BP signed final agreements to develop the US$12 billion West Nile Delta (WND) gas fields, with production set at reaching up to 1.2 Bcf/d in Egypt. BP worker on a platform in the Gulf of Suez. From BP…
The Haewene Brim floating production (FPSO) facliity in the UK North Sea has resumed production after being shut-in just months after starting production following an overhaul. The Haewene Brim, which is operated by Bluewater on behalf of Shell…
The board of Oil & Gas UK has appointed Deirdre Michie as the organization’s new Chief Executive. Deirdre Michie will take up her position from 1 May 2015, replacing the current Chief Executive Malcolm Webb who formally retires on 31 May 2015…
Dutch contractor Allseas last night (26 February) signed a contract with Norway's Statoil for the installation of three platforms on the giant Johan Sverdrup development in single lifts using the newly renamed mega-vessel Pioneering Spirit…
Most of the Mexican side of the Gulf of Mexico remains unexplored. Dan McConnell explores the geotechnical knowns and unknowns in the basin. Acquiring geotechnical data for platform foundation design in Mexico’s Bay of Campeche Image from Fugro…
The US Bureau of Safety and Environmental Enforcement (BSEE) and the Bureau of Ocean Energy Management (BOEM) released proposed regulations for exploratory drilling activities on the US Arctic Outer Continental Shelf (OCS) concerning exploratory…
Will subsea tech join fracking slowdown? There may be too much momentum. Bruce Nichols reports. Testing for Train 2 of the Asgard subsea compression system was completed in December at Aker Solutions’ dockside yard in Egersund…
The PetroRio acquisition of Shell’s 80% stake in the Bijupirá and Salema fields, and the Fluminense FPSO cost the company US$150 million. PetroRio acquiring the Fluminense FPSO in Shell deal. Image from Modec…
Statoil and Wood Group Mustang Norway (WGMN) completed the hook-up of the Valemon platform in the North Sea. Valemon. From Statoil. WGMN teamed with the Korean engineering, procurement…
Middle East orders are driving growth and filling newly built capacity at Sweden headquartered Atlas Copco’s newly upgraded and expanded UK systems facility. Atlas Copco Compressors’ largest ever UK designed and built custom engineered package…
Shell is to start a 30-day public consultation on the decommissioning process of the Brent field in the North Sea, beginning mid-February. Brent field. From Shell. The decommissioning program will begin with the Brent Delta platform…
Shell has its sights set for Arctic exploration this year by spending US$1 billion, after being absent since 2012. Ben Van Beurden. From Shell. The supermajor announced in its 4Q 2014…
Mexican officials, including the executive director of the Agencia de Seguridad Energia y Ambiente (ASEA), recently outlined Mexico’s reform efforts and highlighted issues on which the country is working including Transboundary field development…
Super major Shell is curtailing its spending by more than US$15 billion over the next three years and has futher options to reduce spending, the supermajor announced this morning, citing the dramatic, nearly 60% drop in oil prices over the past six months…
Petrobras said tests confirmed the size of the oil discovery at Libra's first appraisal well, 3-BRSA-1255-RJS (3-RJS-731), informally known as NW-1. Tests at the well, located 185km off Rio de Janeiro, proved an 290m oil column and carbonate reservors of high porosity and permeability…