Noble Energy is looking to drill a US$77 million appraisal and production well in the Leviathan area offshore Israel in Q1 2017, with a target of natural gas production from the giant field by the end of 2019, according to partner Delek Group…
A sustained low oil price environment has led to a large number of delayed maintenance activities as operators continue to look to reduce costs wherever possible. The offshore maintenance, modifications and operations (MMO) market experienced…
Aberdeen Harbour's plans to expand its facilities into a bay south of the existing harbour has been sanctioned by the harbour board. The £350 million project, which was recently granted planning consent in the form of Marine Licenses and a Harbour Revision Order by the Scottish Government…
California's governor Jerry Brown has urged US President Barack Obama to permanently withdraw waters off his state from new offshore oil and gas leasing and 'guarantee that future oil and gas drilling' is prohibited. Brown had sucessfully…
A new company, Nucore Group, has been established to create a topside engineering services group of companies. Backed by Lonsdale Capital Partners, Nucore Group currently oversees the management of Oteac and HVAC & Refrigeration Engineering (HVAC&R)…
Partners in the Leviathan field offshore Israel have secured US$1.5-1.75 billion funding towards the field development project. Delek Drilling and Avner Oil Exploration secured the cash from HSBC Bank and J.P. Morgan. It will be released in tranches…
Delek Drilling and Avner Oil, part of the Leviathan partnership with Noble Energy, has approved the development plan for the mega-discovery, offshore Israel, the two announced today 12 December. The decision paves the way to Leviathan's final investment decision (FID)…
Offshore marine and engineering consultancy Aqualis Offshore has been contracted by A2SEA to perform engineering consultancy services for its offshore wind farm installation work at the Horns Rev 3 wind farm offshore Denmark. Aqualis…
Malaysia-based Petronas has hit a milestone with its PFLNG SATU last week, as the unit produced its first drop of liquefied natural gas (LNG) from the Kanowit gas field, offshore Sarawak. The PFLNG SATU…
Centrica plc entered a deal to sell its entire portfolio of gas assets in Trinidad and Tobago to Shell E&P for an initial cash consideration of US$30 million (£24 million). The assets consist of a 17.3% interest in the producing NCMA…
The Petroleum Safety Authority Norway (PSA) has launched an investigation into a fire which broke out in an engine room on the Scarabeo 5 drilling unit on 22 November 2016. A team from the PSA traveled out to the rig, which is working on the Njord field in the Norwegian Sea…
Manila’s Asian Development Bank (ADB) is investing US$1 billion in the expansion of the BP-led Shah Deniz II project, offshore Azerbaijan in the Caspian Sea. Welding of Shah Deniz II jackets being fabricated at BDJF…
Electricity has been generated for the first time at Burbo Bank Extension offshore wind farm, a joint venture between DONG Energy (50%) and its partners PKA (25%) and KIRKBI (25%). With the initial turbines recently installed, power…
As OE takes a look back on the year that was 2016, our website's most popular stories pretty much tell everything you need to know. It has been a depressing year for the industry with too many job cut announcements, rigs and vessel stacked (or sold)…
Norway’s Petroleum Safety Authority (PSA) carried out an audit of operations, maintenance and pressure safety focused on Statoil's and Gassco's land organizations and the Heimdal main platform (HMP) and Heimdal riser platform (HRP). The audit was conducted between 22 and 29 September 2016…
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