Archive News

Hackers Hit 75% of Drillers as Sketchy Monitoring is Blamed

Three out of four oil and natural gas companies fell victim to at least one cyber attack last year as hacking efforts against the industry become more frequent and sophisticated. That’s the finding from a report released Monday by industry consultant Deloitte LLP. Technology advances, such as Royal Dutch Shell Plc’s recent control of operations in Argentina from an operating ...

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NIOC, ENI sign MoU over Iran Oil/Gas Fields Study

The National Iranian Oil Company (NIOC) and Italy’s Eni Company signed a memorandum of understanding (MoU) for Eni to carry out studies over Kish and Darquain fields in Iran. The two sides inked the document on Tuesday at NIOC’s headquarters in Tehran. Based on the deal, Eni will carry out appraisal studies for developing the two fields and will seek ...

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Total launches second Plant 4.0 start-up incubator, accelerating digital technology deployment

PARIS — Total is launching its second Plant 4.0 start-up incubator, joined this year by Air Liquide, AREVA, Eiffage, Solvay and VINCI Energies. This is the very first multi-corporate Plant 4.0 start-up incubator in the world. The partners’ common goal is to accelerate the deployment of digital technology in industry. Buoyed by the success of the Plant 4.0 start-up incubator ...

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Lukoil produces 1 million tonnes of oil at Pyakyakhinskoye field, Western Siberia

MOSCOW — Lukoil’s accumulated oil production at Pyakyakhinskoye oil and gas condensate field in the Yamal-Nenets Autonomous District has exceeded 1 million tonnes since the start of commercial production in October 2016. The accumulated production of gas has exceeded 1.3 Bcm. The operating wellstock of the field is 57 oil and 25 gas wells. The average daily flowrate of one ...

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Maersk Invincible becomes world’s first shore-powered jack-up

COPENHAGEN — On May 28, 2017, the Maersk Invincible became the world’s first harsh environment jack-up drilling rig to operate entirely on shore-power. Reaching the Maersk Invincible through a 294-km cable from Lista, the rig is currently running on Norwegian hydropower on the Valhall Complex, where it will be operating for Aker BP until 2022. This was made possible because ...

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SBM Offshore secures contracts for next phase of Exxon Mobil’s Liza project

AMSTERDAM — SBM Offshore is pleased to announce that Exxon Mobil has formally confirmed the award of contracts for the next phase of the Liza project in Guyana. Under these contracts, SBM Offshore will construct, install, lease and operate a floating production, storage and offloading vessel (FPSO). This follows completion of front-end engineering studies and the final investment decision on ...

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