Sunday, December 16, 2018

Oilfield Services News

 

Chrysaor Sets Sights on Chevron's North Sea Assets

Dec 13, 2018

Private equity-backed oil firm Chrysaor has hired advisers ahead of talks to buy Chevron's British North Sea oil and gas fields for over $2.5 billion, industry and banking sources said.Chrysaor has signed up investment banks Jefferies and BMO for the discussions as a deadline for bids approaches before Christmas, the four sources said.Chevron said earlier this year it was selling its assets in the central North Sea…

Norway Postpones Decision on Arctic Oil Terminal

Dec 14, 2018

The Norwegian government has postponed a decision on whether to mandate the construction of an oil processing terminal near the Arctic tip of northern Europe until the third quarter of next year, it said on Friday.If built, the onshore Veidnes…

Seacat Services Digitizes Its Fleet

Dec 13, 2018

U.K.-based offshore energy support vessel (OESV) operator Seacat Services has installed advanced remote monitoring systems across its fleet in an effort to glean a new level of insight into the operational performance of its vessels.‘Digitalization’ of operational practices…

Nigeria Sues Shell, Eni Over Oil Deal

Dec 13, 2018

Lawyers for the Nigerian government said they had filed a $1.1 billion lawsuit against Royal Dutch Shell and Eni in a commercial court in London on Thursday in relation to a 2011 oilfield deal.The OPL 245 oilfield is also at the heart of an…

Acteon Acquires Deepwater Corrosion Services

Dec 12, 2018

Acteon Group Ltd has acquired subsea corrosion specialist Deepwater Corrosion Services Inc. in a move to strengthen the group's ability to help customers manage the integrity of subsea infrastructure throughout the life of a field.Deepwater has designed…

Grant Spurs Oilfield Data Processing Tech Development

Dec 11, 2018

A recent grant award from the Oil & Gas Innovation Center (OGIC) in the U.K. aims to spur the development of automated data analysis technology for on- and offshore oilfields.Chemical monitoring and management solutions specialist LUX Assure…

Water Backed Welding & Fixing FPSOs

Dec 11, 2018

Although MTL has a robust oil and gas heritage, with formidable experience in the global energy marketplace, it also invests heavily in R&D and undertake rigorous testing and research from its base in Kintore, Aberdeenshire.  MTL recognizes…

Eni Must Improve Safety in the Arctic -Norway Watchdog

Dec 11, 2018

Italian oil company Eni must do more to improve safety at its Arctic Goliat oilfield, which produces up to 100,000 barrels of crude per day, Norway's oil safety watchdog said on Tuesday.The world's northernmost oilfield has suffered a number of incidents since it started production in March 2016…

UKCS Still Worth Investment Despite Brexit -Equinor

Dec 10, 2018

Norwegian oil and gas firm Equinor will remain committed to the mature British continental shelf regardless of the country's plans to leave the European Union, a senior executive told Reuters.British Prime Minister Theresa May abruptly decided…

Tower Resources Hires Vantage Drilling for Cameroon Well

Dec 09, 2018

UK-based Tower Resources has announced it has contracted US offshore driller Vantage Drilling International to provide drilling operations at the NJOM-3 well offshore Cameroon. The well is located in Tower’s 100%-owned Thali licence.The Topaz Driller is a Baker Marine Pacific Class 375 jack-up…

Norway Spending Surges

Dec 04, 2018

New North Sea, Baltic Sea pipeline adds to Norway’s $20.5 billion 2019 spendNorway — that most capital-intensive of oil provinces — will see investments offshore increase by $2.34 billion in 2019, after a year that saw seven oilfield projects…

Baker Hughes Rolls Out Subsea Connect

Nov 30, 2018

New lightweight, modular subsea technologies could reduce not just lead times for equipment delivery but lower the total cost of ownership for the full life of the field.Baker Hughes, a GE company, revealed its thinking on subsea developments during the launch event in Houston earlier this week…

Transocean Shareholders OK Ocean Rig Acquisition

Nov 29, 2018

Transocean, international provider of offshore contract drilling services for oil and gas wells, has announced that its shareholders approved the acquisition of Ocean Rig UDW, by approving the proposals presented at Transocean’s Extraordinary General Meeting…

i-Tech Services Wins IMR Contract

Nov 28, 2018

i-Tech Services said it has secured its first inspection, repair and maintenance (IRM) contract for the vessel MMA Pinnacle with a Malaysia-based integrated oil and gas services company, following the signing of a long-term vessel charter agreement in the Asia Pacific region earlier this year…

DNO Offer for Steady Faroe About Stable North Sea

Nov 27, 2018

Shares in Faroe Petroleum skyrocket 25 percent, as DNO’s takeover bid targets company that engineered low breakeven price.Oil prices might have fallen 30 percent since September’s highs, but there’s still great business to be had for Norway-based North Sea asset player DNO…

Current News

Oil Slips 2 Percent

Oil Slips 2 Percent

Solstad Scores Long-term Charter with Total

Solstad Scores Long-term Charter with Total

Europeans Sweep Record US Offshore Wind Auction

Europeans Sweep Record US Offshore Wind Auction

BP Green Lights Trinidad, Tobago Gas Projects

BP Green Lights Trinidad, Tobago Gas Projects

Norne FPSO Extended Through 2036

Norne FPSO Extended Through 2036

Sonangol, ExxonMobil Ink Exploration Deal

Sonangol, ExxonMobil Ink Exploration Deal

Op/Ed: CCS Needs to Start With a Bang, Not a Whimper

Op/Ed: CCS Needs to Start With a Bang, Not a Whimper

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