Latest News - page 1883

 

Ramboll inks Chinese wind farm foundation contract

Jun 16, 2017

Ramboll has been appointed by Huadong Engineering Corp. to design foundations for the SPIC Binhai South H3 offshore wind farm in the Yellow Sea north of Shanghai.  The project involves geotechnical investigations, numerical modelling of waves…

Australia to fund gas exploration study

Jun 16, 2017

The Australian government will complete a study into offshore gas basins in Southern Australia, as part of a US$90 million investment in domestic gas security and supply. Minister for Resources and Northern Australia Senator Matt Canavan said the study of the Gippsland…

Mediterranean Sea wind farm first lined up

Jun 16, 2017

German wind turbine manufacturer Senvion has been appointed by Beleolico as the supplier for Taranto wind farm. Taranto will be the first offshore plant in the Mediterranean Sea, according to Senvion, with a total rated power of 30 MW from 10 Senvion turbines…

VNG Norge submits Fenja assessment

Jun 15, 2017

VNG Norge estimates its development plan for the Fenja field to cost US$1.3 billion (NOK$11.5 billion), the company said in a 15 June impact assessment of the project. Source: VNG Norge  Formerly known as the Pil and Bue discoveries…

JX Nippon online at Layang

Jun 15, 2017

JX Nippon Oil & Gas Exploration (Malaysia) started gas production from the Layang Field, offshore Malaysia, with an estimated 12,000 boe/d. Map from JX Nippon. Layang is about 7km east of the producing Helang Gas Field in Block SK10…

CGG begins financial restructuring

Jun 15, 2017

Paris-based geophysical firm CGG will file for Chapters 11 and 15 bankruptcy in the US, and open a Sauvegarde proceeding in France, after executing legally binding agreements in support of the terms of the agreement-in-principle with key financial creditors announced on 2 June…

Wood Group, Amec shareholders agree on takeover

Jun 15, 2017

Wood Group's proposed US$2.7 billion takeover of Amec Foster Wheeler has been overwhelmingly approved by shareholders at both companies, paving the way for the merger to be complete by this year.  Image from Amec Foster Wheeler…

Energy XXI spuds GoM well, cuts workforce by 18%

Jun 15, 2017

Energy XXI Gulf Coast (EGC) has spudded its first well of the year at West Delta 30 off the coast of Louisiana, as the company announced an 18% workforce reduction. Image of West Delta operations…

BP, Reliance sign deepwater India pact

Jun 15, 2017

BP and Reliance Industries Ltd. (RIL) reported Thursday they would spend US$6 billion on three projects to develop deepwater gas resources offshore India that would bring 1 Bcf/d of dry gas production onstream between 2020 to 2022. Image…

Statoil gets greenlight for Barents Gemini Nord

Jun 15, 2017

Norway’s Petroleum Safety Authority (PSA) has given Statoil the go-ahead to drill the Gemini Nord exploration well in the Barents Sea. Statoil will use the Songa Enabler semisubmersible to drill Well 7325/4-1 well in the Hoop area approximately 275km from Nordkapp and 200km from Bjørnøya…

Norway ‘not halfway done’ with new oil, gas discoveries

Jun 15, 2017

Seventy-seven discoveries on Norway’s Continental Shelf containing 700 MMcum were being considered for development at the start of 2016, the Norwegian Petroleum Directorate (NPD) reports. Most of these discoveries are in the North Sea…

UKCS production efficiency at 73%, more to be done

Jun 15, 2017

Production efficiency (PE) on the UK Continental Shelf (UKCS) has risen for a fourth consecutive year to 73%, according to a new publication released by the UK regulator, the Oil and Gas Authority (OGA). The increase in the measure, which…

RockRose closer to Maersk assets acquisition

Jun 15, 2017

The UK's Oil and Gas Authority has cleared Maersk Oil North Sea to assign its interest in license P218 to new independent RockRose Energy. The license contains the Scott (Maersk 5.16%) and Telford (Maersk 2.36%) fields. Scott and Telford are operated by Nexen through the Scott platform…

Fifth production well boosts Lukoil’s Caspian output

Jun 14, 2017

Lukoil has completed the fifth production well for the Vladimir Filanovsky field in the Caspian Sea, and is constructing a sixth well to be used for water injection. Photo source: Lukoil The…

Maersk delays nine newbuilds

Jun 14, 2017

Maersk Supply Service (MSS) has reached agreements with two shipyards to delay nine of its newbuild vessels due to the current market situation. Maersk Master. Image from MSS. A…

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