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Saipem Suffers Cyber Attack

Dec 10, 2018

Italian oil services company Saipem said it had identified a cyber attack out of India on Monday that had primarily affected its servers in the Middle East.'We are collecting all the elements useful for assessing the impact on our infrastructures…

Modus Completes Vashishta Trenching

Dec 10, 2018

Modus Seabed Intervention Limited said it has trenched to specification the ONGC Vashishta pipelines and umbilical offshore India for McDermott International.The work scope included the trenching and surveying of two 18-kilometer pipelines with outside diameters of up to 579 millimeters…

Neptune Completes VNG Norge Integration

Dec 10, 2018

Neptune Energy announced Monday it has completed the integration with the former VNG Norge business. The integrated business, Neptune Energy Norge, will be among the top five independent producers on the Norwegian Continental Shelf by equity…

Eni Makes New Oil Find Offshore Angola

Dec 10, 2018

Italy's Eni said it ha struck a new oil discovery in the Afoxé exploration prospect located in Block 15/06, offshore Angola.The discovery, estimated to contain between 170 and 200 million barrels of light oil in place, was made in the Afoxé-1 NFW well located in the southeast area of Block 15/06…

Hess, Conoco Raise 2019 Production Outlook

Dec 10, 2018

Oil and gas producer Hess Corp and Conocophillips both expect production for 2019 to be higher than this year even as they spend roughly the same amount of money on exploration, the companies said on Monday.Investors have been urging U.S. oil…

Eni Starts Production at Vandumbu Field

Dec 10, 2018

Italy's Eni said it has started production from the Vandumbu field in Block 15/06 through West Hub N’Goma floating production, storage and offloading unit (FPSO).Block 15/06 is located approximately 350 kilometers northwest of Luanda and 130 kilometers west of Soyo…

Malaysia Agrees to Extend Oil Output Cut

Dec 10, 2018

Malaysia will extend its oil production cuts by another six months after the agreement between OPEC and other oil producers to reduce global supply ends this year.OPEC and non-OPEC producers agreed at a meeting in Vienna on Friday to a new level of production cuts from January to June 2019…

UKCS Still Worth Investment Despite Brexit -Equinor

Dec 10, 2018

Norwegian oil and gas firm Equinor will remain committed to the mature British continental shelf regardless of the country's plans to leave the European Union, a senior executive told Reuters.British Prime Minister Theresa May abruptly decided…

Crude Oil Spill Near Port Sulphur, La.

Dec 10, 2018

The U.S. Coast Guard said on Sunday it is responding to a crude oil discharge in Rattle Snake Bayou, southwest of Port Sulphur, La.Coast Guard watchstanders in New Orleans received a report from the National Response Center that the well was reported to be leaking…

Rovco Awarded Funding for 3D Visualization Project

Dec 10, 2018

Remotely operated underwater vehicle (ROV) and hydrographic survey company Rovco predicts its integrated technology that utilizes advanced 3D computer vision and artificial intelligence (AI) systems with ROV platforms could transform the way…

Shell to Go Ahead with Shearwater Gas Expansion

Dec 10, 2018

Royal Dutch Shell said on Monday it would expand the Shearwater gas hub in the British North Sea, its seventh project to get the green light in the ageing basin this year.The project, a joint venture with Exxon Mobil and BP, will include a modification…

Egypt Okays BP, Mubadala Acquisition of Stake in Eni's Noor Concession

Dec 10, 2018

Egypt’s petroleum ministry has signed an agreement for UK Petroleum giant British Petroleum (BP) and UAE investment fund Mubadala to buy a 45 percent stake in the country's Noor offshore natural gas concesion in the Mediterannean from Italy’s Eni…

Tepco Launches First Commercial Offshore Wind Farm

Dec 10, 2018

Japan's largest power company group Tokyo Electric Power Company (Tepco) announced  that the company’s first commercial offshore wind power facility will launch on January 1, 2019.According to a press release from the utility giant, since 2013…

Tower Resources Hires Vantage Drilling for Cameroon Well

Dec 09, 2018

UK-based Tower Resources has announced it has contracted US offshore driller Vantage Drilling International to provide drilling operations at the NJOM-3 well offshore Cameroon. The well is located in Tower’s 100%-owned Thali licence.The Topaz Driller is a Baker Marine Pacific Class 375 jack-up…

Swissco Sells Vessels to Allianz Middle East

Dec 09, 2018

Singapore’s Swissco Holdings, currently under judicial management, announced that it is disposing of a substantial part of its offshore support vessels division, which is expected to help reduce the group's liabilities.UAE's Allianz Middle East…

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