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Aker BP to Lower North Sea Discovery Size Estimate after Appraisal Well Disappoints

Sep 01, 2021

Aker BP is set to lower the size estimate of the 2019-made Liatårnet discovery in the Norwegian part of the North Sea, after the related appraisal well hit lower than expected hydrocarbon volumes.The company said that pending further analysis…

Danish Offshore Vessel Owner Looking to Recruit 50 Seafarers

Sep 01, 2021

Danish offshore vessel owner Esvagt is looking to recruit around 50 seafarers on the back of recently awarded contracts with energy giant TotalEnergies.'New long-term contracts with TotalEnergies on seven vessels for operations in the North…

Van Oord Set to Install Italy's First Offshore Wind Farm

Sep 01, 2021

Dutch offshore installation firm Van Oord has secured a contract to install offshore wind turbines at Italy's first offshore wind farm.The company's offshore installation vessel MPI Resolution has this week set sail to Italy where it will install the monopiles…

VAALCO's Partners Approve FSO/FPSO Swap Offshore Gabon

Sep 01, 2021

Africa-focused oil and gas company VAALCO Energy said Wednesday that its partners in the Etame field offshore Gabon had approved the plan to charter an FSO to replace the FPSO currently deployed at the Etame field.VAALCO, which first announced the FSO charter plans on August 26…

First Look at Louisiana Offshore Oil Port Finds No Major Damage after Hurricane

Sep 01, 2021

The Louisiana Offshore Oil Port (LOOP), the largest deepwater oil import and export terminal on the U.S. Gulf Coast, has found no major damages to its marine operations during an initial review [of the impact of the hurricane Ida], but operations remain offline as assessments continue…

U.S. to Resume Oil Drilling Auctions to Comply with Court Order

Sep 01, 2021

The Biden administration announced plans on Tuesday to open millions of acres for oil and gas exploration as the White House sought to comply with a court order requiring it to resume lease auctions.The move, which includes some 80 million…

Hurricane Ida: Output Still Shut on Chevron's GOM Platforms

Sep 01, 2021

Chevron Corp on Tuesday said production remains shut in at its Chevron-operated Gulf of Mexico platforms due to Hurricane Ida.The Fourchon terminal and Empire terminal and their related pipeline systems are also shut in, the company said in a note…

Norway Proposes Overhaul of Petroleum Tax System

Aug 31, 2021

Norway's government has proposed overhauling taxation of its oil and gas firms by scrapping some incentives, it said in a surprise announcement on Tuesday, further heating up a pre-election debate over the future of the country's top industry…

Jersey Oil & Gas Delays Greater Buchan Plans to Allow for Electrification Studies Completion

Aug 31, 2021

Jersey Oil & Gas, a UK-based company that is working to build its Greater Buchan Area oil production hub project in the UK North Sea said Tuesday it would delay the first oil date to allow for regional electrification studies to be completed…

Indonesia: SKK Migas Approves Plans for Ubadari Gas Field and Vorwata CCUS Project

Aug 31, 2021

Indonesian oil and gas regulator SKK Migas has approved the Plan of Development (POD) for the Ubadari gas field and Vorwata Carbon Capture Utilization and Storage (CCUS) project, as the next stage of development at the Tangguh LNG project in Papua Barat…

VIKING Launches In-Tower Evacuation Kit for Offshore Wind Turbine Workers

Aug 31, 2021

Maritime and offshore safety equipment maker VIKING Life-saving Equipment has launched a self-contained evacuation kit for offshore wind turbine service technicians. The company said the kit is easily accessible and stored in the wind turbine tower…

Borr Drilling Secures Contracts for Rig Duo in W. Africa

Aug 31, 2021

Shallow water drilling contractor Borr Drilling said Tuesday it had recently secured awards for two offshore rigs in West Africa.'In late August 2021, the company entered into two LOA/LOIs which have previously not been announced for two rigs…

Floods, Outages Slow Oil Companies' Efforts to Restart after Hurricane Ida

Aug 31, 2021

Widespread flooding from Hurricane Ida and power outages slowed efforts on Tuesday by energy firms to assess damages at oil production facilities, ports, and refineries.Nearly all of Louisiana lost electrical power on Monday after one of the…

MAN Energy Solutions' Subsea Compressors for Chevron's Jansz-Io Project in Australia

Aug 31, 2021

Norwegian firm Aker Solutions has awarded MAN Energy Solutions the contract to supply subsea compressor units for Chevron's Jansz-Io Compression (J-IC) Project offshore Western Australia.The Jansz-Io field was first discovered in April 2000 and is a part of the Gorgon project…

IKM Acona CEO to Become Magseis Fairfield CFO

Aug 31, 2021

Ocean bottom seismic (OBS) specialist Magseis Fairfield said Tuesday that Stig Hognestad, currently CEO of IKM Acona, would succeed Mark Ivin as CFO on December 1, 2021.Carel Hooijkaas, CEO of Magseis Fairfield said: 'Over the last two years…

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