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Profiles in Training: Ken Chapman Senior Instructor, Maersk Training

Apr 27, 2021

Ken Chapman has led as deep and as broad of a maritime and offshore life as possible, an accrued experience and knowledge including being part of the team that had to coordinated during one of the offshore oil and gas industry’s worst disasters ever: the Piper Alpha…

Archer to Acquire DeepWell

Apr 26, 2021

Oilfield services firm Archer said it has signed an offer letter with Moreld laying out principle terms to purchase 100% of the shares in DeepWell, a Norwegian well intervention company focused on mechanical wireline and cased hole logging services…

EnQuest to Buy Whalsay's Bentley Discovery

Apr 26, 2021

British North Sea-focused oil producer EnQuest said it has signed a share purchase agreement (SPA) to purchase Whalsay Energy's 100% equity interest in the P1078 license containing one of the largest undeveloped oil fields in the U.K. North Sea…

Galp's First-quarter Profit Falls 13%

Apr 26, 2021

Portugal's Galp Energia on Monday reported a 13% slump in adjusted first-quarter net profit, hit by a decline in oil production owing to constraints caused by the COVID-19 pandemic and slower refining activity. Galp suspended output at its largest refinery in Sines and its smallest…

Mubadala in Talks to Buy $1.1 Billion Stake in Israeli Gas Field

Apr 26, 2021

Delek Drilling said on Monday it has signed a non-binding deal to sell its stake in the east Mediterranean natural gas field Tamar to Abu Dhabi's Mubadala Petroleum for $1.1 billion.The deal, if finalized, would be among the most significant…

Indonesia's First-quarter Oil, Gas Liftings Miss Targets

Apr 26, 2021

Indonesia's first-quarter crude oil and natural gas liftings missed their targets because of technical issues at wells and postponements at a liquefied natural gas (LNG) project, data from upstream oil and gas regulator SKK Migas showed on Monday…

VIKING Introduces Turbine Evacuation Kit

Apr 26, 2021

Quickly growing turbine numbers, installed in deeper waters offshore and farther out to sea are needed to serve accelerating demand for wind energy, but safety issues for such structures go beyond the feats of civil engineering making them possible…

Huisman Unveils Jones Act Offshore Wind Feeder Solution

Apr 26, 2021

The Netherlands-based crane and heavy machinery manufacturer Huisman has introduced a motion compensated platform engineered for the transfer of wind turbine components from a feeder vessel offshore.The platform, which actively counterbalances…

DECOM: Ardyne, Dynasty Energy Services Team on P&A Efficiencies

Apr 26, 2021

Ardyne, the Aberdeen and Norway-based fishing, milling and casing recovery provider, has announced a strategic partnership with Dynasty Energy Services, a company in specialized fishing services and plug and abandonment (P&A), to deliver enhanced P&A services globally…

ASCO Trinidad Scores Total Contract Win

Apr 26, 2021

ASCO won an integrated logistics management contract from Total E&P Suriname BV (Total).The contract, which came into effect on December 31, 2020, will be delivered from ASCO Trinidad’s Chaguaramas bases.The work scope, which will support Total’s…

Total Declares Force Majeure on $20B Mozambique LNG Project After Attacks

Apr 26, 2021

French energy group Total declared force majeure on its $20 billion liquefied natural gas (LNG) project in Mozambique and confirmed it had withdrawn all staff from the construction site following insurgent attacks last month.Dozens of civilians…

Surge of Coronavirus in India Dents Bullish Crude Case

Apr 26, 2021

The problem for crude oil market bulls is that every time they think they have built up steam, something comes along to knock the momentum off track.The coronavirus surge in India and the imposition of states of emergency in populated parts of Japan…

When is a Cargo of Oil Certified "Carbon Neutral"? Ask Lundin Energy

Apr 26, 2021

Sweden's Lundin Energy has sold to Italian refiner Saras what it said is the world's first oil cargo certified as carbon neutral at the point of production, the two companies said on Monday.Oil companies are increasingly trying to market their…

Updated Damage Analyses, COVID-restriction Push Hammerfest LNG Restart to March 2022

Apr 26, 2021

After a thorough analyses and mapping of damages, Equinor changed the schedule for repair and start-up of the LNG plant on Melkøya after the fire on September 28, 2020. Due to the comprehensive scope of work and Covid-19 restrictions, the revised estimated start-up date is set to March 31…

Rune Mode Ramberg: A Leading Light Subsea

Apr 25, 2021

There are not many of the leading edge subsea processing projects Rune Mode Ramberg has not been involved in at some level. The list includes Tyrihans subsea pumping, Tordis subsea separation, studies on the Ormen Lange subsea compression project…

Current News

SLB Acquires Well Intervention Software Specialist

SLB Acquires Well Intervention

DOF Scoops Over $220M for AHTS Vessel Contracts with Petrobras

DOF Scoops Over $220M for AHTS

Record Production Boosts Chevron’s Second Quarter Earnings

Record Production Boosts Chevr

ExxonMobil’s Profit Shoots Above Expectations

ExxonMobil’s Profit Shoots Abo

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