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Indonesia's Oil Output Rises

Jan 04, 2019

The Indonesian unit of Chevron Corp produced 209,400 barrels of oil per day (bpd) from the Rokan block in 2018, down from 223,000 bpd a year earlier, Dwi Soetjipto, chairman of upstream oil and gas regulator SKK Migas said.Exxon Mobil produced 209…

Some Services Continue Despite US Government Shutdown

Jan 04, 2019

Despite stalled negotiations between the White House and Congress over funding for a border wall, forcing a shutdown of the government that started December 22, 2018, certain services remain active, if scaled-back, including some serving the oil and gas industry…

Oil Spill Cleanup Device Tailored for the Arctic

Jan 04, 2019

A new oil spill response device capable of cleaning up spills in arctic conditions has been launched in an effort to bolster Norway’s spill preparedness.The new device, dubbed Arctic FoxTail, is a winterized version of H. Henriksen’s standard Foxtail vertical adhesion band (VAB) skimmer…

ABP Wins Hornsea One Blade Contract

Jan 04, 2019

Spanish manufacturing company Siemens Gamesa Renewable Energy has contracted Associated British Ports (ABP) to provide storage for 37 of its wind turbine blades destined for the Hornsea Project One offshore wind farm.The UK's port group said…

Topaz Bags Wind Charter

Jan 04, 2019

Dubai-based Marine logistics company Topaz Energy and Marine (Topaz) has signed an agreement with a north European contractor for the charter of Topaz's newbuild for offshore wind farms in the North Sea.The contractor will charter Topaz’s newbuild subsea vessel…

Brasse Wells Disappoints Faroe Petroleum

Jan 04, 2019

Faroe Petroleum has failed to find hydrocarbons at its Brasse East exploration well in the Norwegian North Sea, while the Brasse appraisal sidetrack well encountered hydrocarbons.The Aberdeen-headquartered firm said that the Brasse East exploration well 31/7-3 S was drilled to a total depth of 2…

DNO Exits Oman Offshore Block

Jan 04, 2019

Norwegian oil and gas operator DNO ASA subsidiary DNO Oman Block 8 Limited has relinquished operatorship and participation in the offshore Oman Block 8 to the Sultanate of Oman's Ministry of Oil and Gas (MOG) and state-owned Oman Oil Company Exploration and Production LLC (OOCEP)…

More Resources Uncovered in Goliat Field

Jan 03, 2019

Newcomer Vår Energi AS revealed Thursday that an appraisal well has uncovered more resources in the Goliat field off Norway.Vår Energi, together with license partner Equinor, drilled the 7122/7-7 S Goliat West appraisal well in PL 229 in the Barents Sea…

Brazil’s Oil and Gas Market Revival in Numbers

Jan 03, 2019

Brazil’s oil and gas sector related businesses traded about R$22 billion (about US$5.6 billion) in the last two years. This figure from the National Agency for Petroleum, Natural Gas and Biofuels (ANP) was presented during a ceremony on the balance of advances in the sector…

SeaRoc Supports Merkur Commissioning

Jan 03, 2019

Marine Coordination Services BV will utilize SeaPlanner software during all operational marine coordination activities for commissioning of the 396MW Merkur Offshore Wind Farm.The marine management system has been selected as part a strategic partnership between U…

Aibel Tallies Johan Sverdrup Bridge Option

Jan 03, 2019

Norwegian major Equinor has awarded an engineering, procurement and construction (EPC) contract to domestic services company Aibel for the final bridge on the Johan Sverdrup field.The deal, worth an estimated NOK 200 million, was included as…

DNO Requires Fewer Faroe Shareholders to Back Bid

Jan 03, 2019

Norwegian oil company DNO said on Thursday that it now requires only 50 percent of Faroe Petroleum shareholders to back its takeover bid after it lifted its stake in the UK firm, boosting the chances the hostile offer will go through.Shares in both companies jumped after DNO's statement…

Bourbon Advises of General Waiver Renewal with Lenders

Jan 03, 2019

Bourbon has announced the renewal of the general waiver with its leasers and debt holders representing the majority of the group’s debt, thus allowing it to suspend the payments of its loans and debt.According to Bourbon, the waiver allows it to stay focused on its operational priorities…

Shell Extends Rowan Jackup Contract in Trinidad

Jan 03, 2019

Shell has extended its contract for the Rowan Gorilla VI jack up in Trinidad, Rowan Companies plc said.According to the offshore drilling contractor that provides well drilling services to the petroleum industry, the Super Gorilla class jack…

DNO Bid Undervalues Faroe by 48 %

Jan 03, 2019

North Sea player Faroe Petroleum published an independent valuation of its assets by Gaffney, Cline & Associates (GCA), which is said to highlight the inadequacy of DNO ASA's GBP608 million at 152p per share takeover offer.Faroe Petroleum could…

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