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…
Flying offshore is one of the world's safest commutes. Offshore activity drives the global market for oil and gas-related helicopter services, which is estimated to be worth US$24 billion over the next five years, 2014-2018. Companies…
The government of Nova Scotia awarded Petrofac a contract to help identify the best ways to exploit the province’s ultra deepwater oil potential. Under the terms of the agreement, Petrofac is expected to deliver a development study for…
Deltamarin Ltd. entered into a contract with Jurong Shipyard Pte Ltd. for the conversion of Teekay’s Navion Norvegia to the Libra floating production, storage and offloading unit (FPSO), for operations in the Libra field, offshore Brazil…
Shell began its first deepwater development in Malaysia with the Gumusut-Kakap floating platform. Shell's Gumusut-Kakap. From Shell. The Gumusut-Kakap field is off the coast of Malaysia…
An oil discovery has been confirmed in the Libra field, offshore Brazil, Petrobras announced on 27 October. The Brazilian state-owned firm said the well 3-RJS-731 (informally known as NW-1) confirmed the discovery of good quality oil in the northwestern portion of the structure…
Lundin Petroleum AB spudded the Kitabu-1 exploration well in Block SB307/308, offshore Sabah, Malaysia. The West Prospero. From Seadrill. The Kitabu prospect is a stratigraphic trap…
Smith Bits, a Schlumberger company, introduced StingBlade, a conical diamond element bit. StingBlade bits increase run length and rate of penetration (ROP) while delivering improved steering response in directional applications. “In…
Some of the world's top energy experts have been announced as guest speakers at Universal Oil & Gas 2014 (UOG 2014) in Israel later this year. Barry Smith, Texas Railroad. From Granite PR. UOG…
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