The Danish National Advanced Technology Foundation has announced its subsidy to a project headed by Aalborg University endorsed by Maersk Oil and Ramboll Oil & Gas. The purpose of the project is to heighten production efficiency and increase oil recovery offshore. At the same time, the project will benefit the environment. Oil recovery is a [...]
Scottish Energy Minister, Fergus Ewing MSP, is to address delegates at Oil & Gas UK’s breakfast briefing on the 4th December. The event, sponsored by Endeavour Energy UK, is focussed on the issue of how to improve hydrocarbon recovery from existing assets on the UK continental shelf. The briefing will be held at the Aberdeen [...]
Statoil has completed its first multilateral well offshore Brazil as part of the company’s increased oil recovery (IOR) efforts at the Peregrino field. This is the first multilateral well in Brazil with gravel pack in both branches. “Statoil has used this technology to reach world-leading recovery factors on the Norwegian continental shelf and now we [...]
Statoil has awarded contracts for new light well intervention (LWI) vessels. These “category A” units will contribute to increased recovery from Statoil’s approximately 500 operated subsea wells on the Norwegian continental shelf (NCS). Statoil has on behalf of relevant licensees awarded a contract to Island Offshore Management and Eide Marine Services for the charter of [...]
May 23, 2012 | Posted in
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Wärtsilä Hamworthy, the global leader in environmental and liquid cargo handling solutions for the marine and oil & gas markets, has won a contract to supply its Flare Gas Recovery packages to four floating production, storage and offloading (FPSO) units under construction for Petrobras. The units, each of which will be able to handle 150,000bpd, [...]
May 15, 2012 | Posted in
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Norwegian energy company Statoil has matured more reserves through improved recovery than the Skrugard and Havis discoveries combined in 2011. The company is now strengthening its focus on improved recovery. “2011 will always be remembered for the major finds on the Norwegian continental shelf (NCS), while at the same time we have completed a great [...]
Petronas and Shell Malaysia today signed two new production sharing contracts (PSCs) for enhanced oil recovery (EOR) projects offshore Sarawak and Sabah. The contracts build upon two existing PSCs for fields in the Baram Delta Operations area and North Sabah, where oil has been produced for decades using mainly primary and secondary recovery techniques. The [...]
January 16, 2012 | Posted in
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Reliance industries has begun arbitration proceeding against India’s Government over the decision to restrict the amount of the costs recovered by the company from the revenues generated from the sale of gas produced from the D1 &D3 fields in the KG-D6 blocks. Ministry of Petroleum and Natural Gas wants to “disallow expenditure incurred in constructing [...]
Iran plans to invest up to $35 million to build its very first oil spill recovery vessel, Zawya reported. The vessel, which will be one of the biggest of its kind in the Middle East is expected to bear the responsibility of dealing with any oil spillage and pollution in the Persian Gulf. Iran Shipbuilding [...]
Chevron Corporation and NASA’s Jet Propulsion Laboratory (JPL) announced today the formation of an alliance to develop a range of technologies to improve the production and recovery of oil and natural gas resources. The alliance’s initial focus is to develop a wide range of technologies—including power transmission, signal processing and electrical actuation—for application in [...]
July 26, 2011 | Posted in
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