December 16, 2017

NPD Commissions Study on Unmanned Wellhead Platforms

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A new study will look into the benefits and disadvantages of unmanned wellhead platforms (UWP) after the Norwegian Petroleum Directorate called for UWPs to be considered more often as an alternative to subsea tie-backs. Commissioned by the Norwegian Petroleum Directorate, the study will be carried out by Rambøll Oil & Gas and aims to gain further knowledge about different types of unmanned wellhead platforms. The study will be submitted to the authorities towards the end of December of this year. Niels Erik Hald, principal engineer at the Norwegian Petroleum Directorate, commented in an NPD statement: “The main argument in favour…

2nd Annual FPSO Europe Congress

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Pursuing Cost-Optimization & Project Excellence across Europe’s FPSO Value Chain! Launching to great success in 2015, the FPSO Europe Congress is set to return on 24 – 25 February 2016 in London for yet another exciting gathering of Europe’s leading oil operators, FPSO contractors, EPCs, shipyards and solution providers to discuss the most topical and critical PFSO developments in the North Sea, Brazil and West Africa market. To recap, the FPSO Europe Congress ended with the below takeaways: Amidst low oil prices, conventional ways of conducting FPSO businesses are no longer sustainable FPSO projects optimisation, cost-effective operations and maintenance are…

Saudi Downstream Forum

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We are delighted to announce that Saudi Arabia’s largest downstream gathering is now under the patronage of the Custodian of the Two Holy Mosques. The event, to be held in Jubail, will combine a strategic conference and international exhibition. The international exhibition attracts the largest international downstream organisations, with over 50 exhibitors participating each year including the likes of Saudi Aramco, Sadara and SABIC. With the support of the Royal Commission for Jubail and Yanbu, the 2016 event in Jubail is set to be largest in the events history. With more sponsors, exhibitors, delegates and visitors than ever before. The…

Germany’s DEA Buying E.ON Norway Oil, Gas Business for $1.6B | ABC News

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German-based oil and gas firm DEA Deutsche Erdoel AG says it plans to buy utility E.ON’s Norwegian oil and gas business in a deal worth $1.6 billion. DEA, a former unit of energy company RWE that now belongs to an international investment arm of Russian billionaire Mikhail Fridman’s Alfa Group, said Wednesday that the deal will more than double its current production in Norway. It is subject to approval by Norwegian authorities and the European Commission. DEA supervisory board chairman Lord Browne said the planned acquisition is the first step in the company’s new growth strategy. He said that it…

C&N Petroleum Equipment

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The oil and gas industry isn’t a safe industry when equipment is not serviced or replaced if old. Total depot located in Nelspruit, Mpumalanga South Africa has recently completed a road gantry upgrade project. Total SA is a French multinational integrated oil and gas company and is also a large-scale chemicals manufacturer. The project had been a success and was completed in time. The gantry upgrade started January 2014 and came to an end in July 2015 and the value of the project amounted to R10 million, with C&N Petroleum Equipment at R1.2 million. C&N Petroleum Equipment, a leading supplier of…

The top 10 countries with highest volume of flared gas

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As you know, flaring gas is a global issue, with an estimated over 140 million cubic meters of gas flared annually, a waste of resources and harmful for the environment. Primus Green Energy put together the following infographic to illustrated the top 10 countries in the world with the highest volume of flared gas per year to draw attention to the issue. For further information on products and services visit Primus GE