Hurricane Energy, the operator of the Lancaster field west of Shetland, has said that the annual output from the field would be at the upper end of the 8,500 - 10,500 bopd guidance.The company issued output guidance on Wednesday, taking into…
Heerema Marine Contractors has removed Shell's Goldeneye wellhead platform in the North Sea.Using its heavy lift crane vessel Thialf, Heerema removed the 1280 metric ton topside and the 3019 metric ton jacket before transportation to the AF Environmental Base in Norway for recycling and reuse…
Danish offshore vessel owner Esvagt said Monday that the Spanish oil firm Repsol had extended the contract for the Esvagt Corona standby/rescue vessel for an additional 18 months.The contract for standby services at Repsol's Yme field in the Norwegian North Sea now runs until the spring of 2023…
Swedish oil company Lundin Energy has failed to find hydrocarbons at its Merckx prospect in the North Sea, offshore Norway.The Norwegian Petroleum Directorate said Friday that Lundin, as the operator of production licence 981 where the well is located…
Horisont Energi, a company working to develop its blue ammonia project in Norway, has signed a deal with liquid bulk storage company Koole Terminals to develop an ammonia terminal and storage facility at the Port of Rotterdam, for further distribution…
INEOS Energy has completed the $615 million sale of its oil and gas business in Norway to Poland's PGNiG.The deal, first announced in March 2021, includes all INEOS Oil & Gas interests in production, licenses, fields, facilities, and pipelines…
Israel is ready to renew efforts to solve its dispute with Lebanon over the delineation of their territorial waters in the Mediterranean, but it will not accept that Beirut dictates the terms of the negotiation, its energy minister said on Tuesday…
Royal Dutch Shell warned on Thursday of a $400 million hit to third-quarter earnings from the damage caused by August's Hurricane Ida.However, in an update ahead of quarterly results this month, the oil major also flagged a boost to cashflows from soaring natural gas and electricity prices…
Royal Dutch Shell on Monday said it has restarted production at its Olympus platform in the Mars Corridor in the Gulf of Mexico following repairs to portion of its West Delta 143 offshore facility in the aftermath of Hurricane Ida.The remaining assets in that corridor…
Oslo-listed oil and gas company BW Energy, responding to press speculation, said Monday it had not made any formal decision to buy any of Brazil-based Petrobras' assets.BW Energy said it had noted the press speculation regarding the possibility of BW Energy acquiring the Golfinho field in Brazil…
Offshore drilling contractor COSL Drilling Europe has secured a long-term drilling contract with Ithaca Energy for well operations on the Abigail well and the Captain phase II development in the central North Sea, offshore the UK.COSL Drilling…
Chinese oil company CNOOC said Thursday it had made a 'large-sized' discovery at Kenli 10-2 site in Bohai Bay, offshore China.The Kenli 10-2 oilfield is located in Laizhou Bay Sag in Southern Bohai Bay, with an average water depth of about 15…
Italian oil giant Eni has kicked off production from Cabaça North deepwater oil field located in Block 15/06 offshore Angola.The field has been developed as a tie-back to the Armada Olombendo FPSO.The Cabaça North development, with an expected peak production rate in the range of 15 kbopd…
Chinese offshore oil and gas company CNOOC said Thursday that a project to power Bohai Bay offshore fields from shore has kicked off operation successfully.'This onshore power project is located in the mid-western Bohai Bay, containing two parts…
Norwegian oil and gas company Aker BP has filed a development plan for the Frosk offshore field to the Norwegian Ministry of Petroleum and Energy.The Frosk field, found in 2019, is situated some 25 kilometers southwest of the Alvheim FPSO in the North Sea…
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