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SeaBird Tallies US GoM Contract

May 10, 2019

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…

Interview: Mark Jones, CEO InterMoor

May 10, 2019

Mark Jones heads up InterMoor, part of the Acteon group of companies. The CEO weighs in on new technology developments and key markets driving growth for the mooring, foundations and subsea services firm.What type of mooring solutions are most in demand today…

Timeline: Occidental's Anadarko Victory

May 10, 2019

Before Occidental Petroleum Corp clinched a deal on Thursday to buy Anadarko Petroleum Corp for $38 billion, it pursued its U.S. oil and gas exploration and production rival for nearly two years, culminating in the sector's most high-profile public contest since the 1980s…

Brazil Sets Parameters for Mega Oil Auction

May 10, 2019

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…

Ghana's Pecan Field Approval Seen by Q3

May 10, 2019

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…

EDS HV Wins North Hoyle O&M Deal

May 10, 2019

European energy company Innogy has awarded the high voltage engineering specialist  EDS HV Group a contract on behalf of project owners Greencoat Wind UK for operations and maintenance management at North Hoyle offshore wind farm in Liverpool Bay off the UK's north west coast…

NPD Grants Drilling Permit to Equinor

May 10, 2019

The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy AS, the Norwegian multinational energy company, a drilling permit for wells 16/1-30 S and 16/1-30.The drilling programme for 16/1-30 S and 16/1-30 A relates to drilling of appraisal wells in production licence 167…

DOF Subsea Bags North Sea Contracts

May 10, 2019

Norwegian subsea shipping company DOF Subsea has recently secured several new contracts for project scopes to be carried out over the next few months in the North Sea. The Oslo-listed international subsea operating company said in a press note that the contracts…

Ørsted Green Bonds Successful

May 10, 2019

Danish renewable energy developer Ørsted has secured nominal GBP 900 million through the issuance of green senior bonds.The fund is to finance its green growth ambition towards 2025 including the investment in the offshore wind farm Hornsea 2 in the United Kingdom with a capacity of 1…

GustoMSC Delivers Chela to Maersk Drilling

May 10, 2019

GustoMSC, the developer of the Chela crane, has transferred the multi-functional arm to Danish offshore driller Maersk Drilling.GustoMSC, which designs and engineers solutions for mobile offshore units, said in a press release that Maersk Drilling…

Pipelayer Blast Injures 14

May 09, 2019

An explosion has struck an oil-industry vessel in the Caspian Sea, injuring 14 people, the ship's operator, Italian engineering firm Saipem, said on Thursday.The ship, the Israfil Huseynov, was involved in maintenance work linked to the Shah Deniz II project…

Shell to Invest $2 Bln per Year in Brazil

May 09, 2019

Royal Dutch Shell has plans to invest about $2 billion per year in Brazil through 2025, Chief Executive Ben van Beurden told newspaper Valor Econômico in an exclusive interview.Its investment plans could be increased to allow the company to bid in three upcoming oil and gas auctions…

DNV GL Launches Cognitive "Mining" Tool

May 09, 2019

DNV GL has launched Deep Search, a technology that will enable secure, fast and efficient processing of company knowledge and data. Deep Search is a cognitive “mining” tool that uses text and image recognition technologies making it possible to search for text in different format of documents…

Mozambique LNG FID in June, says Anadarko

May 09, 2019

Anadarko Petroleum, the U.S. independent energy group in the midst of a takeover, said on Wednesday it was ready to make a final investment decision on its $20 billion liquefied natural gas (LNG) project in Mozambique on June 18.Chief executive…

ADNOC Taps McDermott for Umm Shaif

May 09, 2019

McDermott International has been awarded a contract by ADNOC to provide front end engineering design (FEED) services on a design-competition basis for phase one of the Umm Shaif Gas Cap Condensate Development Project. The work scope also includes the preparation and submission of an engineering…

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