Canadian integrated energy company Suncor said it has restarted production from the Terra Nova floating production storage and offloading vessel (FPSO), approximately 350 kilometers east-southeast off the coast of Newfoundland, Canada in the North Atlantic Ocean…
Norway's Equinor said it intends to ramp up its use of wired drill pipe to acquire subsurface real-time data during drilling operations as it prepares for automated drilling.U.S. based firms NOV and Schlumberger have been awarded corporate frame…
Fugro said it has attracted seven new clients for its inspection, repair and maintenance (IRM) services in the U.K. North Sea.Recent work includes pipeline and structure inspections for Centrica Storage, Chrysaor, Dana, Petrofac, Premier, Repsol and Spirit Energy…
New North Sea, Baltic Sea pipeline adds to Norway’s $20.5 billion 2019 spendNorway — that most capital-intensive of oil provinces — will see investments offshore increase by $2.34 billion in 2019, after a year that saw seven oilfield projects…
Lukoil and KazMunayGas have agreed to collaborate to develop the Zhenis project in the Kazakhstan's sector of the Caspian Sea.President of PJSC LUKOIL, Vagit Alekperov, and Chairman of the Management Board of JSC NC KazMunayGas, Alik Aidarbayev…
U.S. oil and gas company Chevron has decided to launch the sale of its stake in Azerbaijan's largest oil field as well as the Baku-Tbilisi-Ceyhan (BTC) pipeline, it said in a statement on Tuesday.'Chevron regularly reviews its global portfolio…
Energy company Eni aims to start output of natural gas from its offshore Merakes project in Indonesia in 2021, the country's deputy energy minister said on Tuesday.Initial production at Merakes would be 155 million cubic feet of natural gas per day (mmcfd)…
Norway's Equinor is ready to start talks with Tanzania on developing a liquefied natural gas (LNG) project based on a deepwater offshore discovery, the company said on Tuesday.Tanzanian President John Magufuli has asked his government to proceed…
Swire Seabed said it completed autonomous inspection of offshore pipeline systems for Equinor in October 2018 utilizing Kongsberg Maritime’s Hugin autonomous underwater vehicle (AUV).The inspections were performed on three pipelines between Kollsnes and Troll A…
U.S. major ExxonMobil has made its 10th discovery offshore Guyana and increased its estimate of the discovered recoverable resource for the Stabroek Block to more than 5 billion oil-equivalent barrels, reinforcing potential for at least five floating storage…
EnVen Energy Corporation announced that it spud its King Crab well on Ewing Bank Block 873 in its Lobster field in the Gulf of Mexico. The King Crab well targets an oil-focused reservoir approximately 14,000 feet subsea with seismic amplitudes…
The new floating production unit currently being constructed for the Mad Dog 2 project in the deepwater Gulf of Mexico will be named Argos, U.K. oil major BP announced.BP said the name was chosen by the project team and an employee survey and…
Aker BP announced on Monday that it has completed the $205 million acquisition of Total E&P Norge's Norwegian continental shelf portfolio. Aker BP first announced the deal in July, and this week said all closing conditions have been fulfilled…
London based independent Panoro Energy ASA announced Monday that the first cargo of oil from Dussafu has been offloaded from the BW Adolo floating production storage and offloading unit (FPSO) on December 2.A total of 550,000 barrels of oil…
Qatar said on Monday it was quitting OPEC from January to focus on its gas ambitions, taking a swipe at the group's de facto leader Saudi Arabia and marring efforts to show unity before this week's meeting of exporters to tackle an oil price slide…