Latest News - page 1749


Environmental Activists Block BP London HQ

May 20, 2019

Greenpeace activists blocked the entrance to BP's London headquarters on Monday, demanding one of the world's biggest energy companies ends all new oil and gas exploration or goes out of business.Greenpeace activists arrived at the building…

NKT to Supply Shore Power Cables for Equinor

May 20, 2019

NKT has been awarded the turnkey project from Equinor for the 132 kV high-voltage cable connecting the oil and gas platforms Johan Sverdrup 2 and Gina Krog.Equinor has selected NKT as the turnkey supplier for the high-voltage cable project connecting…

Industry Standard Decom Contract Drafted

May 20, 2019

Law firm HFW said it has helped shipping association BIMCO draft an industry standard offshore decommissioning contact.The contract – DISMANTLECON – has been approved by BIMCO's Documentary Committee and will be released at the end of June, along with guidance notes…

Partners Set Out to Cut Offshore Emissions

May 20, 2019

Norwegian partners Kongsberg Maritime, DOF, SINTEF Ocean and NORCE have set out to reduce fuel consumption and greenhouse gas emissions for complex offshore operations, while streamlining fleet-wide maintenance.Enabled through sponsorship and support from Innovation Norway…

Drillers Come Up Dry Offshore Pakistan

May 20, 2019

The consortium exploring the Kekra-1 well off the coast of Pakistan is ending drilling operations after no reserves of oil and gas were found, a spokesman for Oil and Gas Development Co Ltd, one of the Pakistani partners, said.'The oil exploration well will be plugged and abandoned…

Statfjord Loadings Resume After Leak

May 20, 2019

Equinor has resumed crude oil loadings from its Statfjord field in the North Sea following a spill last week, the Norwegian oil and gas company said on Monday.Production from Statfjord remains unaffected, and the offloading of crude is now taking place from an alternative buoy on the field…

Up to 60% of Petrobras Production Will Be Pre-salt

May 20, 2019

Brazilian state-owned oil company Petrobras predicts that the pre-salt slice of its total oil production will rise from the current 49% to up to 60% this year. The company's director of Exploration & Production, Carlos Alberto Pereira de Oliveira…

Elia's MOG Plug to Belgian Grid

May 20, 2019

Federal Minister Philippe De Backer and Minister Marie Christine Marghem visited the Modular Offshore Grid (MOG), the switchyard platform in the North Sea that will soon bundle together cables from offshore wind farms and connect them to the mainland…

Sapura Bags Five Contracts

May 20, 2019

Malaysian integrated oil and gas services company Sapura Energy Berhad has been awarded five new contracts valued at approximately RM1.3 billion ($US311 million).All five contracts have been awarded to the Sapura’s wholly owned subsidiaries…

Manor to Power East Anglia ONE OWF

May 20, 2019

The provider of temporary power and engineering solutions, UK-based Manor Renewable Energy (MRE) to provide the full temporary power package of generators, personnel and vessels, during the turbine installation phase of the East Anglia ONE offshore wind farm…

Debmarine to Build $468mln New Vessel

May 20, 2019

Namibia marine diamond mining company, Debmarine Namibia announced that its Board of Directors have approved the construction of the world’s first ever custom-built diamond recovery vessel.The new vessel is expected to cost US$468 million and…

North Sea Oil Production May Go Down

May 17, 2019

On top of production declines in Iran and Venezuela, ongoing OPEC cuts, Urals contamination outages in Russia and maintenance in Kazakhstan, North Sea production is also struggling, Rystad Energy said.'Currently we see unplanned outages at Oseberg and Flotta with combined impact of 160…

DEME to Install Hornsea Two Turbines

May 17, 2019

Belgium-based DEME Offshore announced Friday it has been awarded a contract worth approximately €200 million ($223.3 million) for the transportation and installation of 165 foundations and turbines at Ørsted’s Hornsea Two offshore wind farm in the UK…

Argentina Grants Offshore Exploration Permits

May 17, 2019

Argentina awarded permits to begin hydrocarbon exploration in 18 areas off the coast of the country in the Malvinas West basin to companies including Exxon Mobil Corp, Total SA, YPF SA and Royal Dutch Shell Plc, the government said on Friday…

Gazprom Finds New Yamal Offshore Fields

May 17, 2019

Russian state gas producer Gazprom has discovered two new offshore fields in the Yamal region with total reserves of more than 500 billion cubic meters (bcm), the company said on Friday.The fields are located in the Kara Sea and hold 390.7 bcm and 120…

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