Industry News

 

Equinor Secures Consent to Drill Two Wells in North Sea

Apr 29, 2024

The Norwegian Offshore Directorate has granted Equinor Energy a drilling permit for two wildcat wells in the North Sea.The approval is for wells 35/10-14 S and 35/10-14 A in production license 1185, valid until February 2029.Equinor is the operator of the license…

Dorado Project Offshore Australia on Track to Being FID-Ready by End of 2024

Apr 29, 2024

One of the largest offshore oil discoveries in Western Australia, the Dorado Project, has made ‘significant’ progress towards towards the Final Investment Decision (FID)-ready target for the end of 2024, set by Dorado joint venture partners Santos…

Full Tyra II Gas Development Ramp-Up Impacted by Technical Issue

Apr 29, 2024

The operational occurrence which has temporarily impacted the commissioning of the Tyra Redevelopment Project (Tyra II) has pushed the planned ramp-up of the facilities to full capacity for one month.An operational occurrence related to the…

BP Suspends Production at Azerbaijani Platform for Maintenance Works

Apr 29, 2024

BP, as the operator of the Azeri-Chirag-Deepwater Gunashli (ACG) field development in the Caspian Sea, has kicked off planned maintenance (turnaround - TAR) works on the Deepwater Gunashli platform.In accordance with the plan, production from…

Unique Group Celebrates 30 Years of Innovation

Apr 28, 2024

<br _moz_dirty='' />Unique Group has evolved its technology offer to the subsea space mightily in its three decades of business, collaborating with its global clientele to develop and deliver solutions that maximize efficiency, cost-effectiveness and safety…

Talos Energy Makes Leadership Team Changes

Apr 26, 2024

U.S. oil and gas company Talos Energy has made organizational updates aimed at supporting its business growth and strategic priorities, following the recently closed QuarterNorth Energy acquisition.Sergio Maiworm, who joined Talos in 2018, was…

Equinor Cleared for Drilling Ops at Johan Castberg Field with Transocean Enabler Rig

Apr 26, 2024

Equinor has received consent from Norwegian regulator to use Transocean Enabler rig for production drilling/completion and drilling of exploration segment in the Barents Sea.The Norwegian Ocean Industry Authority (Havtil) issued a permit to Equinor for drilling operations at Johan Castberg field…

Skanska Set for South Brooklyn Marine Terminal Buildout

Apr 26, 2024

Sweden-based construction and development company Skanska has signed the final contract award, worth $612 million, for the upgrade of the South Brooklyn Marine Terminal (SBMT) in New York, which will serve as an offshore wind hub.The project…

Saudi Oil and Gas Driller Nets $93M for Jack-Up Rig Deal

Apr 26, 2024

Saudi oil and gas driller ADES Holding has secured a contract from major international oil company for one its jack-up drilling rigs, valued $93.3 million.ADES Holding received the letter of award for a one-year firm jack-up drilling contract in Qatar with three optional six-month extensions…

Fugro Gets Dogger Bank South Offshore Wind Survey Job

Apr 26, 2024

RWE and Masdar (Abu Dhabi Future Energy Company) have appointed Fugro to conduct geotechnical seabed survey on 3 GW Dogger Bank South offshore wind farm.The findings will give a detailed and accurate picture of the ground conditions, which will…

Vallourec Wins ExxonMobil’s Whiptail Order Offshore Guyana

Apr 26, 2024

France-based tubular solutions supplier for the energy market Vallourec has secured an order from ExxonMobil for the supply of line pipe for the Whiptail development, offshore Guyana.This is the fourth major order in the framework of the long-term agreement signed in 2021 with ExxonMobil Guyana…

Petrobras Signs Contracts with Perenco for Sale of Two Campos Basin Fields

Apr 26, 2024

Brazil's state-run oil company Petrobras has signed contracts for the sale of its entire stake in the Cherne and Bagre fields, located in shallow waters in the Campos Basin, to Perenco.Production from the two fields was interrupted in March…

Equinor Upbeat About Investor Interest in US Offshore Wind Farm

Apr 25, 2024

Norway's Equinor is confident of finding an investor for its planned Empire Wind 1 offshore wind farm in New York after a new power off-take agreement improved the project's economics, the company said on Thursday.New York State authorities…

GE Vernova Could Not Agree Turbines Switch on NY Wind Projects

Apr 25, 2024

Power services company GE Vernova could not reach an agreement to supply smaller turbines for three New York offshore wind developments before the contracts were canceled, CEO Scott Strazik told Reuters on Thursday.Last week, New York abandoned…

Decarbonization Offshore O&G: Navigating the Path Forward

Apr 25, 2024

In recent years, the oil and gas industry has faced mounting pressure to address its environmental impact. This has led many companies to set decarbonization targets – we are tracking more than 460 targets set by independents, majors, and NOCs across the sector…

Current News

Exxon to Shut Two Platforms in Guyana for Two Weeks for Pipeline Connection

Exxon to Shut Two Platforms in

US Proposes Offshore Wind Auctions Off Oregon and Maine Coasts

US Proposes Offshore Wind Auct

OKEA Submits $570 Million Bestla Oil and Gas Plan

OKEA Submits $570 Million Best

Green Light for $3 Billion Oil Port off Texas Expected By Year-end

Green Light for $3 Billion Oil

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