BP has set its sights to extend its Azerbaijan presence until 2050, as the UK supermajor is expected to sign a deal at the end of the month for one of the world’s largest oilfields. The ACG field…
Johan Sverdrup is the largest ongoing project in the North Sea. Elaine Maslin looks at Statoil’s progress, cost reduction and technology use on the development. How it will look: Johan Svedrup…
Mermaid Maritime has inked US$26 million worth of contract in the Middle East and Southeast Asia. In the Middle East, the DP2 dive support vessel the Mermaid Endurer has been carrying out a 30-day project on a DSV - ROV - SAT and air…
Odfjell Drilling, on behalf of Golden Close Maritime Corp., inked a two-well contract for the ultra deepwater drillship, Deepsea Metro I with an undisclosed party in Southeast Asia. The deal will see the Deepsea Metro I drill two firm…
The NAGA 2 self-elevating mobile offshore drilling unit is set for mobilization to the Ophir oil field offshore Malaysia, according to Octanex. Map of the Ophir field, from Octanex. The…
Jadestone Energy has withdrawn from the Bone production sharing contract (PSC) offshore Indonesia, with partner AziPac ready to take over. Map of the Bone PSC, from Jadestone. The…
Wild Well Control purchased subsea capping equipment from Shell EP Wells Equipment Services BV. Wild Well’s WellCONTAINED capping stack located in Singapore. Image from Wild Well. The…
China has successfully mined flammable ice, or natural gas hydrates, at the Shenhu area of the South China Sea. Image from iStock The mining of gas hydrates marks a major breakthrough that could lead to a global energy revolution…
Ophir Energy has reached a final investment decision (FID) for the fourth phase of its Bualuang oil field in the Gulf of Thailand, with first oil set for next year. Operations in the Gulf of Thailand…
Italian giant Eni has gotten a jump-start at its deepwater Jangkrik Development Project offshore Indonesia, starting gas production ahead of schedule. The Jangkrik FPU. Image from Eni Twitter. Jangkrik consists of two gas fields…
Tidal energy firm Atlantis Resources has signed a strategic partnership agreement (SPA) with South Korea's Hyundai Engineering & Construction over collaborating on ocean power renewable projects, including targeting a 100MW tidal stream project in South Korea…
Wood Group has secured a new framework agreement to provide study engineering for North Caspian Operating Company’s (NCOC) offshore and onshore asset portfolio in Kazakhstan. The contract extends Wood Group’s support of NCOC. The company…
Schlumberger (SLB) has released their new SpectraSphere fluid mapping-while-drilling service at the 2017 Offshore Technology Conference in Houston, Texas. The service delivers downhole fluid composition during drilling with real-time pressure measurements-while-drilling…
Total has started production from the offshore Badamyar project, 220km south of Yangon, Myanmar. The project will enable an extension of the Yadana gas field’s 8 Bcm per year production plateau beyond 2020. The Badamyar project involved installing a new wellhead platform…
Susan Gourvenec offers a down under outlook for decommissioning offshore oil and gas facilities. Operating pipelines provide habitat for marine life. Photos from Woodside. Australia’s…
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