Offshore Production News - page 256

 

ClampOn: Ultrasonic Intelligent Sensors

Sep 13, 2019

ClampOn provides non-invasive ultrasonic sensors for sand and particle monitoring, pig detection, corrosion-erosion monitoring, leak monitoring and vibration monitoring.

Norway Approves Tordis Extension

Sep 12, 2019

Norwegian authorities have given consent to operator Equinor to extend production from the Tordis field in the North Sea.Equinor, which had applied for consent to extend the operating life of the facilities on the Tordis field, is now approved to use of the facilities through 2036…

New Age Sells Stake in Marine XII

Sep 12, 2019

Privately held oil and gas exploration and production company New Age (African Global Energy) Limited has announced the completion of the US$800 million sale of its 25% non-operated interest in the offshore Marine XII permit in Congo (Brazzaville) to LUKOIL Upstream Congo SAU…

Weatherford Inks $87 Mln Deal with Petrobras

Sep 11, 2019

Oilfield services company Weatherford announced it has secured an $87 million contract for fishing and intervention services with Brazilian-based multinational corporation Petróleo Brasileiro S.A., more commonly known as Petrobras.Weatherford…

Repsol Sees Yme Start-up in H1 2020

Sep 11, 2019

Spain's Repsol believes it can start producing oil at the Norwegian Yme oilfield in the first half of next year, a partner in the field said on Wednesday.'Repsol, the operator of the field, is confident that Yme could start production in the first half of 2020…

Aasta Hansteen Output Can Exceed Max Capacity

Sep 11, 2019

Norway's Aasta Hansteen field, which exports gas to Britain and other European countries, has on several occasions produced more than its maximum level, pipeline operator Gassco and operator Equinor told Reuters.Located in the Norwegian Sea…

Gazprom Neft Resumes Output at Arctic Offshore Field

Sep 11, 2019

Gazprom Neft, the oil arm of Russian gas giant Gazprom, said on Wednesday it had resumed oil production at the Prirazlomnoye offshore Arctic field on September 7 after planned maintenance.The Prirazlomnoye field was halted on August 8 for maintenance…

RigNet Wins FPSO Analytics Job

Sep 10, 2019

Networking solutions provider RigNet said it has secures a multi-year agreement with Galoc Production Company (GPC) to deploy its machine learning-based analytics platform on board the floating production storage and offloading (FPSO) vessel Rubicon Intrepid…

Exxon Discussing Norway Asses Sale with Var Energi

Sep 09, 2019

Oil major ExxonMobil said on Friday it had signed an exclusivity agreement with Var Energi for negotiations regarding a possible sale of Exxon's Norwegian upstream assets.An acquisition of Exxon's production assets in Norway would cement Var…

Johan Sverdrup: 660,000 bpd Output by 2022

Sep 09, 2019

Output from the Equinor-operated Johan Sverdrup oil field in the North Sea will rise to 660,000 barrels per day (bpd) by 2022, from 440,000 bpd by early 2020, a company executive said on Monday.Output from the field will start up in October…

Mexico, Pemex to Hedge Oil Output

Sep 09, 2019

The Mexican government has said in its 2020 budget proposal that it will maintain a strategy of hedging its oil output against lower prices.Mexico’s state oil company Pemex will also continue a similar but separate hedging program. Mexico’s…

Baker Hughes: U.S. Oil Drillers Cut Rigs Again

Sep 06, 2019

U.S. energy firms this week reduced the number of oil rigs operating for a third week in a row after drilling slowed for nine straight months as independent producers cut spending by about 10% this year.Drillers cut four oil rigs in the week to Sept…

Dongfang Topside Floated Out in China

Sep 05, 2019

Heavy lift and transport company ALE said it performed an 18,000t topside load-out and floatover transportation from a yard in Zhuhai, China. The topside will form part of a new offshore platform in the Dongfang gas fields in the South China Sea to support natural gas development in the region…

TGS Acquires Production Data Firm

Sep 05, 2019

TGS said it has purchased all outstanding shares and completed the acquisition of Lasser, Inc., a Fort Worth-based company which provides historical and monthly oil and gas production data.Lasser owns, maintains and licenses a nationwide U.S…

Johan Sverdrup Nearing Early Start-up

Sep 05, 2019

The mega Johan Sverdrup field in the Norwegian NOrth Sea is expected to come on stream in October this year, one month ahead of schedule, operator Equinor announced on Thursday.The Johan Sverdrup development continues to progress well through the final stages of preparation for operations…

Current News

Bloomberg News Reports Shell is Looking for a Buyer for Brazilian Oilfield Cluster

Bloomberg News Reports Shell i

Shell is in advanced discussions to buy LLOG Exploration, say sources. The deal will cost more than $3 billion.

Shell is in advanced discussio

ESG Completes Service Operation Vessel Conversion for HOS

ESG Completes Service Operatio

Orbital Marine Power Secures $9.31m Investment

Orbital Marine Power Secures $

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