UK Continental Shelf

Chevron validated chemical EOR to maintain Captain The Californian San Ramon-based international oil company (IOC) Chevron Corporation (Chevron) and its partner Dana Petroleum (Dana), a Korean National Oil Company‘s subsidiary, have validated the conclusions of the pilot study to test the performances of the chemical injection as the preferred enhanced oil recovery techniques (EOR) to maintain the production […]

BP to consider Clair Phase-3 as stand alone project The UK super major BP and its partners, Royal Dutch Shell (Shell), ConocoPhillips and Chevron, are getting now a better picture of the giant Clair reservoir to the point to prepare Greater Clair as the third phase of development in the West Shetland waters of the […]

Hyundai Heavy Industries (HHI) wins Rosebank FPSO The super major Chevron from USA and its partners, Statoil from Norway, OMV  from Austria and Dong from Denmark, have awarded the Floating Production, Storage and Offloading (FPSO) vessel of the Rosebank project to the South Korean Hyundai Heavy Industries (HHI). The Rosebank project is located 175 kilometers northwest of the […]

IFP Energies Nouvelles sees CAPEX to grow by 13% Based in Paris, France, the Institut Français du Pétrole et de Energies Nouvelles (IFP Energies Nouvelles) published on October 8th its last survey about the capital expenditure in the exploration and production and in refining. Published every year this survey gives an overview of the main […]

Statoil to build IOR center and redefine drilling rigs Statoil leads the world on recovery rate in exceeding for the first time an average of 50% in 2011. By comparison the global oil recovery rate is around 35% and in the Norwegian Continental Shelf (NCS), all the producers reach an average of 47%. Among them, Statoil […]