Latest News - page 1739

 

ABS Protects Offshore Critical Systems with FCI Cyber Risk Methodology

Jun 06, 2019

ABS cyber security expert Cris DeWitt explains the foundation of the company's FCI Cyber Risk methodology and how it can safeguard against cyber threats to offshore operations on MODUs, drillships, and offshore support vessels.

Santos Boosts Dorado Discovery

Jun 06, 2019

The Dorado-2 appraisal well has confirmed a major oil and gas resource in the Bedout Basin, offshore Western Australia, operator Santos announced on Thursday.The well was drilled down-dip approximately 2 kilometers from the Dorado-1 discovery…

Israel Extends Exploration Tender Deadline

Jun 06, 2019

Israel on Thursday extended its tender by a month to grant new licenses for offshore oil and natural gas exploration.The deadline for bids was due by June 17 but the Energy Ministry extended it until July 15, with the winners to be announced on August 12…

Vattenfall May Raise Offshore Wind Target

Jun 06, 2019

Sweden's Vattenfall may raise its target for installing offshore wind power generation in Europe beyond the 11,000 megawatts (MW) it now plans to have in place by 2025, an executive said.Gunnar Groebler, the Swedish power firm's board member in charge of wind…

Angola Could Reap from New Policy Regime

Jun 06, 2019

Angola, sub-Saharan Africa’s second largest oil producer after Nigeria, is optimistic the new fiscal and regulatory regime now in place would translate into a reversal of the country’s declining oil output and attract more private investment…

MHI Vestas Turbine Debut at Deutsche Bucht

Jun 06, 2019

Installation is underway at Northland Power’s Deutsche Bucht offshore wind farm as MHI Vestas and other installation partners have successfully installed the first of 33 wind turbines.Deutsche Bucht, located 95 km northwest of the island of Borkum in the German North Sea…

ExxonMobil to Redevelop Angola Block 15

Jun 06, 2019

American multinational oil and gas corporation ExxonMobil and its partners said that they will further invest in Block 15 offshore Angola to increase production as part of an agreement with Angola’s recently established National Agency for Petroleum…

W&T Strikes Oil in US Gulf of Mexico

Jun 06, 2019

Oil and natural gas producer W&T Offshore has discovered oil at the Gladden Deep prospect in Mississippi Canyon block 800 in the deepwater Gulf of Mexico.W&T is operator of the well, which is one of 14 planned for the drilling program under the Monza JV…

Spectrum Starts 3D Survey in North Sea

Jun 06, 2019

Seismic acquisition company Spectrum has commenced the first phase of a new high-density regional Multi-Client 3D survey, over a 2019 prioritised area of the UK’s Southern North Sea.The provider of Multi-Client seismic data and Seismic Imaging solutions to global oil and gas exploration company…

US Crude Inventory Above Average

Jun 05, 2019

US crude inventory now 6% above the five year average – Brent crude price down 17% over past 10 daysRecent government data indicate a US crude inventory surplus has been forming. The latest EIA survey shows 483 million bbls in inventory as of…

HMI to Develop AI-powered Subsea Manipulator Hands

Jun 05, 2019

US-based subsea robotics firm Houston Mechatronics, Inc. (HMI) said it has set out to develop Artificial Intelligence (AI) powered robotic hands for subsea manipulators, under a recent award from the Office of Naval Research (ONR).As technology matures…

Expanding into a Temporary Abandonment Solution

Jun 05, 2019

Deepwater drilling activities require contingencies for temporary abandonment of the well, sometimes necessitated by wellhead change outs or riser work, and sometimes by Mother Nature.Existing mechanical solutions can struggle with restrictions inside the riser or seabed structure…

Kongsberg Package for Awilco Newbuild

Jun 05, 2019

A new, state-of-the-art semi-submersible drilling rig being built by Keppel Offshore & Marine for Awilco Drilling will feature an integrated equipment suite from Kongsberg Maritime.Kongsberg said the milestone order from Keppel is its first…

VIKING Wins CNOOC Contract

Jun 05, 2019

Safety products manufacturer and service provider VIKING Life-Saving Equipment informs it has won a contract to supply CNOOC Petroleum Europe Limited, a wholly-owned subsidiary of CNOOC Limited, with personal protective equipment (PPE) and servicing for approximately 16…

EPC Contract Awarded for Mozambique LNG

Jun 05, 2019

A joint venture between McDermott, Saipem and Chiyoda, has reached full agreement for a contract with Anadarko Petroleum Corporation for the Mozambique Area 1 Liquefied Natural Gas (LNG) Development, McDermott International announced on Wednesday…

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