Latest News - page 1639

 

NKT to Link Edvard Grieg to Johan Sverdrup

Jul 14, 2019

Power cables manufacturer NKT announced it has been awarded a contract to supply the high-voltage power cable that will connect the Edvard Grieg oil and gas production platform to the Johan Sverdrup field center in the Norwegian sector of the North Sea…

Storm Slashes US Gulf Oil Output 59%

Jul 12, 2019

Almost 59 percent, or 1.1 million barrels per day (bpd), of crude oil production in the U.S.-regulated areas of the Gulf of Mexico has been cut because of Tropical Storm Barry, the U.S. Bureau of Safety and Environmental Enforcement (BSEE) said on Friday…

Aker BP Boosts Exploration Capex

Jul 12, 2019

Norwegian oil firm Aker BP said it would slightly increase its capital and exploration spending this year as it reported second-quarter results that fell year-on-year.Aker's net income fell to $62 million in the quarter from $128 million a year earlier…

Heerema Signs On Vineyard Wind Project

Jul 12, 2019

Dutch offshore contractor Heerema Marine Contractors said on Friday it has been assigned to help build the first and largest commercial offshore wind farm in the United States.Situated 14 miles off the coast of Massachusetts, the 800-megawatt…

Anadarko Shareholders to Vote on Oxy Deal

Jul 12, 2019

Anadarko Petroleum Corp shareholders will vote Aug. 8 on the oil and gas producer's planned $38 billion sale to Occidental Petroleum Corp - the biggest oil and gas deal of the year.Occidental avoided its own shareholder vote on the deal by securing…

Norway's June Production Lags Forecast

Jul 12, 2019

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)…

Aker BP Makes Oil Discovery off Norway

Jul 12, 2019

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…

Taking Stock of Spares

Jul 12, 2019

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…

Scottish Offshore Wind Supply Chain Readies

Jul 12, 2019

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…

Deepwater Leads in Discovered Oil and Gas

Jul 12, 2019

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…

Icon Offshore Vessel Gets Extension

Jul 12, 2019

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 Wins FEED Work from Qatar Petroleum

Jul 11, 2019

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…

UK Launches 32nd Offshore Licensing Round

Jul 11, 2019

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…

North Sea FPSO Goes on Remote Control

Jul 11, 2019

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…

Sinopec Wins Pipeline Work for Aramco Marjan Project

Jul 11, 2019

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…

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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