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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…

Partners Eye Floating Wind in South Korea

Jul 11, 2019

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…

Siemens to Power Eni Mexico Area 1 FPSO

Jul 11, 2019

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…

Schiehallion Manifold Delivered to BP

Jul 11, 2019

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, AGI Sell Seep Data off Canada

Jul 11, 2019

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)…

With New Boss, It's Time NNPC Walked the Talk

Jul 11, 2019

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…

Hurricane Raises 2020 Production Guidance

Jul 11, 2019

Hurricane Energy's shares recorded their biggest daily rise since 2017 on Thursday, jumping more than 13% after the group upped its production guidance for 2020 on positive results from its so-called fractured basement reservoirs in Britain…

Oil at Six-week High

Jul 11, 2019

Oil prices hit a six-week high on Thursday as oil rigs in the Gulf of Mexico were evacuated ahead of a storm, while an incident with a British tanker in the Middle East highlighted tensions in the region.Brent crude futures were up 32 cents at $67…

EU Threatens Turkey with Sanctions over Cyprus Drilling

Jul 11, 2019

The European Union is set to curb contacts and funding for Ankara in retaliation for what it calls Turkey's 'illegal' drilling for gas and oil off Cyprus and stands ready to ramp up sanctions further, a draft statement seen by Reuters shows…

Vattenfall Wins Hollandse Kust Zuid Bid

Jul 11, 2019

Swedish power company Vattenfall has won the tender for the second phase of the Dutch offshore wind farm Hollandse Kust Zuid (HKZ) 3 & 4.Vattenfall was granted permits to build the first phase, HKZ 1 & 2 in September 2018.The wind farms will have a capacity of approximately 1…

Capricorn Norge Drills Dry Well

Jul 11, 2019

Norwegean oil and gas exploration and production company Capricorn Norge AS has completed the drilling of wildcat well 6508/1-3. The well was a dry hole.According to Norwegian Petroleum Directorate (NPD), the well was drilled about 6 kilometers…

Wrist Ship Supply Acquires Van Hulle

Jul 11, 2019

Danish ship supplier Wrist Ship Supply acquires Belgian competitor Van Hulle in order to strengthen its position in Belgium and the Netherlands.According to a press release from the supplier of provision and stores to ships and offshore installations…

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