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Issues impacting on the further development of oil and gas resources

Decommissioning of offshore facilities increasing significantly – Oilpro

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December 8, 2016

The decommissioning of aging offshore oil and gas platforms, subsea wells and related assets is increasing dramatically, with more than 600 projects expected to be disposed of during the next five years alone. Source: Decommissioning of offshore facilities increasing significantly – Oilpro

Breaking News: 2 Major Incidents Underway as Platform Collapses and another Catches Fire Offshore Azerbaijan – Oil and Gas News

Breaking News: 2 Major Incidents Underway as Platform Collapses and another Catches Fire Offshore Azerbaijan – Oil and Gas News on Oil and Gas People Source: Breaking News: 2 Major Incidents Underway as Platform Collapses and another Catches Fire Offshore Azerbaijan – Oil and Gas News

Shell to tie executive bonuses to greenhouse gas goals – Business – CBC News

The new initiative by the Anglo-Dutch group comes in response to mounting pressure from investors to adapt to an expected flattening in oil consumption within as little as five years and international plans to phase out fossil fuels by the end of the century to combat global warming. Source: Shell to tie executive bonuses to… Read More ›

Ichthys LNG

The giant Ichthys LNG project is operated by Japanese based INPEX. It is the company’s largest project to date, with a total investment of around US$34 billion. The development consists of the ‘Central Processing Facility’ (CPF), the main offshore semisubmersible platform; a floating production storage and offloading (FPSO) vessel; an onshore processing facility; and a… Read More ›

Japan Is Aggressively Buying Up Oil And Gas Around The World | OilPrice.com

2017 could be a surprisingly exciting time for oil and gas developers, as investors begin to return to the oil and gas sector, with Japan leading the way Source: Japan Is Aggressively Buying Up Oil And Gas Around The World | OilPrice.com

Scallop deaths linked to seismic surveys being carried out on seabed, Tasmanian report finds – ABC News (Australian Broadcasting Corporation)

The The report did not directly address whether seismic testing in 2010 in Bass Strait resulted in the scallop deaths. The Victorian Government has previously ruled out any link and it has maintained that position. Source: Scallop deaths linked to seismic surveys being carried out on seabed, Tasmanian report finds – ABC News (Australian Broadcasting… Read More ›

Oil Majors Seeking Norway Exit Warned Shutdown Costs May Remain – Bloomberg

As oil majors are considering exiting Norway, the government is warning them that they could still be on the hook for billion of dollars in costs to close down dried up oilfields if they aren’t careful to whom they sell. Source: Oil Majors Seeking Norway Exit Warned Shutdown Costs May Remain – Bloomberg

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