Rex International Holding Maps Out Value Creation Strategy for NorwayApr 18, 2017Rex International Holding Limited, a new-generation technology-driven oil company, has mapped out a value creation strategy for its assets in Norway - particularly in the North Sea...
Total Brings Moho Nord Deep Offshore Project On StreamMar 16, 2017Total has started up production from the Moho Nord deep offshore project, located 75 kilometres offshore Pointe-Noire in the Republic of the Congo.
Brazil Announces Measures to Encourage Increased Investments in Oil and Gas SectorsMar 13, 2017The Brazilian federal government has announced a new policy to enhance and encourage investment in the oil and gas area in Brazil.
By Peter Howard Wertheim & Dayse Abrantes
TGS and Schlumberger Announce New Multi- and Wide-Azimuth Multiclient Reimaging Program in Central US GoMFeb 24, 2017TGS-NOPEC Geophysical Company (TGS) and Schlumberger have announced a new multi- and wide-azimuth (M-WAZ) multi-client reimaging program in the highly prospective Central US Gulf of Mexico.
Skarfjell Development Concept SubmittedFeb 16, 2017Wintershall and its license partners Capricorn, Bayerngas, Edison and DEA have selected a development solution for the Skarfjell field in the Norwegian North Sea.
Oil Discovery in the Filicudi prospect in the Southern Barents SeaFeb 13, 2017Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has made an oil and gas discovery in the main well 7219/12-1 and is presently drilling a sidetrack 7219/12-1A on the Filicudi prospect.
Chrysaor Acquires Asset Package from ShellFeb 1, 2017Chrysaor Holdings Limited, the UK oil and gas independent, is to acquire a package of assets in the UK North Sea from Shell UK Limited and its affiliates for a price of USD 3 billion.
BP Thunder Horse South Expansion Starts Up Ahead of Schedule and Under BudgetJan 24, 2017BP has announced that it has started up the Thunder Horse South Expansion project in the deepwater Gulf of Mexico 11 months ahead of schedule and USD 150 million under budget.
UKEF Supports GE Oil & Gas Contract with Major Energy Project in GhanaJan 17, 2017UK Export Finance (UKEF) has announced that it will provide USD 400 million in support for a GE Oil & Gas contract with Ghana’s Offshore Cape Three Points Project.
SNC-Lavalin Awarded 5-year Extension to GES+ Contract with Saudi AramcoJan 13, 2017SNC-Lavalin has announced that SNC-Lavalin Fayez Engineering (SLFE) has been awarded a 5-year extension to its existing GES+ contract with Saudi Aramco...
Shell Update on Pearl GTL ProductionDec 24, 2016Shell has announced its Pearl gas-to-liquids (GTL) plant in Ras Laffan Industrial City, Qatar, is currently operating at a reduced rate of production due to unforeseen maintenance...
CMP Products Targets Russian Growth with Moscow OfficeDec 8, 2016Cable gland and cable cleat manufacturer, CMP Products is cementing its presence in the Russian market, with the launch of a Moscow-based company...
Production Drilling Started on MarinerDec 4, 2016Statoil reports that production drilling has started on the Statoil operated Mariner field in the UK North Sea. Up to five wells will be drilled before the Mariner A platform hook up...
BP Approves Mad Dog Phase 2 Project in the Deepwater Gulf of MexicoDec 2, 2016BP has sanctioned the Mad Dog Phase 2 project in the United States, highlighting its long-term commitment to the country despite the current low oil price environment.
ExxonMobil Begins Production at Port Allen Aviation Lubricants PlantOct 28, 2016Exxon Mobil Corporation has announced that its Port Allen aviation lubricants plant has achieved full production for the entire line of Mobil Jet™ engine lubricants.
InterMoor Opens New Custom-Built Base in NorwayOct 26, 2016IOS InterMoor, an Acteon company, has announced the opening of its new mooring base in Fensfjord, Norway near Bergen.
Testing Pty Ltd Awarded 3 Pre-Commissioning Services Frame AgreementOct 26, 2016IKM Testing Pty Ltd has been awarded a pre-commissioning services Frame Agreement by DOF Subsea Australia.
New Chapter for the OGA as Government CompanyOct 3, 2016 Oil and Gas Authority (OGA) has been established as an independent government company by the UK Government. This formalises the transfer of...
Event to Highlight Cost-Cutting Potential of Decommissioning TechnologyAug 30, 2016Innovation’s key role in delivering operational benefits to decommissioning activities is set to be highlighted by an event which has been organised by...
Norwegian Continental Shelf to Bottom Out in 2017 Says Wood MackenzieAug 29, 2016USD 50 billion has been removed from Wood Mackenzie’s forecast of 2016-2020 capital investment in Norway. This is based on over 10 projects being deferred or scrapped to cut costs...
Increasing the Value of Johan SverdrupAug 29, 2016Quality in planning, project execution and improvement work increases the value of Johan Sverdrup, says Statoil.
Stepping Up Climate Change Efforts on the NCS Towards 2030Aug 18, 2016Statoil reports that the petroleum industry, under the direction of the Norwegian Oil and Gas Association, has announced its ambition to implement CO
2 reduction measures...
Breaking Down the Barriers to Export OpportunitiesAug 12, 2016Subsea UK in partnership with UK Export Finance (UKEF), will be running an event on 24th August to highlight how firms can overcome the financial challenges involved in selling overseas through government-backed guarantees and insurance.
Lloyd’s Register Secures Two major UKCS Projects from Oil & Gas AuthorityAug 4, 2016Lloyd’s Register has secured two of the four major UKCS projects recently tendered by the
UK’s Oil & Gas Authority (OGA) for the UK Continental Shelf (UKCS).
