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Saudi Energy Minister: We Should Look at All Options to Cut Emissions, Not Get Rid of Oil, Gas

Oct 26, 2020

Saudi Arabia's energy minister said on Monday the world should be looking at all options to mitigate emissions of greenhouse gases in its fight against climate change, but that getting rid of oil and gas would be 'far-fetched and unrealistic'…

Singapore: Keppel O&M, EMA Award Grant for Floating Energy Storage System Pilot

Oct 26, 2020

Singapore's Energy Market Authority (EMA) and Keppel Offshore & Marine have jointly awarded a research grant to pilot Singapore’s first floating Energy Storage System (ESS). This project was awarded to a consortium led by Envision Digital International Pte Ltd (Envision Digital)…

PHOTO: Heerema Installs P11-Unity Platform

Oct 26, 2020

Dutch offshore installation services firm Heerema Marine Contractors has installed one of the world's smallest offshore gas platforms using its Sleipnir semi-submersible crane vessel - which is the world's largest -  in the Dutch sector of the North Sea…

Chevron Bets on Middle East Gas Riches and Reconciliation

Oct 26, 2020

After years of focusing on U.S. shale, Chevron Corp is staking its natural gas future on the Middle East, a volatile and divided region where energy majors have long tread warily.CEO Michael Wirth's pivot away from home is underpinned by a bet…

Egypt: BP Brings Online Qattameya Offshore Gas Field

Oct 26, 2020

Oil and gas major BP has started gas production from its Qattameya gas field in the East Nile Delta offshore Egypt.The field, discovered in 2017 and located in the North Damietta offshore concession, is ‎expected to produce up to 50 million cubic feet of gas per day…

PGS, TGS and WesternGeco Score Multi-year Seismic Deal with Petronas

Oct 26, 2020

Malaysian oil company Petronas has awarded a multi-year offshore seismic data acquisition and processing contract to a consortium comprising TGS, PGS, and WesternGeco.The multi-year contract is for the acquisition and processing of up to 105…

Fire-hit Hammerfest LNG Will be Shut for Up to a Year, Equinor Says

Oct 26, 2020

Norwegian oil company Equinor said Monday that its LNG plant, damaged in a fire on September 28, would be closed for up to a year for repairs.To remind, Equinor earlier this month said it expected to resume operations at the plant that processes…

BP Leads New UK North Sea CCS Consortium

Oct 26, 2020

Oil major BP said Monday it had, together with Eni, Equinor, Shell, Total, and National Grid, formed a partnership to develop offshore carbon dioxide ‎‎(CO2) transport and storage infrastructure in the UK North Sea.'This ‎infrastructure will…

Gulf of Mexico: BP Evacuates Offshore Workers Ahead of Storm

Oct 26, 2020

BP on Sunday said it has begun to evacuate four offshore U.S. Gulf of Mexico oil platforms and secure facilities as Tropical Storm Zeta sprang up in the Caribbean Sea.The 27th named storm of this year's Atlantic Hurricane season, Zeta strengthened…

Canada: Cenovus Energy to Buy Rival Husky Energy in $2.9B Deal

Oct 25, 2020

Cenovus Energy Inc has agreed to buy rival Husky Energy Inc in an all-stock deal valued at C$3.8 billion ($2.9 billion) to create Canada's No. 3 oil and gas producer, as a pandemic-driven collapse in demand forces the industry to consolidate…

Offshore Equipment Hydraulic Maintenance Tip-of-the-Day: Oil Temperature

Oct 23, 2020

Tip #4: Oil Temperature - Assume that 'running hot' is normalDuring warm summer months, with reasonable certainty, high machine temperatures will follow. This is especially true if using air oil heat exchangers. Dismissing this expectation may allow operators to prevent down time…

Digitizing Risk-based Integrity Management of FPSOs

Oct 23, 2020

Industries are adapting to an increasingly digitalized landscape. The floating production, storage and offloading (FPSO) industry is no different. As concerted efforts are made to improve project economics Matt Tremblay, ABS Senior Vice President…

Pacific Drilling Can't Appeal Samsung Drillship Case Ruling

Oct 23, 2020

Offshore drilling contractor Pacific Drilling can't appeal the ruling under which it was in January ordered to pay $320 million to Samsung Heavy Industry for a 2015 drillship order cancellation.Pacific Drilling had placed the order for the Pacific…

Five Easy Ways to Ruin Your Offshore Equipment: Lessons Learned in Hydraulic Maintenance

Oct 23, 2020

Jaime Sabogal, National Market Segment Manager, Oil and Gas – Hägglunds Products - Bosch Rexroth Corp, discusses lessons learned in hydraulic maintenance.Learn more about the importance of offshore equipment hydraulic maintenance during a free…

Equinor Gets Clearance to Drill Barents Sea Wildcat

Oct 23, 2020

Norwegian energy giant Equinor has received approval to drill a wildcat well in the production license 960, in the Barents Sea, off Norway.Equinor will use Seadrill's 2008-built West Hercules semi-submersible drilling rig to drill the offshore well 7018/5-1 at the Spissa prospect…

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