Oil And Gas News

 

Shell to Cut Up to 9000 Jobs

17 hours ago

Royal Dutch Shell announced on Wednesday plans to cut up to 9,000 jobs, or over 10% of its workforce, as part of a major overhaul to shift the oil and gas giant to low-carbon energy.Shell, which had 83,000 employees at the end of 2019, said that the reorganization will lead to additional annual savings of around $2 billion to $2.5 billion by 2022, going partly beyond cuts of $3 to $4 billion announced earlier this year…

Total to Spend $3B a Year on Renewables

10 hours ago

France's Total on Wednesday said it would hike its annual investments in renewable energy and electricity by 50% as it cuts its reliance on oil and aims to become a major low-carbon power producer.Faced with gloomy long-term prospects for oil demand…

Husky Energy Completes Liuhua 29-1 Gas Project Offshore China

13 hours ago

Commissioning has been completed at the third field at the Liwan gas project offshore China, Canadian oil company Husky Energy has said.'As a result of strong cooperation between Husky and its long-time partner CNOOC, the seven-well Liuhua 29-1 project was completed safely…

Equinor Maintains Oil Output, but More Workers May Join Strike

14 hours ago

Equinor said on Wednesday it was maintaining production at western Europe's largest producing oilfield despite a strike by some workers but risked a wider labor conflict this week.Some 43 workers are on strike at the Johan Sverdrup field after…

Eni to Take Over Indonesian Deepwater Development?

16 hours ago

Italy's Eni is expected to take over the Indonesian Deepwater Development (IDD) project as operator Chevron sells its interest in the gas venture, the chairman of the country's upstream oil and gas regulator said on Wednesday.Chevron confirmed…

Alfa Laval Pumps for Three China-built FPSOs

16 hours ago

Swedish company Alfa Laval has said it has won orders to deliver Framo pumping systems for three FPSOs to be built in China.The orders comprise marine pumping systems for crude oil offloading, produced water, slop and ballast duties.The company…

Aker Solutions Delivers Subsea Structures for CNOOC's Lingshui 17-2 Field

16 hours ago

Norwegian offshore engineering and construction firm Aker Solutions has completed the construction of subsea structures for China-based CNOOC's Lingshui 17-2 project in the South China Sea.The structures were built and tested at the China Offshore…

Taiwan: First Steel Cut for 'Green Jade' Offshore Installation Vessel

17 hours ago

The first steel cutting ceremony was held in Taiwan Wednesday for the Green Jade DP3 heavy lift and installation vessel, the first such vessel built in Taiwan.The vessel has been commissioned by CDWE, a joint venture between Taiwanese company CSBC and Belgian offshore contractor DEME…

Norway: Oil Workers Strike Could Shut Large Offshore Field

17 hours ago

Oil workers organized by Norway's Lederne labor union will go on strike on Wednesday following a breakdown of wage talks, cutting Norway's crude output capacity by up to 470,000 barrels of oil per day (bpd), the union and employers said.The…

Golar Unit CEO Takes Leave of Absence Amid Corruption Probe

Sep 29, 2020

Golar LNG said on Tuesday Hygo Energy Transition Ltd Chief Executive Officer Eduardo Antonello has taken leave of absence with immediate effect, following a corruption investigation involving him in Brazil.Golar said Antonello's leave was in…

Oil & Gas to Drive Unprecedented Growth in Senegal, President Says

Sep 29, 2020

Senegal is expected to achieve unprecedented economic growth of 13.7% in 2023, thanks to the development of new oil and gas fields, President Macky Sall said on Tuesday.Oil was discovered in Senegal in 1961, but reserves big enough for commercial exploitation have been found only in recent years…

JDR to Link Two Azeri Platforms with Fiber Optic Power Cable

Sep 29, 2020

Subsea cable supplier JDR has won a contract with BP to manufacture and supply a 5.5km 33kV fiber optic power cable and a steel tube subsea isolation valve (SSIV) umbilical, for a platform project, offshore Azerbaijan.The 33 kV fiber optic power…

Baker Hughes Lands Major Order in Qatar for North Field East Project

Sep 29, 2020

Oilfield services giant Baker Hughes has received a large order from Qatar Petroleum to supply multiple main refrigerant compressors (MRCs) for Qatar Petroleum’s giant North Field East (NFE) project. The North Field is the world’s single largest non-associated offshore natural gas field…

Petrobras' Tupi Field Output Hits Two Billion Barrels Mark

Sep 29, 2020

Brazilian oil company Petrobras has informed that the accumulated oil production from the Tupi offshore field in Brazil recently hit the 2 billion barrels of oil equivalent (boe) mark.The field, dubbed the largest deepwater oil producer in the world…

Azerbaijan: Socar Says Oil & Gas Facilities Unaffected by Conflict

Sep 29, 2020

Azeri state energy company SOCAR said on Tuesday the country's oil and gas infrastructure was safe thanks to measures taken by the army over military conflict in the region of Nagorno-Karabakh.The worst spate of fighting between Armenia and…

Current News

Total to Spend $3B a Year on Renewables

Total to Spend $3B a Year on Renewables

VIDEO: Power On at Two Coastal Virginia Offshore Wind Turbines

VIDEO: Power On at Two Coastal Virginia Offshore Wind Turbines

Seaway 7 to Convert 'Seven Phoenix' into Cable Layer

Seaway 7 to Convert 'Seven Phoenix' into Cable Layer

Husky Energy Completes Liuhua 29-1 Gas Project Offshore China

Husky Energy Completes Liuhua 29-1 Gas Project Offshore China

Subscribe for OE Digital E‑News

Offshore Engineer Magazine