Activity News

 

BSEE: Multiple Factors Behind 2020 Gulf of Mexico Platform Fatality

Jan 19, 2022

The Bureau of Safety and Environmental Enforcement (BSEE) has released an investigation report into an incident that saw a rigger fall to his death through the grating aboard Fieldwood Energy's oil platform offshore Louisiana in May 2020.The incident happened aboard Ewing Bank…

Norwegian Supply Increase Not Enough to Replace Missing Russian Gas

Jan 19, 2022

Norway is delivering natural gas to Europe at maximum capacity, but this cannot replace any missing supplies from Russia, Norwegian Prime Minister Jonas Gahr Stoere said on Wednesday.Norwegian companies have optimized their delivery potential…

Petrojarl I FPSO Extends Stay at Enauta's Atlanta Field, Offshore Brazil

Jan 19, 2022

Brazilian oil company Enauta has extended the charter of the Petrojarl I FPSO, used as an early production system at its Atlanta field, in the Santos Basin, offshore Brazil.Enauta signed contracts with Altera to extend the charter and Operation and Maintenance (O&M) of FPSO Petrojarl I…

Eco Atlantic Increases Exposure in Canje Block Off Guyana

Jan 19, 2022

Oil and gas firm Eco Atlantic has increased its stake in JHI Associates by acquiring additional 800,000 common shares in JHI in return for 1,200,000 new common shares in Eco.'The purchase of the 800,000 common shares in JHI is expected to be completed on 21st January 2022…

BV to Provide Project Certification for 100MW Celtic Sea Floating Wind Farm

Jan 19, 2022

Bureau Veritas (BV) has said it has been selected to carry out the project certification of Erebus floating wind farm in the Celtic Sea, in Wales, UK.Located 44km from the Pembrokeshire coastline in up to 75 meters water depth, the 100MW Erebus…

Germany Signals it Could Halt Nord Stream 2 Pipeline if Russia Invades Ukraine

Jan 19, 2022

Germany signaled on Tuesday that it could halt the Nord Stream 2 pipeline from Russia if Moscow invades Ukraine, and Western nations rallied behind Kyiv over a Russian troop buildup that has stoked fears of war.Stepping up diplomacy after talks with Russia ended in stalemate last week…

Decarbonization: Seismic Surveyor PGS Nets Another CO2 Storage Survey Gig

Jan 19, 2022

PGS, a Norwegian seismic data company best known for its offshore oil and gas exploration services, is expanding into the carbon capture and storage arena with its second carbon storage survey deal announced in as many days.Namely, a day after…

Inside OPEC, Views are Growing That Oil's Rally Could be Prolonged

Jan 19, 2022

Oil's rally may extend further in the next few months due to recovering demand and limited capacity in OPEC+ to add supply and prices could break $100 a barrel, OPEC officials have told Reuters.Oil last traded at $100 a barrel in 2014, after averaging $110 a barrel over the previous two years…

Brazil's Bolsonaro to Visit Suriname and Guyana to Discuss Oil Cooperation

Jan 19, 2022

Brazilian President Jair Bolsonaro will visit Suriname and Guyana on Thursday and Friday for talks on economic cooperation following recent discoveries of oil and gas by Brazil's two neighbors, the foreign ministry said on Monday.Bolsonaro and the presidents of Suriname…

Delfin Plans Louisiana Floating LNG FID in 2022

Jan 19, 2022

U.S. liquefied natural gas (LNG) developer Delfin LNG said it plans to make a final investment decision (FID) to go forward with its Gulf of Mexico floating LNG export project off Louisiana in 2022.'This is the best macro-environment that the LNG business has ever seen…

Maersk Drilling Nets Long-term Contract for Maersk Reacher Jack-up Rig

Jan 19, 2022

Danish offshore drilling company Maersk Drilling has won a contract with TotalEnergies E&P Danmark for its jack-up drilling rig Maersk Reacher.TotalEnergies will use the Maersk Reacher for well intervention services in the Danish North Sea. The contract is expected to start in July 2022…

Murphy Oil Books Valaris Floater for Gulf of Mexico Wells

Jan 19, 2022

Offshore drilling contractor Valaris said Tuesday it had secured two one-well contracts with subsidiaries of Murphy Oil Corporation for its semi-submersible drilling unit Valaris DPS-5.The first contract for the 2012-built offshore drilling rig is in the U…

Chariot Completes 'Very successful' Drilling Campaign Offshore Morocco

Jan 18, 2022

Morocco-focused oil and gas company Chariot has completed its successful gas drilling operations on the Anchois gas project within the Lixus licence, offshore Morocco. Chariot, which last week announced a 'transformational' gas find at Anchois well…

Energean Expects First Gas from Karish Offshore Field by Q3

Jan 18, 2022

London-listed oil and gas company Energean said Tuesday its Karish gas field in the Mediterranean Sea, offshore Israel would come on stream by the third quarter of the year, with the Energean Power FPSO expected to sail away from Singapore during this quarter…

Oil Prices Climb to Highest Since 2014

Jan 18, 2022

Benchmark oil prices climbed to their highest since 2014 on Tuesday as possible supply disruption after attacks in the Mideast Gulf added to an already tight supply outlook.Brent crude futures rose by $0.74, or 0.9%, to $87.22 a barrel at 1446 GMT…

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