Noble Energy has made a new discovery in Block 1 offshore Equatorial Guinea, with the U.S. company expecting to produce new oil by tapping into existing infrastructure by October, the oil minister said on Tuesday.'We are excited to announce this discovery…
Norway-based offshore services company and provider of drilling technology products Neodrill announced it is bringing its Conductor Anchor Node (CAN) technology to the US and Mexico.To support this effort, the company has hired Tony Smith in…
Swire Seabed said it has completed a second offshore pipeline campaign for Equinor in the North Sea. The campaign, undertaken in July 2019, is the first fully unmanned offshore pipeline inspection ‘over the horizon’ ever completed, surveying up to 100 kilometers from the shore…
The second class of global start-up companies selected to participate in the Techstars Energy Accelerator, Norwegian energy company Equinor announced on Tuesday.The 10 start-ups within oil and gas, renewables, new business models and digitalization…
UAE-based offshore geophysical company Polarcus said it has been awarded a contract to carry out an XArray marine seismic acquisition project in Southeast Asia.The project will commence in the fourth quarter of 2019 with an approximate duration of 40 days.
Paris-headquartered geosciences company CGG said it has commenced a new, large, long-offset BroadSeis survey located in the Campos and Santos Basins, offshore Brazil.The Nebula 3D survey is supported by industry funding.With an initial focus on Brazil’s 15th License Round blocks…
Operator Tullow started drilling a fresh exploration well in Guyana's offshore Orinduik block, partner Eco Atlantic announced on Tuesday.Joe-1 was spud August 25 using the Stena Forth drillship, which previously drilled the recently announced Jethro discovery…
The global market for mobile offshore drilling units (MODU) is expected to expand at a CAGR of almost 9% during 2019-2023, according to a recent report.The report by ResearchAndMarkets predicts exploration and production (E&P) operations will…
UK-based oil field equipment suppliers, Cable Solutions Worldwide has manufactured in excess of 50km of bespoke subsea cable of various configurations and sizes for a variety of clients throughout the world during the last quarter.The oil and gas…
UK exploration & production company Premier Oil has chartered a Vroon Offshore supply vessel to support its offshore drilling operations in the UK Sector of the North Sea.According to the Dutch shipping company, Premier Oil has hired its supply…
Access to and use of additive manufacturing (AM), also known as 3D printing, has increased in recent years due to the expiring of patents on techniques and technologies, says Hugues Greder, Lead Petroleum Engineer at Total.Computing power is…
Finance — or at least project economics based on long-term commodity prices — appear to be factors limiting a surge in investments in floating liquefied natural gas (FLNG) a new study by U.S.-based numbers cruncher, World Energy Reports, revealed Monday…
The decommissioning of 21 old oil rigs in the Campos Basin, Rio de Janeiro state, will cost around 50 billion reais ($12 billion) over the next five years, a state official said.All 21 old rigs that will be decommissioned are operated by state-controlled oil company Petroleo Brasileiro SA…
In June, independent global completions service company Tendeka announced it had secured the world’s largest sand and inflow control contract for the Troll field on the Norwegian continental shelf (NCS).The four-year contract with Equinor will…
Franco-American oil services firm TechnipFMC Plc said on Monday it would spin off its engineering and construction operations into a separate company, leaving it as a technology-focused equipment supplier to oil and gas companies.TechnipFMC…
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