Latest News - page 1821

 

Offshore Achievement Awards finalists unveiled

Jan 16, 2018

Finalists for this year's Offshore Achievement Awards, hosted by the Society of Petroleum Engineers (SPE) Aberdeen Section, have been revealed today.  The annual awards recognise the best talent, performance and innovation in the industry…

Bruce, Keith, Rhum fields resume production

Jan 15, 2018

BP has brought the Bruce, Keith and Rhum fields back on production following the successful repair of the Forties Pipeline System, Serica Energy reported on 12 January. Production from the fields was shut-in on 11 December, along with other fields using the system…

Total, Petrobras finalize Lapa, Iara transfer

Jan 15, 2018

French oil major Total and Brazilian national Petrobras have finalized the US$1.95 billion transfer of interests in the pre-salt Santos Basin from Petrobras to Total. The companies called the move a “decisive milestone” in a strategic alliance…

Shell advances Penguins FPSO redevelopment in North Sea

Jan 15, 2018

Shell has reach final investment decision on its Penguins fields redevelopment in what will be its first new manned installation in the northern North Sea in almost 30 years. The project will see a newbuild floating production, storage…

Updated: ONGC helicopter crash kills 7

Jan 15, 2018

The bodies of five senior Oil and National Gas Co. (ONGC) staff and one of their helicopter pilots have been recovered followed a crash offshore Mumbai, India, on Saturday.  ONGC's Twitter announced today (15 January) that a seventh body has been found and brought to Mumbai…

FairfieldNodal closes WGP acquisition

Jan 12, 2018

Houston-based marine seismic node firm FairfieldNodal has finalized its acquisition of UK-based marine geophysical services firm WGP Group from Thalassa Holdings. The acquisition will have an effective date of 31 December 2017. FairfieldNodal…

Repsol to decommission Rev field

Jan 12, 2018

Repsol's Norwegian subsidiary has set out plans to decommission its Rev field in the Norwegian North Sea.  The Rev field, in Production Licence 038C, Block 15/12 on the Norwegian Continental Shelf, comprises four seabed installations split into two separate areas…

Spirit gets nod for Fogelberg drilling

Jan 12, 2018

Spirit Energy, the new name for what was Centrica's exploration and production business, has been given permission by Norway's Petroleum Safety Authority to drill an appraisal well and a side track on the Fogelberg discovery in the Norwegian…

Oceaneering partners with Aussie asset integrity outfit

Jan 11, 2018

Oceaneering International's Australian subsidiary has formed a partnership with Australian-owned and operated NDT Tech Ops to provide asset integrity services, including integrated inspection, non-destructive testing, and evaluation services…

Julie Robertson to head Noble Corp.

Jan 11, 2018

Julie J. Robertson will succeed David W. Williams as Noble Corp. chairman, president and CEO, effective February 2018.  Julie Robertson. Image from Noble Corp. UK-based offshore driller Noble…

NPD: Norway production increase to 2023

Jan 11, 2018

The Norwegian Petroleum Directorate (NPD) says that while oil production is down on the Norwegian Continential Shelf (NCS), overall production rose for the fourth straight year. The NPD's forecasts indicate that the production increase will continue toward 2023…

Zama appraisal to begin late 2018-19

Jan 11, 2018

Premier Oil announced in its trading and operations update that it is working with joint venture partners Talos Energy (operator) and Sierra Oil & Gas to progress the appraisal program for the Zama-1 discovery in block 7 in the Sureste Basin offshore Tabasco…

Rockhopper: Sea Lion sanction by end of 2018

Jan 11, 2018

UK-based explorer Rockhopper says the Premier Oil-operated Sea Lion project, offshore the Falkland Islands, is moving towards sanction by year's end.  Sea Lion schematic Phase 1, 2, and 3. Image from Rockhopper…

Stone hits pay at Mt. Providence

Jan 10, 2018

US-based Stone Energy hit oil at its 100%-owned Mt. Providence development well in Mississippi Canyon block 28, in the deepwater US Gulf of Mexico. The Mt. Providence well (also known as MC 28 #4) hit approximately 153ft of high quality…

Tullow adds acreage off Peru

Jan 10, 2018

Tullow Oil has picked up six licenses offshore Peru, spanning 28,000sq km, the UK-based firm confirmed today (10 January). Map of Peru blocks. Image from Tullow. Following negotiations with Perupetro…

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