FutureOn, the global software company specialising in the energy sector, has designed a tool for the next-generation energy engineer that will impact project economics across the full lifecycle.
Aker Solutions has delivered yet another steel substructure for the largest industry project ever in Norway, the Johan Sverdrup field.
Equinor (operator) and ExxonMobil, Petrogal Brasil and Pré-sal Petróleo SA (PPSA) have decided to develop phase one of the Bacalhau field in the Brazilian pre-salt Santos area. The investment is approximately 8 billion USD.
The Department of the Interior has suspended all activities related to the implementation of the Coastal Plain Oil and Gas Leasing Program in the Arctic National Wildlife Refuge pending completion of a comprehensive analysis under the National Environmental Policy Act (NEPA).
ExxonMobil says it has made a discovery at Longtail-3 in the Stabroek Block offshore Guyana.
Gastech, the world’s largest exhibition and conference supporting the gas, LNG, hydrogen, and energy industry, will take place in Dubai, at the Dubai World Trade Center, from September 21-23, 2021.
The release of the IEA’s Roadmap to Net Zero by 2050 report on May 20, is a potential bombshell for the industry as it concludes that ‘Beyond projects already committed as of 2021, there are no new oil and gas fields approved for development in our pathway.’ The industry now faces some stark choices on the path to take.
The discovery of the Magnus oilfield in 1974 catalysed a major leap for subsea controls systems. At the time, producing from satellite wells just a mere 5km away was the limit of what could be practically achieved with direct hydraulic controls.
Decom North Sea (DNS) has collaborated with academics at Edinburgh Business School Heriot-Watt University to publish a report investigating the prevalence of reuse and a circular economy within decommissioning and recovery of offshore platforms based on the UKCS.
In a move to take lead in delivering advances in digital rig scheduling, energy software solutions provider, AGR Software, is to acquire the Deloitte Digital portfolio application, ‘RIG’.
Talos Energy Inc. has provided an update regarding successful drilling operations on the Company's Tornado 3 sidetrack well ("Tornado Attic" well), which successfully discovered pay in-line with pre-drill expectations. Talos holds a 65.0% working interest in the Tornado field and is the operator with Kosmos Energy also holding a 35% working interest.
Subsea 7 S.A. has confirmed the award of a major(1) contract by Equinor to Subsea Integration Alliance(2) for the Bacalhau field development located 185 kilometers from the coast of the state of São Paulo, Brazil.
C-Kore Systems recently completed another successful campaign with VAYCO Oil tools and their Nigerian partner Cranium Engineering for a major oil operator offshore Nigeria.
The Dales Voe decommissioning facility in Shetland, operated by Veolia and Peterson, is one step closer to becoming a center of innovation for recycling offshore structures from the North Sea, following the successful collapse of the Ninian North platform using explosives for the first time.
Unlocking the value of process data through digital transformation not only offers oil and gas operators huge benefits it is also an essential step for businesses to remain efficient and competitive in the future.
McDermott International, Ltd. has completed work on Reliance Industries Limited KG-D6 Satellite Cluster Project, off the east coast of India.
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