The number of fields which began producing oil and gas in the UK hit its highest level for five years in 2013, as a number of operators focused on development activity. This is according to the latest report into offshore activity from Deloitte…
Norwegian exploration firm Rocksource has announced plans to consolidate all its operations to its Bergen head office. As a result of the move, which was decided after a strategic review, the company’s Chief Financial Officer, since it was founded in 2004…
The Government of the Republic of Trinidad and Tobago invites participation in its 2013 Deep Water Competitive Bid Round for six offshore blocks located in the East Coast Marine Area and Trinidad and Tobago Deep Atlantic Area to be governed by production sharing contract agreements…
Total has signed an exploration and production-sharing agreement for deepwater Block 41 with Oman's Ministry of Oil & Gas, the company announced today. The block is off the northern Omani coast, northwest of the capital, Muscat. It spans 23…
Alpha Petroleum (UK) Holdings Limited is the proposed buyer for ATP Oil and Gas UK Ltd (ATP UK), it has been revealed. Independent Oil and Gas plc, which is a partner in licenses operated by ATP UK, said US court documents posted today…
Twenty-one companies have dropped out of the final cycle of bidding in the Myanmar offshore license round, Reuters news service reported on Friday. The licensing round offers 30 offshore areas, including 11 shallow water blocks and 19 deepwater blocks…
North Sea drilling activity eased during Q3, 2013, following an encouraging Q2, according to a report into offshore activity from Deloitte's petroleum services group (PSG). The report found that the number of new wells drilled on the UK Continental Shelf (UKCS) fell by around one third…
The Ministry of Natural Resources of the Russian Federation (Minprirody) offered nineteen new blocks for exploration and production in August 2013, including two blocks of federal significance, the Amur-Limanskiy block and Vostochno-Pribrezhnyy blocks…
NASA directors and staff gathered at Johnson Space Center in Houston to sign a new alliance with risk management firm Deloitte on June 27. The new partnership aims to utilize NASA’s proven practical applications such as risk analysis programs…
In a move designed to bring advanced risk-management capabilities to America’s energy industry, the Deloitte Center for Energy Solutions and the NASA Johnson Space Center have entered into a strategic alliance to offer services to oil and gas companies…
High oil prices are helping boost spending, and Norway’s subsea industry has been quick to provide full system packages to those looking to spend—at home and broad. High oil prices, a growing level of subsea infrastructure, and a drive…
Real-time analytics hikes collaboration and boosts profits, writes Carol Huff. Just spin it the right way, and digital technology working with standardized infrastructure, sprinkled with new age seismic sensors, analytics and algorithms produces Big Data…
The UK’s prolonged winter muted drilling and deals growth in the North Sea after a strong finish to 2012, according to a new report from Deloitte, the business advisory firm, into offshore activity. The report, compiled by Deloitte’s Petroleum Services Group (PSG)…
Andrew McBarnet assesses the state of the marine seismic business and where it is going in 2013.Rarely, if ever, can the marine seismic business have been so busy in so many places around the world. Demand for surveys is nearly at an almost all-time high…
Overall, total capital investment on developing UK oil & gas reserves rose by 40% to £8.5 billion in 2011, according to Oil & Gas UK's 2012 Economic Report. Confirmation in the 2012 UK Budget of measures to promote activity in a targeted way…
