CB&I announced it has been awarded a contract by Bechtel valued at about US$625 million to provide structural, mechanical and piping construction work for all outside battery limits modules and associated units for the Chevron-operated Wheatstone Project at Ashburton North in Western Australia…
The supervisory board of South Stream Transport BV approved the signing of a construction contract for the South Stream Offshore Pipeline on 11 March 2014, a day after European Union Energy Commissioner Guenther Oettinger was quoted by German daily newspaper Die Welt…
John White has seen many changes in the oil and gas industry over his 40 years in the business. Subsea infrastructure has become increasingly diverless and remotely operated vehicles (ROVs) have enabled work in deeper, harsher environments…
Saipem has been contracted by South Stream Transport for the construction of the first line of the South Stream Offshore Pipeline, from Russia to Bulgaria across the Black Sea, for a total value of about US$2.7 billion. The South Stream…
Keppel Offshore & Marine’s subsidiaries have secured contracts worth about US$110 million in total. Keppel Shipyard will, for SOFEC Inc., fabricate an external turret mooring system for an FPSO vessel that will operate in the Tweneboa-Enyenra-Ntomme fields in Ghana…
Singapore-based Nordic Maritime has received a contract from Cairn India to provide 3D marine seismic data acquisition and processing services off the coast of Andhra Pradesh, India, starting later this month. Under the terms of the $23…
Current drilling simulators strive to offer operators hazard-free, cost-effective training solutions in a true-to-life environment. Greg App provides an overview of the latest technology. Some of the most substantial technological innovations…
Germany’s RWE Aktiengesellschaft has conditionally agreed to sell its exploration and production firm subsidiary RWE Dea AG to Russian-backed LetterOne Group for about Euro 5.1 billion (US$7 billion). LetterOne was founded last year as an investment vehicle…
Shell quits Alaska: Royal Dutch Shell will discontinue its 2014 plans for drilling offshore Alaska. Shell’s U-turn on Alaskan drilling follows a profit warning and a court judgment, raising “substantial obstacles” to the company’s plans for drilling in the Chukchi Sea…
Well completions were given a workover in the first Simplified Series talk of 2014 in Aberdeen in January. The talks are held monthly and organized by the Society of Petroleum Engineer’s Aberdeen chapter Young Professionals group. January’s talk…
The third phase of the Na Kika field in the Gulf of Mexico recently entered production, BP announced. Phase 3 production started on 19 Feb 2014, with a second well expected to come online 2Q 2014. Sitting in around 6300ft of water…
Glacier Energy Services has bought Professional Testing Services (PTS), the provider of non-destructive testing (NDT) and inspection services to the oil and gas and offshore renewable sectors. Headquartered in Aberdeen, Glacier’s…
Chevron’s leadership set out the oil major’s plans out to 2020 this week, including eying exploration opportunities offshore Greenland, to maintain its reserves hopper. Chevron is planning 20% production growth, from 2.6MMboe/d in 2013…
An oil and gas discovery has been made on the Pil exploration well, which sits in the Norwegian Sea. London-based Faroe Petroleum said the Pil well (6406/12-3S) encountered a gross hydrocarbon-bearing reservoir section with about 135m…
ExxonMobil Corp. announced at its annual investor meeting in New York on 5 March, that it will reduce its capital spending 6% in a continued effort to focus on profitability and returns on invested capital. Shares fell nearly 3%. Last…
Subscribe
