Representatives from China National Petroleum Corp. and Shell met on 8 April 2014 to sign global cooperation agreements. CNPC Chairman Zhou Jiping met with Shell CEO Ben van Beurden in Beijing where the pair signed agreements covering both company's unconventional resources…
AGR's software solutions division had signed its first contract with Sakhalin Energy. The three-year deal includes the latest version of AGR's P1 software, as well as maintenance and support services. The software allows operators to maximize performance during well-construction projects…
Shell and its partners on the Ormen Lange license have postponed plans for a ground-breaking compression project on the giant field, halting ongoing concept select work, citing costs and reservoir data. Ormen Lange, Norway’s second largest field and producing since October 2007…
Shell has appointed Houston-based consulting firm, Endeavor Management to advise the supermajor in preparation for a possible revamp of Shell's Chukchi Sea drilling campaign. Endeavor said it will provide support and advice for a third…
The Prelude FLNG subsea architecture, supported by traditional mudmats. image source: Shell. Mobile foundation technology could offer an economic solution to some stranded offshore hydrocarbon reserves…
Global demand for energy and the technical challenges facing the oil and gas exploration and production industry means business as usual is no longer an option, Shell's chief technology officer says. Gerald Schotman said the industry…
A new design for nuclear plants built on floating platforms, modeled after those used in the offshore oil and gas industry, has been created by professors at Massachusetts Institute of Technology (MIT). They say such a design could help avoid the disaster at Fukushima Daiichi nuclear plant…
Total has made a 'very promising' light oil discovery in 2300m water depth as part of an intensive exploration campaign off Ivory Coast. The Saphir-1XB exploration well, the first exploration well on Block CI-514, is the first discovery in the San Pedro basin…
Total E&P announced today that its Saphir-1XB exploration well on Block CI-514 tested light oil in deep water off Africa's Ivory Coast. “Drilled in an abrupt margin play, this first well is the first discovery in the San Pedro Basin…
Missed out on the top stories this week? Here are our top three most-viewed stories from the past week: OAA winners shine - More than 500 industry professionals came together at the sparkling 28th Offshore Achievement Awards ceremony in Aberdeen…
Statoil and its partners have made a 20-75MM boe gas and oil discovery in the Valemon Nord prospect in the Norwegian sector of the North Sea. The discovery wells 34/10-54 S and 34/10-54 A, in production license 050, drilled by the semisubmersible drilling rig Transocean Leader…
Global oil majors continue to lobby concessions for opertations on the Russian Arctic shelf; Eugene Gerden reports. Amid the fierce critics from the global environment organizations, the Russian government continues to create conditions…
The Kashagan oilfield development in Kazakhstan may be delayed to restart if testing next month reveals that cracks remain in the offshore portion of its pipeline. According to the North Caspian Operating Company (NCOC) sulphur-stress cracking “is the root cause of the pipeline issues…
Roc Oil has farmed out its entire interest in the Baker Manta Gummy (BMG) fields in the Bass Strait. The Australia-based firm sold its 50% interest and operatorship to Cooper Energy Ltd. for a US$924,959 cash payment, followed by a A$5 million contingent consideration…
PETRONAS and Shell have made an oil discovery offshore Sabah, Malaysia. The discovery was made via the Limbayong-2 well during the appraisal of the Limbayong gas field by Shell. The appraisal well encountered 136 metres of oil bearing sands…
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