Rosneft and PetroVietnam announced they will set up a joint venture to develop two oil field blocks in the Pechora Sea in Russia’s Arctic, Reuters reported on 5 September 2014. According to the report, Rosneft will hold 66.67% interest in the JV…
Norway will award oil and gas licenses in new offshore areas, including in an important Arctic zone bordering Russia, in the first half of 2016, reported Reuters. The agency said Norway's oil and energy ministry, which asked companies…
Shell’s GeoSigns has helped the company find reservoirs like the pre-salt West Boreas field in the Gulf of Mexico and there is more to come. Elaine Maslin reports. Shell’s iScope facilities…
Royal Dutch Shell plc has named Harry Brekelmans as projects and technology director, effective 1 October 2014. Brekelmans is currently Shell’s executive vice president operated, upstream international. He joined Shell in 1990 and has…
Shell made a gas discovery at the deepwater Majoram-1 well 180km off the Malaysia coast. The Marjoram-1 well is located in Block SK318, in 800m of water. Shell says the addition of new natural gas resources this year ensures the company is able to continue to provide cost-effective…
IKM Group will provide a riser-less top-hole mud circulation system to Shell on the Malikai project offshore Sabah, Malaysia. IKM says the contract award is an important milestone for its MRR technology (mud recovery without riser) and…
Nearly 50 companies have made applications for licenses in the Norwegian government's lates licensing round. The deadline for applications ended September 2. Norway's Ministry of Energy and Petroleum said applications had been received…
Royal Dutch Shell plc has named Harry Brekelmans as Projects & Technology Director, effective 1 October 2014. Brekelmans is currently Executive Vice President Operated, Upstream International. He joined Shell in 1990 and has held a variety of international management positions in Geosciences…
Golder Associates has completed a comprehensive social baseline study in Greenland on behalf of Maersk Oil, Cairn Energy, ConocoPhillips and Shell. The cooperative study was commissioned as Maersk Oil, Cairn Energy, ConocoPhillips and…
Alexey Miller, chairman of the Gazprom Management Committee and Nguyen Xuan Son, chairman of the PetroVietnam National Oil and Gas Group Board of Director met at Gazprom headquarters 3 September to address the joint development of hydrocarbon resources in Vietnam and Russia…
The 4th Annual Global FPSO Forum, formerly Emerging FPSO, serves as a rare opportunity to meet and deliberate over topics affecting the global industry. While most conferences are held in Europe and Asia, Global FPSO Forum is held annually in Galveston…
UK-based heavy oil explorer Xcite Energy has signed an agreement which could pave the way for a common gas export route for the Kraken, Bentley and Bressay heavy oil fields. The collaboration agreement is between with Statoil and a subsidiary of EnQuest…
InterOil Corp. has appointed former BG Group chief executive officer and Shell executive Chris Finlayson as chairman-designate. Finlayson, 58, joins the board immediately, and will replace Dr. Gaylen Byker. Finlayson, who is a director of Lloyd’s Register…
Downer EDI Ltd. secured a contract on the Chevron-operated Gorgon project, located on Barrow Island off the northwest coast of Western Australia. The US$170 million contract is for an initial term of 12 months, with extension options…
Shell's Shelburne Basin Venture Exploration Project marks the first time 3D wide azimuth (WAZ) Seismic technology was used in Canada. This technology provides much clearer data in water depths of 1500m to 3500m, 250km to 350km offshore Nova Scotia…