Latest News - page 1515

 

Batched Drilling Saves Rig Time at Mad Dog 2

Jan 13, 2020

With the Argos semisubmersible due to begin production from BP’s Mad Dog field in late 2021, the drilling team needed to ensure the drilling campaign stayed on schedule.BP did this by dedicating and integrating experienced drilling engineers and geoscientists to plan…

First Gas Flows From SapuraOMV's SK408 Block

Jan 13, 2020

SapuraOMV, an E&P joint venture between Malaysia's Sapura and Austrian OMV, has started the first production from SK408 block, off Malaysia, bringing online the Larak gas field. The SK408 gas fields are part of discoveries made by SapuraOMV Upstream in a drilling campaign in 2014…

Lekoil in Trading Halt After Funding Deal Query

Jan 13, 2020

London-listed oil company Lekoil has suspended trading of its shares after the Qatari Investment Authority questioned the validity of its recently announced funding agreement.Lekoil, focused on oil and gas activities in Africa, earlier in January…

Shell Presses Ahead with Malikai Phase 2

Jan 13, 2020

Oil giant Shell has made a decision to invest in the second phase of its Malikai deepwater development offshore Malaysia.In an announcement on Monday, Shell's Malaysian subsidiary Sabah Shell Petroleum Company, the operator of the Malikai Tension-Leg Platform (TLP) located offshore Sabah…

Bourbon Assets Sold to SPP

Jan 13, 2020

Assets of the French offshore vessel owned Bourbon have been sold to SPP, a company owned by a group of French banks, following a court decision announced in December.The Marseilles Commercial Court on December 23 ruled the assets of Bourbon…

TGS names SVP Imaging. Strikes Google Cloud deal

Jan 13, 2020

Norway-based seismic data provider TGS has appointed Scott Mitchel, an ex-BP man, as Senior Vice President of Imaging at TGS. TGS has also signed a deal with Google Cloud for cloud-based computing capacity.Mitchell, who has 28 years of experience in the oil and gas industry…

Lundin Cuts Ambition for Arctic Alta, Gohta development

Jan 13, 2020

Lundin Petroleum has cut its resource estimate for the Alta oil discovery in the Norwegian Arctic, and no longer sees Alta and the nearby Gohta find as commercially viable for a joint field development, the Swedish company said on Monday.The company…

Equinor, Ørsted Spearheading Offshore Wind Coalition

Jan 13, 2020

Norwegian energy firm Equinor and Danish offshore wind power company Ørsted will lead a newly formed international Ocean Renewable Energy Action Coalition aimed to boost the sustainable deployment of ocean-based renewable energy and mitigate the harmful impacts of climate change…

7th Extension for FPSO Polvo in Brazil

Jan 13, 2020

Brazilian oil firm PetroRio has extended the FPSO Polvo charter with BW Offshore. Oslo-listed owner of the FPSO BW Offshore said Friday that it had signed an agreement with PetroRio for a one-year extension for the lease and operation of the FPSO Polvo…

Equatorial Guinea To Add 20,000 BPD of Oil Production This Year

Jan 13, 2020

Equatorial Guinea will add 20,000 barrels per day (bpd) of oil production by October, the country's oil minister said on Sunday. 'We expect an increase this year of around 20,000 bpd additional because of the new discoveries,' Gabriel Obiang Lima told reporters on the sidelines of an energy event…

Saipem Contracts Cathie for NnG

Jan 12, 2020

The offshore geoscience and geotechnical engineering consultancy Cathie Group has secured a contract by the Italian oil and gas contractor Saipem to provide geotechnical assistance for the Neart na Gaoithe (NnG) offshore wind project in the UK…

Saint-Nazaire OWF Construction Begins

Jan 12, 2020

The first steel sheet of the electrical substation for the offshore wind farm (OWF) of Saint-Nazaire (west of France) was cut at Chantiers de l’Atlantique shipyard in Saint-Nazaire.Ordered in August 2019 by Parc du Banc de Guérande, held jointly by EDF Renouvelables and Enbridge Inc…

Germany’s biggest OWF Operational Now

Jan 12, 2020

Germany’s biggest wind farm has been fully connected to the grid. According to EnBW Energie Baden-Württemberg AG  (EnBW), its  Albatros offshore wind farm is  located roughly 100 km off the coast of Germany.'The Hohe See offshore wind farm has already been in operation since October 2019…

Replacement Turret for Lufeng FSO Completed

Jan 10, 2020

SOFEC said it has loaded out of the replacement turret for the floating storage and offloading unit (FSO) HYSY121 at the Lufeng field, in the South China Sea.The construction was completed at Penglai Jutal Offshore Engineering Heavy Industries Co…

COSL, Equinor Settle Rig Termination Dispute

Jan 10, 2020

Chinese offshore drilling contractor COSL has settled a rig contract termination dispute with Equinor and has entered into an agreement with the oil company for potential future rig work.Equinor - then known as Statoil - in March 2016 terminated…

Current News

Venterra Company, CAPE Holland, Awarded Contract for Fengmiao Offshore Wind Farm

Venterra Company, CAPE Holland

Bae Systems Launches Incubator Program to Propel Technologies Beyond Defense

Bae Systems Launches Incubator

DOF Group ASA Contract Award for Well Intervention Services in North America

DOF Group ASA Contract Award f

Jacket Loadout Milestone Completed for BorWin6 Offshore HVDC Platform

Jacket Loadout Milestone Compl

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