French oil major Total SA said on Thursday it would cut 200 jobs in Denmark as part of the redevelopment of the Tyra gas fields in the North Sea.Total, which bought A.P. Moller-Maersk's oil and gas business in 2017, will shut production at the…
Fully-automated drilling aboard a semisubmersible or jack-up drill rig powered by batteries has just become a reality. As May 2019 got underway, new, modern rigs were being ordered on more exploration, and no fewer than eight modern rigs — seven…
Turkey launched a second drilling ship on Thursday which will conduct natural gas operations off the northeast coast of Cyprus for three months, a move which risks aggravating a conflict with Cyprus over jurisdiction rights for oil and gas exploration…
ACE Winches said it has expanded its offering at a number of locations worldwide, supported through a pair of new working partnerships.The UK-based firm, which designs, manufactures and hires lifting, pulling and deploying solutions, announced…
British industry regulator, Oil & Gas Authority (OGA) will soon publish an industry report detailing the cost of decommissioning on the UK Continental Shelf and the progress being made by industry, government and regulators to reduce costs by more than 30 per cent…
The Norwegian Petroleum Directorate (NPD) has announced that it has granted Equinor Energy AS a drilling permit for well 6507/2-5 S.Equinor Energy AS is the operator with an ownership interest of 40%.Well 6507/2-5 S will be drilled from the West Phoenix drilling facility…
Water-based and non-aqueous drilling fluids and its associated drill cuttings are the largest waste streams generated in global offshore drilling operations. Because of this, there are regulations in place which govern how companies dispose of the materials generated from the wellbore…
Oceaneering announced on Wednesday it has secured a contract from Anadarko Petroleum Corporation to supply umbilicals, distribution hardware, and aftermarket services for its liquefaction and export terminal project in Mozambique.The multiple…
A UK shipbuilder known for building high-speed ferries aims to enter the offshore wind market with a new line of wind farm support vessels (WFSV).Wight Shipyard Co (WSC) said its Vortisea brand of vessels, designed in collaboration with Australian naval architect Incat Crowther…
Equinor said it will make changes to the leadership of two corporate staff areas.Siv Helen Rygh Torstensen, head of the CEO office, will take over as General Counsel, succeeding Hans Henrik Klouman, who will take on a role as Senior Advisor to the EVP CFO from August 1…
Some 922 workers on Norwegian offshore oil drilling rigs and floating production platforms could potentially go on strike on June 28 unless a pay deal is agreed, Norway's largest oil workers union Industri Energi said on Wednesday.The strike would hit oil companies' exploration efforts this summer…
Equinor and Barra Energia have completed their transaction announced in July 2018, whereby Equinor has acquired Barra's 10% interest in the BM-S-8 block in Brazil's Santos basin for a total consideration of $379 million.Upon the completion of this transaction…
A BP drilling rig reached its destination in the North Sea on Wednesday after 11 days of delays due to Greenpeace protests over climate change, the activist group said.The 40,000-metric-ton Paul Loyd JNR left Cromarty Firth, north of Inverness…
Following the submission of financial restructuring proposals subject to conditions precedent, the Board of Directors of BOURBON Corporation reviewed today the two proposals which are considered relevant to the interests of the group, its employees…
A subsea space race is now officially underway in the offshore oil and gas industry following successful trials of docking and inspection operations using a commercially available underwater vehicle and Norwegian energy firm Equinor’s open-standard subsea docking station (SDS)…
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