Norway's oil production fell 28.2% year-on-year in June to 1.067 million barrels per day, lagging the official forecast for the month by 10.2%, Norway's Petroleum Directorate (NPD) said on Friday.Including condensate and natural gas liquids (NGL)…
Norwegian oil firm Aker BP has made an oil discovery off Norway which could strengthen its hand in negotiations with sometimes partner Equinor on how to develop fields.Aker BP, formed from a merger of BP's Norwegian oil assets and the Det norske oil firm controlled by billionaire Kjell-Inge Roekke…
In an industry with infrastructure well beyond its design life, stock sharing for replacement parts can help keep equipment running smoothly.Because maintenance is critical for safe and continued operations, asset owners tend to keep plenty of spare parts on hand…
International energy consultancy Xodus Group is working with Scottish Enterprise and Scottish Development International (SDI) to showcase the expertise of Scottish supply chain companies in the global offshore wind sector.The aim of the collaboration…
Half of the 6.7 billion barrels of oil equivalent (boe) new conventional oil and gas discoveries in the first half of 2019 were deepwater finds, signalling a return for explorers to high-risk frontier deepwater plays, said analyst Rystad Energy…
Malaysian offshore service provider Icon Offshore has secured a two-year contract extension from Zell Transportation (ZT) for the charter of its maintenance and support vessel Icon Kayra.Icon Offshore said in a press release that Zell Transportation…
McDermott International said it has been awarded a contract by Qatar Petroleum to carry out front-end engineering and design (FEED) work for offshore wellhead platforms, pipelines and cables associated with the North Field Expansion project…
The UK's Oil and Gas Authority (OGA) is offering 768 blocks or part-blocks across the main producing areas of the UK Continental Shelf (UKCS), including acreage in the central, northern and southern North Sea as well as West of Shetlands, as…
Fugro said it has provided remote positioning services on board a floating production storage and offloading (FPSO) vessel for Bluewater during a scheduled subsea inspection, repair and maintenance campaign in the North Sea.The recent week-long…
China's Sinopec Group on Thursday said its Sinopec Engineering Incorporation subsidiary had signed a contract to work on two pipeline projects at Saudi Aramco's Marjan oilfield in Saudi Arabia.That comes as Aramco awarded $18 billion in contracts to boost capacity at Marjan and its Berri oilfield…
A consortium of companies including Equinor, Korea National Oil Corporation (KNOC) and the Korean power company Korea East-West Power (EWP) aim to develop a floating offshore wind project off the coast of Ulsan, South Korea.The 200 megawatt…
Tech conglomerate Siemens said it will provide three 34-megawatt (MW) SGT-A35 gas turbine power generation packages to power a floating production, storage, and offloading unit (FPSO) that will operate for Eni off the coast of Mexico.The Eni…
Global Energy Group said its North Fabrication division has completed and handed over the Schiehallion Central Production Manifold M1P to BP.The 130Te manifold was delivered safely and to the required project quality requirements, the manufacturer said…
Fugro and partner Amplified Geochemical Imaging (AGI) are reporting recent success selling multiple licences for data from frontier regions offshore east coast Canada.The data were acquired during two separate hydrocarbon seep surveys in the Orphan Basin (2017) and Carson Basin (2018)…
Nigeria has a new face at the helm of the country’s petroleum industry regulator, and already he has announced ambitious targets for the next five years. Achieving these goals will have to rely partly on how much investment can be attracted…
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