The Brazilian oil company Petro Rio on Wednesday announced production start-up for the MUP5 well in the Frade offshore field in Brazil.Petro Rio said that the stabilized initial production of approximately 8,000 barrels of oil per day, above original projections…
Norwegian oil company Vår Energi on Thursday confirmed the discovery of oil in the operated 7122/8-1S Countach well in production license PL229 (Goliat), northwest of Hammerfest, including updated volume estimates. The well, in the Barents Sea…
Chinese oil company CNOOC Limited has informed it has discovered the Bozhong 26-6 oilfield in the Bohai Sea, off China, saying the discovery 'brings another hundred million tons of reserves.'Bozhong 26-6 oilfield is located in the south of the Bohai Sea…
U.S. company New Fortress Energy said on Tuesday it planned to finish building its first Fast LNG unit in May before moving the plant to offshore Altamira in Mexico in June and producing liquefied natural gas (LNG) there in July.'We're less…
Oilfield services firm TechnipFMC has won a contract with Azule Energy to supply flexible pipe for the Agogo Integrated West Hub Development Project, offshore Angola. Azule Energy, a BP and Eni joint venture in Angola, is the operator of Block 15/06 in Angola offshore…
Oman is in the preparation process to offer a new batch of oil and gas concession areas by the end of the first quarter of 2023, the energy ministry said in a tweet on Thursday.While the first batch will target onshore blocks, the Gulf-state…
Houston-based Bleutec Industries announced it has received approval in principle (AIP) from the American Bureau of Shipping (ABS) for the designs of its Jones Act compliant offshore wind farm construction solution.Envisioned as an alternative to wind turbine installation vessels (WTIV)…
Offshore seismic survey firm PXGEO announced it has appointed Tony Bowman as chief executive officer, effective April 3, 2023.Bowman joins PXGEO from an executive career at Schlumberger. During his almost 30-year tenure, he held a number of senior roles across multiple geographical locations…
Brazilian oil company Enauta announced the Petrojarl I floating production storage and offloading unit (FPSO) is back online following preventative maintenance.The FPSO, used as an early production system at Enauta's Atlanta field, required a brief period of work on its water-cooling system…
Engineering and maintenance services firm Sparrows Group said it is expanding its service roster in the North Sea as it looks to replicate its drilling services success in the Middle East and Asia.Sparrows, which had previously offered drilling services in the UK and Europe…
Norway's Equinor is close to reaching a deal to buy Suncor Energy's British North Sea oil and gas assets for around $1 billion, three sources familiar with the matter told Reuters on Wednesday.The deal includes Suncor's 40% stake in the Equinor-operated offshore Rosebank oil and gas project…
UK's competition regulator said on Wednesday it has cleared oilfield services firm Baker Hughes Co's acquisition of Altus Intervention after the companies took steps to allay concerns raised by the watchdog.The Competition and Markets Authority…
Work has begun to develop Greece’s first Floating Storage Regasification Unit (FSRU) at the Keppel shipyard in Singapore, with the conversion of GasLog’s DNV classed LNGC Gaslog Chelsea, recently renamed Alexandroupoli.Following conversion,…
Irish crew transfer vessel (CTV) owner and operator Farra Marine has expanded its fleet of CTVs after ordering another seven vessels from Singapore-based Penguin Shipyard International. The new CTVs are part of the WindFlex-27 series, and when…
Neptune Energy signed up to the Extractive Industries Transparency Initiative (EITI), an intiative designed to improve accountability for the revenues paid and received for a country’s oil, gas and mineral resources.By endorsing the initiative…
Subscribe
