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%22North Field%22 News

Equinor Ramping Up Output at Snorre B Platform after Earthquake

Mar 22, 2022

Norway's Equinor is ramping up production at its Snorre B platform in the North Sea after shutting it down earlier on Monday following an earthquake, the company told Reuters.'We started on this actually a couple of hours ago already, so we're…

Baker Hughes to Buy Well Intervention Firm Altus Intervention

Mar 22, 2022

Oilfield services giant Baker Hughes has agreed to acquire Norway-based well intervention specialist Altus Intervention.The company said the acquisition of the well intervention services and down-hole oil & gas technology company, complemented…

Activists Spray Paint TotalEnergies' HQ West of Paris over Russia Ties

Mar 21, 2022

Pressure mounted on TotalEnergies over its ties to Russia as activists spray-painted its headquarters west of Paris on Monday and France's green presidential candidate accused the company and its boss of complicity with the Kremlin.TotalEnergies…

TotalEnergies Confirms It Will Exit Myanmar, Cede Yadana Offshore Field Stake to PTTEP for Free in July

Mar 16, 2022

French oil major TotalEnergies on Wednesday confirmed it would officially exit Myanmar oil and gas business in July, after the company first announced its plans to leave the country over worsening humanitarian conditions after last year's military coup…

Australia: ExxonMobil Investing $295M to Boost Gas Production from Gippsland Basin Assets

Mar 17, 2022

ExxonMobil's Australian subsidiary Esso Australia has made a final investment decision to develop additional gas from the Gippsland Basin Kipper offshore field in Australia's Bass Strait.The company said the move would 'help secure much-needed supply for the Australian domestic market…

Equinor Shuts North Sea Oil Platform After Earthquake

Mar 21, 2022

Norway's Equinor has shut its Snorre B oil platform as a precautionary measure following an earthquake in the North Sea, the company said on Monday.It was not yet clear when Snorre B, which produces between 30,000-35,000 barrels per day of oil…

Neptune Energy Finds Hydrocarbons at Hamlet Well, Offshore Norway

Mar 21, 2022

Oil and gas company Neptune Energy said Monday it had encountered hydrocarbons at the Hamlet exploration well in the Norwegian sector of the North Sea.'Having entered the reservoir, located within the Gjøa licence (PL153), logs encountered hydrocarbons and a decision was made to initiate coring…

BP Wins Two Offshore Exploration Blocks in Indonesia

Mar 21, 2022

British oil major BP has won two offshore exploration blocks in Indonesia, as part of the Indonesian government's second round of the 2021 Oil and Gas Working Area (WK) Bid Round. The blocks in question are Agung l and Agung ll oil and gas exploration blocks…

Malaysia: Kimanis Oil Exports to Fall in May on Field Maintenance

Mar 11, 2022

Exports of Malaysia's flagship Kimanis crude oil are set to fall to six cargoes in May, down two from April, due to maintenance at oilfields offshore Sabah, a preliminary loading schedule showed on Friday.Shell, the operator of the oilfields that produce Kimanis…

ECA Group and iXblue Discussing Merger

Mar 14, 2022

French autonomous robotics companies ECA Group and iXblue have entered an exclusive negotiations period to bring the two French companies together and merge, and create 'a European high-tech industrial champion in the fields of maritime, inertial navigation…

Qatar Opens Barzan Gas Plant

Mar 16, 2022

Sheikh Tamim bin Hamad Al Thani, the Emir of Qatar, earlier this week inaugurated the Barzan Gas Plant in a special ceremony held today at Ras Laffan Industrial City.The Barzan Gas Plant will produce and process natural gas from the giant North Field offshore Qatar…

Israel's Delek Drilling Changes Name. Shares New Strategic Plan

Feb 22, 2022

Israel's Delek Drilling, a company that owns a stake in the giant Leviathan gas field offshore Israel, and in the undeveloped Aphrodite gas field offshore Cyprus, is changing its name to NewMed Energy. Apart from changing the name, the company…

McDermott Wraps Bayu Undan Field Infill Work

Mar 10, 2022

Offshore services firm McDermott International said Thursday it had recently completed work under its first subsea, engineering, procurement, construction and installation (EPCI) contract with Australia's oil and gas firm Santos for the Bayu-Undan Infill Well Phase 3C Project in the Timor Sea…

First Gas Flows from IOG's Saturn Banks Project in UK North Sea

Mar 14, 2022

UK North Sea-focused oil and gas company IOG said Monday that first gas has started flowing from Phase 1 of its Saturn Banks Project, with the start-up of production from the Blythe field on Sunday. Phase 1 covers the production from Blythe…

Pandion Energy to Buy One-Dyas Norge, Double Production with Nova Field Start-up

Mar 09, 2022

Norwegian oil company Pandion Energy agreed to buy ONE-Dyas Holdings B.V.'s Norwegian subsidiary ONE-Dyas Norge AS for an undisclosed fee. The deal includes a 10 percent share of the Nova offshore field in the North Sea field, and a total of 11 exploration licenses…

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