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Peterson Wins Logitsics Contract for Repsol Sinopec

Jan 21, 2019

Energy logistics provider Peterson announced Monday it has been awarded a new long-term integrated logistics contract to service Repsol Sinopec Resources U.K.The contract sees Repsol Sinopec transitioning their marine and quayside operations to Aberdeen from Peterhead with integrated supply base…

Total Green-lights Ikike Oil Project in Nigeria

Jan 21, 2019

French oil group Total will approve plans to proceed with the Ikike project in Nigeria in the coming months, and also aims to expand its liquefied natural gas (LNG) project in the country, CEO Patrick Pouyanne said on Monday.Total is one of the strongest players in the African oil sector…

Anchor Handlers Dearth a Sign of Tightening Rig Market

Jan 21, 2019

A brief lull in winter weather across the North Sea over the weekend imperceptibly tightened the spot market for anchor-handling tug supply vessels (AHTS), until there were no vessels left for oil companies to charter.That spot tightness in AHTSs…

Equinor Stops Drilling Arctic Well After Incident

Jan 21, 2019

Norway's Equinor has put on hold the drilling of a key exploration well in the Barents Sea after a well incident last week, the company said on Monday.The incident occurred when Seadrill's rig West Hercules was drilling the Gjoekaasen well offshore Norway…

Schottel Merges Tidal Units to Sustainable Marine Energy

Jan 20, 2019

Schottel, the manufacturer of propulsion and steering systems for ships and offshore applications, has made a strategic decision to merge its tidal energy businesses into Sustainable Marine Energy (SME), including UK subsidiary TidalStream Ltd…

Equinor Pushes Shore Power, Cuts CO2

Jan 20, 2019

Norwegian oil major Equinor said that NorSea opened a shore power supply station at the Dusavik supply base in Stavanger, Norway, on January 18.'The base is the latest in a string of supply bases where vessels operating on Equinor contracts…

Global Gas Output Hit Record in a Decade in 2018

Jan 20, 2019

The oil and gas industry achieved a net production increase of 164bn cubic metres (bcm), which represents the highest production growth since 2010, according to research by Rystad Energy.“Year-on-year growth was clearly driven by North America…

Inpex Wins Exploration Acreage Offshore Norway

Jan 20, 2019

Japan’s Inpex Corporation, through its unit Inpex Norge bagged two exploration licenses offshore Norway in Norway’s Awards in Predefined Areas (APA) 2018 licensing round.The PL1027is located in the western Barents Sea offshore and PL1016 is…

Finalists Revealed for 2019 Offshore Achievement Awards

Jan 20, 2019

Finalists for the Offshore Achievement Awards 2019 have been revealed last week.The annual awards, which are hosted by the Society of Petroleum Engineers (SPE) Aberdeen Section, give recognition to the best talent, performance and innovation in the offshore energy industry…

Government Shutdown: Atlantic Seismic Permitting Blocked by Judge

Jan 19, 2019

A federal court judge on Friday ruled that the federal government cannot process seismic testing permits for offshore oil drilling during the ongoing government shutdown, dealing a blow Trump administration's energy agenda.Judge Richard Gergel of the U…

Fugro to Mobilize Edda Sun for IRM Work

Jan 18, 2019

Dutch offshore surveyor Fugro said Friday it is set to commence its first project using the multipurpose remotely operated vehilve (ROV) support vessel, Edda Sun, with mobilization for an inspection, repair and maintenance (IRM) contract planned for March 2019…

Saipem Wins EPIC Work from Saudi Aramco

Jan 18, 2019

Italian services company Saipem announced Friday it has been awarded two engineering, procurement, installation and construction EPIC contracts from Saudi Arabian national oil company Saudi Aramco as part of the long term agreement for offshore activities in Saudi Arabia…

Schlumberger to Manage Equinor Project in Brazil

Jan 18, 2019

Schlumberger signed a contract worth over $200 million with oil major Equinor to manage an offshore rig as part of a drilling program in Brazil's offshore Campos oil basin, a person familiar with the matter said on Thursday.The deal would be…

BP Goes Global with Seismic Tech

Jan 18, 2019

Buoyed by the success of seismic imaging that found an extra billion barrels of oil in the Gulf of Mexico, BP is looking to take its latest technology to Angola and Brazil.The software used in the Gulf, based on an algorithm created by Xukai Shen…

Shell to Pick Either Onesubsea or TFMC for Ormen Lange Phase 3

Jan 18, 2019

Shell will develop the third phase of its giant Norwegian gas field Ormen Lange with a subsea compression system, the oil major said in a statement on Friday.The company will either choose Schlumberger's Onesubsea or TechnipFMC to do the work…

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