Norwegian oil and gas operator Aker BP has failed to find oil at the 6608/6-1 exploration well in the North Sea, reported Norwegian Petroleum Directorate (NPD).The well was drilled about 65 kms northeast of the Norne field and 170 kms west of Sandnessjøen…
Norwegian operator Aker Energy has again extended an option agreement for the use of floating production, storage and offloading (FPSO) vessel with Ocean Yield.'Ocean Yield has today agreed with Aker Energy to extend the option period until 31st December 2019 against additional compensation…
Norwegian offshore supply vessel (OSV) operator DOF has won work for two anchor-handling tug supply (AHTS) contracts to support OMV's drilling operations in New Zealand.Two AHTS vessels, Skandi Emerald and Skandi Atlantic, have been contracted…
When used under the right circumstances, subsea processing technologies have clear and obvious benefits as an enabler for increased oil recovery and even as a more environmentally friendly alternative to conventional processing equipment.In many instances…
Australia's largest oil and gas operator Woodside Energy will leverage Schlumberger's DELFI cognitive cloud-based software environment in an effort to increase consistency, reduce study cycle time and foster innovation in its subsurface characterization and development activities…
Oilfield equipment and service provider National Oilwell Varco has begun trimming its workforce for the second time this year, two people familiar with the matter said this week, as oil producers cut spending budgets.The Houston, Texas-based…
A developmental drilling program in the producing Manora field offshore Thailand has been completed ahead of schedule, project partner Tap Oil announced on Tuesday.The first of the three wells was spudded on July 9 by the Ensco 115 jack-up drilling rig…
California-based Upwing Energy said it has been awarded 10 new patents from the US Patent and Trademark Office (USPTO) for critical enabling technologies in the company’s downhole rotating tools and proprietary methods used to increase hydrocarbon production and recovery…
Jan De Nul Group said it has installed all 20 foundations for the 120-megawatt (MW) Formosa 1 Phase 2 wind farm offshore Taiwan.As part of the Dutch company mobilized the Seaway Yudin to install the foundations as part of its EPCI contract for building of the overall balance of plant…
Offshore equipment and services company Deep Down announced it has received an order from Shell for work related to its Kaikias development in the U.S. Gulf of Mexico.The order is for the design, engineering, manufacturing and installation of…
Sentiment in the US offshore oil and gas industry is “generally upbeat” heading into the nation's next Gulf of Mexico lease sale, according to trade group National Ocean Industries Association (NOIA).On Wednesday in New Orleans, the Bureau of Ocean Energy Management (BOEM) will offer 77…
Houston-based networking solutions provider RigNet announced on Tuesday that Brazil’s Ocyan has signed a multi-year agreement and selected Intelie Live, RigNet’s machine learning-based analytics platform, to be used at its Drilling and Marine Operational Support Center (CSD)…
Xervo by SH Group, the producer of the approved conventional NORSOK lifeboat systems, The Boat-In-A-Box davit system, said it has signed a contract for the first option with Awilco Drilling. Like the first order, the option includes the delivery…
State-controlled oil firm Petroleo Brasileiro SA said the cost of extracting oil in subsalt areas may fall from the current level of $6 a barrel, Chief Executive Roberto Castello Branco said during an event.(Reporting by Marta Nogueira Writing by Ana Mano Editing by Chizu Nomiyama)
Equinor and partners OMV and Petoro have made an oil discovery in the Sputnik exploration well in the Barents Sea. Preliminary estimates peg recoverable resources at between 20 million and 65 million barrels of oil.The Sputnik well (7324/6-1) was drilled to a vertical depth of 1…
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