%22Nord Stream%22 News

U.S. Offshore Oil Lease Sale Weakest Since 2016

Mar 19, 2020

A major sale of oil and gas leases in the U.S. Gulf of Mexico on Wednesday generated $93 million in high bids, the lowest total for any U.S. offshore auction since 2016, reflecting caution in the drilling industry amid a steep slide in oil prices…

Dolphin Drilling Signs Multi-Well Drilling Contract with i3

Mar 19, 2020

Offshore drilling contractor Dolphin Drilling has signed a drilling contract for one of its semi-submersible offshore drilling rigs in the UK North Sea with oil company i3 Energy.Bjørnar Iversen, CEO of Dolphin Drilling said the contract was…

Update: Oil and Gas Listed as Important Social Function in Norway

Mar 20, 2020

This article, originally titled 'Norway: Oil Workers Not Critical for Society,' has been amended as the Norwegian government has added some parts of the oil and gas industry to the 'Critical Social Functions' list.OEDigital on Friday morning reported…

Ampelmann Wins Contract from SBM in Guyana

Mar 02, 2020

Dutch offshore service provider Ampelmann said it has added Guyana as a new market to its global portfolio following a contract award from compatriot floating production and mooring systems firm SBM Offshore.Ampelmann  said it assisted the hook-up and commissioning of the SBM floating production…

Offshore Oil Rig Infection Exposes Coronavirus Dangers

Mar 12, 2020

Equinor reported the oil industry's first coronavirus infection on an offshore installation on Wednesday, highlighting the challenge in preventing contamination for thousands of workers living in the close quarters on rigs and platforms.A worker…

Equinor's Sverdrup Output to Reach Full Capacity in April

Mar 04, 2020

Output at Norway's Johan Sverdrup oilfield will rise to 433,000 barrels per day (bpd) in April from around 350,000 bpd at the end of last year, according to a schedule seen by Reuters which operator Equinor shared with oil traders. The first…

Investigation Launched After Gangway Disconnects from Floatel Endurance

Mar 05, 2020

The Norwegian authorities have launched an investigation after the gangway aboard the offshore accommodation rig Floatel Endurance disconnected from the unit last week.According to the Petroleum Safety Authority Norway, the incident happened on February 29…

IOG, CalEnergy in Further Harvey Farm-In Talks After Option Lapses

Feb 28, 2020

UK-focused oil firm Independent Oil and Gas has said that it remains in talks with CalEnergy over the latter's participation in IOG's North Sea blocks.Namely, CalEnergy Resources, part of Berkshire Hathaway Energy, had an option to acquire a…

Coronavirus to Cut 2020 Oil, Gas Spend by $30B

Feb 28, 2020

The coronavirus outbreak could cut oil industry investment this year by tens of billions of dollars and delay the delivery of offshore installations currently being built at Asian yards, Oslo-based consultancy Rystad Energy predicted on Friday…

U.S. Weekly Offshore Rig Count Dips

Feb 24, 2020

Weekly U.S. offshore drilling rig count dipped last week, but the overall rig count rose, by one unit.According to Baker Hughes' Rig Count report released Friday, U.S. Rig Count was up 1 rig from the previous week to 791, with oil rigs up 1 to 679…

Neptune Brings Online HPHT Well in Dutch North Sea

Feb 19, 2020

Neptune Energy has started gas production from the new L5a-D4 well. According to Neptune, the well sits in the deepest producing gas field of the Dutch North Sea.L5a-D4 is a high pressure, high temperature well located in the L5a-D field, around 100 kilometers north of Den Helder…

PGS, Cognite Partner on Seismic Surveying

Feb 18, 2020

Marine geophysical firm PGS and artificial intelligence (AI) software-as-a-service (SaaS) company Cognite are teaming up in an effort to make seismic survey vessels work better, faster and more efficiently.Venturing into a new area of the energy sector…

EMGS in Namibia Survey LoI

Feb 28, 2020

Norwegian offshore survey company Electromagnetic Geoservices has signed a letter of intent with a minimum value of $3.6 million from an undisclosed client for a survey offshore Namibia.Under the terms of the pending data licensing agreement…

LQ Installed at Qatargas' North Field Bravo

Feb 25, 2020

The 4,000-metric-ton jacket and topside has been installed for Qatargas' North Field Bravo Living Quarters Expansion project, Heerema Marine Contractors announced on Tuesday.Heerema said the installation was completed by its vessel Aegir, which…

EU Issues Sanctions Over Turkish Drilling Off Cyprus

Feb 28, 2020

The European Union has imposed sanctions against two persons for their involvement in Turkey's offshore drilling activities near the Cyprus coast in the Eastern Mediterranean.'Today, the [European] Council has placed two persons under restrictive…

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