Offshore Regions News - page 1064

 

Saudi Aramco, BHGE Open Research Center

Jul 02, 2019

Saudi Aramco signaled its commitment to cutting edge technology and developing global partnerships with the opening yesterday of a “game-changing” Baker Hughes GE (BHGE) research facility at Dhahran Techno Valley.The facility will house a number of state-of-the-art technologies…

Maersk Discoverer Lands More Work in Egypt

Jul 02, 2019

Maersk Drilling said Edison E&P has signed on its deepwater semisubmersible drilling rig Maersk Discoverer to drill an exploration well in the North Thekah gas field offshore Egypt.The contract is expected to commence in the fourth quarter this year and includes an additional one-well option…

OPEC+ Extends Output Cuts

Jul 02, 2019

OPEC and its allies led by Russia agreed to extend oil output cuts until March 2020 on Tuesday, seeking to prop up the price of crude as the global economy weakens and U.S. production soars.The alliance, known as OPEC+, has been reducing oil…

Cyprus Takes Legal Action Against Offshore Drillers

Jul 02, 2019

Cyprus has initiated legal proceedings against three companies involved in gas drilling by Turkey to the west of the island for encroaching on the island's continental shelf, a senior foreign ministry official said on Tuesday.Officials declined to name the companies…

Ground Broken for Virginia Offshore Wind

Jul 02, 2019

The Coastal Virginia Offshore Wind (CVOW) demonstration project has entered the construction phase as the American power and energy company Dominion Energy has formally begun construction.Gov. Ralph Northam announced the start of construction of the CVOW demonstration project…

KOC, Halliburton Sign Offshore Contract

Jul 02, 2019

Kuwait Oil Company (KOC) has signed a KD-181-million ($597 million) contract for offshore drilling with US field services major Halliburton.The integrated offshore drilling services contract is for six high-pressure high-temperature (HPHT) exploration wells on two jack-up rigs in the Arabian Gulf…

Jumbo Completes Mooring Installation in Egypt

Jul 02, 2019

Netherlands-based Jumbo’s Fairplayer has completed the pre-installation and tensioning of a shallow water CALM buoy mooring system at a depth of 26 meters for the Mersa El-Hamra terminal offshore Egypt.The heavy lift shipping and offshore transportation…

Aker BP Discovers Oil at Frosk

Jul 02, 2019

Aker BP ASA, operator of production license 340, has finalized the results after drilling wildcat well 24/9-15 S (Froskelår Nordøst) and appraisal well 24/9-15 A.According to a press note from the Norwegian Petroleum Directorate (NPD), the wells…

ConocoPhillips to Redevelop Tor

Jul 02, 2019

American multinational energy corporation ConocoPhillips has submitted a plan for development and operation (PDO) for a redevelopment of the Tor field in the Greater Ekofisk area in the North Sea.According to the Norwegian Petroleum Directorate (NPD)…

OMV Petrom Starts Black Sea Drilling

Jul 01, 2019

Romania's largest energy company OMV Petrom said it has started a new offshore drilling campaign in the shallow waters of the Istria block in the Black Sea.The two new wells will be drilled more than 2,000 meters below the seabed, in approximately 50 meters water depth…

BP Finds More Gas at Greater Tortue Ahmeyim

Jul 01, 2019

A new well in the BP-operated Greater Tortue development area has encountered approximately 30 meters of net gas pay in high-quality Albian reservoir offshore Mauritania and Senegal, project partner Kosmos Energy announced on Monday.The Greater…

Tata Steel Scores North Sea Pipe Contract

Jul 01, 2019

Steelmaker Tata Steel said it has secured a contract to provide high frequency induction (HFI) line pipe for an oil and gas project northeast of Shetland in the UK North Sea.The company will manufacture more than 10 kilometers of HFI line pipe…

Shell Says Two Killed in GoM Platform Accident

Jul 01, 2019

Two people were killed at Royal Dutch Shell's Auger tension leg platform in the deepwater U.S. Gulf of Mexico on Sunday morning while testing mandatory safety equipment, the company said on Monday.'One other non-life-threatening injury was sustained…

TechnipFMC Wins MJ1 Subsea Contract

Jul 01, 2019

TechnipFMC announced on Monday it has been awarded 'significant' subsea contracts from India's Reliance Industries to build and install flexible risers, rigid and flexible flowlines and umbilicals for the the MJ1 field located offshore India in the deepwater Krishna Godavari basin…

GulfSlope Energy Forms JV for GoM

Jul 01, 2019

GulfSlope Energy, an independent oil and natural gas exploration company, has signed a letter of intent to enter a joint venture (JV) for drilling of shallow water depth prospects in the Gulf of Mexico (GoM).The oil and natural gas company focused on exploring offshore U…

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