To satisfy demand for new lifting capacity for offshore decommissioning and installation, MPU Offshore Lift ASA in July will begin construction of a concrete hull vessel at the...
In this article, we have updated and extended the refinery investment cost curves presented in Gary and Handwerk’s “Petroleum Refining: Technology and Economics.
Running extra-long intelligent bottomhole assemblies (BHAs) reduced rig time for completing wells in the ultradeepwater Independence project in the eastern Gulf of Mexico.
IPR Inc., Irving, Tex., and ONGC Videsh Ltd. (OVL), Mumbai, have made an oil discovery with the first exploration well on the North Ramadan concession in the Gulf of Suez.
Tullow Oil PLC, London, said it has reached agreement to sell to Japan’s Itochu Corp. a 20% interest in its Republic of Namibia Production License No. 001, which contains giant...
The world is consuming oil at a rate that will result in oil production peaking in 15 to 25 years, a group of geoscientists told the American Association of Petroleum Geologists...
Brooks Range Petroleum Corp. (BRPC), operator of the ADL 47468 lease on Alaska’s North Slope, has made an apparent discovery with one of two wells in the Gwydyr Bay Prospect Area...
Addax Petroleumwww.addaxpetroleum.comAgencia Nacional de Hidrocarburoswww.CaribbeanRound2007.comAir francewww.airfrance.comAirBridgeCargowww.airbridgecargo.comAmerican Petroleumwww...
NigerCNPC International Tenere Ltd. spudded the Fachi West-1 exploration well on the 17.3 million acre Tenere Block in Niger. The drillsite is 27 km north of Saha-1, where one...
The 20-in. steel catenary riser, connecting the Independence Hub (IHUB) production platform to the Independence Trail natural gas export pipeline, ranks as the largest and deepest...
Enhanced diamond protection offered for drillbitsClick here to enlarge imageThis drillbit supplier has expanded its offering of enhanced diamond protection for customers drilling...
Lloyd N. Unsell, who rose from reporting for a small Oklahoma newspaper to become one of the US oil and gas industry’s most influential leaders in Washington, DC, as president...
Iran’s First Vice-President Parviz Davudi last week said that his country would do its level best to prepare a proper ground free from tension for attraction of foreign investment...
Steady increases in offshore oil and gas production will drive up industry’s annual spending to more than $275 billion by 2011 from $219 billion in 2006, according to a forecast...
Three main challenges facing the oil industry-stable and reasonable prices, security of both demand and supply, and the relationship between national oil companies (NOCs) and ...
Deepwater royalty relief will cost the US government billions of dollars, but uncertainty about prices and production levels make precise estimates impossible at this time, the...
General Interest - Quick TakesIraq study sees output hike, confirms reservesIraq could double oil production capacity to 4 million b/d in 5 years with little effort, according...
The Organization of Petroleum Exporting Countries, while seeking security of demand, is fully committed to a continuous supply of oil on the international market, according to...
Members of the Organization of Petroleum Exporting Countries, led by Angola and Saudi Arabia, will increase total capacity to produce crude oil this year and next by a net 2.6...
Enhanced oil recovery is merely the first step in a national effort to capture and store or reuse industrially produced carbon dioxide, witnesses told the US Senate Energy and...
The most important trend in energy production over the last two centuries is decarbonization, a trend that will see methane overtake oil and coal to become the next two generation...