Technip's Deep BlueShell has chosen Technip to develop subsea infrastructure at Cardamom field in the U.S. Gulf of Mexico, the Paris-based engineering firm announced on 9 November 2012.Technip's lump sum contract covers project management…
The Shell Petroleum Development Company of Nigeria Ltd (SPDC) has shut down the Imo River Trunkline in its Eastern operations after it found several crude theft points on the facility. Production of some 25,000 barrels of oil per day is deferred…
‘BW Offshore's Yùum K'ak' Náab FPSO has been producing Pemex' KMZ field in the Mexican sector of the Gulf of Mexico since 2007. BW is also supplying the first FPSO for the US sector of the Gulf of Mexico. The BW Pioneer is moored at Petrobras'…
Alexei Miller, Chairman of the Management Committee of OAO Gazprom, and Dr. Kurt Bock, Chairman of the Board of Executive Directors of BASF SE, have signed a legally binding basic agreement detailing key terms and conditions on swapping assets…
Global upstream spending ballooned by 47% in 2010, driven by substantial investments in the US and Latin America, IHS reported. In the IHS Herold 2011 Global Upstream Performance Review, the information service said capital spending among 221 oil & gas companies reached $558 billion in 2010…
Samara-NaftaHess will persue plans to sell its Russian subsidiary Samara-Nafta, the company announced on 12 November 2012.Samara-Nafta, which was established in 1998, produces approximately 50,00 boepd in the Volga-Urals region.Goldman…
The oil & gas industry is no stranger to water injection and waterflood methods to increase recovery. One operating company is working out details on how to tailor the water used in waterflooding techniques to boost offshore recovery rates. Jennifer…
While onshore field hands in the southern US have likely seen many armadillos around oilfields, Flexlife is responsible for deploying the Armadillo offshore. In this case, however, it’s not the quirky-looking animal with an armor-like shell…
Some notable heavy oil projects offshore Brazil are entering advanced phases to increase or maintain production. Russell McCulley reports from Rio de Janeiro on the latest developments at three Campos Basin fields – Statoil’s Peregrino, Petrobras’…
AGR announced it will coordinate a multi-well, multi-client drilling campaign on behalf of four international operators. The expected revenue from AGR engagement is $22 million (NOK 130 million).The company will provide well project management and operational support on behalf of RWE Dea Norge AS…
'There are 'suspicions' that [Gazprom] has prevented alternative sources of natural gas from and into European countries, applying inappropriate practices, exploiting its position as the dominant supplier of natural gas to Europe.'It took time but it eventually happened…
As the tension between Israel and Iran ratchets up, an interesting sub-text has developed over the role of Iran’s traditional backer, Russia. While many Western observers continue to raise the spectre of a ‘wider Middle East conflagration’, and one that could drag in Russia…
Oil & Gas UK and Decom North Sea held a sell-out Offshore Decommissioning Conference in Dunblane, Scotland, in October. Meg Chesshyre listened in.Sponsored by Aker Solutions and Wood Group Engineering (North Sea) and delivered in association with the UK’s Industry Technology Facilitator (ITF)…
‘An exciting future for the subsea business' was predicted by Ross Kinnear, head of subsea operations in BP's North Sea SPU, when he addressed Subsea UK's annual flagship conference in Aberdeen last month. David Morgan reviews some of the Subsea 2011 highlights…
DNV and Norway’s Fridtjof Nansen Institute released a joint study during ONS calling for improved technology, better spill response preparation and greater co-operation among stakeholders in order to safely develop Arctic resources. The study…
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