Oil & gas news

October 2011 - What if businesses measured 'human productivity' as well as equipment productivity?

Chevron Technology Ventures has launched a project, which will use over 7600 solar mirrors to produce steam for use in enhanced oil recovery at the Coalinga field.

AMEC has been awarded a FEED contract for GDF SUEZ E&P UK Ltd's Cygnus gas field development, one of the most significant undeveloped gas fields in the North Sea.

Aker Solutions has won a contract to conduct the basic engineering for the development of Total's Hild field in the Norwegian North Sea. The contract value is about NOK 215 million (US$ 37.4 million).

Kosmos Energy announced that the Enyenra-3A appraisal well has confirmed an updip extension of the Enyenra light oil field on the Deepwater Tano Block offshore Ghana.

The American Petroleum Institute have said that the Environmental Protection Agency should delay production and refinery emissions rules.

According to research conducted by the University of Aberdeen’s Oceanlab, offshore oil and gas platforms could be serving as beneficial environments for populations of prime commercial fish species such as cod and haddock.

Aker Solutions has been selected to supply a subsea umbilical to Det norske oljeselskap ASA's Jette field. The order is worth approximately NOK 60 million (US$ 10.3 million).

Both crude oil rich nations seek cooperation for the utilisation of their vast reserves: Iraq to build refining capacity and Kuwait to secure long term supply relationships.

Arrow LNG (a joint venture between Petrochina and Shell) has acquired Bow Energy after boosting it’s bid to AU$ 535 million (US$ 524.2 million). Arrow had to raise its’ offer by 2% on it’s initial offering to secure the deal.