Rising subsea development costs have led Statoil to set a target for 20-30% cost reduction on projects. Elaine Maslin reports from the Underwater Technology Conference. Subsea – facing new realities” was the slogan for this year’s Underwater Technology Conference (UTC) in Norway…
Anthony Onukwu, SPE Aberdeen chairman. SPE Aberdeen chairman Anthony Onukwu reflects on society’s impact on the North Sea oil and gas industry as the Aberdeen section celebrates its 40th anniversary…
The Heidrun FSU crane in Protea’s yard, Poland. Photo from Protea. Protea has designed its largest crane to date for Statoil’s Heidrun FSU, a project that will aid the life extension of the Heidrun field…
SCF Group (Sovcomflot) and Sakhalin Energy Investment Co. Ltd. (Sakhalin Energy) have signed a contract for the construction and long-term operation of three multifunctional icebreaking standby vessels to serve the Sakhalin-2 offshore energy platforms…
Brazilian drilling contractor Odebrecht Oil & Gas (OOG) announced that Roberto Simões will take over as the company CEO. Simões has been VP at Odebrecht since 2012, replacing Roberto Ramos. Odebrecht SA incorporated Odebrecht Óleo e Gás in 2006…
Rendering of Shell's Prelude FLNG. Photo from Shell. Vinson & Elkins’ David Lang and Paul Greening discuss determining whether and FLNG facility can receive limitations of liability for maritime claims…
Gazprom, the world's largest conventional gas producer, has appointed Elena Burmistrova as Director General of its natural gas export division. Prior to her appointment, Burmistorva was Deputy Director General of Oil and Gas Products…
FMC Technologies established a joint industry program focused on developing a new generation of standardized subsea production equipment and systems, the company has announced. The JIP, which includes Anadarko Petroleum, BP, ConocoPhillips…
The Republic of Gabon’s Ministry of Petroleum announced today that it has selected seven companies to participate in a final round of negotiations for deepwater blocks in the offshore licensing tender round from October 2013. The Ministry said Impact Oil & Gas…
With Pieter Schelte, the figures alone are impressive: 382m-long, 124m-wide, and with a slot width of 59m, it can remove topsides up to 48,000 tonnes in a single lift, potentially revolutionizing large decommissioning projects. The new…
Tanzania is home to several recent gas discoveries. Yet the country's most recent licensing round doesn't reflect that story. Sarah Parker Musarra discusses why. With players like Statoil, ExxonMobil, BG Group and Ophir celebrating success in the waters off Tanzania…
Guyana's government information agency (GINA) reported that Minister of Natural Resources and the Environment Robert Persaud said that offshore exploration in areas being contested by neighbouring Venezuela is facing “some setbacks”. Responding…
Australia-head quartered WorleyParsons has agreed a memorandum of understanding (MOU) with Wison Offshore & Marine to jointly work on ship-shaped floating LNG (FLNG), FPSO and other similar offshore oil and gas projects, targeting Australasia…
The Energy Industries Council (EIC) announced seven companies for the shortlist for the EIC Award for Supply Chain Excellence 2014, which recognizes a member organization that has demonstrated a superior level of supply chain performance…
West Australian independent Woodside Petroleum Ltd. has farmed-in to the 7200sq km Lake Tanganyika South Block, Tanzania. Beach Petroleum (Tanzania) Ltd., a wholly owned subsidiary of South Australia's Beach Energy Ltd., will transfer…
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