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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…

Semco Chosen for 'Energean Power' FPSO

May 09, 2019

TechnipFMC has chosen Semco Maritime to deliver telecommunication systems, topside firefighting equipment and safety equipment for the ‘Energean Power’ FPSO for the Karish & Tanin fields, offshore Israel.As a total systems integrator Semco Maritime…

Chevron Backs Out of Anadrako Takeover Battle

May 09, 2019

US oil major Chevron has stated that it will not make a counter proposal for Anadarko Petroleum, following Occidental's counter bid. Chevron said that: 'Under the terms of its previously announced merger agreement with Anadarko Petroleum Corporation…

Chariot Eyes 1 Tcf in Moroccan Licence

May 09, 2019

UK-based Atlantic focused explorer Chariot Oil & Gas says its Anchois-1 gas discovery and nearby prospects in the Lixus Offshore Licence, off Morocco, contains 1 Tcf.Following completion of an independent competent persons report (CPR), it also says a nearby prospect…

Aker BP Cleared for Freke-Garm Exploration

May 09, 2019

Aker BP is gearing up to drill its Freke-Garm exploration well in the Norwegian sector of the North Sea using Odfjell Drilling's Deepsea Stavanger semisubmersible drilling rig. Norway's Petroleum Safety Authority (PSA) authorised the well, 15/6-15…

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