Norway's Petroleum Safety Authority has given its approval for the tie-in of Wintershall Dea's Dvalin gas field to Equinor's Heidrun host platform in the Norwegian Sea.The development solution/concept for Dvalin is to connect the well stream to Heidrun TLP for processing…
Tracerco, part of Johnson Matthey Plc, has been awarded a deep-water subsea inspection project to assess the integrity of a new pipeline in the Gulf of Mexico (GoM).Tracerco said that the operator, which it didn't name, will deploy Tracerco’s Subsea CT Scanner 'DiscoveryTM…
Norwegian oil firm Aker BP, 30% owned by BP, said it had reduced staffing offshore to prevent a spread of coronavirus, but aims to maintain its output plans for 2020.The company has not register any coronavirus cases among its employees, but…
Japan's largest power company TEPCO, and Danish offshore wind farm developer Ørsted, have set up a joint venture company.The JV company, named Choshi Offshore Wind Farm K.K., has been formed with the intention of working towards a joint bid in the Choshi-city offshore wind promotion area…
Offshore well integrity company Unity has signed a contract to maintain wellhead equipment across Spirit Energy's twelve offshore platforms.The platforms are located in the East Irish Sea, Southern North Sea and the Dutch sector of the North Sea…
Oil prices fell for the third session on Wednesday with U.S. crude futures tumbling to a 17-year low as travel and social lockdowns sparked by the coronavirus epidemic knocked the outlook for demand.U.S. crude was down $1.49 cents, or 5.53%…
More than 200 oilfield services companies might be forced to declare bankruptcy - most of them in Norway and the UK - due to the effects of the Covid-19 pandemic and its effect on oil prices.This is according to Norway-based energy intelligence firm Rystad Energy…
The Trump administration on Wednesday will hold a major sale of oil and gas leases in federal waters, testing drillers' appetite for investment amid a steep slide in oil prices that has cast doubt over energy projects around the globe. The more than 78 million-acre (31…
Oil and gas company BW Energy, with assets in Gabon and Brazil, has decided to cut down its planned Gabon investments by 50 percent, citing coronavirus outbreak, oil price uncertainty, and restriction on international travel.'The impact of international…
Offshore installation company DEME has installed the second offshore substation at the SeaMade offshore wind farm in Belgium.In a social media post on Wednesday, Deme said: 'The two substations for the SeaMade offshore wind farm have been successfully…
FPSO leasing specialist BW Offshore has signed a five-year contract for the lease and operation of the BW Pioneer FPSO on the Cascade and Chinook fields in the U.S. Gulf of Mexico.The contract was signed with MP Gulf of Mexico, am 80/20 partnership with Murphy Oil and Petrobras…
The recent collapse in oil prices could chop $300 million to $600 million off 2020 exploration budgets in Brazil, which has emerged as one of the world's hottest offshore oil plays, specialists at consultancy Wood Mackenzie told Reuters.Before…
MOL Norge, a subsidiary of Hungary's MOL, has discovered oil and gas in its production license 820s, at Evra and Iving prospect in the North Sea, offshore Norway.The company said Wednesday it was in the process of completing the drilling of exploration well 25/8-19 S and sidetrack 25/8-19 A…
Subsea marine robotics company Stinger Technology has won a subsea drone research and development contract with oil firm Neptune Energy.Under the contract, Stinger Technology will work on the development, qualification and field trials of autonomous inspection/ intervention subsea drones…
Danish offshore drilling company Maersk Drilling has informed that a third-party worker aboard its offshore drilling rig at Total's Culzean field in the UK North Sea is exhibiting symptoms that may point to the COVID-19 coronavirus infection…
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