%22North Field%22 News

US Moving Forward with Second Central Atlantic Offshore Wind Sale

Aug 22, 2024

The United States is advancing plans for a second regional offshore wind energy auction in the Central Atlantic.On Wednesday, the Interior Department's Bureau of Ocean Energy Management (BOEM) announced it will issue a Call for Information and Nominations for the Central Atlantic 2 sale…

CNOOC Advances High-Pressure Development

Aug 26, 2024

Test output at China National Offshore Oil Corp's Deep Sea No. 1 A-12 offshore gas field reached 830,000 cubic meters per day, state media said on Monday.State-run CCTV said the project was China's first deepwater high-pressure natural gas development project…

Johan Castberg Oilfield Expected to Reach Full Output in H1 2025

Aug 27, 2024

Equinor's Arctic Johan Castberg oilfield is expected to reach full production of some 220,000 barrels per day in the first half of 2025, a senior company official said on Tuesday.The oilfield in the Norwegian part of the Barents Sea is set to…

Petrobras Will Seek to Reduce Gas Reinjection When Possible

Aug 28, 2024

Brazil's state-run oil firm Petrobras will do what it can to reduce the reinjection of natural gas into oil wells, Chief Executive Magda Chambriard said on Wednesday.The government published a decree on Monday authorizing the oil regulator ANP…

Indonesia Green Lights Eni Gas Projects

Aug 23, 2024

Indonesia has approved a development plan for the first phase of the Geng North gas field operated by Italy's Eni in the Makassar Strait, the upstream oil and gas regulator SKK Migas said in a statement on Friday.The approval also covered the development of the nearby Gehem field…

Equinor to Resume Gullfaks C Output After Well Incident

Aug 23, 2024

Norway's Equinor has begun work to resume output at its Gullfaks C oil and gas platform in the North Sea after a shutdown on Sunday, a company spokesperson said on Tuesday.The incident was caused by problems with one of the platform's wells…

Anasuria Hibiscus taps Ocean Installer for 'Sizeable' Subsea Tie-Back Project

Aug 26, 2024

Ocean Installer won 'a sizeable' project from Anasuria Hibiscus UK Limited as part of a new frame agreement for offshore construction. The Teal West Development comprises a subsea tie-back to the Anasuria FPSO. The scope of work on Teal West includes installation of manifold…

Wood Advances CCS Projects Offshore Norway

Aug 26, 2024

Engineering firm Wood said it is advancing three carbon capture and storage (CCS) projects on the Norwegian Continental Shelf.The company has assessed the technical feasibility of the Trudvang, Luna and Havstjerne CCS projects, which combined can store up to 21 million tonnes of CO2 annually…

New Emergency Vessel Part of Equinor Plan to Fortify Barents Sea Safety

Aug 27, 2024

Equinor will establish and operate a new area-wide emergency preparedness solution for the southwestern Barents Sea.'Together with the other operators, the authorities and the supply industry, we have through 50years developed the preparedness…

Inertial Navigation System to Boost Wind Turbine Installation Precision

Aug 28, 2024

Manufacturer of advanced inertial navigation systems (INS), Exail, has secured a contract to supply three Hydrins INS to Pliant Offshore, an offshore measurement specialist.The units will be integrated into Pliant Offshore’s installation measurement…

Production at Libya's Sharara Oilfield Up to 85,000 bpd

Aug 19, 2024

Production at Libya's Sharara oilfield has risen to about 85,000 barrels per day in a move aimed at supplying the Zawia oil refinery.Libya's National Oil Corporation (NOC) had declared force majeure on oil exports from the field on August 7 after a blockade by protesters hit production at the 300…

Norway Calls on Oil Firms to Boost Exploration and Investment

Aug 21, 2024

Norwegian oil and gas companies should boost investments in exploration and production to slow an expected decline in the country's output in the coming years, the national petroleum industry regulator said in a resource report on Wednesday…

OMV Gas Discovery Could Extend Life of Aasta Hansteen Hub

Aug 23, 2024

OMV (Norge) has successfully completed drilling of a deepwater exploration well in the Norwegian Sea with preliminary estimated total recoverable gas volumes of between 30 and 140 million barrels of oil equivalent (mn boe).The deepwater wildcat…

Woodside Profit, Dividend Beat Estimates

Aug 27, 2024

Australia's Woodside Energy reported on Tuesday a decline of 14% in half-year profit, hit by lower oil prices, but the result and its dividend beat market expectations, sending shares up 4%.Chief Executive Meg O'Neill said there had been a flood…

SLB Launches Carbon Storage Well Integrity Assessment Tool

Aug 27, 2024

SLB has launched a well integrity assessment solution that helps carbon storage developers quantify the risks associated with wells at prospective storage sites with previous drilling activity.Establishing secure storage sites is essential to…

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