Upstream oil and gas investment on the UK Continental Shelf (UKCS) reached a record £13.5 billion this year, according to a new study. But, despite the high spending, production efficiency continues to be an issue in the North Sea, says Oil & Gas UK’s 2013 Economic Report…
Technip has joined forces with South African energy and chemicals firm Sasol to offer front-end engineering services on future Sasol gas-to-liquids (GTL) projects. The new alliance will also enable Technip to be part of the execution of GTL projects with Sasol…
Norway’s Statoil has awarded Aker Solutions a NOK250 million contract to carry out an extended concept study for a floating production system for the Johan Castberg oilfield development in the Barents Sea. The Johan Castberg field, in PL 532…
Sembcorp Marine has signed a memorandum of understanding (MOU) with Saudi Aramco and the National Shipping Co. of Saudi Arabia (Bahri), one of the largest shipping companies in the world, with the objective of preparing a detailed feasibility…
TGS has started expansion of a 2D multi-client survey off northeast Greenland.The survey, NEG13, will enable customers to prepare for the announced Greenland Licensing Round in 2013/2014. Due to favorable ice conditions, TGS expects to acquire 4…
Sulzer Pumps will supply 42 pumps for installation on two floating production storage and offloading (FPSO) vessels (P-66 and P-69) that will operate in the pre salt Iracema cluster areas located in the Santos Basin, off the coast of Rio de Janeiro…
Lundin Norway AS has plugged and abandoned well 16/4-7, northeast of the Sleipner Øst field in the central North Sea off Norway, after it was found to be dry. The objective of the well, in 91m deep water, was to prove petroleum in Jurassic…
Halliburton opened the expansion of its Malaysia Manufacturing and Technology Center in Senai, Malaysia, on August 17, 2013. The additional capability will allow the company to expand its delivery of high-quality products to meet the growing…
Petrobras published the drilling results for extension well 3-SES-175D (3-BRSA-1180-D-SES), known as Muriú 1, located in the BM-SEAL-10 concession area (blocks SEAL-M-347 and SEAL-M-424) in the ultra deep waters of the Sergipe Basin. The…
ABB has won an order to provide integrated solutions that include the electrical propulsion system, Azipod® CZ and automation system onboard two offshore accommodation vessels. The 1+1 ccommodation vessels will be built by COSCO (Nantong) ShipyardCo…
Vince Cable, MP, secretary of state for business, innovation and skills (BIS) is to speak at SPE Offshore Europe 2013 at one of the conference’s keynote sessions. The session, The technology imperative – collaborating today to realise the next 50 years of North Sea potential…
Austrian energy group OMV is to buy Norwegian and UK North Sea assets from Norway’s Statoil in a US$2.65billion deal. The deal will see OMV acquire 19% interest in the producing Gullfaks field and 24% in the Gudrun field, both oil and gas fields offshore the Norwegian Continental Shelf…
Dutch international coating contractor Venko, which specialises in fabric maintenance, has set up its first UK base in the Great Yarmouth and Lowestoft (New Anglia) Enterprise Zone. The company was attracted by the incentives offered…
Total E&P UK has awarded Ocean Installer a contract for the recovery of casing at the Tomintoul location, west of the Shetland Islands. The scope of the work involves the cutting and recovery of 472m of 20in. downhole casing from the seabed…
The Kanowit FLNG facility is under construction at Daewoo Shipbuilding & Marine Engineering (DSME) in Okpo, South Korea, where first steel was cut in June. Petronas Floating LNG 1 (Labuan) Ltd. signed a US$771million contract for engineering…
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