Norway's Equinor plans to restart production at its Arctic liquefied natural gas (LNG) plant in Hammerfest on June 8 after it was shut down on May 31 due to a gas leak, the company said in a market message on Thursday. The facility will be unavailable until 2100 GMT on June 8…
Italian offshore services firm Saipem said Tuesday that its Integrated Acoustic Unit (I.A.U.) technology for monitoring of subsea pipelines during laying operations had obtained the statement of qualified technology for medium and large pipelines by DNV…
Norwegian oil firm Equinor said Tuesday that a successful capacity test had been performed confirming that the Johan Sverdrup offshore oil field could produce up to 755,000 barrels of oil per day.During a capacity test at Johan Sverdrup, the field reached a record-high production level of 755…
Oilfield services company TechnipFMC said Thursday it had secured an integrated engineering, procurement, construction, and installation contract with the oil giant Shell for its Dover development in the U.S. Gulf of Mexico. TechnipFMC said the contract was 'significant' in value…
OSM Maritime Group and Thome Group have received approvals from competition authorities to merge and create one of the world's largest ship management companies.The merged company, OSM Thome, says it will be a powerhouse in the international ship management market…
Venezuela and Trinidad and Tobago will continue negotiations on jointly developing a dormant offshore natural gas field, with a meeting scheduled for mid-June in Caracas, according to three sources familiar with the matter. Officials from both governments last met in March in Venezuela…
Norwegian offshore engineering and construction services firm Aibel has won a contract with Equinor for Maintenance and Modifications works on Johan Castberg offshore field in the Barents Sea. The work will be carried out from Aibel’s office in Harstad…
2H Offshore has launched the second phase of its Measurement-based Wellhead Fatigue joint industry project (JIP), which aims to improve riser, wellhead, and conductor fatigue estimates and make drilling operations more reliable and efficient…
Prysmian Group Finland Oy has selected YIT as its implementation phase partner for the construction of the Prysmian cable tower in Kirkkonummi municipality in southern Finland. The implementation phase will continue the cooperation from the development phase…
The Australian offshore oil and gas company Carnarvon Energy is nearing completion of the divestment of a portion of its assets in the Bedout Basin, off Australia, with the closing of the transaction targeted for mid-year.Carnarvon Energy in…
China-based Wison Offshore & Marine has awarded NOV's APL a contract to supply a Submerged Swivel and Yoke (SSY) system for deployment in shallow waters offshore West Africa.APL said the SSY would be used as a mooring and gas export solution…
TGS, in partnership with PGS and SLB (ex-Schlumberger), has secured pre-funding for a 6,885 square kilometer multi-client 3D seismic survey offshore Malaysia in North Luconia Province of the Sarawak Basin. This new acquisition is set to kick off in June 2023…
Oil and gas company Longboat Energy said Tuesday that a semi-submersible drilling rig had been assigned for the drilling of the Lotus (Kjøttkake) exploration well in Norway. Longboat Energy has a 30% stake in the DNO-operated project.The Lotus…
Cost inflation has led Norwegian oil and gas companies to increase their investment forecasts for 2023 and 2024, a national statistics office (SSB) survey showed on Thursday. The country's biggest business sector expects to invest 197.8 billion Norwegian crowns ($18…
French oil major TotalEnergies, operator of OML130 offshore license in Nigeria, confirmed Monday it had secured the renewal of the production license on this offshore block for 20 years.Located 150 kilometers off the Nigerian coast, the OML130…