SBM Offshore is using the TrustLube automatic lubrication system for Shell’s Prelude. According to TrustLube, its system consists of an explosion-proof grease cabinet to lubricate the radial wheel, axial boogie and axial boogie guiding of the world’s largest turret…
Petrofac has secured a duty holder contract for two assets in the southern North Sea, following their acquisition by Faroe Petroleum. Petrofac will continue to provide operations and facilities management to the Schooner and Ketch platforms…
RWE’s sale of its exploration and production subsidiary RWE Dea AG to a Russian investor is still going ahead, the firm says, despite a question mark over the UK assets involved. The US$7 billion deal, with Russian-backed LetterOne Group…
Faroe Petroleum has completed the acquisition of a 53.1% operated interest in the Schooner field and a 60% operated interest in the Ketch field in the UK southern North Sea gas basin from Tullow Oil. Both fields are in Blocks 44/26a and 43…
Odebrecht and Teekay received a letter of intent from the Libra consortium to charter an FPSO for the extended well test campaign in the Libra area of the Santos Basin pre-salt, offshore Brazil, Petrobras announced on 10 October 2014. The…
The DNV GL-led CO2PIPETRANS joint industry project (JIP) is releasing new data that will focus on the transportation component of carbon capture utilization and storage (CCUS) projects, to enhance the design of CO2 pipelines. DNV GL is…
Since the first successful oil well was drilled by Shell-BP in 1956 at Oloibiri, Nigeria has acclaimed the status of Africa’s largest oil producer and the sixth largest in the world. However, the Nigerian oil and gas industry has been engulfed in challenges with few success stories…
The rapid expansion of oil and gas telecommunications systems in order to facilitate the development digital oilfields in increasingly remote locations, enhance safety, and maximize data use, was the theme of a conference on oil and gas telecommunications organized by SMi Group in London…
The fifth biennial Society of Petroleum Engineers (SPE) Russian Oil and Gas (ROG) Exploration and Production Technical Conference and Exhibition is set to focus on sustaining production levels by challenging the limits with technology. This year’s conference…
Shell’s Brazilian subsidiary, Shell Brasil Petroleo Ltda., will sell 20% participating interest in concession BM-ES-23, offshore Brazil, to Thailand’s PTTEP. BM-ES-23 is in the deepwater Espirito Santo basin, covering approximately 550sq km…
Aberdeen-based Adept Solutions secured three contracts worth a total of US$2.4 million in West Africa. With the three contracts, Adept will implement its hydrocarbon accounting system, Axis, as part of projects on behalf of the Nigerian Petroleum Development Co…
Russian oil exploration giant Rosneft has said it and partner ExxonMobil have made an oil discovery on the Universitetskaya-1 well in the Arctic, despite US and European Union sanctions. Rosneft said the well, in the East-Prinovozemelskiy-1 license in the Kara Sea…
Cayman Islands’ registered Lekoil has upgraded the 2C reserves estimate on the Otakikpo marginal field offshore Nigeria by 45%. Otakikpo is in oil mining lease (OML) 11, in a swamp area, offshore Nigeria, adjacent to shoreline in the eastern part of the Niger Delta…
Wood Group Intetech (WG Intetech) has appointed Ogo Ikenwilo to the role of regional well integrity manager – North Sea. Ikenwilo will manage the company’s North Sea client base while identifying opportunities to increase its regional market share…
Elaine Maslin reports on Subsea 7’s new autonomous inspection vehicle and an AUV specification that has been put out for tender by French major Total. Subsea 7’s AIV. Images from Subsea 7. Life-of-field autonomous underwater vehicles (AUV)…