Latest News - page 1575


Total Awards Tyra Monitoring Work to Emerson

Nov 25, 2019

Emerson announced on Monday it has been awarded a contract from Total to provide wellhead pressure monitoring technology to enhance safety during the multi-year redevelopment project to extend the life of Denmark’s biggest gas field.The Tyra…

Pirates Attack Anchor Handler off Equatorial Guinea

Nov 25, 2019

Pirates have abducted seven crew members from an anchor handling tug supply (AHTS) vessel offshore Equatorial Guinea, the vessel's owner Swire Pacific Offshore (SPO) said.The Singaporean-flagged Pacific Warden was attacked on November 20, 2019 at approximately 5 a…

SHI to Pay $75 Mln to Resolve Bribery Case

Nov 25, 2019

Samsung heavy industries Co Ltd has agreed to pay more than $75 million in criminal penalties to resolve a U.S. investigation of a scheme to pay millions of dollars in bribes to officials in Brazil, the U.S. Justice Department said on Friday…

Mitsubishi Beats Shell to Buy Eneco

Nov 25, 2019

A group led by Japan's Mitsubishi Corp will buy Eneco in a deal valuing the Dutch energy firm at 4.1 billion euros ($4.52 billion), Eneco said on Monday, beating off rival bids from Shell and private equity firm KKR.Eneco, a company owned by…

BV Wins Shell Services Deal

Nov 25, 2019

testing, inspection and certification services firm Bureau Veritas said its consultancy and outsourcing brand has been awarded a three-year Enterprise Frame Agreement with Shell to provide asset integrity management support services.The scope…

Ardyne Scores Services Deal from Equinor

Nov 25, 2019

UK plug, abandonment and casing recovery specialist Ardyne said it has entered a frame agreement with Norwegian energy company Equinor to provide fishing services covering all of the operator’s assets on the Norwegian Continental Shelf.The agreement…

North Sea: A Stage for the Energy Transition

Nov 25, 2019

As the energy transition continues to pick up pace globally, the North Sea has the potential to become a global showcase for impactful change as a number of low carbon solutions grow in prominence, with partnership models becoming critical for the future of the basin…

U.S. Needs to Revive Shallow-Water GoM E&P

Nov 24, 2019

The US should define the Gulf of Mexico Shallow Water Province as a distinct entity to avoid stranding more than $20 billion of its oil and gas resource, said a new research.According to a research from the Bureau of Safety and Environmental…

Mako Gas Field Exceeds Hopes: Conrad

Nov 24, 2019

Indonesian oil & gas exploration and production company Conrad Petroleum has flowed dry gas from its Tambak-1 well located in the Duyung PSC in the West Natuna Basin, offshore Indonesia.The Tambak-1 well was designed to both appraise the Mako…

Honeywell Builds ICSS for BP Offshore Platform

Nov 24, 2019

The U.S. engineering and automation conglomerate Honeywell International said that it has been chosen to design and deliver an integrated control and safety system (ICSS) to remotely support BP’s Cassia compression platform located offshore Trinidad and Tobago…

Anbaric Plans 16GW US Offshore Wind Grid

Nov 24, 2019

US offshore transmission developer Anbaric has applied to the Bureau of Ocean Energy Management (BOEM) to develop a 16GW grid off the north-eastern coast to connect the region's planned offshore wind projects.Named as the Southern New England OceanGrid…

Equinor, ESB Target Irish Offshore

Nov 24, 2019

Ireland-based energy company Electricity Supply Board (ESB) and Norwegian energy company Equinor plan to jointly develop offshore wind sites and enter them into the country's renewable energy auctions from the mid-2020s.The partnership will…

GoM Oil Output Set for Record Year

Nov 24, 2019

The U.S. Gulf of Mexico is positioned for another year of record oil production in 2020, despite massive cuts in investment.According to Rystad Energy, most of this growth coming from deep water projects.“2020 is expected to be another record year with average production above 1…

Chase the Right Metrics for Better Production Results

Nov 24, 2019

Oil and gas companies track and incentivize a variety of metrics, but these actions can inadvertently lead to lower production levels and affect lifting costs.If there’s an incentive for fast drilling instead of precisely placed wellbores that maximize contact with sweet spots…

SBM Acquires Constellation's Stakes in 5 FPSOs

Nov 22, 2019

SBM Offshore announced on Friday it has completed the purchase of Constellation’s equity ownership in the lease and operating companies related to five Brazilian floating production, storage and offloading units (FPSO).The Netherlands based…

Current News

DroneQ Robotics, Mark Offshore Collaborate with R/V Mintis

OMV Petrom’s Black Sea Well Fails to Find Significant Gas Volumes

Eco Wave Power Completes Los Angeles Wave Energy Pilot with Shell

Borr Drilling Secures New Drilling Rig Contracts Across Four Regions

Subscribe for OE Digital E‑News