The oil and gas industry is responding to the low oil price environment with exploration budget cuts in 2015 which will average 30%, leading to suggestions that exploration activity could be significantly curtailed. However in an effort to drive value…
The Petroleum Safety Authority Norway (PSA) is investigating a fire that broke out on the Petrojarl Knarr floating production, storage and offloading (FPSO) in the Knarr field, North Sea. Petrojarl Knarr achieving first oil…
Tertiary recovery, or EOR (enhanced oil recovery), should become an integrated part of production operations, a senior executive from Shell has told a European offshore industry conference this week. Speaking at a special EOR workshop…
Long a bastion of Mediterranean oil and gas exploration and production, Italy's Edison is close to completing a deal on its latest assets in the UK North Sea and is eyeing its third hub in the wider North Sea region. Taking time out…
Total E&P Norge has chosen AVEVA’s Activity Visualisation Platform (AVEVA AVP) to support training activities on its Martin Linge topside platform in the North Sea. Image from AVEVA. Seeking…
Russian oil exploration giant Rosneft sent a cancellation notice to North Atlantic Drilling Company Ltd. (NADL) to terminate its contract for the Energy Endeavor jackup. The Energy Endeavor. From Northern Offshore…
Wärtsilä inaugurated its first unit at Porto do Açu in São João da Barra (RJ), Brazil. This is the first assembly plant and production unit for generator sets and azimuth thrusters in Brazil for Wärtsilä. Covering 4000sq m of floor space…
LR Senergy and EnergyOne formed a strategic alliance to support business development in Norway and internationally. LR Senergy’s Norway business, Senergy, has been acquired through a management buy-out and will now trade under the company name of EnergyOne AS…
Lundin Norway began drilling the 7220/11-2 appraisal well in the Barents Sea South. The Island Innovator. From Island Drilling. The Alta discovery is located 10-20km northeast of Lundin…
Norske Shell has awarded IKM Subsea a long term IMR and ROV service contract. The contract value including options about US$19.1 million (150 million NOK) and duration term is firm for five years, plus five yearly options. “We are…
Statoil awarded 4Subsea a contract for further development of the cloud solution WellSpot. 4Subsea and Statoil have developed WellSpot since 2011, in order to make data collection and analyses related to wellheads more efficient…
Bibby Offshore’s Asian division, Bibby Offshore Singapore (BOS), secured a contract with the Moattama Gas Transportation Co. (MGTC) to provide remote operated vehicle (ROV) pipeline inspection, remedial work and associated project management on its Southeast Asia asset offshore Myanmar…
KrisEnergy began its 570sq km 3D seismic survey in Block 120, offshore Vietnam using the CGG Amadeus vessel. Map from KrisEnergy. Block 120 overlies Quang Ngai Graben and Tri Ton Horst…
The first signs of a recovery in the oil price have been seen and opportunities are opening up in the Mediterranean for Europe to significantly reduce its reliance on energy imports, delegates at the 12th Offshore Mediterranean Conference (OMC 2015) heard this morning…
More than 14,000 oil industry professionals are expected to descend on the Italian city of Ravenna this week for the bi-annual Offshore Mediterranean Conference, starting today (25). The city is home to the country’s offshore oil and gas industry…
Subscribe
