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Aug 2014

  • ABS to class second-generation ultra-deepwater offloading unit

    HOUSTON -- ABS has been selected to class the Remora HiLoad dynamic positioning (DP) BR loading unit, a second generation of the HiLoad DP system that connects to and keeps conventional tankers in position during crude oil offloading from floating production installations. Traditional offloading methods using a mooring buoy solution can be expensive in ultra-deepwater fields such as those in Brazil's Santos basin. Addressing the need for a cost-effective and flexible offloading solution in remote regions and harsh environments, Norway-based Remora AS developed the HiLoad technology over 14 years to provide a direct offloading method that can deliver cost savings while exporting crude oil from ultra-deepwater areas.

    Production, Offshore, Deepwater, South America Read More

Apr 2014

  • Abu Dhabi to complete technical review of oil bids in weeks

    ABU DHABI, UAE (Bloomberg) -- Abu Dhabi’s state oil producer is almost finished reviewing technical aspects of international companies’ bids to develop the biggest onshore crude deposits in the emirate, two people with knowledge of the situation said.

    Production, Industry Overview, Middle East Read More

Apr 2014

Apr 2014

Apr 2014

Apr 2014

Apr 2014

  • AGR wins NCS frame agreement with Premier Oil

    AGR wins Frame Agreement with Premier Oil for well management and field development well planning support OSLO, Norway AGR has been assigned by Premier Oil to deliver a range of services within the Norwegian Continental Shelf (NCS). The contract period

    Exploration, Drilling and Completions, Production, Europe Read More

Apr 2014

  • Age of gas seen as sideshow as producers look to oil

    NEW YORK (Bloomberg) -- The “golden age of gas” that the International Energy Agency foresees as a result of the U.S. energy boom is hardly the future being embraced by industry executives. At least based on comments from company officials presenting at the Independent Petroleum Association of America’s conference in New York yesterday. For them, oil is still the prize. Gas is almost an afterthought.

    Production, Industry Overview, North America Read More

Mar 2014

  • 50 million tonnes of LNG produced on Sakhalin Island

    YUZHNO-SAKHALINSK, Russia -- The LNG plant operated by Sakhalin Energy has now produced 50 million tonnes of LNG. Since February 2009, Sakhalin Energy has supplied 769 cargoes of LNG. The bulk of the product has been shipped to Japan and South Korea. Also, Sakhalin-2 LNG was delivered to China, India, Thailand and Taiwan. The output of both trains of Sakhalin Energy LNG plant is already sold under long-term contracts.

    Production, Industry Overview, Europe Read More

Mar 2014

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