Total’s board of directors has appointed a new CEO, following the death of its chairman and CEO Christophe de Margerie (pictured right) in a plane crash in Moscow late on Monday night. Patrick Pouyanné, Total’s President of Refining & Chemicals…
The Danish Energy Agency (DEA, Energistyrelsen) reported record interest from oil and gas companies in the upcoming licensing round for blocks in the North Sea. DEA received 25 applications from 15 oil companies, and several applicants have not previously held licenses in Denmark…
Hydratight is offering safe hot bolting services on all types of flanged joints globally. The need to replace corroded or damaged bolts that are fitted to live pressurized flanges is a common problem for many offshore operators, who are trying to extend life of aging assets…
Brazil’s Petrobras hit a new gas accumulation at the Tanganika well in Block BM-ES-21 located in the Espírito Santo basin, 72km off the coast of the Espírito Santo state. The Cidade de Vitória FPSO. From Saipem…
UK heavy oil explorer Xcite Energy has entered into a memorandum of understanding (MOU) with oilfield services firm Baker Hughes. The MOU sets out principles for the provision of oil field services for the UK North Sea Bentley heavy oil field…
Rosneft has finished performing comprehensive geophysical exploration, including seismic data acquisition 3D and gravimagnetic survey on the West-Prinovozemelsky licensed site on the continental shelf of the Barents Sea. The scope of work totaled 2800sq km…
Wood Group Kenny has been awarded the front end engineering design (FEED) for the subsea and pipeline element of the Peterhead Carbon Capture and Storage (CCS) project in Aberdeenshire. The project, the world's first full-chain CCS project on a gas-fired power station…
Speeding up the rate of change in the oil and gas industry Our industry has a big question to answer: Can it innovate fast enough to meet the global energy challenge? I believe the answer is yes – but only if it is never satisfied with…
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…
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