Plug and play is a concept from the computing and space industries, where equipment is designed to be connected, operated and reused more simply and efficiently. Adopting this concept in oil and gas could significantly reduce the cost of developing small pools.
Aker BP ASA, operator of production licence 212, has concluded the drilling of a combined exploration and appraisal well, 6507/5-8, near and on Ærfugl.
The announcement also sees Vryhof businesses secure contracts in Cooper’s main target drilling area - offshore Victoria, Australia - for the first time.
The Oil & Gas Innovation Centre (OGIC) has invested more than £300,000 into three new projects which have the potential to cut operational costs and improve efficiency in the oil and gas industry.
Aker BP ASA, operator of production licence 340, has concluded the drilling of wildcat well 24/9-12 S and appraisal well 24/9-12 A, which was drilled 850 metres southwest of the discovery well, 24/9-12 S.
Submitted by Editorial staff on 23rd February 2018
23rd February 2018
A new report from Westwood Global Energy Group shows better oil and gas exploration performance in 2017 than 2016 with discovered volumes, success rates and finding costs all improving.
Submitted by Editorial staff on 20th February 2018
20th February 2018
CGG GeoConsulting and the Petroleum Corporation of Jamaica (PCJ) have announced the discovery of two independent live oil seeps from different parts of the island of Jamaica.
Eni has signed two Exploration and Production Agreements (EPA) with the Republic of Lebanon covering Blocks 4 and 9, located in the deep waters offshore Lebanon.
