Oilfield services company TechnipFMC said it has won a large contract to supply subsea equipment for ExxonMobil's Payara development offshore Guyana, following the oil major's FID on the project on Wednesday.Under the contract, TechnipFMC will manufacture and deliver the subsea production system…
Norway's Lederne labor union said on Wednesday it would escalate an oil workers' strike from Oct. 4 to four additional offshore fields.Several dozen workers went on strike on Wednesday at Norway and western Europe's largest oilfield, Johan Sverdrup…
U.S. oil major ExxonMobil has reached a final investment decision on a $9 billion offshore oil development project in Guyana, following the approval by the government.To remind, Reuters last Friday reported that Guyana was close to reaching…
Commissioning has been completed at the third field at the Liwan gas project offshore China, Canadian oil company Husky Energy has said.'As a result of strong cooperation between Husky and its long-time partner CNOOC, the seven-well Liuhua 29-1 project was completed safely…
Equinor said on Wednesday it was maintaining production at western Europe's largest producing oilfield despite a strike by some workers but risked a wider labor conflict this week.Some 43 workers are on strike at the Johan Sverdrup field after…
Italy's Eni is expected to take over the Indonesian Deepwater Development (IDD) project as operator Chevron sells its interest in the gas venture, the chairman of the country's upstream oil and gas regulator said on Wednesday.Chevron confirmed…
Oil workers organized by Norway's Lederne labor union will go on strike on Wednesday following a breakdown of wage talks, cutting Norway's crude output capacity by up to 470,000 barrels of oil per day (bpd), the union and employers said.The…
Subsea cable supplier JDR has won a contract with BP to manufacture and supply a 5.5km 33kV fiber optic power cable and a steel tube subsea isolation valve (SSIV) umbilical, for a platform project, offshore Azerbaijan.The 33 kV fiber optic power…
Azeri state energy company SOCAR said on Tuesday the country's oil and gas infrastructure was safe thanks to measures taken by the army over military conflict in the region of Nagorno-Karabakh.The worst spate of fighting between Armenia and…
Oil prices dropped on Tuesday, paring gains from the previous session, as persistent demand concerns due to the coronavirus pandemic outweighed hopes generated by a new U.S. stimulus package that lawmakers are struggling to agree.More than 1…
Lundin Energy has raised its reserve estimate for Norway's Edvard Grieg oilfield by 50 million barrels of crude, an increase of 17%, and boosted output plans for the coming years, the Swedish company said on Tuesday.So-called plateau production…
Wintershall Noordzee has completed the drilling of a well at the Sillimanite South field discovery in the Dutch North Sea, and converted it into a development sidetrack.It was the third well drilled in sequence after the two Sillimanite Unit…
Chinese oil company CNOOC said Monday that the Jinzhou 25-1 oilfield 6/11 area in Liaodong Bay, China, had started production.Jinzhou 25-1 oilfield 6/11 area is located in central Liaodong Bay in Bohai with average water depth of 22.5 meters…
Two new jackets have been installed at the Total-operated Tyra redevelopment project offshore Denmark, Noreco, a partner in the project has informed.The Tyra field located 225km west of Esbjerg, Denmark, is the largest gas condensate field in the Danish Sector of the North Sea…
Philippine oil and shipping group Udenna Corp on Monday expressed interest in acquiring Royal Dutch Shell PLC's 45% stake in the Malampaya gas-to-power project, in partnership with state-owned Philippine National Oil Company (PNOC).Shell is…