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Tag: Offshore

OTC 2016: Shell executive offers insight on forging a world-leading supply chain

Posted: May 6, 2016 at 7:48 pm   /   Oil & Gas

Low oil prices have increased pressure on the oil and gas industry to improve the capital efficiency of major projects, and examine the supply chain that is vital to their successful execution. That was the message offered by Harry Brekelmans, Projects & Technology Director, Royal Dutch Shell plc, in a presentation entitled “Forging a world […]

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Seeking Alpha: Egypt's 2 Super-Massive Offshore Natural Gas Developments

Posted: April 7, 2016 at 2:14 pm   /   Oil & Gas

Seeking Alpha’s Callum Turcan provides an overview of natural gas developments in Egypt. Summary Egypt’s oil & gas industry has gotten hammered over the past five years due to civil unrest and a lackluster realized pricing regime deterring foreign investment. Once an energy exporter, Egypt quickly became an energy importer, creating a series of crises […]

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Egypt’s shift to deepwater (Interview with Hugh Fraser, Partner at Andrews Kurth Law Firm Egypt)

Posted: April 2, 2016 at 3:38 pm   /   Oil & Gas

Hugh Fraser, a partner at Andrews Kurth law firm, talks to TOGY about the forces shaping demand for legal advice in Egypt’s energy market, the vital role joint ventures play in the Middle East’s oil and gas industry and the challenges facing providers of legal services throughout the hydrocarbons value chain. The Texas-headquartered company has […]

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Video: How Vega Oil Offshore Platform Works (Edison)

Posted: March 29, 2016 at 10:00 am   /   Oil & Gas

Vega oil field is located in the Sicilian Channel, 20 km south of Pozzallo (Italy). In production since 1987, Vega platform was developed with 24 wells, and located in 130 metres of water. The platform can process 60,000 barrels of oil per day. Close to Vega platform there’s a floating storage and offloading tanker (Leonis) […]

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Video: Saipem 10000 – Interviews

Posted: March 25, 2016 at 6:56 pm   /   Oil & Gas

These video interviews were conducted towards the end of 2015 while the Saipem 10000 was at the port of Genova for maintenance and upgrading works, prior to leaving for operations in Egypt. (Source: Saipem)

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Video: Offshore Platforms 101 (BP)

Posted: March 22, 2016 at 10:00 am   /   Oil & Gas

Take a look at how offshore platforms work, including the different varieties and the unique aspects of each which suit different conditions. Video courtesy of Energy Future. (Source: BP)

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Video: How a deep water well is drilled (Shell)

Posted: February 13, 2016 at 2:52 pm   /   Oil & Gas

Drilling wells is one of the most important activities in the process of finding hydrocarbon reservoirs and producing oil and gas from these reservoirs to meet our energy needs. This video by Shell explains the basics of how offshore deep water wells are drilled, including explanations and visualization of important components, processes and techniques that […]

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As Big Oil shrinks, boards plot different paths out of crisis

Posted: February 9, 2016 at 6:11 pm   /   Oil & Gas

As oil and gas companies cut ever-deeper into the bone to weather their worst downturn in decades, boards have adopted contrasting strategies to lead them out of the crisis. Crude prices have tumbled around 70 percent over the past 18 months to around $35 a barrel, leading to five of the world’s top oil companies […]

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Maridive to conduct offshore exploration in the Mediterranean

Posted: December 30, 2015 at 2:33 pm   /   Oil & Gas

Egyptian company Maridive & Oil Services S.A.E. has developed a strategy that targets natural gas exploration in Egyptian territorial waters, including the Mediterranean, according to a company source, who requested anonymity. This comes after the government halted several agreements with a number of international companies following the Zohr discovery, the largest natural gas field found […]

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Subsea 7 awarded sizeable BP offshore platform extension and tie-in contract

Posted: December 30, 2015 at 2:21 pm   /   Oil & Gas

Subsea 7 has secured a contract by Burullus Gas Company S.A.E. for the platform extension and tie-in on the first phase of the West Nile Delta development of the Taurus and Libra fields by BP, offshore Egypt. Engineering and project management work will start immediately and will be undertaken at Subsea 7’s Cairo office and Subsea 7’s Global […]

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