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Recovery News

 

FEI, Weatherford in reservoir characterization agreement

May 18, 2015

FEI and Weatherford Laboratories entered into a joint agreement to offer advanced reservoir characterization services to the oil and gas industry. The two companies will work together to create new workflows that integrate Weatherford’s traditional core analysis an FEI’s digital rock imaging…

Understanding EOR

Apr 01, 2015

EOR is taking off offshore, yet scientists at the University of Aberdeen believe more work needs to be done to understand the link between reservoir properties such as wettability and fluid flow to help in order to truly benefit from EOR…

Ennsub grabs Benthic LARS contract

Dec 01, 2014

Ennsub has been awarded a £2 million (US$3.1 million) contract by Benthic to build a portable launch and recovery system for its latest addition to its seabed drilling and geotechnical drill fleet. The launch and recovery system (LARS4)…

Decommissioning warning for UKCS

Nov 26, 2014

Concerns about agreements around decommissioning costs on the UK Continental Shelf have been added to a rising tide of warnings about the future of the North Sea oil and gas industry. The warnings, which focus on the future sustainability of the North Sea…

Claxton gets Middle East contract

Oct 28, 2014

Claxton Engineering was awarded a 12-month contract for multiple well slot recoveries in the Arabian Gulf, enabling a field operator to extend the economic life of its platform and well assets. Claxton’s Dubai office will perform diamond wire cutting and subsea drilling and pinning…

Aker, Baker Hughes approved for subsea production alliance

Sep 04, 2014

Aker Solutions and Baker Hughes Inc. received necessary regulatory approvals for the Subsea Production Alliance announced in April 2014. The two companies agreed to form the alliance a few months ago develop technology for production solutions designed to boost output…

Wood Mackenzie: Upstream investments will focus on incremental projects

Aug 25, 2014

In new analysis prepared for ONS 2014, Wood Mackenzie says the role of incremental projects in Norway is growing in importance, which account for almost half of Norway’s US$200 billion (NKr 1,250 billion) upstream development spend over the next decade…

EOR evolution

Jul 02, 2014

Efforts surrounding the research and development of technologies for oil recovery are currently being centralized in order to ensure continued production of crucial sources of hydrocarbons worldwide. As a result, it is expected that enhanced…

EOR market to pass US$500B by 2023

Apr 24, 2014

Transparency Market Research has released a new market report titled 'Enhanced Oil Recovery (EOR) Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2023,' that defines and segments the enhanced oil recovery…

Aker and Baker form alliance

Apr 22, 2014

Aker Solutions and Baker Hughes Incorporated have agreed to form an alliance to develop technology for production solutions that will boost output, increase recovery rates, and reduce costs for subsea fields. The non-incorporated alliance…

Roc Oil farms in to Malaysian PSC

Apr 01, 2014

Roc Oil Ltd. has farmed in to a production sharing contract (PSC) in three fields about 50m off Malaysia. The D35, D21 and J4 fields are 100% owned and operated by Malaysia’s Petronas Carigali, with Roc Oil holding 50% participating interest…

€4 million EOR project launched

Dec 19, 2013

A €4 million (£3.4 million) research project by Lloyd’s Register Energy, Senergy, the Danish Technical University and Welltec has been launched to optimize production from horizontal wells. The project, called Project OPTION, is…

Statoil EVP: Subsea factories are business critical

Nov 26, 2013

Statoil is targeting 2020 to deploy a subsea factory, or a fully-functioning process plant atop the sea floor, according to a technology briefing held by some of the Norwegian company’s top executives at its Houston headquarters in mid-November…

Snorre C: Statoil recommends new platform

Oct 28, 2013

Statoil recommends building a new drilling and processing platform on the Snorre field in the North Sea to maximize extraction of remaining reserves. Together with Petoro AS and the other license partners, Statoil says it has worked hard…

Total contracts Ocean Installer

Aug 20, 2013

Total E&P UK has awarded Ocean Installer a contract for the recovery of casing at the Tomintoul location, west of the Shetland Islands.  The scope of the work involves the cutting and recovery of 472m of 20in. downhole casing from the seabed…

Current News

Unique Group Acquires Subsea Innovation

Unique Group Acquires Subsea Innovation

ConocoPhillips Misses Quarterly Profit Estimates

ConocoPhillips Misses Quarterly Profit Estimates

Taliban Plan Regional Energy Trade Hub with Russian Oil in Mind

Taliban Plan Regional Energy Trade Hub with Russian Oil in Mind

Russia Shipping Oil to North Korea Above UN Mandated Levels

Russia Shipping Oil to North Korea Above UN Mandated Levels

Yinson Completes $1.3B Financing for Agogo FPSO

Yinson Completes $1.3B Financing for Agogo FPSO

Sapura Energy Hooks Subsea Services Contract from Thai Oil Major Off Malaysia

Sapura Energy Hooks Subsea Services Contract from Thai Oil Major Off Malaysia

Philippines' PXP Energy Eyes Petroleum Blocks in Non-Disputed Areas

Philippines' PXP Energy Eyes Petroleum Blocks in Non-Disputed Areas

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