The oil and gas industry is known for being cyclical, however, the current reality of a “lower for longer” oil price has made sanctioning large offshore projects financially unviable, Douglas-Westwood (DW) said. Many oil majors have opted to focus on subsea well tiebacks…
Castex Offshore had a successful flow testing of its Main Pass Hummer discovery well, offshore Louisiana, according to partner Petsec Energy. Flow rates were measured at restricted rates on variable choke sizes over the last three hours…
In this video from Shell, the supermajor shows its efforts, along with six other major oil and gas companies, to invest US$1 billion to reduce methane emissions and accelerate deployment of carbon capture utilization and storage. The companies…
Talos Energy has started production from its Tornado project within the Phoenix field, in Green Canyon Blocks 236, 237, 280 and 281, in the US Gulf of Mexico. Production, in about 822m (2700ft) water depth started on 27 October and…
Maersk Drilling and National Oilwell Varco (NOV) have entered into a five-year partnership to improve maintenance predictability for drilling equipment. The shared vision behind the partnership is to implement a new maintenance mind-set which…
Neptune Marine Services (Neptune) has opened a new office in Houston, Texas, operating under the name Neptune Subsea. The move will enable Neptune to provide the full suite of Neptune’s services to clients within the Gulf of Mexico and the Americas…
The US Department of the Interior (DOI) and Bureau of Ocean Energy Management (BOEM) released the final plan for the Outer Continental Shelf (OCS) lease sales for 2017-2022, excluding areas in the Beaufort and Chukchi Seas in the US Arctic…
The Amberjack debottlenecking project in the deepwater Gulf of Mexico (GoM) has been completed, expanding its infrastructure and increasing Green Canyon Block platform (GC-19) off-take capacity by 60%. Amberjack illustration…
Noble Energy's long-term plans has cut 60 jobs from its workforce, with 55 of them in Houston, and lays out plans for its offshore assets in the Eastern Mediterranean. Tamar operations, image from Delek…
Oil markets could be in for another bumpy ride, a new report from the International Energy Agency (IEA) says. The agency’s report also says that a true global gas market is upon us, in addition to the need to invest US$44 trillion in the global energy supply…
Danos has completed the fabrication of three boarding valve skids and one service line skid for Shell deepwater Appomattox facility. Requiring approximately 12 months to complete, the project engaged four Danos service lines, including project management…
BP and GE Oil & Gas announced the start-up of Plant Operations Advisor (POA), a new digital solution designed to improve the efficiency, reliability and safety of BP’s oil and gas production operations. POA is already helping BP manage the…
Repsol E&P sent an early termination notice to Rowan Companies last week, ending its contract for the Rowan Renaissance drillship effective immediately. “The company expects to continue to be paid by Repsol on a monthly basis through the original termination date of 22 April 2017…
Subsea cable and connector specialist Hydro Group appointed William (Bill) Mildon as president of newly formed Hydro Group Systems Inc. - a wholly owned subsidiary located in Pinellas County, Florida. Image of Mildon…
Douglas Stephens will assume the role of president and chief executive officer of Frank’s International effective 15 November 2016. Image of Douglas Stephens, from Frank's International. Stephens was most recently with Baker Hughes…
Subscribe
