Karoon Gas Australia has announced that the company has received written notification from the Brazilian oil and gas regulator, the Agência Nacional do Petróleo, Gás Natural e Biocombustíveis (ANP), advising that the revised appraisal plan (PAD) for Karoon’s 65% owned Santos basin blocks…
Japan’s INPEX Corp. announced an updated expected production start-up schedule and raised the anticipated production capacity of the Ichthys LNG project, offshore Western Australia. Ichthys layout…
José Formigli has been appointed by Aker Solutions to serve as an adviser for overall strategic decisions and to join its innovation board. Formigli, a Rio de Janeiro native and engineer by training, has more than 30 years' experience in the oil and gas business…
Husky Energy has commenced production from a second oil well at the South White Rose extension drill center offshore Newfoundland and Labrador. The two wells are expected to ramp up to a combined net peak production of 15,000 b/d. South…
GE Oil & Gas signed a framework agreement with Statoil to provide subsea operations services for the Statoil’s operated fields Tordis, Vigdis, Snorre and Troll, located northwest of Stavanger. The agreement will be effective on 1 October 2015…
Origin Energy’s BassGas production has exceeded 60 TJ/d following the Yolla-5 development well coming online offshore Australia, according to partner AWE Ltd. Image of BassGas. From Origin. The…
Norway's Ministry of Petroleum and Energy approved plans for Wintershall’s US$1.8 billion (NOK 15.3 billion) Maria development, offshore Norway. Maria development plan. Image from Wintershall. The Maria field…
Nigerian operator Yinka Folawiyo Petroleum (YFP) has hit hydrocarbon pay at the Aje-5 production well on the OML 113 license, offshore Nigeria, according to partner Panoro Energy. Aje is an offshore field located in the western part of…
The recent rise in domestic crude oil production from 5.6 MMb/d in 2009 to 8.7 MMb/d in 2014 and the prospect of continued supply growth have sparked interest in the question of how the relaxation or removal of current policies, which restrict…
There is a big risk circling mature production installations where hardware that was once state of the art now poses a problem for managers on late-life assets. That risk is obsolescence. John Bradbury reports. BP’s Shah Deniz facility…
Getting to grips with the condition of older assets can be a difficult task. Stefano Copello outlines RINA’s approach to revitalization. The re-used jacket of the Nenè platform, owned by Eni Congo…
Hurricane Energy has proven commercial oil can flow from its fractured basement oil reservoirs West of Shetland – it’s next job is finding an economical solution to get it to market. Elaine Maslin reports. Artist's…
Europe is facing a tough downturn, but it will not last forever. Rystad’s Audun Martinsen takes a look. Clair Ridge modules onboard Dockwise’s Mighty Servant transport vessel earlier this year…
Flow visualization in horizontal wells is being improved thanks to carbon composite rods. Elaine Maslin takes a look. The yellow wireline mast suspends the top sheave and the pressure control equipment…
Rosneft succumbed to a drop in revenue and net income for 1H 2015, however came out ahead in its 2Q 2015 results with an increase of as much as 150%. Image from Rosneft. Revenue for 1H came in at US$46…
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