Production Development

Home>Topics>Production Development
Refine Results
  1. All
  2. Online Articles
  1. Russian initiative aims to develop ‘home-grown’ seismic streamer for Arctic exploration

    Offshore staff MOSCOW – The Ministry of Industry and Trade of the Russian Federation, Gazprom Neft , Rosgeologia, OAO Kontsern Okeanpribor, and the JSC Marine Arctic Geological Expedition ( MAGE ) have entered into a strategic partnership agreement. They plan to develop Russian import-substitution technologies for exploration operations offshore the Russian continental shelf. One priority is to develop a marine geophysical recording facility via a gel-filled towed seismic streamer and elastic wave sources. Rosgeologia and MAGE will assess technical requirements for the equipment, with OAO Kontsern Okeanpribor responsible for leading research activities, preparing technical documentation, and designing industrial prototypes. Once prototypes have been created, Gazprom Neft will look to test these on its license blocks. The company currently operates concessions covering development of the Dolginskoye field and over the Severo-Zapadnoye license block in the Pechora Sea ; the Kheysovskiy license block in the Barents Sea; and the Severo-Vrangelevskiy license block in the East Siberian and Chukchi seas. Under the terms of the agreement, the Ministry of Industry and Trade will provide consulting and advisory support to the project, specifically on governmental support mechanisms in import-substitution initiatives, including special investment contracts and financing of project consortia through the government’s Production Development Fund. The various companies expect to establish a coordinating council to facilitate joint operations in all areas covered by the agreement. 07/05/2016 Share your news with Offshore at news@offshore-mag.com

    Online Articles

    Online Articles

    Tue, 5 Jul 2016

  2. KJ Energy acquires interests in 329 oil & gas wells in East Texas and North Louisiana

    The properties include 329 oil and gas wells and associated facilities. The transaction closed on February 29, 2016. 

    Online Articles

    Online Articles

    Wed, 9 Mar 2016

  3. Aker Solutions, Total to collaborate on subsea technology development

    Aker Solutions and Total have signed a four-year technical collaboration agreement to develop new cost-effective subsea oil and gas field technology.

    Online Articles

    Online Articles

    Tue, 16 Feb 2016

  4. BP to accelerate deepwater Atoll gas field development offshore Egypt

    BP has signed a heads of agreement with the Egyptian Minister of Petroleum, His Excellency Eng. Tarek El Molla, to accelerate the development of the Atoll gas discovery. 

    Online Articles

    Online Articles

    Thu, 5 Nov 2015

  1. Presalt E&P a priority for Petrobras through 2019

    Online Articles

    Online Articles

    Wed, 1 Jul 2015

  2. Wood Mackenzie: Lower Canadian costs offer competitiveness with US LNG

    The huge gas resource base in North America offers potential for liquefied natural gas (LNG) exports, but currently it is the US, not Canada, that is building an LNG export industry, according to Wood Mackenzie’s latest analysis. However, with potentially lower LNG related costs in Canada due to ...

    Online Articles

    Online Articles

    Fri, 1 May 2015

  3. Fuel cell power for African telecomms towers

    Volvo spin-out fuel cell company PowerCell Sweden AB and African energy services company Mitochondria Energy Co Ltd have signed a Letter of Intend to collaborate on the development diesel-fuelled fuel cell power solutions for the African market.

    Online Articles

    Online Articles

    Tue, 20 Jan 2015

  4. Ophir in takeover talks with Salamander

    Ophir Energy and Salamander Energy have agreed on terms for a share offer.

    Online Articles

    Online Articles

    Fri, 21 Nov 2014

  5. CEC North Star Energy announces advancements in its Heavy Oil project

    CEC North Star Energy has released the findings of its latest internal Geological/Geophysical study.

    Online Articles

    Online Articles

    Tue, 16 Oct 2012

  6. Radius Oceanic and Cyta complete commissioning of Poseidon submarine Mediterranean network

    Radius Oceanic Communications and Cyta have completed testing and commissioning the Poseidon submarine cable system, a fiber optic network built to serve the oil and gas and scientific markets in the Eastern Mediterranean.

    Online Articles

    Online Articles

    Wed, 2 Apr 2014

  7. Petrobras approves 5-year, $225 billion investment plan

    The board of Brazils state-run Petroleo Brasileiro SA (Petrobras) has approved a $224.7 billion, 5-year investment plan, with about 57% of the projected outlays to be spent on exploration and production.

    Online Articles

    Online Articles

    Thu, 28 Jul 2011

  8. New directors take office at Petrobras

    The company has new directors for Exploration & Production and Gas & Energy.

    Online Articles

    Online Articles

    Wed, 15 Feb 2012

Get More Results