Oil And Gas News

 

Williams, Beacon Sign Pipeline Deal for Shenandoah Field in Gulf of Mexico

Jun 18, 2021

U.S. Gulf of Mexico pipeline operator Williams has struck a deal with Beacon Offshore to provide offshore gas gathering and transportation services and onshore gas processing services to the Shenandoah offshore development.Williams will provide…

Esvagt Brings More Offshore Vessels into Service as Demand Spikes

Jun 18, 2021

Danish offshore vessel owner Esvagt is seeing an increase in activity and has brought more vessels into service to keep up.'Increased activity in the autumn and again this spring have brought more Esvagt vessels into service; most recently the ’Esvagt Castor’ and the ’Esvagt Carpathia’…

Biden May Hinder Oil and Gas Drilling Despite Court Loss

Jun 18, 2021

U.S. President Joe Biden’s administration has the power to stymie oil and gas development on government-controlled lands and waters, industry and environmental experts said, even though a court decision ended his freeze on federal drilling auctions…

Aker BP Brings Online Gray Seal Offshore Oil Field

Jun 18, 2021

Production has kicked off from the Gårsel (Gray Seal) oil field in the Skarv area, off the coast of Norway, four months ahead of plan, according to Norwegian oil and gas giant Aker BP.Aker BP CEO, Karl Johnny Hersvik said: 'I’m very proud of…

Shell Teams Up with BKK, Lyse to Bid in Norway's 1st Offshore Wind Tender

Jun 17, 2021

Oil major Shell teamed up with Norwegian utilities BKK and Lyse to bid in the Nordic country’s first offshore wind tender expected next year, the companies said on Thursday.Shell has been active in oil and gas extraction on the Norwegian continental shelf for several decades…

ABB Wins UTC Award for Subsea Electrification Technology

Jun 17, 2021

ABB's subsea power system, capable of distributing up to 100 MW of electricity over long distances and in ultra-deepwater, has won this year’s Underwater Technology Conference (UTC) Award.ABB’s US$100 million Subsea Power Joint Industry Project…

Wintershall Dea IPO to Be Delayed

Jun 17, 2021

Chemicals group BASF put the planned stock market listing of its Wintershall Dea business on hold on Wednesday until further notice, saying the market was underestimating the value of oil and gas companies.BASF and co-owner LetterOne will postpone the Initial Public Offering (IPO)…

PSE Kinsale Energy Charters Siem Pearl AHTS for P&A Support in Ireland

Jun 17, 2021

Norwegian offshore vessel operator Siem Offshore has won a three-month charter for the 91-meters long AHTS vessel Siem Pearl in Ireland.The contract is with PSE Kinsale Energy Ltd, the Irish subsidiary of the Malaysian oil giant Petronas, which…

UTC: Norway Oil and Gas Tax Package to Yield $41-47B Spending

Jun 17, 2021

A tax package to support Norway’s oil and gas industry as Covid hit looks set to yield “a wave of developments and projects” adding up to investment worth NOK350-400 billion ($41-47 billion) and equivalent to one and a half the size of the Johan Sverdrup field…

Indonesia: Eni, SKK Migas Ink Exploration MoU

Jun 17, 2021

Italian oil and gas company Eni said Thursday it had signed an agreement with SKK Migas for cooperation on exploration activities in Indonesia. The memorandum of understanding defines the framework for further cooperation in the processing and…

Senegal Gearing Up for first LNG-powered Electricity

Jun 17, 2021

Senegal is set to be partly powered by liquefied natural gas for the first time with the arrival at the capital, Dakar, on Wednesday of a floating gas facility from Singapore, the West African nation's state power company, Senelec, said.The…

Lime Petroleum to Buy Repsol's Stake in Brage Field Off Norway

Jun 17, 2021

Oil company Rex International said Thursday its subsidiary Lime Petroleum had on June 15 2021 agreed to acquire from Repsol stakes the Brage field and five nearby licenses in the North Sea, offshore Norway.The agreement includes the acquisition of Repsol’s 33…

Vaalco Energy Hires Borr Jack-Up Rig for Gabon Drilling

Jun 17, 2021

Africa-focused oil company Vaalco Energy has signed a contract with offshore drilling firm Borr Drilling for the drilling operations at the Etame block, offshore Gabon.As part of Vaalco's 2021/2022 drilling campaign, Borr Jack-Up XIV, a Borr Drilling company…

Life Extension for Heimdal Offshore Platforms

Jun 17, 2021

Norwegian oil firm Equinor and its partners have agreed to extend the life of the Heimdal field platforms in the Norwegian part of the North Sea for longer than previously expected.The Heimdal field was discovered in 1972. It started production in 1985…

Strike Averted as Norway Offshore Drilling Workers Agree Wage Deal

Jun 17, 2021

Three Norwegian labor unions agreed on a wage deal with the owners of floating offshore oil drilling rigs, preventing the outbreak of a strike that would have disrupted exploration, the unions said on Thursday.The deal between the Norwegian Shipowners' Association and the Industri Energi…

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Havyard Delivers Another Offshore Wind Service Vessel to Esvagt

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Eco Wave Power Installs Spotter Buoy in Portugal

Huge Interest in Norwegian Offshore Wind, Minister Says

Huge Interest in Norwegian Offshore Wind, Minister Says

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