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FAR Starts Senegal FEED

Dec 16, 2018

Africa focussed Australian oil and gas FAR Limited has begun front-end engineering design (FEED) activities for phase-one development of its SNE oil field offshore Senegal.The FEED will aim to finalise budget, schedule and technical definition…

CHC Bags Norwegian Sea Offshore Contract with OMV

Dec 16, 2018

Global helicopter services company CHC Group announced it has been awarded the contract from OMV (Norge) AS, to provide helicopter services in support of their forthcoming drilling program at the PL 644 field in the Norwegian Sea.“We are excited…

Block Energy Recovers Oil at West Rustavi

Dec 16, 2018

Block Energy Plc, the exploration and production company focused on the Republic of Georgia, is pleased to announce that more than 200 barrels of oil were recovered from the legacy vertical well 16a at its West Rustavi permit during a 10 hour flow period…

Pioneering Spirit Joins Nord Stream 2

Dec 16, 2018

Pipelay vessel “Pioneering Spirit” will enter the Baltic Sea via the Great Belt Bridge in Denmark to join the Nord Stream 2 construction fleet. The vessel is due to start pipelay in the Finnish Exclusive Economic Zone (EEZ) in the coming week…

Oil Slips 2 Percent

Dec 14, 2018

Oil prices dropped about 2 percent on Friday, weighed down by a falling U.S. stock market, while weak economic data from China pointed to lower fuel demand in the world's biggest oil importer.Brent crude futures for February delivery fell $1…

Solstad Scores Long-term Charter with Total

Dec 14, 2018

Norwegian vessel owner Solstad Offshore ASA, together with its local partner Petro Services, has entered into a contract with Total Exploration & Production Congo for the construction support vessel (CSV) Far Sleipner.The contract has a duration of two years firm plus four six-month options…

Europeans Sweep Record US Offshore Wind Auction

Dec 14, 2018

A U.S. government auction for three wind leases off the coast of Massachusetts ended on Friday with record-setting bids totaling more than $400 million from European energy giants including Royal Dutch Shell Plc and Equinor ASA.The Bureau of…

BP Green Lights Trinidad, Tobago Gas Projects

Dec 14, 2018

BP in Trinidad and Tobago (bptt) gave the go-ahead to two new gas developments, Cassia compression and Matapal, offshore Trinidad, it said on Friday.BP will build a new platform, Cassia C, and first gas from the facility is expected in the third quarter of 2021…

Norne FPSO Extended Through 2036

Dec 14, 2018

Norway's Petroleum Safety Authority has given Equinor the green light to extend the operation of the Norne floating production storage and offloading vessel (FPSO) and associated facilities until the end of 2036.'The consent has been granted…

Sonangol, ExxonMobil Ink Exploration Deal

Dec 14, 2018

Angola's state oil company Sonangol and ExxonMobil on Friday signed a memorandum of understanding for oil exploration in the country's Namibe basin, the two firms said.Angola, Africa's second-largest crude producer, is facing a steep output…

Op/Ed: CCS Needs to Start With a Bang, Not a Whimper

Dec 14, 2018

For carbon capture and storage (CCS) to make a meaningful contribution towards decarbonizing our energy system, it needs to start with a bang, not a whimper₁. Scale projects are needed now if CCS is to stand any chance of benefiting from the…

Suncor Expects 10% Production Rise in 2019

Dec 14, 2018

Suncor Energy Inc, Canada's second-largest energy producer, said on Friday it expects average upstream production to rise 10 percent in 2019, even after implementing Alberta's mandated output cuts.Alberta has mandated temporary output cuts of 325…

Building Bridges of Trust for Oil Spill Response

Dec 14, 2018

An oil spill response workshop in Houma, La., earlier this month was the first of five such information gathering sessions the Sea Grant Oil Spill Science Outreach Program has planned in coastal areas. The year-long project, which began in July…

Norway Postpones Decision on Arctic Oil Terminal

Dec 14, 2018

The Norwegian government has postponed a decision on whether to mandate the construction of an oil processing terminal near the Arctic tip of northern Europe until the third quarter of next year, it said on Friday.If built, the onshore Veidnes…

Moray East Offshore Confirms Financial Close

Dec 14, 2018

UK-based Moray Offshore Windfarm (East)  announced that it has reached financial close – a major milestone marking the commencement of GBP 2.6 bln of project finance investment.The consortiumwhich develops and operates offshore wind farms, known as ‘Moray East’…

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