GE Oil & Gas announced the booking of an US$850 million order across its oil and gas business for the supply of equipment to the Offshore Cape Three Points (OCTP) block, Ghana. The OCTP block is located in offshore Ghana at a water depth of 500-1100 meters…
In this video, Eni shows the Goliat’s voyage from Korea to the Barents Sea. Eni’s operated cyclindrical floating production, storage and offloading (FPSO) platform was built in South Korea and is now operating in the Barents Sea…
Singapore-based KrisEnergy began its drilling campaign in the Gulf of Thailand. The Key Gibraltar. From Shelf Drilling. The campaign is starting at the Rossukon-2 exploration well…
While Mozambique’s previous two oil and gas licensing rounds have had limited success, the country will be hoping that recent discoveries and its revised fiscal environment will create an investment boost during its latest bid round, says research and consulting firm GlobalData…
Archer began to permanently plug and abandon (P&A) 12 gas wells on Statoil’s Heimdal platform in the Norwegian North Sea using its newest rig. The Archer Topaz modular rig. Photo from Archer. The…
Phase 12 of the giant South Pars gas field has been brought online in a ceremony involving Iranian president Hassan Rouhani. Phase 12, described as the biggest phase of the development of the South Pars field, officially launched operation…
Swedish independent explorer Lundin Petroleum's Gemini well on production license 338 C has been declared a dry hole. Wildcat well 16/1-24 on Gemini was drilled about 10km southwest of the Edvard Grieg field in the central part of the North Sea…
The European Marine Energy Centre (EMEC) and The Crown Estate have published a report on the performance of subsea cabling in high energy environments to support the development of commercial wave and tidal energy sites. The key aim of…
Petrobras started production from the P-61 platform at the Papa Terra heavy oil field, offshore Brazil, the operator confirmed on 16 March. The P-61 is a tension leg wellhead platform (TLWP), the first of its kind to be installed offshore…
It’s been five years since BP’s Deepwater Horizon spill and in a new report, the company says that the GoM is returning to its baseline condition. Image of Deepwater Horizon. From USCG. According…
Rosneft sent North Atlantic Drilling Ltd. (NADL) a notice of termination for the West Navigator, in connection with a framework agreement between the two companies. The West Navigator. From NADL. The…
Eni made a significant gas discovery offshore Libya and found more gas than anticipated at its Merakes-1 well offshore Indonesia. Libya find Eni activity in Libya. From Eni. Eni…
Italian giant Eni is investing an estimated US$5 billion dollars for the development of oil and gas resources in Egypt, including the development of 200 MMbbl and 1.3 TCF of gas. Image from Eni. Egyptian…
JDR opened a new service and maintenance facility in Port Harcourt and Lagos, Nigeria in partnership with Royal Niger Emerging Technologies. Image from JDR. In the agreement, which also establishes a long-term trade partnership…
Statoil, on behalf of the Johan Sverdrup partnership, awarded a US$133.5 million contract to ABB for land-based power supply to phase 1 of the Johan Sverdrup field development. The Johan Sverdrup concept…