Oil and Gas News

ExxonMobil Exits Russian Ventures, Continues Success off Guyana

02 March 2018 Topics: Arctic/extreme environments Asset/portfolio management Drilling Offshore The Pacora-1 well off Guyana was drilled by the Stena Carron drillship to 5,597 m in 2,067 m of water. Source: Stena Drilling. oil discoveries guyana arctic Russia offshore ExxonMobil Leaving partner Rosneft, ExxonMobil will no longer be involved in exploration and development in the Kara, Laptev, Chukchi, and Black Seas

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ABB helps IKEA harness the sun’s energy in Singapore

Next generation (TRIO-50) smart inverters will provide higher flexibility and energy yields from a 1 MW rooftop solar system ABB has provided the Swedish retailer IKEA with 20 of its innovative TRIO-50 solar inverters to power a rooftop solar system on its flagship store in Singapore, located in the eastern suburb of Tampines. The system is expected to generate 1.3

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Eni strengthens its presence in the Mexican offshore with the award of Block 24 located in the Cuenca Salina basin

Block 24 is the outcome of the fourth international competitive bid round called under “Ronda 2” by the National Hydrocarbon Commission, and allows Eni to build up and consolidate a new core area with significant operational synergies in the Country. San Donato Milanese (Milan), 1 February 2018 – Eni and its partner Qatar Petroleum have been awarded rights to Block

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Ten new markets earmarked as opportunities to boost lagging Sustainable Development Goals

Høvik, Norway: According to a new Global Opportunity Report from DNV GL, Sustainia and the United Nations Global Compact, renewed efforts are required to ensure four of the 17 UN Sustainable Development Goals do not miss their 2030 targets. The Global Goals addressed in the report are Goal 10: Reduced Inequalities, Goal 12: Responsible Consumption and Production, Goal 13: Climate

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BP invests in mobile electric vehicle charging company FreeWire to deliver rapid charging at retail sites

Date: 30 January 2018 BP Ventures invests $5 million in FreeWire, manufacturer of mobile rapid charging systems for electric vehicles BP to trial technology at selected retail sites in the UK and Europe during 2018 Mobile system will allow flexible deployment of charging facilities while building understanding of fast-evolving market BP today announced that its venturing business has invested $5

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Downhole Testing Identifies Really Costly Problems

Stephen Rassenfoss, JPT Emerging Technology Senior Editor |25 January 2018 Topics: Hydraulic fracturing Source: SPE 189851. A downhole picture by EV Offshore shows how erosion can change the size and shape of a perforation during erosion. stacked diagnostics perforations Diagnostic testing is beginning to show how a lot of unconventional wells are leaking money. Sophisticated diagnostic testing programs undertaken by

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Shell announces redevelopment of Penguins field in UK North Sea

Jan 15, 2018 Royal Dutch Shell plc (Shell) today announces a final investment decision on the redevelopment of the Penguins oil and gas field in the UK North Sea. The decision authorises the construction of a floating production, storage and offloading (FPSO) vessel, the first new manned installation for Shell in the northern North Sea in almost 30 years. The

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TactoTek® Collaborates with Dassault Systèmes to Bring the Injection Molded Structural Electronics (IMSE) Process to the 3DEXPERIENCE Platform

IMSE Design Solution Enables Designers and Engineers to Digitally Create the Next Generation of Consumer Electronic Experiences OULU, FINLAND/PARIS, FRANCE (3 January 2018) TactoTek®, the leader in Injection Molded Structural Electronics (IMSE) solutions announced that it is collaborating with Dassault Systèmes to enable users of the 3DEXPERIENCE platform to digitally experiment with TactoTek IMSE parts. This will empower designers and

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