Shell has reached an agreement with KUFPEC Thailand Holdings Pte Limited, a subsidiary of Kuwait Foreign Petroleum Exploration Company (KUFPEC), for the sale of subsidiary companies Shell Integrated Gas Thailand Pte Limited and Thai Energy...Lees verder
Troll B has produced one billion barrels of oil equivalent since it came on stream on 19 September 1995. Troll B and C combined have been the largest oil producer on the Norwegian continental shelf...Lees verder
Shell has started oil production from the Malikai Tension-Leg Platform (TLP), located 100-kilometres off the coast of the Malaysian state of Sabah.
Located in waters up to 500-metres deep, Malikai is Shell’s second deep-water project in...Lees verder
Statoil was today awarded blocks 1 and 3 in the Saline Basin in the Deepwater exploration tender in the Mexican Round 1.
The blocks cover an area of about 5,650 km2 (18,500 square miles) in...Lees verder
Statoil and Petrobras have completed their previously announced transaction, whereby Statoil has acquired Petrobras’ 66% operated interest of the BM-S-8 offshore licence in Brazil’s Santos basin.
BM-S-8 contains a substantial part of the Carcará pre-salt oil discovery....Lees verder
President Obama released the final version of his 2017-2022 Offshore Drilling plan today, determining whether or not new offshore oil and gas drilling will proceed in the next five years. The finalized plan stops offshore oil...Lees verder
Real-time data-driven service revolutionises how critical infrastructure is maintained – offering asset owners smarter, lower cost and safer operations.
Lloyd’s Register (LR), the global engineering, technical and business services organisation, has acquired RTAMO Ltd, a software...Lees verder
Vanwege de slechte marktomstandigheden in de olie- en gasindustrie, toenemende concurrentie, de combinatie van prijsdruk en ongunstige contractvoorwaarden op de windenergiemarkt en de sombere vooruitzichten voor de nabije toekomst heeft Heerema Fabrication Group (HFG) het...Lees verder
Manta was developed in co-operation with Fugro and combines technologies to provide a cost-effective alternative to high-end streamer data acquisition. The system leverages proprietary node technology, fully automated handling systems and innovative deployment methods, resulting...Lees verder
BP has taken the decision not to progress its exploration drilling programme in the Great Australian Bight (GAB), offshore South Australia.
The decision follows the review and refresh of BP’s upstream strategy earlier this year, which...Lees verder
Midden in de wereldwijde overgang van fossiele brandstoffen naar duurzame energie, opent het Maritiem Museum Rotterdam half december de ‘Offshore Experience. De tentoonstelling is de eerste in Nederland over de offshore, een sector waar ons...Lees verder
Shell announces today that production has started from the Stones development in the Gulf of Mexico. Stones is expected to produce around 50,000 barrels of oil equivalent per day (boe/d) when fully ramped up at...Lees verder
Statoil and Tullow Norge AS have agreed on a transaction whereby Statoil will increase its equity in four licences on the Norwegian continental shelf (NCS). The transaction includes the Wisting discovery in the Barents Sea.
“This...Lees verder
Statoil aims to conduct a major exploration campaign in several parts of the Barents Sea in 2017. The company is also strengthening its position in the area through several transactions with other companies.
“We have worked...Lees verder
Statoil and Petrobras took a step forward in strengthening their cooperation in Brazil by signing a Memorandum of Understanding (MoU).
The intention of the MoU is to evaluate joint participation in future tenders for exploration areas...Lees verder
Director General of the Norwegian Petroleum Directorate (NPD), Bente Nylund, announced at the ONS 2016 Tuesday that the Åsgard licence was awarded the NPD’s prize for improved oil recovery (IOR) for their Åsgard subsea gas...Lees verder
Gullfaks Rimfaksdalen (GRD) was scheduled for start-up on Christmas Eve this year, but the project has worked faster and now the field is on stream – at lower costs than planned.
“I am pleased to see...Lees verder
Statoil and its partners today submitted the Plan for Development and Operation of the Byrding oil and gas discovery in the North Sea to government authorities. Capital expenditures estimated at approximately NOK 1 billion, recoverable...Lees verder
Inspectors of Lloyd’s Register are optimising inspection regimes thanks to their accredited inspection status using the OVID web based inspection tool to reference inspection reports. “OVID has been designed to provide a number of positive benefits...Lees verder
Petrobras have agreed that Statoil will acquire Petrobras’ 66% operated interest of the BM-S-8 offshore licence in Brazil’s highly prolific Santos basin. The acquisition includes a substantial part of the Carcará oil discovery, one of...Lees verder