Production News

 

NEL offers high capacity testing

Jun 16, 2016

NEL has completed the latest upgrade phase of its wet gas test facility, in response to increasing industry demand. The upgraded facility has been designed to more accurately simulate the increased flowrates experienced during production and processing…

Lukoil spuds at Vladimir Filanovsky in Caspian Sea

Jun 15, 2016

Lukoil has commenced drilling operations at the Vladimir Filanovsky field in the Caspian Sea. The well is being drilled from an ice-resistant fixed platform, LSP-1, with first production set for 2H 2016. V. Filanovsky is the largest of all fields discovered in Russia in the past 25 years…

iXblue offers INS range for AUVs

Jun 14, 2016

The iXblue’s Phins Compact Family has been designed to offer the AUV industry players the ability to choose an inertial navigation system (INS) adapted to their vehicle. Based on iXblue’s fiber-optic gyroscope technology, Phins C3, C5, and…

Statoil approved for Rutil start-up

Jun 13, 2016

The Norwegian Petroleum Directorate (NPD) has granted its consent to Statoil and its partners in Gullfaks production license 050 to start-up the facilities on the Rutil deposit on Gullfaks South, and to start producing.  Illustration of Rutil…

Eni, BP hit big off Egypt

Jun 09, 2016

Italian giant Eni and 50:50 partner BP have confirmed a “new significant gas discovery” in the Baltim South West exploration prospect, located in the East Nile Delta offshore Egypt, with plans to drill two new wells in the area. Map…

IEA sees shifts in gas trade

Jun 08, 2016

The next five years will bring a reshaping of the global gas trade, the International Energy Agency (IEA) said in its 2016 Medium-Term Gas Market Report. New liquefied natural gas (LNG) supplies are coming online just as demand growth in some major markets weakens…

BP: Global energy demand only up 1%

Jun 08, 2016

BP’s compiled data from last year has revealed that global energy consumption has slowed further, with the mix of energy sources shifting towards lower-carbon fuels. Image from BP. In…

InterMoor completes Turritella work

Jun 08, 2016

InterMoor has successfully completed the final tensioning and chain cutting operations on the floating production, storage and offloading (FPSO) vessel, Turritella, for the Shell Stones project, located in the Walker Ridge protraction area in the Gulf of Mexico (GoM)…

Painting a rosy picture

Jun 01, 2016

Colin Welsh Good news at last! In recent months, I have endeavored to counter some of the gloom that has pervaded the oil business for the last eight quarters by highlighting fundamentals such…

Wireless wonder

Jun 01, 2016

Automating data collection reduces operator exposure to offshore hazards, as well as making it easier, says Emerson Process Management’s Craig Abbott. Statoil’s Gullfaks’ B platform. Photo from Statoil…

Payment on results

Jun 01, 2016

TNW is taking a brave step as it launches its new intervention service line. Elaine Maslin reports on the company’s new business model – payment on results. Mini-coil installations. Photos from TNW…

Downhole disintegration

Jun 01, 2016

A new concept in well tools could see one-off tools built, run and left downhole to disintegrate. Elaine Maslin reports. A computer graphic of the FLI design. Images from Well-Sense Disintegrating…

Making room

Jun 01, 2016

Choosing the right FLNG topsides equipment can be a complex process. Audrey Leon reports on some of the solutions presented by Black & Veatch at this year’s Offshore Technology Conference.  The Carribean FLNG unit…

Oil slump impacts Norwegian investment figures

May 27, 2016

Estimates for total investments covering oil and gas, manufacturing, mining and quarrying and electricity supply in Norway expected to fall in Norway in 2017, mainly due a decrease in oil and gas and manufacturing. The projection, from Statistics Norway…

Snorre B up 30% from triple well result

May 26, 2016

Old and partly lost slots that were given up as providers of new production triggered new solutions for Statoil’s Snorre B. The result was three wells with an average price of US$21.6 million (NOK 170 million), compared to NOK 490 as reference base…

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