Offshore Engineer Activity - page 1125

 

Crude Inventory Growth Reverses

Dec 07, 2018

U.S. crude inventory declined last week. The latest weekly survey results by the U.S. Energy Information Administration (EIA) indicate a fall of 7.3 million barrels in the week ended November 30. This follows a 10-week streak of crude inventory…

Apache Achieves First Oil at Garten

Dec 05, 2018

Apache Corporation announced it has begun producing from its Garten development on Block 9/18a Area-W in the U.K. sector of the North Sea, ahead of the initial target of first-quarter 2019. The discovery well, which is located 6 kilometers south of the Beryl Alpha Platform…

Cassidy Exploration Well Commences

Dec 05, 2018

Faroe Petroleum announced Wednesday the commencement of the Cassidy exploration well 8/10-7 S in the Norwegian North Sea.The Cassidy prospect sits within the PL405 Oda licence (discovered in 2011) and is being drilled back-to-back with the production wells on the Oda structure…

Terra Nova FPSO Restarts Production

Dec 04, 2018

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 Spending Surges

Dec 04, 2018

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…

Prelude FLNG to Start Producing at End-2018

Dec 04, 2018

Royal Dutch Shell expects production at its Prelude floating liquefied natural gas (LNG) unit to start at the end of the year, a spokeswoman told Reuters on Tuesday.'We continue to progress Prelude towards operations, with safety and quality being our main focus…

Eni's Indonesia Gas Project to Start Up in 2021

Dec 04, 2018

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)…

ExxonMobil Makes Discovery Off Guyana

Dec 03, 2018

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 Spuds King Crab Well

Dec 03, 2018

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…

First Oil Offloaded from FPSO at Dussafu

Dec 03, 2018

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…

TAQA Extends Petrofac North Sea Contract

Dec 03, 2018

Petrofac’s Engineering and Production Services (EPS) business has secured a Condition Monitoring contract renewal from TAQA in the U.K. following competitive tender.Under the terms of the three-year agreement, Petrofac’s Condition Monitoring team will provide onshore and offshore vibration analyses…

Petrobras, Murphy to Explore in GoM

Dec 03, 2018

Brazil's state-controlled Petroleo Brasileiro SA (Petrobras) said on Monday it had sealed a joint venture with Murphy Exploration & Production Company to explore oil and gas fields in the Gulf of Mexico, according to a securities filing.Petrobras received $795 million for the deal…

BP and Equinor Spending Steady

Nov 28, 2018

The spending plans of oil majors BP and Equinor are unaffected by the more than 25 percent drop in oil prices since early October, their CEOs said on Wednesday.Oil and gas companies were boosted over the first nine months of the year by a recovery…

Petrobras Exits several oil fields

Nov 28, 2018

Brazil's state-controlled oil company Petroleo Brasileiro SA said Wednesday it had signed agreements to cease participation in several oil fields in Brazil's northwest region.The company said it had reached a $370 million deal with Perenco to cease its operations in the Polo Nordeste…

Kebabangan to Return to Full Capacity by August

Nov 23, 2018

Malaysia's state energy firm Petronas said on Friday production at Kebabangan gas field in the eastern state of Sabah is expected to return to full capacity by August 2019.A gas leak in January resulted in supply disruption at the gas field…

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Lamprell Picks Ventherm’s Robo

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