Western Gas announced Wednesday it has signed a Memorandum of Understanding (MOU) with oil and gas service and technology providers McDermott International and Baker Hughes, a GE company (BHGE), for the development of the Equus Gas Project offshore Western Australia…
McDermott International announced Thursday it has been awarded a contract from Talos Energy for concept and engineering services for the Zama field development project – the first offshore Mexico block awarded to a private operator.The contract is for engineering services…
Chevron Corp will proceed with the second stage of its giant Gorgon liquefied natural gas (LNG) export plant off the northwest coast of Western Australia, the company said on Saturday.Chevron and its joint venture partners plan to sink 11 new…
Lower for longer oil prices are leading operators to reconsider the structure of project contracts. Many are leaning toward supplier-led solutions to cut costs and boost reliability. Karen Boman reports (First published in the January 2018 OE…
Digital drillship. Photo from GE. Reducing maintenance costs is the primary focus of the oil and gas industry’s quest to get more insight from Big Data. But, can they successfully navigate remaining barriers…
Emerson Automation Solutions has launched the latest version of its reservoir characterization and modeling software, Roxar RMS 10.1. RMS 10.1. Image from Emerson. Through even…
Searcher Seismic and partner CGG have started the PSDM reprocessing of about 1668sq km of 3D seismic data in the Carnarvon Basin, Western Australia. The project comprises broadband PSDM reprocessing of the Western portion of the existing Foxhound 3D Seismic Survey…
io oil & gas consulting, the independent venture backed by GE Oil & Gas and McDermott, has announced the appointment of Richard Dyson as its new CEO. Dyson will be based in io’s head office in The Shard, London and oversee all its global operations including offices in Houston…
Wood Group and Technip have recently completed 11 years of engineering and project management services on the Chevron Australia - operated Gorgon Project, Australia’s largest single-resource development. In collaboration, Wood Group and…
Brazil has been a global leader in deepwater technology. If it can put its troubles behind, it has a real opportunity to be the world leader, says io oil & gas’ Ed Hernandez. International Olympic…
Could we on the verge of embracing the industry 2.0 era? Intelligent energy, or the digital oilfield, is set to be discussed in Aberdeen next month. We take a dip into the debate. Image from iStock…
An aversion to risk, the race to be second, impairs the oil and gas industry’s ability to innovate. Yet, the oil price slump, from mid-2014 to today, has been a “brutal wake-up call,” creating a realization that working smarter in a…
Chevron Corp. has begun production from its liquefied natural gas (LNG) and condensate at the Gorgon Project on Barrow Island off the northwest coast of Western Australia. The first LNG cargo is expected to be shipped next week. “We expect…
Oil and gas has all the resources for a big data revolution – so what’s holding us back? Robert Dickson, Director – field development project excellence at io sets out his view. Image from iStock…
It's new engineering consultancy io's first year at Subsea Expo. We spoke to the firm's COO Mark Dixon about the show and the wider industry. What brings you to Subsea Expo? In our first year of business as io, the oil price has…
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