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US Drilling Firms Grow Oil and Gas Rig Count

Aug 12, 2024

U.S. energy firms this week added oil and natural gas rigs for the third time in four weeks, energy services firm Baker Hughes said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future output, rose by two to 588 in the week to August 9…

SeaTwirl, Serica Energy to Explore Electrification of Offshore Assets with Floating Wind

Aug 12, 2024

Floating wind turbine developer SeaTwirl has signed memorandum of understanding (MoU) with offshore oil and gas operator Serica Energy to collaborate on exploring the feasibility of electrification of offshore assets and oil and gas activities with SeaTwirl's floating wind turbine…

Petrobras Posts First Net Loss Since 2020

Aug 09, 2024

Brazilian state-run oil giant Petrobras on Thursday posted a net loss of 2.6 billion reais ($470 million) for the second quarter of 2024, the firm said as it announced lower-than-expected results and a reduction in investment estimates.Despite the results…

TotalEnergies Extends DeepSea Mira’s Stay in West Africa

Aug 09, 2024

Offshore drilling rig owner Northern Ocean has secured a contract extension with TotalEnergies for DeepSea Mira semi-submersible rig for continued work in West Africa.The firm term of the contract is extended from October 2024 for one well and provides one additional well option…

Chevron’s Gorgon Gas Development Backfill Fields Proposal Up for Public Input

Aug 09, 2024

Chevron’s Gorgon gas development backfill fields offshore project proposal, which includes the tie-up of seven backfill fields to the existing subsea infrastructure offshore Australia, has been made available for public comment.Chevron proposes…

Norway Greenlights Equinor’s Drilling Ops in North Sea

Aug 09, 2024

The Norwegian Offshore Directorate (NOD) has granted Equinor a permit to drill a wildcat well in the North Sea, using Odfjell Drilling’s Deepsea Atlantic rig.The drilling permit is for wellbore 35/11-30 S in production license 090, which is operated by Equinor with 45% working interest…

Petrobras Secures Key Licenses to Boost Offshore Oil Production

Aug 08, 2024

Brazil's state-run oil company Petrobras has obtained environmental licenses to expand production in two offshore fields, and could have one vessel start production earlier than expected in one field, three people with knowledge of the matter told Reuters…

Havila Shipping Secures Work for Its PSV

Aug 08, 2024

Norwegian offshore support vessel owner Havila Shipping has entered into contract with Peterson Den Helder for its platform supply vessel (PSV) Havila Borg.The contract, whose value was not disclosed, is for a firm period of two wells estimated to 200 days…

AI Tools Lift ADNOC's SARB Field Production Capacity for 25%

Aug 08, 2024

Abu Dhabi National Oil Company (ADNOC) has started Artificial Intelligence (AI)-enabled digital operations at its offshore Satah Al Razboot (SARB) field, achieving 25% increase in production capacity with the help of advanced digital technologies…

Equinor's Platform Supply Vessel Set to Operate on Gasum’s bio-LNG

Aug 08, 2024

Gasum and Equinor have launched a series of liquefied biomethane (bio-LNG) bunkering operations in Norway's Port of Dusavik, with bio-LNG being bunkered to Equinor’s chartered platform supply vessel Island Crusader.The first bio-LNG delivery was successfully carried out mid-July…

Italian Firm Gets Electrolyser Assembly Job for Dutch Offshore Wind Farm

Aug 08, 2024

CrossWind has awarded Fores Engineering, a subsidiary of the Rosetti Marino Group, a contract for the assembly of 2.5 MW offshore electrolyser for the Hollandse Kust Noord offshore wind farm.The contract is for the assembly of a 2.5 MW Offshore…

RINA Clears Saipem’s Protocol for Subsea Hydrogen Pipeline Materials

Aug 08, 2024

Italian classification and marine engineering consultancy RINA has issued two certifications for Saipem’s methodology of qualification of the performances of subsea hydrogen pipelines.One of the challenges of transporting hydrogen through converted…

Harbour Energy Shrinks Full-Year Production Outlook

Aug 08, 2024

Harbour Energy, the largest British North Sea oil and gas producer, reported a net profit for the first half of the year from a year-earlier loss and narrowed its full-year 2024 total production outlook on Thursday.Following a spike in energy prices in 2022…

SBM Offshore to Build FSO for Woodside’s Trion Development Off Mexico

Aug 08, 2024

Dutch FPSO leasing specialist SBM Offshore has signed a contract with Woodside for the construction of a floating storage and offloading (FSO) unit for the Trion deepwater oil field, located in the Perdido Belt of the western Gulf of Mexico…

Improved Security Lifts Nigeria's Oil Output

Aug 07, 2024

Nigeria's oil output has risen to between 1.6 million and 1.7 million barrels per day after the government beefed up security to curb crude theft, Chief of Naval Staff Emmanuel Ikechukwu Ogalla said on Tuesday.Crude production in Nigeria, a…

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