Production News


Record Month for Belgian Offshore Wind

Mar 03, 2020

February 2020 was a record month for offshore wind energy production in the Belgian sector of North Sea, the Belgian Offshore Platform has informed.According to the industry body also known as BOP, offshore wind turbines in Belgium reached 804…

Brazil to Delay Second Shot at Huge Offshore Oil Auction?

Mar 03, 2020

Brazil's government is unlikely to auction the remaining production rights to the 'transfer-of-rights' (TOR) offshore oil zone until 2021, Economy Ministry Subsecretary Waldery Rodrigues told Reuters on Friday.The TOR area is a prolific oil-producing region off the Brazilian coast…

InterMoor Installs New ESP on Mampu-1 FPSO

Mar 03, 2020

InterMoor has recently transported and installed a new electric submersible pump (ESP) system as part of the MaMPU-1 FPSO upgrade for a wellhead platform project in Malaysia.The work for MISC Offshore Floating Terminals Dua Ltd included project management…

Wintershall DEA Gets OK for Island Constructor Use

Mar 03, 2020

Wintershall DEA Norge has received consent to used the Island Constructor well-intervention vessel at its Vega and Maria offshore fields in Norway.The Petroleum Safety Authority Norway said Monday that its consent applied for the use of the…

Subsea 7 to Tie Murphy's Discoveries to King's Quay FPS

Mar 03, 2020

Offshore installation contractor Subsea 7 on Tuesday said it had won a contract from Murphy Oil for the provision of the subsea installation services related to the Samurai, Khaleesi, and Mormont developments in the U.S. Gulf of Mexico.The contract…

Lukoil Aims to Be Net Zero CO2 Emitter by 2050

Mar 02, 2020

Vice president of Russian oil producer Lukoil, Leonid Fedun, said on Monday the company aimed to become a net zero carbon emitter by 2050.'It is realistic to a reach zero carbon footprint' for us, he said at a presentation.(Reporting by Vladimir Soldatkin…

Ampelmann Wins Contract from SBM in Guyana

Mar 02, 2020

Dutch offshore service provider Ampelmann said it has added Guyana as a new market to its global portfolio following a contract award from compatriot floating production and mooring systems firm SBM Offshore.Ampelmann  said it assisted the hook-up and commissioning of the SBM floating production…

Shell's Bonga Oilfield to Undergo Maintenance

Mar 02, 2020

Royal Dutch Shell's Bonga oilfield in Nigeria will undergo maintenance in March and April, though the impact on production and exact dates are still being finalized, a spokesman said.Shell operates the offshore field via its Nigerian subsidiary SNEPCo…

Go-ahead for Van Gogh Infill Phase 2

Mar 02, 2020

Australian energy company Santos announced a Final Investment Decision (FID) had been made on the Van Gogh Infill Development Phase Two Project, which will involve the drilling and completing of three new horizontal, dual-lateral production wells and subsea tieback into existing infrastructure…

Total Aims to Grow Brazilian Oil Production

Mar 02, 2020

French oil company Total plans to invest between $600 million and $700 million per year in Brazil for oil exploration and production through 2024, newspaper Valor Economic reported on Monday.Total's global chief for oil and exploration, Arnaud Breuillac…

FPSOs: The New Business Model

Feb 29, 2020

As New Year 2020 unfolds, there are 21 floating production, storage and offloading units (FPSO) on order, and unlike a year ago, these — and not floating liquefied natural gas (FLNG) — are the unheralded story. Driven by a decent price for oil…

Wood to Design Chevron's Anchor Offshore Platform

Feb 28, 2020

Engineering company Wood has secured a multimillion-dollar engineering design project for Chevron’s Anchor deepwater development in the Gulf of Mexico.The scope of the project included the preliminary, front end engineering and design (Pre-FEED)…

Coronavirus to Cut 2020 Oil, Gas Spend by $30B

Feb 28, 2020

The coronavirus outbreak could cut oil industry investment this year by tens of billions of dollars and delay the delivery of offshore installations currently being built at Asian yards, Oslo-based consultancy Rystad Energy predicted on Friday…

Yinson: Abigail-Joseph FPSO Sets Sail for Nigeria. First Oil in May

Feb 28, 2020

Malaysian FPSO leasing company Yinson has informed that its FPSO Abigail-Joseph has set sail from Singapore to Nigeria, where it will be deployed at First E&P offshore oil fields.The FPSO, previously named Allan, has recently been upgraded by Keppel in Singapore…

IOG, CalEnergy in Further Harvey Farm-In Talks After Option Lapses

Feb 28, 2020

UK-focused oil firm Independent Oil and Gas has said that it remains in talks with CalEnergy over the latter's participation in IOG's North Sea blocks.Namely, CalEnergy Resources, part of Berkshire Hathaway Energy, had an option to acquire a…

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