Activity News

 

Equinor to Resume Gullfaks C Output After Well Incident

Aug 23, 2024

Norway's Equinor has begun work to resume output at its Gullfaks C oil and gas platform in the North Sea after a shutdown on Sunday, a company spokesperson said on Tuesday.The incident was caused by problems with one of the platform's wells…

US Moving Forward with Second Central Atlantic Offshore Wind Sale

Aug 22, 2024

The United States is advancing plans for a second regional offshore wind energy auction in the Central Atlantic.On Wednesday, the Interior Department's Bureau of Ocean Energy Management (BOEM) announced it will issue a Call for Information and Nominations for the Central Atlantic 2 sale…

FourPhase Bags New Contracts and Extensions

Aug 22, 2024

FourPhase, a specialist in solids and production performance for the oil and gas industry, announced it has secured three new or extended service contracts with international operators, reinforcing its role in maintaining sand-producing wells…

Chevron Awarded Greenhouse Gas Assessment Permit Offshore Australia

Aug 22, 2024

U.S.-based supermajor Chevron announced it has been awarded a greenhouse gas (GHG) assessment permit offshore Western Australia.The G-18-AP permit is offshore from Onslow, Western Australia and covers an area of approximately 8,467 km2 with water depths of 50-1100m…

Egypt Plans to Restore 'Normal' Oil and Gas Production by 2025

Aug 22, 2024

Egypt plans to return oil and gas production to normal levels from 2025 with the help of international partners, Prime Minister Mostafa Madbouly said in a press conference on Thursday.The North African country had aimed to become a regional…

Norway Calls on Oil Firms to Boost Exploration and Investment

Aug 21, 2024

Norwegian oil and gas companies should boost investments in exploration and production to slow an expected decline in the country's output in the coming years, the national petroleum industry regulator said in a resource report on Wednesday…

BP Picks Designers for Kaskida FPU in the US Gulf of Mexico

Aug 21, 2024

BP has selected Exmar Offshore and Audubon Engineering Company to complete engineering and design of a floating production unit (FPU) destined for the British supermajor's deepwater Kaskida development in the U.S. Gulf of Mexico.Exmar Offshore…

Prosafe Lands Contract for Safe Boreas

Aug 21, 2024

Prosafe announced it has secured a contract for one of its semi-submersible accommodation vessels, Safe Boreas.In May, the Oslo-listed company said it was awarded a conditional letter of intent by an undisclosed client for the provision to provide…

Norway Eyes Increased Oil and Gas Exploration Through 2050

Aug 21, 2024

According to the Norwegian Offshore Directorate's projected scenarios leading up to 2050, the difference between high and low production of oil and gas can amount to nearly an entire government pension fund.Norway still has extensive oil and gas resources on the Norwegian continental shelf (NCS)…

First Oil from Norway's Balder X Delayed ... Again

Aug 21, 2024

Norway's Vaar Energi has again postponed the startup of its North Sea Balder X oil and gas project, planning to begin output in the second quarter of 2025 rather than by the end of this year, the company said on Wednesday.Plagued by cost overruns and delays…

Gullfaks C Ops Resume, says Equinor

Aug 20, 2024

Norway's Equinor has begun work to resume output at its Gullfaks C oil and gas platform in the North Sea after a shutdown on Sunday, a company spokesperson said on Tuesday.  The incident was caused by problems with one of the platform's wells…

Hess Guyana's Value is Central to Exxon Mobile Spat

Aug 20, 2024

An arbitration panel that will decide a high-profile clash between Exxon Mobil and Chevron will delve into the secret value of Hess' oil riches in Guyana, people familiar with the matter said.Chevron last October offered to pay $53 billion for Hess…

Production at Libya's Sharara Oilfield Up to 85,000 bpd

Aug 19, 2024

Production at Libya's Sharara oilfield has risen to about 85,000 barrels per day in a move aimed at supplying the Zawia oil refinery.Libya's National Oil Corporation (NOC) had declared force majeure on oil exports from the field on August 7 after a blockade by protesters hit production at the 300…

Gas Production Starts in Argo Cassiopea field, says Eni

Aug 19, 2024

Eni reports it started gas production from the Argo Cassiopea field, coming from one of the four subsea wells drilled in recent months in the Strait of Sicily. Once captured, the gas is transported through a 60 km subsea pipeline to the Gela processing plant…

Crowley Breaks Ground on Salem Offshore Wind Terminal

Aug 19, 2024

A ceremonial groundbreaking ceremony was held to signal the start of construction at the Salem Offshore Wind Terminal in Massachusetts.The Crowley Wind Services-led project involves transforming a former oil- and coal-fired power plant into Massachusetts’ second wind port…

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