The Oil & Gas Technology Center (OGTC) and Deep Science Ventures (DSV) have selected two pioneering start-up companies to join industry-leading technology accelerator program, TechX Pioneers.A groundbreaking collaboration between the OGTC and DSV…
Siccar Point Energy CEO Jonathan Roger said he is “encouraged” by drilling results at the Blackrock exploration well 204/5b-2 in the West of Shetland.The well was drilled with Diamond Offshore’s Ocean GreatWhite semi-submersible rig on Licence P1830 in 1…
Equinor said it has awarded a group of drilling service contracts worth about NOK 2.5 billion ($286 million), exclusive of options, to several suppliers.The services will be delivered to both new and existing fields on the Norwegian continental shelf (NCS)…
McDermott International said on Tuesday it has been awarded contract from Petrobras for engineering, procurement, construction and installation (EPCI) of subsea risers and flowlines for the first phase of the Sepia field, located 280 kilometers from the Rio de Janeiro coastline in Brazil…
The stately Norwegian operator’s foray into South Australian offshore and Norway’s remote areas is being contested by increasingly successful green groups.A first installment of Norwegian operator Equinor’s plans to drill and develop oil reserves…
The Jasmine field, operated by Mubadala Petroleum, is located 200 kilometers south of Bangkok. This field has a sandstone reservoir and is highly complex and compartmentalized. Many good sands have a thickness of about 30 feet to 40 feet, reservoir pressure is supported by a strong aquifer…
Authorities are monitoring a natural gas and condensate release from an orphan well four nautical miles southeast of Bob Hall Pier near Corpus Christi, Texas, the US Coast Guard said on Thursday (May 9).The Coast guard said watchstanders at…
A platform supply vessel (PSV) owned and operated by Wilson Sons UltraTug Offshore has been converted to a shallow dive support vessel (SDSV) for a Petrobras job offshore Brazil.The vessel, Fulmar, needed an upgrade from DP1 to DP2 Class notation…
Norwegian oil company Equinor announced Monday it has acquired an additional 22.45% stake in the deepwater Caesar Tonga oilfield in the U.S. Gulf of Mexico from Shell for $965 million in cash.The Andarko-operated Caesar Tonga field is located in 1…
British oil and gas company Hurricane Energy started up its Lancaster field west of Scotland's Shetland Islands, it said on Monday, pushing its shares up 6 percent to a seven-week high.Hurricane specializes in recovering oil from fractures in…
Production at Norway's Oseberg oil and gas field, whose crude is a part of global oil benchmark Brent, is expected to remain shut for eight days, longer than previously anticipated, the company said on Friday.Production at the field was shut…
Italian supermajor Eni said it has found gas and condensate in the first exploration well drilled in CTP-Block 4, approximately 50 kilometers off the Ghana coast.The well was drilled on the Akoma exploration prospect and proved an estimated…
SeaBird Exploration announced Friday it has secured a new contract for source work in the US Gulf of Mexico with an unnamed repeat customer. The Osprey Explorer, which recently completed an Ocean-bottom node (OBN) survey for another customer…
Brazil's national energy council on Thursday published updated parameters for a massive oil auction scheduled for later this year, including minimum levels of profit-sharing with the government, while also urging a shakeup in the refinery sector…
Aker ASA expects Ghanaian authorities to approve a revised $4.4 billion development plan for the offshore Pecan oilfield by the end of the third quarter of 2019, the Norwegian investment firm's chief executive told Reuters on Friday.The company…