Offshore Activity - page 576

 

Johan Sverdrup Phase 2 Plan Approved

May 15, 2019

Norwegian authorities have formally approved the plan for development and operation (PDO) of the second phase of the Johan Sverdrup field, Equinor announced on Wednesday. The Norwegian energy company said the NOK 41 billion ($4.7 billion) project…

Eni Finds Light Oil Offshore Angola

May 14, 2019

Eni has made a new light oil discovery near its West Hub facilities in the deep waters offshore Angola, the Italian supermajor announced on Tuesday.The well, drilled on the Ndungu exploration prospect in Block 15/06, is estimated to contain up to 250 million barrels of light oil in place…

Rovuma LNG Gets Government Green Light

May 14, 2019

The government of Mozambique has approved development plans for the ExxonMobil-led Rovuma LNG project, which will produce, liquefy and market natural gas from three reservoirs located in the Area 4 block offshore Mozambique, two of which straddle the boundary with neighboring Area 1…

CGG Kicks off OBN Survey in US Gulf

May 14, 2019

CGG announced Tuesday it has commenced its first multi-client ocean bottom node (OBN) survey.Located in the north-central region of the Gulf of Mexico, this dense OBN survey will provide well-sampled, full azimuthal coverage with long offsets…

Siccar Point 'Encouraged' by Blackrock Results

May 14, 2019

Siccar Point Energy CEO Jonathan Roger said he is “encouraged” by drilling results at the Blackrock exploration well 204/5b-2 in the West of Shetland.The well was drilled with Diamond Offshore’s Ocean GreatWhite semi-submersible rig on Licence P1830 in 1…

Equinor Awards Drilling Services Contracts

May 14, 2019

Equinor said it has awarded a group of drilling service contracts worth about NOK 2.5 billion ($286 million), exclusive of options, to several suppliers.The services will be delivered to both new and existing fields on the Norwegian continental shelf (NCS)…

McDermott Scores EPCI Work at Sepia

May 14, 2019

McDermott International said on Tuesday it has been awarded contract from Petrobras for engineering, procurement, construction and installation (EPCI) of subsea risers and flowlines for the first phase of the Sepia field, located 280 kilometers from the Rio de Janeiro coastline in Brazil…

USCG Monitoring GoM Gas Leak

May 13, 2019

Authorities are monitoring a natural gas and condensate release from an orphan well four nautical miles southeast of Bob Hall Pier near Corpus Christi, Texas, the US Coast Guard said on Thursday (May 9).The Coast guard said watchstanders at…

Equinor Grows Caesar Tonga Stake

May 13, 2019

Norwegian oil company Equinor announced Monday it has acquired an additional 22.45% stake in the deepwater Caesar Tonga oilfield in the U.S. Gulf of Mexico from Shell for $965 million in cash.The Andarko-operated Caesar Tonga field is located in 1…

Hurricane Energy Starts Up Lancaster Field

May 13, 2019

British oil and gas company Hurricane Energy started up its Lancaster field west of Scotland's Shetland Islands, it said on Monday, pushing its shares up 6 percent to a seven-week high.Hurricane specializes in recovering oil from fractures in…

Equinor Extends Oseberg Field Shutdown

May 10, 2019

Production at Norway's Oseberg oil and gas field, whose crude is a part of global oil benchmark Brent, is expected to remain shut for eight days, longer than previously anticipated, the company said on Friday.Production at the field was shut…

Eni Makes Discovery Offshore Ghana

May 10, 2019

Italian supermajor Eni said it has found gas and condensate in the first exploration well drilled in CTP-Block 4, approximately 50 kilometers off the Ghana coast.The well was drilled on the Akoma exploration prospect and proved an estimated…

Timeline: Occidental's Anadarko Victory

May 10, 2019

Before Occidental Petroleum Corp clinched a deal on Thursday to buy Anadarko Petroleum Corp for $38 billion, it pursued its U.S. oil and gas exploration and production rival for nearly two years, culminating in the sector's most high-profile public contest since the 1980s…

Brazil Sets Parameters for Mega Oil Auction

May 10, 2019

Brazil's national energy council on Thursday published updated parameters for a massive oil auction scheduled for later this year, including minimum levels of profit-sharing with the government, while also urging a shakeup in the refinery sector…

Pipelayer Blast Injures 14

May 09, 2019

An explosion has struck an oil-industry vessel in the Caspian Sea, injuring 14 people, the ship's operator, Italian engineering firm Saipem, said on Thursday.The ship, the Israfil Huseynov, was involved in maintenance work linked to the Shah Deniz II project…

Current News

Saipem in Talks to End Its Arctic LNG 2 Projects in Russia

Saipem in Talks to End Its Arctic LNG 2 Projects in Russia

Keppel Terminates Semi-sub Rig, Jack-up Rig, and Liftboat Orders as Clients Fail to Pay Up

Keppel Terminates Semi-sub Rig, Jack-up Rig, and Liftboat Orders as Clients Fail to Pay Up

MODEC, Toyo to Form Engineering JV for Large-Scale FPSOs

MODEC, Toyo to Form Engineering JV for Large-Scale FPSOs

International Breakthrough: Reach Subsea's OCTIO Nets 4D Geophysical Monitoring Work in Australia

International Breakthrough: Reach Subsea's OCTIO Nets 4D Geophysical Monitoring Work in Australia

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