Saipem and JGC fight for Abadi FLNG contract Click to view largerSubsidiaries of Saipem and JGC Corp. have won FEED contracts for Inpex's Abadi FLNG facility off Indonesia, Inpex announced on 23 January 2013.PT Saipem Indonesia and PT…
Delegates at the Arctic Technology Conference, held recently in Houston, examined the potential of the region to the oil & gas industry. Victor Schmidt and Nina Rach listened in.Two Russian icebreakers create a wide path for the LNG carrier…
Natural gas is still not a global fungible commodity, although the LNG trade steadily grows as projects and the global fleet expand. ExxonMobil thinks that worldwide natural gas use will grow more than any other fuel – by 65% over the next 30 years…
Shell drillship finds safe harbor at Kiliuda Kulluk in transit (Photo: Coast Guard Operations Specialist 3 Dale Arnould.)Recovery teams were able to tow Shell’s Arctic-class drillship The Kulluk to Kiliuda Bay where it is now anchored at a safe harbor at Kodiak Island…
Anadarko was a winner in New Zealand’s offshore block offerings in 2012. Anadarko walked away with two permits in the Pegasus Basin south of Wellington. Shell and partners OMV and Mitsui came away with one block in the Great South Basin off Dunedin.
BG Group has elevated Chris Finlayson to chief executive officer. He came to BG in 2010 after spending 33 years with Royal Dutch Shell. Finlayson replaces Sir Frank Chapman, who has served as CEO of the BG Group since 2000.
AGR’s Petroleum Services in three-year accordPetroleum Services, part of AGR has been awarded a well management contract from independent Norwegian E&P company Noreco.The agreement commenced January 1, 2013 and includes well management services for an initial 3 year period…
Shell drillship Kulluk ran aground off AlaskaKulluk aground (Photo: USCG)Calmer weather has allowed a recovery team to board Shell’s Arctic-class drillship, The Kulluk, which ran aground on 31 December 2012.During tow from Alaska to Seattle…
Statoil receives 14 licenses during APA roundMinister of Petroleum and Energy Ola Borten Moe (Photo: Lise Rist / OED)Forty companies walked away with shares in 51 new production licenses as part of Norway’s 2012 APA Round, the country’s…
Chevron and its 50:50 joint partner Shell have scored two gas finds in the Exmouth Plateau of the Carnavon Basin off Western Australia. Pinhoe-1, drilled to 13,396ft TD, encountered 197ft of net gas pay in the Barrow and Mungaroo Sands. The Arnhem-1…
Increased automation offshore means oil & gas companies have far more systems that are vulnerable to computer viruses. Gregory Hale and Richard Sale investigate how onshore attacks have led companies to reassess security concerns.Major oil companies…
Shell's PreludeShell and TSC team up on future LNG projects Shell Gas & Power Developments B.V. (Shell) and the Technip Samsung Consortium (TSC) have signed a heads of agreement to enhance collaboration on the design, engineering, procurement…
Last month, Noble Energy, the Houston company that has played a vital role in drilling and confirming massive deepwater natural gas deposits (some of the largest in recent memory) in Israeli and Cypriot waters, announced a 30% sale of the Leviathan field to Australia's Woodside for about $2…
For years the oil & gas industry has faced a looming skills shortage: older, more experienced personnel are leaving the business while an influx of new blood with limited experience is coming onboard. Finding solutions for this skill shortage was on the minds of attendees at the Galveston forum…
Rosneft's Moscow headquartersRosneft strikes $28B deal with AAR for TNK-BPRosneft has finalized an agreement to purchase AAR Consortium's (Alfa Group, Access Industries and Renova) 50% stake in TNK-BP for $28 billion, the company announced on 12 December 2012…
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