GE Oil & Gas is launching its next-generation SeaONYX blowout preventer (BOP) surface control system and operator interface at the 2013 Offshore Technology Conference (OTC). Designed for high-speed, reliable performance in the demanding deepwater drilling environment…
US oil and gas professionals are losing their appetite for risk and are worried about rising operating costs, as they grapple with the consequences of a tougher, post-Macondo regulatory regime, according to new research published today by GL Noble Denton…
In his State of the Union speech, President Obama cited America's aging energy, oil & gas and petrochemical infrastructure as cause for concern and that steps should be taken to fix issues before breakdowns occur. Failures and unplanned downtime become an increasing possibility as refineries…
The Board of Royal Dutch Shell today announced that Peter Voser, as Chief Executive Officer, has elected to retire from the Company in the first half of 2014. Peter Voser was appointed CEO with effect from July 2009 and has been an Executive Director since 2004…
Nordic Energy PLC, a company focussed on making investments in the North Sea oil and gas sector, is pleased to announce that NikOil Limited (‘NikOil’), a private company jointly owned by the Directors of Nordic, has been awarded by the Danish Government the 3…
Total announces that the Ivoire-1X exploration well, located in the western portion of Block CI-100 in 2,280m of water, encountered 28m of net oil pay in a series of about 100m of Cretaceous reservoirs. The oil in the abrupt margin geological play is light 35 API oil…
NorSea Group, the leading supplier of base services and integrated logistics systems to the Norwegian oil and gas industry, and the Scrabster Harbour Trust in Caithness have just signed an agreement which will result in major investment and new job prospects for the local economy…
The crude oil production of five major international oil companies: Exxon, BP, Shell, Chevron, and Total, has fallen by 25.8% over the past 12 years. This follows an historic high in 2004, when total combined crude production reached 10.76 MMbo/d…
ExxonMobil has started drilling on the Dunquin prospect offshore the west coast of Ireland, partners in the licence said this morning. Drilling operations are expected to take several months to complete using the Eirik Raude semi-submersible drilling unit…
Lebanon's Petroleum Administration has revealed the results of a pre-qualification process to select companies who will be able to bid in its first offshore exploration round. Of 54 companies applying to take part, 46 have been approved to bid in the round…
Rosneft and Marubeni Corp. signed Memorandum of Cooperation in LNG project implementation and joint exploration and development of oil and gas fields on April 17, 2013 The document was signed by Igor Sechin, Rosneft President and Chairman of the Management Board…
Iona Energy Inc is pleased to announce today that the Department of Energy and Climate Change (DECC) has advised the Orlando joint venture partners that it has approved the Orlando Field Development Plan (FDP) submitted by the partners. The…
BMT ARGOSS (BMT), a subsidiary of BMT Group Ltd, has secured a long-term contract to provide an oil major with weather forecasting services for all its North Caspian Sea operations, both offshore and onshore. The scope of BMT’s work includes…
Premier Oil's Huntington field in the central North Sea came on stream on Friday using Sevan Marine's Voyageur Spirit FPSO.After an initial ramp up period, the field is expected to produce 25-30 kboepd (gross), said Premier. For Premier it is…
Salamander Energy found oil and gas pay at its South Kecapi-1 DIR/ST exploration well in the Botang PSC in the North Kutei basin off Indonesia. The well found a combined 40m of net oil and gas pay in high-quality, stacked, Pliocene channel sandstones…
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