Exploration - 21 October 2013

Oilfield Technology Correspondent Gordon Cope concludes his explanation of how North America’s oil and gas sector faces tumult as it responds to huge opportunities and huge challenges.

OMV, the integrated, international oil and gas company, and its partners have discovered oil in the Murzuq Basin, 800 km south of Libyan capital Tripoli.

BP’s new Head of Exploration, Richard Herbert, will succeed Mike Daly who will retire at the end of 2013.

Oil and gas contractor Technip has been awarded an EPIC contract by Qatar Petroleum for a strategically important offshore project comprising a living quarter platform and a utility platform.

Steve Robertson, Douglas-Westwood London, explores the importance of taking security costs into account.