Offshore Engineer Oil News


Woodside Starts Commissioning at Greater Enfield

Jul 10, 2019

Australia's Woodside Petroleum Ltd has started commissioning activities at the $1.9 billion Greater Enfield oil project off the state of Western Australia, two people with knowledge of the matter said on Wednesday.Oil from the project is expected to be sought after by traders in Asia…

Saudi Aramco Awards Contracts Worth $18 Bln

Jul 09, 2019

Saudi Aramco has awarded 34 contracts with a total value of $18 billion for engineering, procurement and construction projects at its Marjan and Berri oilfields, the company said on Tuesday.Saudi Aramco plans to boost production capacity from the two fields by 550…

Thought Leadership: Class & Regulations

Jul 09, 2019

Senior representatives from “thought leaders” ABS, DNV GL and Lloyd’s Register weigh in on some of the top class and regulatory issues facing the offshore industry today, from decommissioning and decarbonization to cyber security, unmanned surface vessels and beyond…

Oil Rises Toward $65

Jul 09, 2019

Oil rose towards $65 a barrel on Tuesday as OPEC supply cuts and Middle East tensions outweighed the U.S.-China trade dispute that has been dragging down the global economy and oil demand.OPEC and its allies led by Russia agreed last week to extend their supply-cutting deal until March 2020…

Rosneft Cuts Oil Output

Jul 09, 2019

Russia's largest oil producer Rosneft said on Tuesday its oil production had declined due to a decision by oil pipeline monopoly Transneft to reduce intake of oil due to a contaminated oil issue.It said Transneft had imposed a 'significant'…

A1 Offshore Teams Up with Kenzfigee

Jul 04, 2019

Danish provider of offshore service vessels A1 Offshore Solutions ApS and lifting and offshore equipment specialist KenzFigee have signed a cooperation agreement to offer clients in the offshore oil, gas and wind industry a cost-efficient and safe Walk-to-Work vessel solution…

Aker BP Discovers Oil at Frosk

Jul 02, 2019

Aker BP ASA, operator of production license 340, has finalized the results after drilling wildcat well 24/9-15 S (Froskelår Nordøst) and appraisal well 24/9-15 A.According to a press note from the Norwegian Petroleum Directorate (NPD), the wells…

Sapura Energy Bags Multiple Contracts

Jul 01, 2019

Malaysia’s oilfield services player Sapura Energy said it has has clinched contracts worth a total of MYR 1 billion ($242 million) for several new oil patch deals and one – the company’s first – offshore wind contract.The 10 new contracts are…

Shell, Exxon Eye Somalia's Offshore

Jun 28, 2019

Royal Dutch Shell and Exxon Mobil are looking to return to Somalia ahead of an oil block bid round later this year, the East African country's oil ministry said.Shell and Exxon Mobil had a joint venture on five offshore blocks in Somalia prior…

W&T Buys Exxon's Eastern GoM Assets

Jun 27, 2019

W&T Offshore announced on Thursday that it has entered into a purchase and sale agreement with ExxonMobil to acquire their interests in and operatorship of oil and gas producing properties in the eastern region of the Gulf of Mexico, offshore Alabama…

Zama Resource Estimate Upgraded

Jun 27, 2019

Talos Energy and its partners have increased the resource estimate of the Zama field in the offshore portion of Mexico's Sureste Basin, following evaluation of the data acquired from the Talos-operated Block 7 Zama appraisal campaign.'Based on the preliminary results of our appraisal program…

LLOG Begins Production at Buckskin

Jun 26, 2019

US-based LLOG Exploration announced on Tuesday that it has started production from the large-scale deepwater Buckskin project in the US Gulf of Mexico. Buckskin, which is located on Keathley Canyon blocks 785, 828, 829, 830, 871 and 872 in approximately 2…

BHGE to Bring AI to Oilfield

Jun 26, 2019

Oilfield service company Baker Hughes, a GE Company (BHGE) has entered into a joint venture with the California-based Artificial Intelligence (AI) software provider C3.ai to accelerate the digital transformation in the oil and gas industry.'AI…

Brent Bravo Arrives at Able Seaton Port

Jun 25, 2019

The giant 25,000-metric-ton Brent Bravo oil platform topsides arrived at Able Seaton Port in preparation for its dismantling and recycling, said Peter Stephenson, founder and Executive Chairman of Able UK.The Brent Bravo, which stands 410 feet tall and 230 feet wide…

Wood Tallies Grane FEED Contract

Jun 24, 2019

Uk headquartered engineering firm Wood said on Monday it has secured a contract from Norwegian energy firm Equinor to deliver front-end engineering design (FEED) services for brownfield modifications to the Grane offshore facility in Norwegian sector of the North Sea…

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