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Offshore technology

The world largest publicly traded oil and gas company Based in Irving, near Houston, Texas, USA, Exxon Mobil Corporation (ExxonMobil) is listed in NYSE (XOM) and recognized as the world largest publicly traded international oil and gas company. ExxonMobil holds the largest oil and gas resources among the international oil companies (IOC) with 87 billion […]

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BP hits gas in Egypt Nile Delta Block North El Burg BP and International Egyptian Oil Company (IEOC), the local operating company of the Eni Egypt, confirmed two news gas discoveries, Taurt North and Seth South, in its offshore concession of the North El Burg, in the Nile Delta, Egypt. These findings follow 50 years of […]

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Definition EOR is the acronym of enhanced oil recovery and refers to all the ultimate technologies to compensate the natural depletion of the oil and gas fields Comments In developing a new oil and gas field, the natural pressure of the reservoir is at its maximum. For the oil fields, this natural pressure combined with […]

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Hess awarded FEED for Semi-submersible on WA-390-P Block Established in New Jersey, the American Hess Corporation (Hess) is based in New York City, USA. Since 2007, Hess holds the 100% working interest of the WA-390-P Block offshore Western Australia to develop the Equus project. Equus is part of the $6.8 billion Hess’s capital expenditure budget […]

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Definition FLNG is the acronym of Floating Liquefied Natural Gas and refers to floating production unit of liquefied natural gas (LNG). Floating Liquefied Natural Gas is not the chemical derivative of any form of natural gas, this wording was invented to describe the manufacturing process to produce LNG. Comments At the wellhead, the natural gas is in fact a […]

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Geitungen rises Johan Sverdrup beyond Statoil’s expectations on Utsira High While Statoil and its partners, Maersk, Petoro, Det norske oljeselskap and Lundin, are running intensive discussions to develop the giant Johan Sverdrup fields, the Geitungen discovery confirms all the potential of the still unexplored  Utsira High areas within the Norwegian Continental Shelf (NCS). Located 140 kilometers west […]

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