Without higher oil prices, many new projects are thought to be uneconomic. Or are they? Douglas-Westwood recently reviewed more than 250 upstream capital projects sanctioned in the last four years to assess how industry costs are moving…
While it seems most Arctic exploration activity has slowed, it really depends on where you look. Bruce McMichael reports. Gazprom Neft’s Prirazlomnoye facility, in the Russian Arctic. Photos from Gazprom Neft…
DEA has submitted the plan for development and operation (PDO) for the Dvalin field (previously named Zidane) to the Ministry of Petroleum and Energy in Norway. Dvalin will be the company’s first operated field development project in Norway…
Emerson has agreed to acquire UK-based Permasense Ltd., a provider of non-intrusive corrosion monitoring technologies for the offshore and onshore oil production, refining, chemical, power, pipelines, metals and mining and other industries…
Balancing cost reduction with correct materials selection is key when it comes to problems such as hydrogen embrittlement, says William Hackett’s Tim Burgess. Welded chain sling link cracked. Images from William Hackett…
Production has resumed at the Goliat field early Tuesday morning (27 September), in the Norwegian Barents Sea, according to operator Eni Norge. Eni says full production is expected to be reached shortly, with full reinjection of gas and produced water…
Halliburton (HAL) has released the Acoustic Conformance Xaminer service (ACX), a technology designed to help operators identify and pinpoint wellbore leaks by analyzing sound waves that describe flow patterns in the formation and casing. The…
Petroleo Brasileiro (Petrobras) is once again decreasing its capex by 25%, the company revealed as part of its 2017-2021 business and management plan today (20 September). Libra operations. Image from Petrobras…
Statoil, Centrica and ExxonMobil, and Tord Lien, the minister of petroleum and energy, celebrated the 5 billion boe mark that has been delivered by Statfjord since first oil in 1979 today (19 September). Arne Sigve Nylund (left)…
The Petroleum Safety Authority Norway (PSA) has given Statoil consent to use the Scarabeo 5 mobile drilling facility for well intervention in well 34/7-A-10H on the Snorre field. The activity is scheduled to begin in September and to last 22 days…
Frank’s International provided its FA-1 casing running tool (CRT) for a project in the Gulf of Mexico that the company says established a new worldwide milestone in casing while drilling (CwD) operations. FA-1 was modified for 30in casing…
Mexican national oil company Petróleos Mexicanos (Pemex) has made six oil discoveries offshore Mexico, with one particular find holding 140-160 MMboe of potential reserves. The company also revealed its plans to drill more than a dozen offshore exploration wells next year…
Petrobras’ daily oil and natural gas production for the month of August totaled 2.84 MMboe, 2.72 MMboe of which was produced in Brazil and 0.12 MMboe was produced abroad. Brazil registered record oil and gas monthly production in August…
Ophir Energy restarted production at the Bualuang field in the Gulf of Thailand on 2 September after a 10-day shut down, following the completion of the final tie-in work of a water debottlenecking project. This was a highly complex brownfield…
Endeavor Management has opened participation in its latest joint industry project (JIP) – Best Practices for the FPSO Industry. Image of the Cidade de Marica, from SBM Offshore. In today’s price environment…
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