New products, more data and leaner ways of working can change the way the industry identifies, develops and produces reserves. AnTech’s Tim Mitchell outlines the role fiber optics have to play. AnTech’s hybrid wellhead outlet…
Despite oil’s instability over the last few years, the underwater vehicle market is set for modest growth as well as a breakthrough in resident vehicle technology. Emma Gordon reports. Subsea 7’s AIV…
Elaine Maslin reports on the year’s top discoveries to date. The largest discoveries were smaller in 2016, but the average ranged between 396-524 MMboe. Atwood Oceanic’s Atwood Achiever drillship…
Seeking additional gains from subsea wells on a tight budget has paved the way for the implementation of a new technology to the market. Elaine Maslin reports. Helix’s Compensated Coiled Tubing Lift Frame in its operational position…
After more than three decades’ production, the mighty Murchison platform was finally down-manned this year. Work to dismantle the 25,000-tonne topsides is ongoing. Elaine Maslin reports. CNR International’s…
The Organization of the Petroleum Exporting Countries (OPEC) has confirmed its decision to implement a new OPEC-14 production target of 32.5 MMb/d effective 1 January 2017 to accelerate the ongoing drawdown of the stock overhang and bring the oil market rebalancing forward…
Trendsetter Engineering has opened its Global Readiness Center (GRC) in Houston that will be dedicated to providing enhanced subsea well control response capabilities to the global market. Trendsetter’s GRC is located within a designated…
Royal IHC has entered into a contract with Shanghai Salvage in China for the supply of an integrated 550t reel lay system, making it the first reel lay system in the Chinese market. Illustration from Royal IHC…
Aker BP has awarded a new frame agreement to DNV GL, covering a wide range of safety, verification, inspection and classification services across its installations on the Norwegian Continental Shelf. The five-year contract, which includes options for extension…
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has issued a Call for Bids in the Labrador South Region under its Scheduled Land Tenure Regime. Call for Bids NL16-CFB03 (Labrador South Region) covers 10 parcels over a total 2…
Energean Oil & Gas's exploration license over the West Katakolon field has been converted to a 25-year exploitation license with immediate effect. The West Katakolon Exploitation area is part of the Katakolon Concession Area and covers 60sq km area with about 10 MMbbl recoverable oil…
Work to repair five separate areas on board floating production unit FPF-003, operated by Petrofac South East Asia Pte, using SPS has been completed on-station in the Mubdala, Jasmine oil field, off the coast of Thailand. The repair work on this ABS classed vessel…
Aibel has been awarded a front-end engineering and design (FEED) study into the installation of a new gas module on Statoil's Troll C platform offshore Norway. The contract also has an option for the implementation of the project itself…
Centrica is planning a US$637 million subsea tieback development of its 48 MMboe recoverable Oda field in the Norwegian North Sea. Oda, previously called Butch, was discovered in 2011, in 65m water depth about 250km southwest of Stavanger and 13km east of the Ula field…
Africa Energy Corp. has entered into a farmout agreement with a subsidiary of Pancontinental Oil & Gas pursuant to which Africa Energy will acquire a 10% participating interest in Petroleum Exploration License 37 offshore, Republic of Namibia (PEL 37)…
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