Industry News

 

Wintershall Dea Wraps Begknapp Appraisal Drilling. Eyes Tie-back to Nearby Platforms (Norway)

Sep 06, 2021

Oil and gas firm Wintershall Dea has completed the drilling of an appraisal well on the Bergknapp oil discovery in the Norwegian Sea.Wintershall Dea made the Bergknam discovery in April 2020, using Saipem's Scarabeo 8 offshore drilling rig.The…

U.S. Offshore Oil Output Still Mostly Down a Week after Hurricane Ida

Sep 06, 2021

Damage to oil production facilities in the U.S. Gulf of Mexico kept output largely halted on Sunday, a week after Hurricane Ida made landfall, according to offshore regulator the Bureau of Safety and Environmental Enforcement (BSEE).Energy companies…

Kumul Petroleum Awarded Pandora License Offshore PNG

Sep 03, 2021

The Government of Papua New Guinea has granted the right s to the Pandora offshore license to Kumul Petroleum, the company's fourth license in the country, with the first three awarded in April.The Minister for Petroleum, Kerenga Kua said the…

Offshore Vessel Hits Platform at South Pars Field, Off Iran

Sep 03, 2021

An offshore vessel has this week allided with an offshore gas platform in Iran's South Pars gas field, according to Pars Oil and Gas Company.The incident happened Wednesday when the vessel hit the SPD12B gas platform in the Persian Gulf.A photo…

Solstad Offshore Wins Deals for 7 PSVs in West Africa

Sep 03, 2021

Norwegian offshore vessel owner Solstad Offshore said Friday it had secured contracts for seven platform supply vessels.Without sharing the client identity Solstad Offshore said the new medium-term contracts were secured in West Africa. Solstad…

TechnipFMC Sells 9.9% Stake in Technip Energies for $233M

Sep 03, 2021

Energy industry services firm TechnipFMC said Friday it had sold a 9.9% stake in Technip Energies to Hal Investments for €196.2 million (~$233 million).Technip Energies was created in February 2021 after TechnipFMC completed its spin-off transaction to create two independent…

Norway to Support Ocean Grid Offshore Wind Project

Sep 03, 2021

The Norwegian government has set aside 82.7 million crowns ($3,86 million) to support Ocean Gird, a project that looks to develop new technology and solutions to enable a profitable development of offshore wind on the Norwegian continental shelf…

Petrobras Exits Lapa Offshore Oil Field

Sep 02, 2021

Brazilian oil company Petrobras has sold its remaining stake in the Lapa offshore oil field in Brazil's Santos Basin to the French oil firm TotalEnergies.The Brazilian national oil company said Wednesday said that the deal was concluded with the payment of $49…

Bourbon to Support Shell's Exploration Campaigns in Namibia and Sao Tomé

Sep 02, 2021

Offshore vessel owner Bourbon has secured a contract with Shell to provide international freight forwarding, integrated logistics services, and platform supply vessel services to support two deepwater offshore exploration campaigns in Namibia and Sao Tomé…

Ithaca Energy's North Sea Oil Find 'a Ray of Light' for UK Offshore Exploration

Sep 02, 2021

Energy intelligence firm Wood Mackenzie has shared that Ithaca Energy has made an oil discovery at Fotla prospect in the UK North Sea, labeling it 'a ray of light' in what’s been a tough year for UK exploration activity, with 2021 on track for the fewest number of completed wells since the 1960s…

Empyrean to Drill at 'World-class' Jade Prospect Using COSL Rig

Sep 02, 2021

Chinese offshore drilling company COSL is set to sign an integrated drilling contract with Empyrean Energy to drill the Jade exploration well on Block 29/11, offshore China. The drilling is expected to start in December, Empyrean said Thursday…

Lundin Gets Nod to Start Up North Sea Field

Sep 02, 2021

Swedish oil and gas firm Lundin Petroleum has received approval from the Norwegian authorities to start up its Solveig field in the North Sea. offshore Norway.Expected to start production this autumn, Solveig will produce from subsea production facilities tied into the Edvard Grieg field…

DOF's Skandi Achiever DSV to Stay with Petrobras Until 4Q 2022

Sep 02, 2021

Norwegian offshore vessel operator DOF Subsea has won more work in Brazil with Petrobras.After a recent three-year contract secured for a pipelay support vessel duo co-owned with TechnipFMC, DOF Subsea said Thursday it had secured a contract…

EnQuest Lowers Output Guidance on Magnus Field Declines

Sep 02, 2021

Oil producer EnQuest on Thursday warned that annual output would be at the lower end of its previously forecast range, primarily owing to declines at its Magnus field in the UK North Sea, sending its shares down more than 7%.Production activity…

Offshore Equipment Firm Dril-Quip Names New CEO

Sep 02, 2021

Offshore drilling equipment specialist Dril-Quip, has named Jeffrey J. Bird as its new President and Chief Executive Officer. Effective as of January 1, 2022, he'll replace Blake T. DeBerry, who will step down at that time. DeBerry will continue…

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