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  1. Petrofac completes successful well decommissioning contract for Tullow Oil

    Petrofac’ s differentiated approach to decommissioning, in support of Tullow Oil ’s well plugging and abandonment campaign in the Southern North Sea (SNS), has delivered significant results and saved US$2.5 million compared to traditional approaches. Well engineering and well project management services were deployed within the six-month contract for the Horne & Wren asset in support of Petrofac’s established position as Duty Holder.  Part of Tullow Oil’s Thames Area Complex decommissioning project in the SNS, the well plugging and abandonment campaign was a key step in the schedule. Petrofac successfully delivered the conceptual design, detailed planning, procurement, subcontractor management and the full execution of the plug and abandonment operations.  Petrofac’s industry-leading well project management software* WellAtlas ® was used throughout to ensure efficient and assured project delivery. As Horne & Wren is a normally unmanned asset, there were a number of challenges to be overcome in the execution of the contract.  Petrofac’s integrated cross discipline team developed innovative technical solutions to successfully mitigate these, including using a jack-up lift barge rather than a jack-up rig and deployment of a pipe recovery technique rather than a heavy lift vessel. Alex Macdonald, Managing Director – Well Engineering, Petrofac Engineering & Production Services, said: “This was a challenging but highly rewarding project.  In addition to providing a highly cost-effective solution, we also saved time on the project by proposing optimisations solutions to allow the preparatory works to be integrated as simultaneous operations. “This highlights our ability to provide effective outsourced plug and abandonment project management, seamlessly integrated into the overall decommissioning project and driving value through differentiation.” Ian Manners, Project Manager at Tullow Oil, said: “Petrofac went above and beyond our expectations, with a high level of engagement achieved by collaborating with us as a single team. The UKCS operation is amongst the very best, if not the best in the world.” * WellAtlas ® is a unique integrated software tool which supports the entire well management and delivery agenda, providing a comprehensive overview of projects.

    Online Articles

    Online Articles

    Mon, 26 Sep 2016

  2. Oil and Gas News: Mexico battling blaze aboard fuel tanker off Gulf coast

    Mexico's state-owned oil company says it is working to extinguish a blaze aboard a loaded tanker ship in the Gulf of Mexico.

    Online Articles

    Online Articles

    Mon, 26 Sep 2016

  3. Oil and Gas News: Israeli consortium signs gas deal with Jordan

    Israel's Delek Group, one of the developers of the country's biggest natural gas reservoir, says it has signed a deal to sell gas to neighboring Jordan.

    Online Articles

    Online Articles

    Mon, 26 Sep 2016

  4. Oil and Gas News: In gas drilling country, the honeymoon is over on royalties

    A few months ago, the nation's second-largest natural gas producer siphoned $2,201 worth of gas from his 240-acre property — but paid him only $359 after taking deductions for transportation and processing.

    Online Articles

    Online Articles

    Mon, 26 Sep 2016

  1. Santos group to prolong production from Oyong, Wortel fields

    Online Articles

    Online Articles

    Mon, 26 Sep 2016

  2. OGIC supporting three North Sea technology projects

    The Oil & Gas Innovation Centre is investing more than £85,000 ($110,000) into three new technology development projects, under which three companies will work with Scottish universities to develop innovative technology related to current industry challenges.

    Online Articles

    Online Articles

    Mon, 26 Sep 2016

  3. Production license sought for Galt prospect on Gaspe Peninsula

    Junex Inc. has applied with Quebec’s government for a 20-sq-km production lease on its Galt oil prospect in eastern Quebec. The company’s application focuses on the central portion of the Galt structure, which was mapped from data in the company’s 37-sq-km 3D survey conducted in 2015.

    Online Articles

    Online Articles

    Mon, 26 Sep 2016

  4. Petrotechnics survey shows operational excellence is regarded as a key priority

    Petrotechnics, an Aberdeen-based oil and gas technology firm, has released the results of its Operational Excellence Index into attitudes towards operational excellence among the oil , gas and petrochemical industries.

    Online Articles

    Online Articles

    Mon, 26 Sep 2016

  5. BetaZi, P2 Energy Solutions team up

    Basin Studies provide full production forecasts on every well for each significant US oil and gas basin.

    Online Articles

    Online Articles

    Mon, 26 Sep 2016

  6. DW: The impact of the downturn on the land rig market

    The oil price downturn has had a significant impact on the land rig market, with global onshore drilling activity (including exploration and appraisal wells) having declined by 32% in 2015. Douglas-Westwood expects to see a further 21% decline in drilling activity in 2016, as operators adjust to a ...

    Online Articles

    Online Articles

    Mon, 26 Sep 2016

  7. HINT names Hunter VP

    HINT, the metering specialist in information technology for the oil and gas industry, has appointed Steve Hunter as vice president, Europe, Middle East & Africa.

    Online Articles

    Online Articles

    Mon, 26 Sep 2016

  8. US grant to support IOC’s refinery modernization program

    The US Trade and Development Agency (USTDA) has awarded a grant to India’s public-sector refining firm Indian Oil Corp. Ltd. (IOC) to fund a feasibility study will recommend technology options for the ongoing modernization of the operator’s nine refineries.

    Online Articles

    Online Articles

    Mon, 26 Sep 2016

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