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Leviathan Platform Starts Voyage to Israel

Jul 14, 2019

The gas platform for the Leviathan natural gas field is on its way to Israel from the Gulf of Mexico, the partners in the project said on Sunday.The first of four barges transporting the production structure units has left Texas and the other three will set sail in the coming weeks…

Turkey Plans to Continue Drilling off Cyprus

Jul 14, 2019

Turkey will continue drilling for gas in waters off Cyprus if the internationally recognized Greek Cypriot government does not accept a cooperation proposal put forward by Turkish Cypriots, Ankara's foreign minister said on Sunday.Mevlut Cavusoglu…

Storm Cut 73% of US Offshore Production

Jul 14, 2019

Tropical Storm Barry has cut 73%, or 1.38 million barrels per day (bpd), of crude oil production in the U.S.-regulated areas of the Gulf of Mexico, the U.S. Bureau of Safety and Environmental Enforcement (BSEE) said on Sunday.Natural gas output from the northern Gulf of Mexico is down 62%…

Saipem Testing Hydrone-R Resident Vehicle

Jul 14, 2019

Italian services firm Saipem said it has started functional testing on its Hydrone-R underwater resident vehicle at Sonsub facilities in Venice.The advanced underwater intervention drone is being launched in water for a comprehensive qualification…

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…

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