China's state-run offshore oil and gas explorer and producer CNOOC said Monday it had started production from its Luda 6-2 oil field ahead of schedule.Luda 6-2 oilfield is located in Liaodong Bay of Bohai Sea, with an average water depth of about 30 meters…
Hurricane Ida pummeled U.S. Gulf Coast energy suppliers, knocking out most of the region's offshore wells and nearly half its motor fuel production and drove prices broadly higher.The storm crashed on Sunday into the Louisiana coast, tearing through U…
Neptune Energy-operated Duva offshore development in Norway has started production, making it Neptune’s third major project to come onstream in 2021 after following Gjøa P1 in Norway in February and Merakes in Indonesia in April. Located in the North Sea off Norway…
Norwegian marine seismic contractor PGS said Monday it had completed the acquisition of a new GeoStreamer X survey in the UK sector of the North Sea over the Kraken field, East of Shetland. The Kraken field lies in blocks 9/2b and 9/2c within the P1575 license…
Dutch FPSO leasing specialist SBM Offshore said it has signed a letter of intent with Petrobras to lease and operate a newbuild floating production, storage and offloading unit (FPSO) at the Mero field in the Santos Basin offshore Brazil. SBM did not disclose financial details of the 22…
A deadly accident on an offshore platform belonging to Mexican state oil company Pemex 'may slow' the company's production growth rate, ratings agency Fitch said in a statement on Tuesday, after officials confirmed a sharp hit to output.The…
Oslo-listed offshore vessel operator DOF Subsea has secured a 6-month extension to a contract in Africa.The company said that the project, with an unnamed client and at an undisclosed location, would continue using the Skandi Seven throughout the extended duration…
An offshore worker got injured last Friday on the Avalon Sea offshore support vessel while supporting operations on ExxonMobil's Hebron platform in the Atlantic Ocean, offshore Canada.He was injured while supporting activities associated with lifeboat winch load testing on the Hebron Platform…
Thermoplastic composite pipe technology developer Strohm has entered a joint industry program with Shell and Petrobras with the goal of deploying its Thermoplastic Composite Pipe (TCP) Flowline and Riser technology offshore Brazil.Strohm said…
When Cambodian officials commemorated the start of the country's first oil project in June by preserving the first drops of production at a high-profile ceremony, they heralded the country's emergence as a budding oil exporter at the heart of Asia…
Pharos Energy said Thursday it had completed its 3D seismic program on the western part of Block 125 in the Phu Khanh Basin, 'the last unexplored frontier offshore Vietnam.' The company hopes the data will help it attract a drilling partner…
U.S. oil giant Chevron has awarded the Australian engineering firm Worley a contract for the provision of engineering and construction management services in support of Chevron’s recently sanctioned $4 billion Jansz-Io Compression (J-IC) project in Australia…
ABB has secured a contract worth around $120 million to supply the overall Electrical Power System (EPS) for Chevron's multi-billion-dollar Jansz-Io Compression (J-IC) project, offshore W. Australia.The Jansz-Io field is located around 200 kilometers offshore the north-western coast of Australia…
Italian oil firm Eni said Friday it had recently started production from the Cuica field offshore Angola. The company is producing oil from the field via the Armada Olombendo FPSO.Production started on July 30, 2021, just over 4 months from discovery…
Thai oil company PTTEP has appointed its President Montri Rawanchaikul as the new Chief Executive Officer (CEO) and Director.He will replace Phongsthorn Thavisin who will end his roles with PTTEP on September 30, 2021. The appointment of the new CEO and Director will be effective from October 1…