After postponing a final investment decision due to the low oil prices last December, Australian operator Woodside Petroleum has announced it will press forward into the FEED phase for its long-struggling Browse LNG mega project. The…
OneSubsea has won a front-end engineering and design (FEED) contract on the Browse FLNG development offshore Australia. Browse FLNG development concept is based on three FLNG facilities utilizing Shell’s FLNG technology and Woodside’s expertise to commercialize the Brecknock…
China’s national oil companies, Sinopec and CNOOC, want more interests in Brazil’s oil and gas assets, reports Seeking Alpha. The two companies bought into Brazil’s giant deepwater oilfields two years ago, and now seek to increase their holdings as Petrobras continues to sell assets…
The first step towards lifting sanctions on Iran’s oil production could be taken tomorrow (14 July) in a deal that would open up its territory to western nations and see the country’s oil exports double in the next six months is agreed. Image…
Gazprom handed Eni subsidiary Saipem a termination notice for the South Stream pipeline project to transport gas via a pipeline in the Black Sea. Image of South Stream pipelay. Images from Gazprom…
The construction of EDrill-3 semitender rig in COSCO’s Guangdong shipyard is in the final phase of testing and commissioning, reports Energy Drilling. EDrill-3 is a four-column, Ocean Class design by MSC Gusto. Edrill-3, which was designed to work in both shallow and deep waters…
Medical technology has been taken to the bottom of deepwater Gulf of Mexico to help operators understand their flow assurance and asset integrity issues. Elaine Maslin explains a technology first. Discovery deployed…
Petrobras will sell its 20% interest in the Bijupirá and Salema fields, currently operated by Shell, to PetroRio for US$25 million, the Brazilian national announced. The fields are located in Campos Basin, in water depths ranging 480-850m…
Shell has cleared its first hurdle in order to progress its takeover of BG Group, the supermajor announced on 16 June. Shell received an early termination of the US antitrust waiting period from the US Federal Trade Commission. The company…
Could the North Sea become a CO2 storage site? Elaine Maslin takes a look at two proposed projects and some of the challenges involved. The CCS goal—how the Scottish Centre for Carbon Storage sees carbon capture and storage on and offshore…
Thirteen activists in kayaks intercepted Shell's drilling rig, the Polar Pioneer, in Seattle's Puget Sound as the rig prepared to depart for the Arctic as part of Shell's US$1 billion Arctic exploration and drilling program. Kayaktivists…
Mexico’s ALFA S.A.B. and US-based Harbour Energy are terminating the proposed US$5.3 billion acquisition of Toronto-based Pacific Rubiales Energy. Image from Pacific Rubiales. 'The…
Oil and gas companies are still testing the waters offshore New Zealand when it comes to production, and little has been done off the islands in the exploration arena. Māui A platform. Images from NZP&M/ Rob Tucker…
The Research Council of Norway has through its Petromaks 2 program awarded 4Subsea funding for a research initiative on corrosion in flexible pipes. The initiative aims at developing new and improved ways of assessing structural integrity…
Shell is on the brink of Arctic exploration after the 9th US Circuit Court of Appeals upheld the US Bureau of Safety and Environmental Enforcement’s (BSEE) approval of the US supermajor’s oil spill response plan (OSRP) on 11 June. The Noble Discoverer…
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