%22North Field%22 News

Probe Launched after Valve Block Strikes Worker on OKEA's Brage Platform

Nov 23, 2023

The Norwegian offshore industry safety body has launched an investigation after a person was hit by a valve block on the OKEA-operated Brage platform, offshore Norway, on Tuesday, November 21, 2023. According to the Petroleum Safety Authority of Norway (PSA)…

Shell's Prelude LNG Facility Expected to Resume Exports Next Month

Nov 27, 2023

Shell has almost finished extensive maintenance at its Prelude floating liquefied natural gas (FLNG) facility off Australia and is set to resume exports next month, according to industry sources and shipping data.The timing of the giant floating…

Oil Spill at TotalEnergies' Field Off Nigeria Under Control, Agency Says

Nov 23, 2023

Nigerian authorities are closely monitoring and working to contain an oil spill that occurred during loading operations at the TotalEnergies-operated Egina field on Nov. 15, the maritime agency said on Wednesday.The Nigerian Maritime Administration…

NEO Energy to Redeploy Western Isles FPSO for Buchan Field Project

Nov 17, 2023

Oil and gas company NEO Energy said Friday it had agreed to buy Dana Petroleum's full equity in the Western Isles FPSO in the UK. NEO Energy plans to redeploy the FPSO at the Buchan field redevelopment in the UK North Sea.The transaction is subject to the satisfaction of certain conditions…

Australia's Karoon Energy to Buy Stakes in U.S. Offshore Fields for $720M

Nov 17, 2023

Karoon Energy announced deals worth $720 million on Thursday to buy stakes in certain offshore oil and gas fields in the Gulf of Mexico from U.S.-based LLOG Exploration, in a move to diversify operations beyond Brazil and Australia.The oil and…

Venezuela Close to Approving Offshore Gas License with Trinidad, Shell

Nov 20, 2023

Venezuela is close to approving a license for Shell and the National Gas Company of Trinidad and Tobago to develop a promising offshore natural gas field and export its production to the Caribbean country, two people close to the matter said…

Jadestone Energy Doubles Stake in North West Shelf Oil Project Off Australia

Nov 17, 2023

Asia Pacific-focused Jadestone Energy has this week executed a sale and purchase agreement to acquire the non-operated 16.67% working interest in the Woodside-operated Cossack, Wanaea, Lambert, and Hermes ('CWLH') oil fields development, offshore Western Australia…

PSW Technology Secures 3-Year Deal with Norwegian Oil Firm for Capping Stack Services

Nov 22, 2023

Scana's PSW Technology has signed a frame agreement with an unnamed Norwegian oil and gas operator for Capping Stack & Support Services. The contract consists of a fixed period of 3 years with a 2+2-year option. The value of the frame agreement…

BASF Shares Rise on Report ADNOC Exploring Wintershall Dea Deal

Nov 24, 2023

Shares in chemicals giant BASF rose on Friday after a report that Abu Dhabi National Oil Co (ADNOC) is exploring an acquisition of the German group's energy business, Wintershall Dea. BASF stock was up 1.2% at 0855 GMT, with traders pointing…

Offshore P&A Firm Well-Safe Solutions Secures Multi-Year Deal with BP

Nov 21, 2023

Offshore well plug and abandonment specialist Well-Safe Solutions has agreed a global master agreement with BP lasting until at least September 2026, with two one-year contract extension options available.The agreement will see the well decommissioning company provide BP with project management…

Chevron Resumes Natural Gas Supply from Israel's Tamar Offshore Field

Nov 13, 2023

Chevron said on Monday it had resumed the supply of natural gas from the offshore Tamar field, a month after it was told by Israel to halt operations due to violence in the region.The Tamar field, a major source of gas for Israel's power generators…

FLNG Gimi Delivered and Sailing to Africa

Nov 19, 2023

Golar LNG has announced that the FLNG Gimi has departed Singapore’s Seatrium Shipyard and is now sailing under its own propulsion, supported by an escort tug, toward BP’s purpose-built Greater Tortue Ahmeyim (GTA) hub offshore Mauritania and Senegal…

Kuwait’s KUFPEC Sells all Assets in Norway to Poland's PGNiG for $454M

Nov 20, 2023

The Kuwait Foreign Petroleum Exploration Company (KUFPEC) agreed on Friday to sell all of its assets in Norway to Poland's Orlen, which operates in Norway under the name PGNiG Upstream for $454 million, the CEO of the Kuwaiti company said on Friday…

CNOOC Starts Production at First Phase of Bozhong 19-6 Gas Condensate Field

Nov 14, 2023

China's CNOOC has begun production at the first phase of its Bozhong 19-6 gas condensate field, according to a statement released by the company on Tuesday. The project, located in the central Bohai Sea off the coast of eastern China, is expected to achieve peak production of approximately 37…

Siemens Gamesa's Turnaround Plan Underwhelms, Shares Fall

Nov 22, 2023

Struggling wind turbine maker Siemens Gamesa said on Tuesday it would cut costs and capacity on its long path towards profit, sending shares in parent Siemens Energy sharply lower as investors had hoped for more radical steps.The move, announced at Siemens Energy's capital markets day…

Current News

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