Latest News - page 1337

 

VIDEO: Total Produces One Billionth Barrel from Elgin Franklin

Jun 26, 2020

French oil major Total has recently celebrated a major milestone - the production of the one billionth barrel of oil equivalent from its Elgin Franklin field in the UK sector of the North Sea, 240km east of Aberdeen.Two major reservoirs at the…

Dolphin Drilling Inks 3-Well LoI with Norwegian Operator

Jun 26, 2020

Offshore drilling contractor Dolphin Drilling has signed a letter of intent with an unnamed Norwegian oil company for a three-well plugging and abandonment campaign.The news was shared Friday morning by Dolphin Drilling's CEO Bjørnar Iversen…

OWC Sets Up Office in S. Korea

Jun 26, 2020

OWC, formerly known as Offshore Wind Consultants, has set up an office in South Korea, a country with ambitious offshore wind plans. 'We continue our expansion into key emerging markets such as South Korea. We believe a local presence is central…

Oxy Plans $9B Writedown on Bleak Oil Price Outlook

Jun 26, 2020

Occidental Petroleum Corp will write down the value of its oil and gas properties by up to $9 billion this quarter and restructure some debts to avoid a possible default, the company said on Thursday.The U.S. oil producer is trying to shed nearly…

Gazprom Starts Construction of Arctic Offshore Platform

Jun 26, 2020

Construction of Gazprom's ice-resistant offshore production platform for the development of the Kamennomysskoye-Sea field began Thursday at the shipyard of Southern Shipbuilding and Repair Center (part of United Shipbuilding Corporation) in the Astrakhan Region…

Petrobras Starts Production at Atapu

Jun 25, 2020

Brazil's state-run oil firm Petroleo Brasileiro SA said on Thursday that it has commenced oil and gas production at the Atapu well in the eastern portion of the country's massive Santos basin.Petrobras, as the company is known, is operating the well with the P-70 floating production…

UK Gov't Advised to Harness Pandemic to Speed Zero-carbon Aims

Jun 25, 2020

From creating jobs in home insulation to hiking dirty fuel taxes and expanding electric-vehicle charging, Britain's government should harness the COVID-19 pandemic to accelerate cuts in planet-heating emissions, an advisory panel said on Thursday…

Norway's Carbon Capture and Storage Project Estimated to Cost $2.6B

Jun 25, 2020

Norway's ambition to build a full-scale carbon capture and storage (CCS) chain could cost around $25 billion crowns ($2.58 billion), including operating costs for ten years, an economic analysis showed on Thursday.The International Energy Agency…

Shell Taps Danos for U.S. Gulf of Mexico Workforce

Jun 25, 2020

U.S. oilfield services provider Danos has won a contract with Shell to provide a production workforce across Shell production assets in the Gulf of Mexico.The assets to be covered by the agreement include Appomattox, Auger, Enchilada, Salsa…

Aker BP Secures Approval for Two Norwegian Sea Wells

Jun 25, 2020

Norwegian oil company Aker BP has secured regulatory approval from the Norwegian Petroleum Directorate to drill two wells in a block in the Norwegian Sea.Under the plan, Aker BP will drill wells 6607/12-4 and 6607/12-4 A in the production license 127 C…

EU Hydrogen Plan Splits Supporters Down Color-coded Lines

Jun 25, 2020

Energy industry lobbyists and advocates of renewable hydrogen are divided over whether the bloc should support low-carbon hydrogen produced by fossil fuels ahead of a new EU strategy next month.The EU's executive Commission plans to publish its hydrogen strategy on July 8…

Norwegian Petroleum Directorate Names New Senior Management Team

Jun 25, 2020

The Norwegian oil and gas regulator Norwegian Petroleum Directorate has appointed new senior management team.'The six directors who will make up the Norwegian Petroleum Directorate’s senior management team along with Director General Ingrid Sølvberg have now been employed…

Photo: Loading of First Monopiles for Kriegers Flak Wind Farm

Jun 25, 2020

Crane specialist Liebherr has shared images of the recent loading of the first monopiles in Rostock, Germany, for the Danish offshore wind farm 'Kriegers Flak.'The wind farm, located south of the Danish coast, and being developed by Vattenfall…

Photo: Brent Alpha Topside Arrives at Able Seaton Port For Recycling

Jun 25, 2020

Shell's giant Brent Alpha oil and gas platform, removed from its offshore location in the North Sea earlier this week, has arrived on Thursday at Able Seaton Port in the UK where it will be scrapped.The 44-year-old Brent Alpha is the third platform…

Site Survey to Start for Sofia Offshore Wind Farm Construction

Jun 25, 2020

The Haven Seariser 2 jack-up vessel will soon be at work at nearshore area between Redcar and Marske-by-the-Sea in the UK to carry out a six-month offshore site investigation by service provider Fugro for Innogy's Sofia offshore wind farm.'The…

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