UK-based independent Premier Oil has completed its deal to by E.ON's UK North Sea assets. On 13 January 2016, Premier announced that it had agreed to acquire the whole of E.ON's UK North Sea assets for a net consideration of US$120 million鈥
Italian geotechnical firm GAS has been appointed to perform survey and positioning support activities for the Chirag oil project offshore Azerbaijan. The work scope covers the laying of 8.33km of the 18in water injection pipeline and鈥
First gas from Total鈥檚 Laggan and Tormore gas and condensate subsea-to-shore development has finally been achieved. Originally due on stream at the end of 2014, the Laggan-Tormore development, has suffered delays, resulting in massive costs for onshore contractor Petrofac鈥
Reusing wells on the Norwegian shelf can be good business. This is why the Norwegian Petroleum Directorate (NPD) is skeptical of the proposal to plug wells as a measure to keep drilling rigs in activity. As resource steward, the NPD wants鈥
During 云顶赌场老虎机 Europe, a panel of leading international industry experts will discuss the preconceived perceptions that students and graduates have of a career in oil and gas, and how they differ from the experiences of those operating in the sector鈥
Wood Group acquired BETA Machinery Analysis (BETA), a Calgary-based engineering consultancy specializing in advanced vibration analysis in a deal valued at US$14.3 million. BETA鈥檚 expertise in advanced vibration, pulsation stress鈥
OneSubsea has been awarded a US$330 million subsea production systems contract for a gas project offshore North Africa. The scope of supply for the 13-well development includes subsea production equipment, tooling, and installation and commissioning services鈥
Kosmos Energy hit additional hydrocarbon pay at its Tortue-1 exploration well offshore Mauritania, western North Africa. Mauritania map. From Kosmos. Tortue-1 is located in Block C8鈥
Karoon Gas Australia made a discovery at the Echidna-1 exploration well, the third in the Santos drilling campaign, offshore Brazil. Image from Karoon. According to the Australian company鈥
The rapid and aggressive response by oil and gas companies to low oil prices has stabilized the sector; the price required for companies to be cash flow neutral in 2015 has dropped by over US$20/bbl to $72/bbl. Wood Mackenzie believes further鈥
Statoil confirmed its second discovery in the Aasta Hansteen area with the Roald Rygg prospect in the Norwegian Sea. Map of Roald Rygg. From Statoil. The gas discovery was made at鈥
OE鈥檚 Audrey Leon spoke with Scott Cummins, Senior Vice President, Commercial, McDermott about the opening of Mexico鈥檚 oil and gas industry and what effects it will have on both McDermott and the industry at large. Welder鈥
OE鈥檚 Audrey Leon spoke with Dr. Bruno de Ribet, a geophysicist and technology global director at Paradigm, about the opening of Mexico鈥檚 oil and gas industry and what effects it will have on both the country鈥檚 seismic scene. Please explain鈥
Most of the Mexican side of the Gulf of Mexico remains unexplored. Dan McConnell explores the geotechnical knowns and unknowns in the basin. Acquiring geotechnical data for platform foundation design in Mexico鈥檚 Bay of Campeche鈥
Eckhard Hinrichsen analyses the race for oil and gas reserves as the market liberalizes. The Mexican energy industry is at last open to foreign companies. Investment opportunities abound as the important first licensing rounds loom. The鈥