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Woodside Awards Scarborough FEED Contracts

Jan 16, 2019

Australian independent oil and gas company Woodside said Wednesday it has awarded four contracts for front-end engineering design (FEED) activities for the proposed US$11 billion Scarborough Project offshore Western Australia.Each contract was…

Subsea 7 Acquires Sealion Vessel

Jan 16, 2019

Offshore contractor Subsea 7 announced Wednesday it has finalized the acquisition of a 2009-built multipurpose offshore construction and dive support vessel.The vessel Toisa Pegasus, formerly owned by Sealion Shipping, is to be renamed Seven…

Petrobras 2018 Production Shy of Target

Jan 16, 2019

Petroleo Brasileiro produced an average of 2.03 million barrels per day (bpd) in Brazil last year, the oil company said in a statement on Tuesday, just below the company's target of 2.1 million bpd.Petrobras' total production of oil and natural gas was 2…

Tullow to Boost 2019 Output

Jan 16, 2019

Africa-focused Tullow Oil's production is set to grow to between 94,000 and 102,000 barrel of oil equivalent per day (boed) this year, it said in a trading update on Wednesday, from 90,000 boed last year as it increases output in Ghana.Free cash flow stood at $400 million…

Statfjord A Platform Back in Action

Jan 16, 2019

Equinor's Statfjord A platform in the North Sea is in operation again following a brief outage on Tuesday, the operator said on Wednesday.A condensate leak led to a shutdown of production at the platform at around 1530 GMT. The situation was…

Exxon to Be Indonesia's Top Oil Producer

Jan 16, 2019

Exxon Mobil Corp unit Exxon Mobil Cepu Limited is expected to produce 216,000 barrels per day of crude oil in 2019, making it Indonesia's biggest oil producer, the country's upstream oil and gas regulator (SKKMigas) said.In second place Chevron…

Equinor Makes Gas and Condensate Discovery off Norway

Jan 16, 2019

Norwegian oil company Equinor announced Wednesday it has proven gas and condensate in the 6406/2-9 S exploration well at Ragnfrid North around 20 kilometers south of the Kristin platform in the Norwegian Sea. Recoverable resources are estimated at 6-25 million barrels of oil equivalent…

Ocean Infinity to Conduct AUV Surveys for Petrobras

Jan 16, 2019

U.S. based seabed survey and ocean exploration company Ocean Infinity announced Wednesday that its Brazilian partner has been awarded a contract to provide high-resolution hydrographic mapping services to Brazilian national oil company Petrobras…

Ingeteam Joins Spain's First Offshore Wind Turbine

Jan 15, 2019

Spanish power technology giant Ingeteam is participating in the first bottom-fixed foundation offshore wind turbine prototype to be installed in Spain and the first of its kind in southern Europe.At the request of Estyco, the project leader…

TenneT, Vattenfall Pact on Hollandse Kust Zuid

Jan 15, 2019

European transmission system operator TenneT Holding and offshore and wind farm developer Vattenfall  have signed agreements for the offshore grid connection for the Hollandse Kust Zuid I and II wind farms.The agreements concern the realisation…

BP Gives Up Acreage Offshore Nova Scotia

Jan 15, 2019

BP Canada is scaling back its oil and gas exploration plans off Nova Scotia, as the Canada-Nova Scotia Offshore Petroleum Board (NSOPB) said the company is giving back 50% of the area included in its license.According to NSOPB, half of the area…

L&T Consortium Wins EPCI Order from Saudi Aramco

Jan 15, 2019

L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Larsen & Toubro Limited  (L&T), said that it has, in consortium with Subsea 7, has bagged two projects from the world's largest oil company Saudi Aramco.The company which serves the Oil and Gas sector around the world…

Aker BP Bags 21 in Norwegian Licensing Round

Jan 15, 2019

The oil exploration and development company focusing petroleum resources on the Norwegian Continental Shelf Aker BP has been offered interests in 21 new production licenses in Norway, of which 11 as operator, through the Awards in pre-defined areas (APA 2018) licensing round…

Equinor Grabs 29 New Licenses on Norwegian Continental Shelf

Jan 15, 2019

Norwegian energy major Equinor has been awarded 29 new licences by Norway’s Ministry of Petroleum and Energy as part of the Award in Predefined Areas (APA) for 2018 – 13 licences as operator and 16 as partner.Norway's government says it awarded…

Equinor Extends Esvagt Contract

Jan 15, 2019

Norwegian multinational energy company Equinor ASA and the provider of emergency rescue and response vessels Esvagt have extended their cooperation in the southern part of the Norwegian sector.The vessel provider said on Tuesday that the cooperation…

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