Latest News - page 1274

 

White Rose to Resume Full Production

Aug 16, 2019

Canada's Husky Energy said on Friday it will resume full production at its White Rose field off the coast of Newfoundland & Labrador, which was shut down last year after an oil spill in November 2018.White Rose production will ramp up to reach full rates of approximately 20…

Hunting Acquires RTI Energy Systems

Aug 16, 2019

London-headquartered energy services group Hunting said it has acquired the business and assets of US-based riser technologies manufacturer RTI Energy Systems (RTIES) for a total cash consideration of $12.5 million, funded from existing cash resources…

PGNiG to Drill Shrek Wildcat

Aug 16, 2019

The Norwegian subsidiary of Polish state-controlled energy company PGNiG has received a permit to drill a wildcat well in the Shrek prospect, the Norwegian Petroleum Directorate (NPD) announced on Friday.Well 6507/5-9 S will be the first drilled in production licence 838 in the Norwegian Sea…

ExxonMobil Planning Exit from UK North Sea

Aug 16, 2019

ExxonMobil is considering a sale of its assets in the British North Sea after more than 50 years in the oil and gas basin as it focuses on U.S. shale production and new projects.The world’s largest publicly traded energy company has held talks…

Safe Boreas Extended at Mariner

Aug 16, 2019

Equinor has exercised the fourth of six available one-month options to extend Prosafe's accommodation vessel Safe Boreas at the Mariner project in the UK sector of the North Sea to accommodate personnel working on Mariner in the hook up and early production phase through October 2019…

Kosmos Hires Maersk Voyager

Aug 16, 2019

Maersk Drilling said its drillship Maersk Voyager has been hired by Kosmos Energy to drill the S-5 exploration well offshore Equatorial Guinea.The contract has been novated to Kosmos from Noble Energy after a one-well option was exercised on the rig’s current contract…

Suriname Seeking Funds for Offshore Exploration

Aug 16, 2019

Suriname's state-owned oil company is planning a bond sale next year to finance offshore oil exploration, its chief executive said on Thursday, as it seeks to capitalize on growing hype over neighboring Guyana's looming oil boom.The company…

Norway's July Oil Output Beats Forecast

Aug 16, 2019

Norway's oil production fell 5.2% year-on-year in July to 1.447 million barrels per day, exceeding the official forecast for the month by 2%, Norway's Petroleum Directorate (NPD) said on Friday.Including condensate and natural gas liquids (NGL)…

Prolonging Wellhead Fatigue Life

Aug 16, 2019

When oil and gas operators need to carry out workovers or plug and abandon a deepwater well, a primary concern is how much fatigue life remains in the wellhead.Wells from two decades ago were drilled and completed with rigs that may have been decommissioned…

Woodside Begins Greater Enfield Project

Aug 16, 2019

Australian energy giant Woodside has announced in a press release that it will produce first oil from its Greater Enfield project located offshore Australia this month.'We expect first oil from the Greater Enfield reservoirs in August 2019. The delivery of the Greater Enfield Project…

World's Longest Wind Turbine Blade Reached UK

Aug 16, 2019

The world’s longest offshore wind turbine blade has arrived in Northumberland, UK to be tested at the Offshore Renewable Energy Catapult site.The 107-metre blade will be used on the most powerful wind turbine in commercial development – the 12MW Haliade-X from GE Renewable Energy…

AMSC Bags Wind Turbine ECS Order from AMSC

Aug 16, 2019

The US-based energy solutions provider AMSC announced it has received a $9 million order for its 5.5 MW wind turbine electrical control systems from the Korean power company Doosan Heavy Industries & Construction (DHIC)AMSC signed an agreement…

MODEC Raises $1bln Bond for FPSO Project

Aug 16, 2019

Japanese FPSO provider MODEC has decided to issue project bonds to international investors to refinance a floating production, storage and offloading  (FPSO) vessel chartered to the TUPI consortium.TUPI consortium is led by Petrobras with the…

Seadrill in JV with Gulf Drilling

Aug 15, 2019

Offshore drilling contractors Seadrill and Gulf Drilling International (GDI) have entered into a 50/50 joint venture, GulfDrill, which will initially manage and operate five premium jackups in Qatar with Qatar Petroleum commencing throughout 2020…

New Autonomous Vehicle for Offshore Wind Surveys

Aug 15, 2019

A new autonomous sailing platform aims make the collection of offshore wind energy data easier, faster, cleaner and more cost efficient.The 16-foot wind- and solar-powered Datamaran, launched recently by Norwegian energy company Equinor and US technology firm Autonomous Marine Systems Inc…

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