Offshore Regions News - page 1058


Eni Makes Fifth Oil Find Offshore Angola

Jun 04, 2019

Italian oil and gas company Eni has made the fifth oil discovery in one year in Block 15/06, through the Agidigbo-1 NFW well in Angola's deep offshore.It follows the discoveries of Kalimba, Afoxé, Agogo and Ndungu. The five discoveries altogether are estimated to contain up to 1…

Chevron Starts Gorgon Stage Two Drilling

Jun 04, 2019

Chevron Australia and the Gorgon joint venture participants have started the Gorgon Stage 2 drilling campaign off the northwest coast of Western Australia.Gorgon Stage Two is an expansion of the existing subsea gas gathering network on the Chevron…

Norway: Strike Negotiations Go Past Deadline

Jun 03, 2019

Norwegian oil workers and their employers have extended their pay talks past a midnight deadline in a bid to avert a strike that would reduce the country's oil and gas output, negotiators said on Tuesday.The Lederne trade union has threatened to strike at offshore fields operated by Equinor…

Senegal: Opposition Wants BP Gas Deal Probe

Jun 03, 2019

A group of opposition politicians in Senegal called on Monday for an investigation of the history of two major offshore gas blocks run by BP after a report alleging fraud involving President Macky Sall's brother Aliou Sall.The British Broadcasting…

Asian Choices: Canadian 'Climate' or US 'Freedom' Gas

Jun 03, 2019

Canada — with its abundance of petroleum — has been surprisingly slow exporting gas anywhere other than across the border to the United States.Now, Ottawa is supporting Canada’s first export projects for liquefied natural gas (LNG) with more than words…

Luthi Steps Down as NOIA Head

Jun 03, 2019

The National Ocean Industries Association (NOIA) announced that Randall Luthi will leave the organization next month, after serving as the group’s president for nearly 10 years. Luthi will return to his home state of Wyoming to serve as Chief Energy Advisor to Wyoming Governor Mark Gordon…

BP Sells Egypt Assets to Dragon Oil

Jun 03, 2019

BP said on Monday it has agreed to sell its interests in Gulf of Suez oil concessions in Egypt to Dubai-based Dragon Oil, as part of the supermajor’s plan to divest more than $10 billion in global assets over the next two years.Under the terms of the deal…

Polarcus Scores Wide-azimuth Project

Jun 03, 2019

UAE based marine geophysical company Polarcus announced on Monday that it has been awarded a wide-azimuth project to be acquired in the Americas.Polarcus Naila and Polarcus Adira will perform the acquisition, and the project is expected to commence…

Ampelmann Scores W2W Contract in Norway

Jun 03, 2019

Dutch offshore service provider Ampelmann said it has secured a contract with DeepOcean to support the hook-up and commissioning of the Valhall Flank West (VFW) project, operated by Aker BP.An E-type system will support the Normand Jarstein…

Expro Wins HOEC Contract in India

Jun 03, 2019

UK based oilfield services company Expro said it has been awarded a multimillion dollar contract for Hindustan Oil Exploration Company Ltd (HOEC) in Mumbai, India.The seven-year contract will include the build, maintenance and operation of a…

Delek to Start Exporting Gas to Egypt Soon

Jun 03, 2019

Israel's Delek Drilling hopes to begin commercial sales of natural gas to Egypt by the end of the month, a senior company executive said on Sunday.Delek Drilling and its partner Noble Energy signed a landmark deal early last year to export $15…

Strike Would Cut Norway's Output 11%/Day

Jun 03, 2019

Norway's oil and gas output could be cut by about 440,000 barrels of oil equivalents per day, or about 11% of total production, if workers go on strike from June 4, industry association Norwegian Oil and Gas (NOG) said on Monday.A government…

Aqueos Names Legendre VP

May 31, 2019

US subsea services firm Aqueos Corporation announced  it has appointed Eric Legendre to the position of Vice President – International Business and Strategic Development, based the company's new Houston office.Legendre brings more than 18 years industry experience to the roleTed Roche…

Lukoil to Receive 50% in New Caspian Block

May 31, 2019

Russian oil company Lukoil is set to take a 50% stake under an agreement to develop a block on the Caspian sea, Interfax news agency quoted Kazakh state energy company Kazmunaigaz as saying on Friday.(Reporting by Anrdey Kuzmin Writing by Katya Golubkova; Editing by Susan Fenton)

Brazil Approves Petrobras Oilfields Sale

May 31, 2019

Brazilian antitrust regulator Cade has approved the purchase by independent oil firm PetroReconcavo of 34 oilfields owned by Petroleo Brasileiro SA , the government's official bulletin showed on Friday.Cade said the sale did not reduce competition…

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