia’s reluctance to cut production to maintain its share of the global crude market has paid off. By not “blinking first”, the Kingdom has succeeded in driving rigs out of the US shale market with current rotary rig counts down 65% from 2014 highs in September…
Sky-Futures, the provider of drone inspection services for the global oil and gas industry, completed the first ever oil and gas inspection by drone in the Gulf of Mexico last week for a global oil and gas service and drilling company. Drone…
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