Activity News


Asia's Largest Oil Industry Meeting APPC Will be Virtual

Jun 11, 2020

Asia's largest energy industry gathering, the Asia Pacific Petroleum Conference will this year take place virtually because of the coronavirus pandemic, S&P Platts said on Thursday.The conference will be held from Sept. 14 to Sept. 16, Platts said in a statement…

Bahamas Petroleum, Columbus Energy Propose All-Stock Merger

Jun 11, 2020

Bahamas Petroleum Company, an oil firm with assets in the Bahamas, and as of recently offshore Uruguay, is set to merge with Trinidad-focused Columbus Energy Resources.The boards of directors of the two companies on Thursday said they had reached…

Ampelmann's Gangway for New Ice-Breaking W2W Vessel

Jun 11, 2020

Dutch offshore crew transfer specialist Ampelmann will deliver an ice-strengthened gangway for the recently ordered, Russia-bound, shallow draft ice-breaking walk to work vessel.As previously reported, Dutch shipbuilder Niestern Sander, with compatriot vessel-owner Wagenborg Offshore…

CNOOC Brings Online Bohai Bay Oil Field

Jun 11, 2020

Chinese oil company CNOOC has started production from its Qinhuangdao 33-1S oil field phase I in the Bohai Bay.Qinhuangdao 33-1S is a shallow water oilfield, located in central and western Bohai with an average water depth of 21 meters. 'The…

PHOTO: CNOOC Completes First Development Well at Lingshui 17-2

Jun 11, 2020

Chinese oil company CNOOC has this week completed the drilling of the first development well at the Lingshui 17-2 (LS 17-2) gas field development in the South China Sea, offshore China.The info, along with the photos, was shared by CIMC-Raffles…

Nexans Secures €280M State-backed Loan

Jun 11, 2020

French industrial cable provider Nexans announced today the execution of a French State-backed €280 million (around $318,4) term loan facility, issued by a pool of French banks.The loan has a twelve-month maturity and an extension option, up to five years…

Sarawak State to Sue Petronas over Sales Tax

Jun 11, 2020

Malaysia's energy-rich Sarawak state will pursue legal proceedings against national oil company Petronas over the non-payment of sales tax, backtracking on a settlement agreement reached last month, national news agency Bernama reported.Petronas and Sarawak had reached a settlement in May…

About 24% U.S. Gulf Offshore Oil Output Shut after Storm

Jun 11, 2020

About 24%, or 435,767 barrels per day (bpd), of crude oil production, remain[ed] shut in the offshore U.S.-regulated Gulf of Mexico on Wednesday after Tropical Storm Cristobal, the U.S. Bureau of Safety and Environmental Enforcement (BSEE) said…

Europa Oil & Gas to Acquire DNO's Offshore Block in Ireland

Jun 11, 2020

Oil and gas company Europa Oil & Gas has agreed to acquire an offshore license in Ireland, near the producing Corrib gas field, from DNO.Europa said the block, formally known as Frontier Exploration Licence (‘FEL’) 3/19, contains the 1.2 tcf Edge prospect…

Equinor, Aker BP to Jointly Develop Several Offshore Fields in Norway

Jun 11, 2020

Norwegian oil companies Equinor and Aker BP have agreed on commercial terms to jointly develop several fields on the Norwegian Continental Shelf.The coordinated development will include Krafla, Fulla and North of Alvheim (NOAKA) offshore licenses…

Ørsted Installs Its 1500th Offshore Wind Turbine

Jun 11, 2020

Danish offshore wind farm developer Ørsted has said it has reached a milestone in its expanding offshore wind business with the installation of its 1500th offshore wind turbine.The turbine was installed at the Borssele 1 & 2 offshore wind farm in the Dutch North Sea…

Norway Seeks More Details from Equinor on International Ops

Jun 10, 2020

Norway's energy minister said state-controlled Equinor must be more transparent about its foreign businesses after it was hit by mounting losses from U.S. oil and gas investments.Equinor made a series of acquisitions of onshore and offshore…

LOC Completes MWS Work for Qatargas' North Field Bravo Project

Jun 10, 2020

Marine and engineering consulting firm LOC Group has recently completed Marine Warranty Surveyor work for the Qatargas North Field Bravo Expansion Project, offshore Qatar.The scope of work included the review of the engineering and procedures for the design…

Aker Solutions' Umbilicals for Murphy's King’s Quay FPS

Jun 10, 2020

Norwegian offshore engineering and construction company Aker Solutions will deliver umbilicals for Murphy's King's Quay offshore project in the U.S. Gulf of Mexico. Aker Solutions said Wednesday that the contract for the delivery of umbilicals was awarded to it by Subsea 7…

Oil Workers' Union, Petrobras Dismiss 'Fake News' of Helicopter Crash Offshore Brazil

Jun 10, 2020

Brazilian oil workers' union and oil company Petrobras have this week dismissed reports of a helicopter crash in the Campos basin, as fake news.Union SindipetroNF issued a statement is which it said that the 'news published in some media on Monday…

Current News

Norway Sees Long-Term Oil, Gas Decline Despite Short-Term Stability

Equinor Does Not Plan to Return to Venezuela

Aker Solutions Secures Five-Year Maintenance Agreements with Equinor

Trelleborg Acquires Nexus Elastomer Molds GmbH

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