Latest News - page 1232

 

Lundin's Polmak Well in Barents Sea Comes Up Dry

Nov 17, 2020

Lundin Energy has failed to find hydrocarbons at its Polmak exploration well in the Barents Sea, offshore Norway. The Sweden-based firm said Monday it had completed exploration well 7221/4-1, targeting the Polmak prospect in licenses PL609 and PL1027…

Vietnam Starts Gas Production from Sao Vang-Dai Nguyet Offshore Field

Nov 17, 2020

Vietnam has started pumping the first gas from the Sao Vang-Dai Nguyet field off the country's southern coast, PetroVietnam Gas Corp said on Tuesday.Gas output from the field, estimated at 1.5 billion cubic metres a year and equivalent to 15% of Vietnam's total gas output in 2019…

OTC 2021 Postponed

Nov 16, 2020

One of the world's largest conferences and exhibitions dedicated to the offshore energy industry will be postponed next year due to the ongoing COVID-19 pandemic.The Offshore Technology Conference, which attracts tens of thousands of visitors to Houston annually…

Petrobras Selling 50% Stake in Marlim Cluster Offshore Brazil

Nov 16, 2020

Brazilian oil and gas company Petrobras has launched an opportunity disclosure stage (teaser) for the sale of 50% of its stakes in the offshore oil fields - known as the Marlim Cluster - in the Campos Basin, offshore Brazil.Petrobras is looking to sell stakes in the deepwater concessions of Marlim…

UK: SSE, Scottish Power, National Grid to Develop 4GW Subsea Power Link

Nov 16, 2020

British utilities SSE, Iberdrola-owned Scottish Power and grid operator National Grid will develop a 4 gigawatt (GW) power link between Scotland and England, they said on Monday.The multi-billion pound project, called the Eastern Link, will…

Atlantic Endeavor Crew Transfer Vessel Almost Ready for Launch

Nov 16, 2020

U.S. offshore wind crew transfer firm Atlantic Wind Transfers said Sunday that the Atlantic Endeavor crew transfer vessel rolled out on the lift dock at Blount Boats over the weekend to get ready for the launch.This new Chartwell Marine crew…

Topside Integration Works Kick Off on Liza Unity FPSO in Singapore

Nov 16, 2020

SBM Offshore, a Dutch FPSO specialist, has informed that the topside integration phase has kicked off in Singapore on the Liza Unity FPSO. Once completed the FPSO will be deployed at ExxonMobil's Stabroek offshore block in Guyana, and will be Guyana's second FPSO in production…

Rystad: Oil and Gas Exploration Activity in 2020 'Resilient' Despite Covid-19

Nov 16, 2020

Norwegian energy intelligence group Rystad Energy has said that oil and gas exploration activity in 2020 has been resilient, despite concerns that Covid-19 could drive down discovered volumes to their lowest levels in decades.'Found resources…

OPEC+ Starts Talks to Weigh Further Steps to Support Oil Market

Nov 16, 2020

The Organization of Petroleum Exporting Countries and allies started meetings on Monday that will look at further action to support the oil market in 2021, as the second wave of coronavirus weighs on demand and prices.OPEC and allies led by Russia…

Aker Solutions Launches Call to Action to Speed Up Energy Transition

Nov 16, 2020

Norwegian offshore energy services firm Aker Solutions, which last week merged with Kvaerner, on Monday launched a campaign aimed at speeding up 'the transition to sustainable energy production.'The company, which has 15,000 employees around the world…

Sapura Energy Wins E&C and Drilling Deals Worth $148,4M

Nov 16, 2020

Malaysia's Sapura Energy has, via its engineering & construction and drilling subsidiaries, recently won contracts worth RM611 million (around 148,4 million).Sapura Energy Berhad (“Sapura Energy' or the “Company”) is pleased to announce that…

Expro Bags 5-Year Well Intervention Contract with Chevron in Australia

Nov 16, 2020

Oilfield services company Expro has said it has secured 'a major contract' for its subsea riserless well intervention (RWI) solution with Chevron in Australia.Under the five-year contract of an undisclosed value, Expro's Australian subsidiary…

Fugro, NYK to Provide Geotechnical Services for Offshore Wind Sector in Japan

Nov 16, 2020

Dutch-based Fugro and Japan's NYK Group have signed a memorandum of understanding to provide offshore geotechnical services in Japan.The two companies will also collaborate on a feasibility study into jointly operating a specialist investigation vessel for renewables projects…

Equinor Promotes More Female Executives in Management Overhaul

Nov 16, 2020

Norwegian oil major Equinor is promoting more women to its top leadership team, including the head of a new digital technology division, while cutting the group's overall number of senior executives, it said on Monday.It is the first corporate reshuffle by Chief Executive Anders Opedal…

Shell Extends Maersk Drillship Contract in Brunei

Nov 16, 2020

Less than a week after it was announced that Shell would hire the Maersk Viking drillship for one well off Brunei, the oil company has now decided to exercise the extension option to add one more exploration well to the work scope.The contract extension has an estimated duration of 35 days…

Current News

Serica Boosts North Sea Portfolio with Spirit Energy Assets Purchase

Serica Boosts North Sea Portfo

Petrobras Keeps Oil Output Steady Amid Strikes on Platforms and Refineries

Petrobras Keeps Oil Output Ste

TotalEnergies Sells Stake in Malaysia’s Block to Thailand’s PTTEP

TotalEnergies Sells Stake in M

Seadrill Awarded Contract in the U.S. Gulf and Angola

Seadrill Awarded Contract in t

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine