The Board of Directors of Royal Dutch Shell plc have designated Charles O. 'Chad' Holliday as the next Chairman of the Board. Holliday will succeed Jorma Ollila at the next annual general meeting, in May 2015, and will become the first American Chair of the company…
Shell has asked the Obama administration for five more years to explore for oil off Alaska’s coast, saying set backs and legal delays may push the start of drilling past the 2017 expiration of some leases. In a letter to the Interior…
Ceona and Marine Platforms Ltd. (MPL) were awarded two contracts in Nigeria worth a total of US$30 million. Ceona will provide vessels and its installation expertise on the Eni Nigerian Agip Exploration Ltd. ABO12 well completion, as…
How much does Russia’s oil and gas industry stand to lose in light of increasing Western sanctions? Sarah Parker Musarra reports. In April 2014, the first oil produced from the Russian Arctic Shelf…
Production could resume as early as 2016 for the Kashagan oil and gas project off Kazakhstan following the replacement of pipeline infrastructure, Total’s President of Exploration and Production Arnaud Breuillac told Bloomberg. Production…
Shell will formally cease oil and gas production from the Brent Alpha and Brent Bravo platforms in the UK North Sea on 1 November 2014. Brent Alpha and Brent Bravo are located 186km (115 miles) east of Lerwick. Both platforms have significantly…
Gazprom Neft, the fourth largest oil producer in Russia and the subsidiary of Gazprom, may consider the possibility of suspension of implementation of several projects on the Russian shelf, due to sanctions, imposed on Russia. Alexander Dyukov…
Oil & Gas Innovation Centre’s (OGIC) Ian Phillips, OGIC chief executive, will highlight how the pace of innovation in the oil and gas industry is significantly lower than in comparable industries at the 20thSPE ICoTA Well Intervention Conference in Aberdeen this week…
South Korea’s Daewoo Shipbuilding and Marine Engineering (DSME) yard ordered a total of 54 Wärtsilä Corp. dual fuel engines to power 172,600cbm icebreaking LNG carriers. The icebreaking LNG carriers…
Testing, calibration and advisory services provider Exova Group has opened a new, purpose-built facility in Aberdeen in response to increasing demand for mission-critical testing in the oil and gas sector. Officially launched by Malcolm Webb…
Shell made a large exploration discovery at the Leopard-1 well, offshore Gabon, West Africa. The exploration well encountered a substantial gas column with around 200m net gas pay in a pre-salt reservoir. Leopard-1 is located in license BCD10 approximately 145km off the Gabonese coast…
The Saint-Petersburg International Mercantile Exchange (SPIMEX) began on-exchange natural gas trading. The opening ceremony was attended by Rosneft head Igor Sechin (photo, at right), who is also Chairman of the Management Board of SPIMEX…
BP is assessing a further phase development on its west of Shetland Clair field, which could see another new, large central processing facility built in the field. The move will seek widely spread areas of the estimated 7-8 billion barrel oil originally in place Clair field…
Rio Oil & Gas also highlighted the growth in development of nanotechnology within the oil industry. The debate concluded that nanotechnology could definitely be an important tool to increase the efficiency of oil recovery in any field and specifically in mature fields…
Total's CEO Christophe de Margerie has died in a plane crash at Moscow's Vnukovo Airport just after 10pm (Paris time) last night (20 October). The 63-year-old was on a Dassauly Aviation SA Falcon business jet, which was bound for Paris…
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