The Noble Bob Douglas drillship has drilled the Araku-1 exploration well offshore Suriname to a total depth of 2,685 metres (8,809 feet) for operator Tullow Oil Plc. The company said that no significant reservoir quality rocks were encountered although logging and sampling proved the…
Subsea systems are used in offshore oil production where subsea production systems reduce costs associated with topside facilities, while subsea processing systems work as ideal solutions for enhanced oil recovery in matured offshore wells. Increasing oil production from offshore sources across the North Sea, Brazil,…
Transocean-owned new-build ultra-deepwater drillship Deepwater Pontus has started operations for Shell in the US Gulf of Mexico. Transocean said in its fleet status report on the 26th October that the Deepwater Pontus drillship began its ten-year contract with Shell in late October. The drillship is…
Côte d’Ivoire’s Direction Générale des Hydrocarbures (DGH) and PETROCI, the national oil company, have contracted CGG and its local partner, Harvex Geosolutions, to conduct an airborne multi-client programme of gravity, gravity gradiometry, and magnetic data over the country’s onshore and shallow offshore basins. CGG…
Norwegian engineering and construction services company Kvaerner posted a smaller profit and revenues for the third quarter of 2017 when compared to the last year’s period but the company now sees more prospects ahead. On the 27th October the Norwegian company posted a profit of…
Iraq has resumed pumping oil from a field in the disputed Kirkuk province, the first sign that output is recovering from last week’s fighting between government troops and Kurdish forces which hobbled pipeline exports from OPEC’s second-biggest producer. Iraq’s central government, which rejected a Kurdish…
Serbia’s Naftna Industrija Srbije (NIS) JSC, Novi Sad, has started construction of its long-planned deep conversion, or bottom-of-the barrel (BOTB), complex as part of an ongoing modernisation programme to improve energy efficiency, boost production of higher-quality products, and ensure operational reliability at its 4.8 million-tonne/year…
The infill drilling programme has started on the Tambar development project offshore Norway, according to partner Faroe Petroleum. The Aker BP-operated Tambar development project consists of two new infill wells and the installation of gas lift in three existing wells to increase overall field…
Winds of change are afoot in the US government’s energy-regulating bodies, and consequently, new access to the US Outer Continental Shelf (OCS) is on the horizon for oil and gas companies. As it stands today, 94% of the US OCS is closed to oil…
TransCanada Corporation has entered into an agreement to sell its Ontario solar portfolio comprised of eight facilities with a total generating capacity of 76 megawatts to Axium Infinity Solar LP, a subsidiary of Axium Infrastructure Canada II Limited Partnership, for approximately US$540 million. The…
