Oil & Gas News

BP has awarded Kongsberg Digital a milestone contract to design, engineer, build, install, and perform acceptance testing of a sophisticated digital twin. In this case, it is a custom-built multi-purpose dynamic simulator (MPDS) for the Mad Dog Phase 2 project in the Gulf of Mexico.

Anadarko Petroleum Corporation (NYSE: APC) has announced it has received official approval from the Government of Mozambique for the Golfinho/Atum Field Development Plan. The Development Plan outlines the integrated onshore project from the reservoir to the LNG market and is a culmination of the substantial progress made to date on the technical and commercial aspects of the Anadarko-operated Mozambique LNG development.

Statoil and its partners have decided to invest just over NOK 5 billion in the further development of the Snøhvit field in the Barents Sea, which will provide feedstock for the LNG plant at Melkøya in Hammerfest.

McDermott International, Inc. (NYSE:MDR) and Baker Hughes, a GE company (NYSE:BHGE) have announced the selection of front-end engineering design (FEED) studies in advance of a substantial* engineering, procurement, construction and installation (EPCI) contract for BP’s Tortue/Ahmeyim Field Development, a major gas project located on the maritime border of Mauritania and Senegal.

An integrated operations support center and a drilling operations center will help reach Statoil’s ambition of increasing value creation from operated fields in Norway by more than 2 billion USD from 2020 to 2025 before tax.

U.S. Secretary of the Interior Ryan Zinke has announced a series of new initiatives to strengthen the federal offshore oil and gas inspection program. Zinke highlighted a risk-based inspection element and an increase in the amount of time allotted for physical inspection of offshore facilities as two of six initiatives that the Bureau of Safety and Environmental Enforcement (BSEE) will institute before mid-2018.

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