Gazprom starts deep-water pipe laying for Turkstream

by Timothy Reeder | Jun 27, 2017 | News

Gazprom recently started laying the TurkStream gas pipeline in the deep-water area off the coast of Anapa. The operations were launched with the command given by Russian President Vladimir Putin during his visit to the Pioneering Spirit pipe-laying vessel. Vladimir...

Green light for Njord and Bauge

by Timothy Reeder | Jun 21, 2017 | News

The plans for development and operation (PDO) of Njord and Bauge in the Norwegian Sea have now been approved by the authorities. The Njord A platform and the Njord Bravo floating storage and offloading vessel (FSO) will be upgraded to recover the remaining resources...

BP celebrates 40 years of production at Prudhoe Bay

by Timothy Reeder | Jun 21, 2017 | News

The BP-operated Prudhoe Bay oil field in Alaska has reached 40 years of production, a milestone highlighting its historic contribution to US energy security and ongoing role as a key economic engine for the region and nation. Since the giant oil field on Alaska’s...

More research on CO2 reduction and digitalisation

by Timothy Reeder | Jun 19, 2017 | News

Statoil’s new technology strategy intensifies the company’s research on CO2 reduction and digital solutions. “Statoil wants to be in the forefront of the development in the oil and gas industry. Technology and innovation are vital to finding more resources and...

ExxonMobil Makes Final Investment Decision to Proceed with Liza Oil Development in Guyana

by Timothy Reeder | Jun 19, 2017 | News

Exxon Mobil Corporation said recently it has made a final investment decision to proceed with the first phase of development for the Liza field, one of the largest oil discoveries of the past decade, located offshore Guyana. The company also announced positive results...

Duke Energy and Siemens enter innovative agreement for advanced gas turbine technologies

by Timothy Reeder | Jun 19, 2017 | News

Lower customer costs, regional economic growth, increased efficiency and flexibility are potential benefits of a recent agreement between Duke Energy and Siemens. Duke Energy submitted plans to the North Carolina Utilities Commission (NCUC) for expansion of its...