Offshore Production News - page 5

Russian Court Orders Halt to Caspian Oil Pipeline but Exports Still Flow

Jul 06, 2022

Caspian Pipeline Consortium(CPC), which takes oil from Kazakhstan to the Black Sea via one of the world's largest pipelines, has been told by a Russian court to suspend activity for 30 days, although sources said exports were still flowing.CPC…

Brazil: TechnipFMC, Equinor Pen LoI for FEED Work on Brazilian Offshore Project

Jul 06, 2022

Oilfield services firm TechnipFMC has signed a letter of intent with the Norwegian oil company Equinor for an integrated Front End Engineering and Design (iFEED) study on its BM-C-33 project offshore Brazil.The study will finalize the technical solution for the…

Norway Oil and Gas Workers End Strike as Government Steps In

Jul 05, 2022

The Norwegian government on Tuesday intervened to end a strike in the country's energy sector that had cut oil and gas output, a union leader and the labor ministry said.Norwegian offshore oil and gas workers went on strike over pay on Tuesday…

Tullow Oil Taps Petrofac of O&M Services at Ghana FPSO

Jul 05, 2022

London-listed oilfield services giant Petrofac has won a contract with the oil firm Tullow Oil to provide operations services for Tullow's Jubilee Development offshore Ghana.Petrofac’s role in the Jubilee development in Ghana – one of the largest…

Russia's Medvedev Says Oil Could Hit Up to $400 a Barrel if Japanese Proposal Adopted

Jul 05, 2022

Russia's former president Dmitry Medvedev said on Tuesday a reported proposal from Japan to cap the price of Russian oil at around half its current level would lead to significantly less oil on the market and could push prices above $300-$400 a barrel…

Brazil: Enauta Starts Scheduled Downtime at Atlanta Offshore Oil Field

Jul 05, 2022

Brazilian oil company Enauta has started a scheduled downtime of its Atlanta field in the Santos Basin, offshore Brazil.Enauta said that the downtime was in compliance with the Brazilian Ministry of Labor’s normative requirements, as well as to prepare the FPSO to be re-certified by DNV…

Dragon Oil Extends Turkmenistan Production Partnership in $1B Deal

Jul 05, 2022

Dubai-based Dragon Oil signed a $1 billion deal to renew its production partnership in Turkmenistan with state-owned Turkmen Oil for 10 years after the current contract expires in May 2025, the United Arab Emirates state news agency WAM said on Monday…

Norwegian Offshore Oil and Gas Workers Start Strike, Cutting Production

Jul 05, 2022

Norwegian offshore workers began a strike on Tuesday that will reduce oil and gas output, the union leading the industrial action told Reuters.The strike, in which workers are demanding wage hikes to compensate for rising inflation, comes amid high oil and gas prices…

Norwegian Offshore Oil Workers to Go on Strike on Tuesday

Jul 04, 2022

Norwegian offshore workers will likely go on strike on Tuesday in an industrial action that will cut oil and gas output as the negotiating parties have not made progress, the union and the lobby representing oil companies said on Monday.'As it stands now…

Teekay Sells Sevan Hummingbird FPSO to Ping Petroleum

Jul 04, 2022

Teekay Corporation has found a new home for its Sevan Hummingbird FPSO following its recent departure from the Chestnut field in the UK North Sea, after 13 years of production there for Centrica's Spirit Energy. The cylindrical FPSO has been…

Norway Greenlights Increased Gas Production at Several Offshore Fields

Jul 04, 2022

Norway's oil ministry on Monday said it had approved adjusted production permits for six offshore fields but that would not change the expected amount of gas Norway would export in 2022.The Nordic country expects to sell some 122 billion cubic meters of gas this year…

Pemex, New Fortress Energy Ink Deal on $1.5B Offshore Gas project

Jul 04, 2022

Mexican oil and gas company Pemex has signed a letter of intent with the U.S.-based company New Fortress Energy to resume work on a $1.5 billion offshore gas project in Mexico, Pemex Chief Executive Octavio Romero said on Friday.The agreement…

Jadestone Restarts Output From Montara Field after Halt Due to Oil Leak from FPSO Tank

Jul 04, 2022

Asia Pacific-focused oil and gas company Jadestone Energy has resumed production from its Montara Venture FPSO in Australia, following a recent halt due to an oil leakdue to a 30 mm tank crack.Jadestone in June said that oil had spilled at Montara field offshore Australia…

Hezbollah Sends Drones Towards 'Gas Rig' at Israel's Karish Offshore Gas Field

Jul 04, 2022

Lebanon's Hezbollah said on Saturday it had sent three unarmed drones towards an Israeli Mediterranean gas rig , which the Israeli military said it had intercepted. [Reuters illustrated the news with a photo of Stena Drilling's Stena IceMax drillship]…

Norway Strike Could Cut Gas Output by 13%

Jul 04, 2022

A planned strike [this week] by Norwegian energy sector workers could cut the country's gas output by 292,000 barrels of oil equivalent per day, or 13% of output, employers' group the Norwegian Oil and Gas Association (NOG) said on Sunday.Oil output could be cut by 130…

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