Latest News - page 1622

 

Centrica Extends Stork Contract

Aug 12, 2019

Fluor Corporation announced that Stork, part of Fluor’s Diversified Services segment, was awarded a contract extension by Centrica Storage Limited to continue providing fabric maintenance and associated services for the company’s UK onshore and offshore oil and gas assets…

Tullow Shares Soar on Guyana Find

Aug 12, 2019

Tullow Oil PLC said on Monday it has made a large oil discovery in Guyana, sending its share price soaring on expectations that it will develop a productive field in the South American country's nascent oil industry.Shares London-based Tullow…

Petrobras Sells Stakes in Brazil Oilfields

Aug 12, 2019

Brazil's state-controlled oil company Petrobras sold stakes in a set of oilfields known as Polo Macau, located in the country's Potiguar Basin, to SPE 3R Petroleum for $191.1 million, the company said on Friday.Petrobras, or Petróleo Brasileiro SA…

14 Template Installations in One Month

Aug 12, 2019

In one month – from June 11 to July 13 – 14 templates delivered by Aker Solutions and TechnipFMC were installed by vessels Edda Freya and Normand Vision on behalf of Equinor at four fields on the Norwegian continental shelf. The templates are all built according to the same…

Petrolia NOCO Names Høie Managing Director

Aug 12, 2019

Norwegian E&P company Petrolia NOCO AS has appointed Linn Katrine Høie as its new managing director.Høie comes to Petrolia NOCO with broad experience from the energy sector, most recently working with digitization of field development in Aker BP…

Production Drilling Begins at Dvalin

Aug 12, 2019

Wintershall Dea said the drilling of four production wells has begun on the Dvalin gas field in the Norwegian Sea ahead of first production planned in 2020.Drilling from the Transocean Arctic rig is expected to last approximately one year and…

Helang FPSO Process System Delivered

Aug 12, 2019

Oilfield equipment and services company NOV said it has completed the first full topside process systems delivery for Helang FPSO redeployment.NOV's Process and Flow Technologies business unit was contracted by Yinson to design and deliver the full topside process system for FPSO Helang…

Tullow Makes Major Oil Discovery in Guyana

Aug 12, 2019

Tullow Oil has made a major oil discovery in the deepwater Orinduik block offshore Guyana, raising expectations that the London-based independent will move to develop a field in the closely watched, oil-rich South American country.The discovery…

ABB Names Rosengren as CEO

Aug 12, 2019

Björn Rosengren has been appointed as the new chief executive officer of ABB, the Swiss engineering and technology company announced on Sunday.Rosengren, a Swedish citizen, will join ABB on February 1, 2020 and succeed CEO, Peter Voser, in this role on March 1…

COOEC, Expro Team up for RLWI

Aug 12, 2019

Two providers of subsea and well intervention solutions, China based offshore and subsea solutions company COOEC Offshore and oilfield services company Expro, have formed an alliance agreement to expand capabilities and resources.COOEC Offshore…

“See” Ahead of the Bit

Aug 12, 2019

Even with the best seismic data and reservoir modeling available, drillers have remained in the dark about what’s in front of the drill bit. A new sensing tool has been designed to “see” ahead of the bit and can transmit data in real time to shift drilling operations from reactive to proactive…

NYPA Study on EU Offshore Wind Models

Aug 12, 2019

The New York Power Authority (NYPA) has released a report focused on learning from the European offshore wind sector.European offshore wind transmission models as a guide will help New York head towards its 9GW by 2035 goal.European nations have together installed nearly 16…

Sojitz Joins Taiwan’s Largest OWF Project

Aug 12, 2019

Japanese business house Sojitz Corporation has signed a share purchase agreement with German wind farm developer wpd regarding Yunlin Holding GmbH, which will see Sojitz participate in the construction and operation of an offshore wind farm in Taiwan…

Huadian Wins OWF Contract

Aug 12, 2019

China-based engineering solutions giant Huadian Heavy Industries (HHI) has secured a deal as the turnkey contractor at Binhai Smart Wind Power’s 300MW Binhai South offshore wind farm in China.HHI will act as the project's main contractor in the 1…

First Major U.S. OWF Delayed

Aug 12, 2019

Massachusetts’ first offshore wind project has been delayed indefinitely by the federal government.The $2.8 billion Vineyard Wind project off Massachusetts had planned to break ground on the project by the end of this year, but progress has been halted pending a final environmental review by the U…

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