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NPD Grants Drilling Permit to OMV (Norge)

May 16, 2019

OMV Norge, a subsidiary of the Austrian oil company OMV, has received drilling permit for well 6506/11-11 S from Norwegian Petroleum Directorate (NPD).NPD said in a press release that the well 6506/11-11 S will be drilled from the Deepsea Bergen drilling facility…

Trade War Puts LNG Projects at Risk

May 16, 2019

The escalation of the trade war between the US and China could jeopardize several LNG mega projects that are awaiting final approval, said Rystad Energy.China announced on Monday that it will raise the duty on imports of US liquefied natural…

Horizon Maritime Sets Up Norwegian Arm

May 15, 2019

Canadian based Horizon Maritime announced it has taken delivery of the newly rebranded support vessel Horizon Arctic, paving way for the establishment of its new Norwegian operation.The former Bourbon Arctic, now sailing under the name Horizon Arctic…

Heerema Wins Hollandse Kust Zuid Alpha Project

May 15, 2019

Heerema Marine Contractors said it has been awarded the Petrofac contract for TenneT's Hollandse Kust Zuid (HKZ) Alpha project, one of the largest offshore wind farm zones being developed in the North Sea off the Dutch coast.The award entails…

Oil Spill at Statfjord

May 15, 2019

An unspecified amount of oil was observed on the sea surface early Wednesday morning in connection with loading oil from buoy to shuttle tanker on the North Sea Statfjord field, Equinor announced.The loading operations were stopped when this was discovered…

Johan Sverdrup Phase 2 Plan Approved

May 15, 2019

Norwegian authorities have formally approved the plan for development and operation (PDO) of the second phase of the Johan Sverdrup field, Equinor announced on Wednesday. The Norwegian energy company said the NOK 41 billion ($4.7 billion) project…

RWE Open to Partnerships in US Wind

May 15, 2019

German utility RWE would consider teaming up with peers and oil companies to make a move in the U.S. wind market, its chief financial officer Markus Krebber said on Wednesday.RWE will become Europe's third-largest renewable group following a deal to acquire the green energy units of E…

Pipeshield Bags New EA1 Contract

May 15, 2019

Lowestoft-based Pipeshield International has been awarded the contract by the offshore construction company DeepOcean to supply the 2nd phase scour protection for the East Anglia One (EA1) offshore wind farm.The award follows the successful…

NHV Joins HeliOffshore

May 15, 2019

Belgium-based offshore helicopter operator NHV Group has joined HeliOffshore, a global organization safety-focused association for the offshore helicopter industry.Through collaboration with members, HeliOffshore is delivering an industry-wide safety program that is enhancing safety worldwide…

Lundin Gets Drilling Permit for North Sea

May 15, 2019

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/1-31 A.The well will be drilled from the Leiv Eiriksson drilling facility, owned and operated by Ocean Rig.The drilling programme for well 16/1-31…

Bristow Files for Chapter 11 Bankruptcy

May 15, 2019

Offshore helicopter services provider Bristow Group filed for chapter 11 bankruptcy protection after reaching a deal with senior bondholders on a plan to slash its debt load.The struggling Houston-based helicopter operator for offshore oil and…

Eni Finds Light Oil Offshore Angola

May 14, 2019

Eni has made a new light oil discovery near its West Hub facilities in the deep waters offshore Angola, the Italian supermajor announced on Tuesday.The well, drilled on the Ndungu exploration prospect in Block 15/06, is estimated to contain up to 250 million barrels of light oil in place…

Push-the-Bit RSS

May 14, 2019

Two service companies known for point-the-bit rotary steerable systems (RSS) each decided in 2016 to create their own push-the-bit tools. Their offerings are aimed at increased tool reliability, utilization, smoother wellbores and higher levels of drilling performance consistency from well to well…

Rovuma LNG Gets Government Green Light

May 14, 2019

The government of Mozambique has approved development plans for the ExxonMobil-led Rovuma LNG project, which will produce, liquefy and market natural gas from three reservoirs located in the Area 4 block offshore Mozambique, two of which straddle the boundary with neighboring Area 1…

Schlumberger Taps Google as Preferred Cloud Provider

May 14, 2019

Services company Schlumberger said on Monday it has renewed and expanded its agreement with Google Cloud to develop cloud-native exploration and production (E&P) applications to help its customers derive actionable insights from data and harness…

Current News

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Seatrium Unit Launches Arbitration Against Petrobras over FPSO Contract

Seatrium Unit Launches Arbitra

Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs

Transocean-Valaris Tie-Up to C

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