TechnipFMC has been awarded a subsea contract by Murphy Sabah Oil for the Phase 1A Block H Gas Development Project, offshore Sabah, Malaysia, in 1300m water depth. This contract covers the engineering, procurement, construction, installation and commissioning (EPCIC) of the umbilicals…
VNG Norge, on behalf of the PL 586 partners, has issued a letter of intent (LOI) to TechnipFMC for the Fenja field development project (formerly known as Pil and Bue). The LOI covers the EPCI (engineering, procurement, construction and…
Tullow Oil and partner Sterling Energy have decided to exit Block C-10 offshore Mauritania after determining the block’s prospects did not commercially justify a third phase of exploration. Block C-10…
French operator Engie E&P has increased its resource estimate for the Cara field in the Norwegian sector of the North Sea and reached a 'concretization decision,' or feasibility decision gate, on the field. Engie says Cara contains 56-94 MMboe…
INEOS has completed its acquisition of the North Sea Forties Pipeline System (FPS) and associated pipelines and facilities and the Kinneil Terminal from oil major BP. The 235-mile pipeline system links 85 North Sea oil and gas assets to the UK mainland and the INEOS site in Grangemouth…
Trelleborg’s engineered products operation has supplied a bespoke, flexible rubber membrane to WETFEET, a US$4.03 million (€3.46 million), three-year research and development project designed to foster the exploitation of ocean wave energy…
Chevron has agreed a seven-year partnership with Microsoft which will see the internet giant become the oil major's primary cloud provider. Chevron says the move will 'accelerate the application of advanced technologies including analytics…
Independent Oil and Gas says it will drill a well on its Harvey license in the UK southern North Sea within two years, after a new report estimated 45-286 Bcf on the block. The competent person's report by ERC Equipoise says the…
Eco (Atlantic) Oil & Gas is plannig to drill a well on its Osprey prospect in the Cooper Block (PEL30) in the Walvis Oil Basin, offshore Namibia. Osprey is in about 500m water depth and has had several thousand kilometers of 2D seismic and a 3D survey…
Nexen Petroleum UK has awarded Maersk Drilling a contract for the drilling of three wells and options for nine additional wells at the Buzzard field in the Central North Sea. The drilling campaign is for the Buzzard Phase II Development Project and is planned to commence around July 2018…
Private equity backed independent Chrysaor says it is already maturing drilling opportunities after completing a deal to buy a major package of UK North Sea assets from Shell for up to US$3.8 billion. The deal sees Chrysaor become a major independent exploration company company in the UK…
McDermott International has won a letter of award from Reliance Industries for work on the KG-D6 subsea field development in the Krishna Godavari Basin offshore eastern India. McDermott will provide engineering, procurement, installation and pre-commissioning of subsea flowlines…
Last month (October 2017), Chevron approved plans for a commercial polymer EOR project on its UK North Sea Captain heavy oil field. Elaine Maslin looks at the broader prospects for EOR projects on the UKCS. For many fields on the UK Continental Shelf (UKCS) the clock is ticking…
Elaine Maslin reports on a new solution aimed at converting heat in subsea pipes into power, and then using that power to measure what’s going through those pipes. Hot Ring. Image from Exnics. “Hot…
With the entry of ExxonMobil, East Africa has entered the gas business for the long term. Can South Africa catch up? EIC’s Andrew Scutter sets the scene. Over the last decade, recent oil and gas discoveries across East Africa have made the region a key frontier for hydrocarbon exploration…
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