The Norwegian authorities have launched an investigation after the gangway aboard the offshore accommodation rig Floatel Endurance disconnected from the unit last week.According to the Petroleum Safety Authority Norway, the incident happened on February 29…
Lukoil shook up its oil production business on Wednesday, promoting a low-profile executive and splitting the role of a veteran of Russia's top private oil producer, who is seen as a possible future leader. đRussia's second-biggest oil producer…
Marine robotics and offshore survey specialist Ocean Infinity, has completed a survey contract with the French oil major Total, in Angola, achieving what it describes as a first such survey in the industry.'The project was the first time that geophysical…
Oilfield engineering and construction company Global E&C has said it has acquired 100% share capital in commissioning specialists Magma.Global E&C was formed in March 2019, following the majority acquisition of Apollo by Global Energy Group…
Norwegian offshore vessel owner Island Offshore has informed that its Island Victory installation vessel – delivered in February – has finished mobilizing for its first campaign in the Barents Sea.Island Offshore said that the versatile vessel…
Output at Norway's Johan Sverdrup oilfield will rise to 433,000 barrels per day (bpd) in April from around 350,000 bpd at the end of last year, according to a schedule seen by Reuters which operator Equinor shared with oil traders. The first…
Civil strife has been one of Africa's biggest hurdles to the exploration and production of oil and gas on the continent's waters. Despite a reduction in the conflicts, violence has flared up again in East Africa, as forces loyal to Somalia clashed…
Offshore drilling contractor ARO Drilling has deployed IFS Applications on 16 of its offshore drilling rigs. IFS, a software solutions company, said in a statement its applications helped ARO „to unify mission-critical business processes across…
Brent oil prices steadied on Wednesday, paring early gains as markets assessed whether deeper output cuts by major producers would be enough to offset the impact of the coronavirus outbreak. Brent crude was down by 1 cent at $51.85 a barrel at 0915 GMT…
The Norwegian energy company Equinor has received a regulatory consent to use the Topaz modular drilling rig at the Heimdal field in the North Sea, offshore Norway. More specifically, the Petroleum Safety Authority Norway has given its approval for the Equinor to install…
Australian oil and gas company Santos will not be farming into Melbana Energy's Beehive prospect sitting in the shallow waters in the Bonaparte Basin off W. Australia.Santos had an option to acquire an 80 percent interest in the offshore block in exchange for drilling costs of one exploration well…
Malaysian energy services firm Uzma has a contract with Shell for plugging and abandonment work offshore Malaysia.Under the letter of award signed with Shell's subsidiaries in Malaysia, Uzma will provide platform wells plug and abandonment campaign…
Oilfield services giant TechnipFMC has won a front end engineering design (FEED) contract for the development of the offshore IM gas condensate field at Etinde, Cameroon. The Etinde Permit (former Block 7) lies in shallow water in the Rio del Rey Basin…
Sandvik reports it has won the first large-scale stainless steel umbilical tube order in Brazil’s pre-salt Mero oilfield.Mero is an expansive pre-salt oilfield in the Santos Basin offshore Rio de Janeiro with immense oil production potential…
North Sea-focused oil and gas company Spirit Energy has signed an agreement to divest two non-core Danish assets to INEOS.Spirit Energy will, as part of the deal, sell to Ineos two of its companies with licenses in Denmark. The two companies jointly own 40% in the Hejre discovery and 27…
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