Latest News - page 1543

 

UK O&G Addressing Climate Concerns

Jun 04, 2019

The role of the UK’s offshore oil and gas industry in enabling the country’s transition to a lower carbon future was underlined at an industry conference in Aberdeen on Tuesday.More than 400 delegates from across the sector attended OGUK’s Industry…

Eni Scoops Two Blocks Offshore Ivory Coast

Jun 04, 2019

Italian supermajor Eni announced Tuesday it has signed contracts for a pair of new exploration blocks in the eastern part of the sedimentary basin offshore Ivory Coast. The two blocks were among 20 available at the end of 2018.The two blocks…

Murphy Completes Acquisition of LLOG GoM Assets

Jun 04, 2019

US-based Murphy Oil Corporation announced that its has completed its $1.227 billion acquisition of deepwater Gulf of Mexico assets from compatriot oil and gas company LLOG.Murphy Oil President and CEO, Roger W. Jenkins, said, “We are excited…

Shell Eyes Dividend Boost After 2020

Jun 04, 2019

Royal Dutch Shell on Tuesday said it expects to increase its dividend payouts to shareholders once it completes a $25 billion share buyback by the end of 2020.The world's second largest oil and gas company also expects its free cash flow - cash…

US FTC Approves Oxy's Bid for Anadarko

Jun 04, 2019

Oil and gas producer Occidental Petroleum Corp said on Tuesday the U.S. Federal Trade Commission has granted approval for its proposed $38 billion deal to buy Anadarko Petroleum Corp.The waiting period required for companies under the Hart-Scott…

Stena Drillship Gains Cyber Secure Notation

Jun 04, 2019

Classification society DNV GL reports it has signed a contract for the first Cyber Secure class notation with Stena Drilling. The contract covers the application of the “Basic+” notation to the drillship Stena IceMAX and includes the vessel’s dynamic positioning…

Capricorn to Drill Lynghaug Prospect

Jun 04, 2019

Norway's Petroleum Safety Authority has given the green light to Cairn subsidiary Capricorn Norge to drill a well in block 6508/1 in the Norwegian Sea.The consent applies to the drilling of exploration well 6508/1-3 in a prospect named Lynghaug…

UK Awards 37 Offshore Licence Areas

Jun 04, 2019

Thirty companies have acquired acreage in the UK 31st Offshore Licensing Round, the country’s Oil and Gas Authority (OGA) announced on Tuesday.In all, 37 licence areas were awarded over 141 blocks or part-blocks to a broad spectrum of companies…

IKM Testing Wins Aker BP Contract

Jun 04, 2019

Oil company Aker BP has awarded Norwegian testing, cleaning and inspection service provider IKM Testing a frame agreement that includes most of IKM Testing’s core services. The duration of the frame agreement is six years plus an option period…

Norwegian Oil Strike Averted

Jun 04, 2019

Norwegian oil workers struck a wage deal with employers on Tuesday, averting the outbreak of a strike that would have cut production by 440,000 barrels of oil equivalents per day (boed), the Norwegian Oil and Gas Association (NOG) announced…

Aker BP Comes Up Dry at Freke-Garm

Jun 04, 2019

Oil firm Aker BP has come up dry in the Freke-Garm exploration well in the North Sea, the Norwegian Petroleum Directorate said on Tuesday.The wildcat well 15/6-15 was drilled by the Deepsea Stavanger drilling facility, about 15 kilometers northeast…

Culzean Startup Expected Within Days

Jun 04, 2019

French energy group Total will start up the Culzean field in the British North Sea within days, the group's UK Exploration and Production Chief Jean-Luc Guiziou said on Tuesday, shortening the timeline for the project.Culzean, part of Total's acquisition of Maersk's oil and gas portfolio…

2H Offshore Opens Paris Office

Jun 04, 2019

2H Offshore, a riser and conductor specialist in subsea services group Acteon, announced it has opened a new regional office in Paris, France, to provide a direct and higher-quality service to operators and contractors based in and around Paris and to other clients throughout Continental Europe…

Equinor Plans Rosebank FID by 2022

Jun 04, 2019

Equinor and its partners expect to reach a final investment decision (FID) for Rosebank, one of the largest undeveloped oil and gas fields on the UK continental shelf, by May 2022, the Norwegian major said on Tuesday.The Rosebank field was discovered…

Ziton Charters New O&M Vessel

Jun 04, 2019

Danish company Ziton has added Vroon jack-up MPI Enterprise to its fleet under a bareboat charter agreement.The vessel has been chartered on a bareboat agreement with Vroon as of 28 May 2019 until 31 March 2021. Ziton will then have the option to acquire the vessel…

Current News

ESAB Fast-Tracks Welding Efficiency, Effectiveness

ESAB Fast-Tracks Welding Effic

Seequent Receives Award at Global Offshore Wind 2025, Hosts Upcoming Webinar

Seequent Receives Award at Glo

Libya Blocks Greek Tender for Hydrocarbon Exploration Off Crete

Libya Blocks Greek Tender for

Russia Looks to Myanmar Offshore Oil and Gas Prospects

Russia Looks to Myanmar Offsho

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine