Mexico’s state-owned oil firm Pemex has evacuated 15,000 workers from platforms in the Campeche area of the country ahead of a storm. Pemex said its technical analysis group for emergency response had recommended the evacuation.
Australian oil and gas giant BHP Billiton has reported a 9% increase in production during its third quarter results for 2014. Petroleum production increased by 7% to 67.4MMboe (Million Barrels of Oil Equivalent) as onshore US liquids volumes rose by 49% to 11.5 MMboe.
Well testing will now be carried out at Raptor-1 to determine the hydrocarbon type, column, flow rate and reservoir quality. Raptor-1 is 12km west of Interoil’s Elk-Antelope gas field.
JKX Oil and Gas has seen potential gas signs at the Elizavetovskoye field in Ukraine. The company said the testing of well E-303 had indicated a gross pay of 167 metres, spread over eight reservoir horizons.
Oil giant BP has signed an agreement with Abu Dhabi’s offshore company ADMA-OPCO to develop a new technology for enhance oil recovery (EOR). Senior officials from the company recently visited BP’s EOR laboratory in Sunbury and research centre in Pangbourne.
The Danish Energy Agency (DEA)has received a record number of applications in its seventh licensing round for oil and gas in the North Sea. Applications have been made by several companies who have previously not held licences in Denmark.
Oil and gas explorer Ophir Energy has flowed gas at a well off Equatorial Guinea. A Drill Stem Test (DST) was carried out at the Fortuna-2 well to assess the deliverability of the Fortuna gas field.
Bad weather is continuing to hamper seismic recording by Greenfield Petroleum in the Gum Deniz oilfield in Azerbaijan. The company said conditions have affected work on a 3D survey over the field and the area recorded is now likely to drop to 100km due to the approaching winter season.
Statoil has discovered more oil at one of its sites in the North Sea than previously estimated. The Norwegian company said drilling at Well 25/8-18 S, had proved an oil column of 25 metres in the Heimal formation.
Energy experts from across the globe will join forces in Israel for an oil and gas exhibition. The Universal Oil and Gas 2014 (UOG 2014) is expected to be the largest event of its kind in the country, and aims to create a platform for collaboration and partnership in the Israeli oil and gas industry.
A Scottish university has joined the largest carbon capture and storage (CCS) research partnership in the UK. Scientists from the University of Strathclyde will join fellow researchers within the Scottish Carbon Capture & Storage (SCCS) partnership, providing expertise in areas including carbon dioxide transport and environment impact analysis.
Highs winds over the weekend helped provide almost a quarter of the UK’s electricity supply, Industry body RenewableUK said. A new record of 24% was set for wind power as nuclear reactors remained offline and a large gas plant was hit by a fire.
Oil giant Halliburton has boosted its income for the third quarter of the year by $1billion, which is an increase from the previous quarter. The company announced their total revenue of $8.7billion was up by 16% on the same time last year.
SBM Offshore has created two companies to meet the challenges of Catenary Anchor Leg Mooring (CALM).
A rig owned by Norwegian driller Songa offshore has suffered failure on one of its four engines, while undergoing survey work in Scotland.
Tethys Petroleum will face a shareholders vote to remove the majority of its directors, the company has announced. An Extraordinary General Meeting (EGM) of the company will be held after the board received a requisition on behalf Pope Management LLC.
Genel Energy has hit oil during drilling at a well on the Sidi Moussa Block off the coast of Morocco. The discovery was made by the oil and gas explorer along with its partners San Leon and Serica Energy.
President Energy has made it first oil discovery in the Lapacho well at the Pirity Concession in Paraguay. The company, which has a 65% interest in the asset, said tests will now be carried out to confirm the discovery of the conventional light oil.
Australian energy firm Santos has seen its sales and production rise rise by 9% on its previous quarter. It follows the successful ramp-up of its LNG project in Papua New Guinea (PNGLNG) which reached full capacity earlier this year.
Gas talks between Russia, Ukraine and the European Union will be held in Brussels later this month. The Russian Ministry of Energy made the announcement after a prolonged period of US and European sanctions were imposed on the country.
The chief financial officer of a United Arab Emirates rig construction business has stepped down from her position with the company. Joanne Curin was also on the board of Lamprell, which provides engineering contracts to the oil and gas industry.
A strategy manager for French-engineering company Technip said the “gold-plating” was coming off technology design in the oil and gas industry. Scott Campbell, strategy manager for the company’s UK business unit, said the market downturn would likely remain for the next year.
International oil and gas facility service provider expects to make up to $600million in profit this year. The company said the past year had been its most successful for new awards, with an ECOM (Engineering, Construction, Operation and Maintenance) order intake of $9.4billion.
The chief executive of oil and gas facilitator ITF said techniques used in deepwater could also be beneficial to the oil and gas industry in the North Sea. Dr Patrick O’Brien spoke on the final day of Deep Offshore Technology International 2014 (DOT) about the potential techniques which could be used to find more energy sources in the UKCS.
Development in floating concrete structures - which could be used for exploration in the Arctic Ocean - was presented by Norwegian-based engineering company Kvaerner at Deep Offshore Technology International 2014 (DOT). Kvaerner has been designing the concrete structures which would be adaptable to the region, rather than typical fixed platforms seen elsewhere in the industry.
