Drilling & production

Thoughts on how oil and gas companies can adapt to, and profit from, the uncertain environment they face in the coming year.

The latest EIC Monitor quarterly report shows that all sectors across the global energy industry have seen a decrease in the number and the potential investment value of new projects.

70% of voters favour more oil and natural gas development.

BHP Billiton has given the Queensland Government notice of a proposed rail corridor alignment to the Port of Abbot Point, which can be used to accommodate multiple rail lines, including a dedicated rail line for BHP Billiton and its joint venture partners in the Bowen Basin.

American Petroleum Institute president comments on how making the right energy choices can help the US economy.

Offshore drilling activity across North West Europe fell 12% in 2011 with 122 exploration and appraisal wells drilled across the region, compared to 139 in 2010, according to an end of year review released by Deloitte.

BP forecasts robust global energy demand to 2030 despite efficiency gains.

January 2011: Kay Sever examines the ‘intangible’ factors which act as an obstacle to success.

Ncondezi Coal Co. Ltd, a coal exploration and development company with coal assets in Mozambique, has announced the signing of a new rail and port infrastructure agreement as part of its strategy to export coal from its Ncondezi project.

The SeaGen tidal energy turbine at Strangford Lough has been given the all clear by environmental scientists.

Oman Drydock Company has recently received its first LNG carrier and is set for commercial launch in February.

Rolls-Royce has won an order to supply gas turbine and compression equipment for the Tapis oil and gas field, offshore Malaysia. The equipment will be utilised by ExxonMobil Exploration and Production Malaysia (EMEPMI) to expand and extend the production of the field.

Nearly 80% of South Carolina voters favour more oil and natural gas development.

A joint venture between Alstom and SSE Renewables is set to develop the world’s largest wave farm off the coast of Scotland.

Senior US officials meet with South Korean leaders to discuss reducing purchases of Iranian oil.