Offshore Production News - page 293

 

Electric fault hampers Alvheim production

Nov 25, 2015

Due to an electric fault in the high voltage drive motor for one of the gas export compressors, the Alvheim FPSO will be running at reduced production for a period of approximately four weeks while the motor is being replaced. Currently…

NPD skeptical of plugging proposal

Nov 23, 2015

Reusing wells on the Norwegian shelf can be good business. This is why the Norwegian Petroleum Directorate (NPD) is skeptical of the proposal to plug wells as a measure to keep drilling rigs in activity. As resource steward, the NPD wants…

KrisEnergy gets Rossukon approval

Nov 23, 2015

The Department of Mineral Fuels (DMF), the government agency responsible for Thailand’s upstream petroleum industry, granted approval to KrisEnergy for the production area application (PAA) for for an area containing the Rossukon oil discovery in the Gulf of Thailand…

Paradigm releases Geolog 7.4, app

Nov 20, 2015

Paradigm released Paradigm Geolog 7.4, the latest version of its Geolog formation evaluation software suite.   Geolog 7.4 offers engineering functionalities that expand the product's reach into additional phases of the production cycle…

Claxton, LR Senergy form alliance

Nov 18, 2015

Claxton Engineering Services, an Acteon company, has formed a collaborative alliance with energy services firm LR Senergy to provide clients with an offshore rig-based decommissioning service. The new alliance builds on a long-established relationship between the two companies…

NEL tackles heavy oil

Nov 17, 2015

NEL, the UK-based flow measurement research and development specialist, has launched a joint industry project (JIP) to meet an urgent industry requirement to address the challenges of accurately measuring highly viscous, multiphase flows…

Mitsui acquires Kipper stake

Nov 09, 2015

Mitsui has reached an agreement with Santos concerning the acquisition of Santos' 35% working interest in the Kipper gas and condensate field offshore Southern Australia. The sales and purchase agreement was signed on 6 November 2015 between…

Schlumberger, Ikon Science in software agreement

Nov 09, 2015

Schlumberger and Ikon Science has announced an agreement to further develop the existing quantitative seismic interpretation capability in the Petrel exploration and production software platform. The collaboration will make high-value seismic…

BP fast-tracks Atoll off Egypt

Nov 05, 2015

Less than eight months after its discovery, BP and the Egyptian government signed a heads of agreement to rapidly progress the development of the Atoll deepwater field offshore Egypt as early as 2018. BP's…

Baker Hughes introduces new asphaltene inhibitor

Nov 04, 2015

Image from Baker Hughes. Baker Hughes announced the commercial release of FATHOM XT SUBSEA525 inhibitor that helps control asphaltene deposition in deepwater wells. The…

Petrobras affected by oil strike

Nov 04, 2015

Amid being the center of a major, worldwide bribery and corruption scandal, Brazil state-run oil company Petróleo Brasileiro’s (Petrobras) operations are being affected by the oil workers’ unions strike, and at the same time, the company received the resignation of one of its board members…

WoodMac: Key themes in 2016 for majors

Nov 04, 2015

Wood Mackenzie's corporate upstream research team has assessed Q3 results from the major oil and gas companies, identifying four key themes to look out in 2016.  Wood Mackenzie says the latest round of earnings results offered the industry…

Israel puts Leviathan on fast-track

Nov 02, 2015

Shortly before Houston-based Noble Energy released its Q3 2015 earnings, Israeli Prime Minister Benjamin Netanyahu said that the country intends to fast-track natural gas development, especially now that the country’s economic minister, Aryeh Deri…

Chevron onstream at Lianzi

Nov 02, 2015

Chevron subsidiary Chevron Overseas (Congo) began oil and gas production from the Lianzi Field, the company’s first cross-border project between the Republic of Congo and the Republic of Angola, offshore Africa. Map of Lianzi…

Surveying Mediterranean prospects

Nov 01, 2015

Jerry Lee reports on all the exploration and production activity currently ongoing in the Mediterranean and North Africa. The Maersk Discoverer drilling in Egypt’s East Mediterranean Sea. Photos from BP…

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