Norwegian energy company Equinor has received consent from the Norwegian Petroleum Directorate (NPD) to start production at the Utgard field.Equinor is said to be planning startup during September 2019.The field is located on the border of the UK and Norwegian areas of the North Sea…
Airborne Oil & Gas announced on Wednesday it has secured a contract with Addax Petroleum which will see the firm deliver two gas lift jumpers offshore Nigeria.The Netherlands headquartered business will supply two, 180-meter-long thermoplastic…
A group of projects worth more than £1.3 million ($1.6 million) aims to develop new innovative technologies for use in offshore drilling operations.With the help of £640,000 ($772,000) in co-funding from the Oil & Gas Innovation Center (OGIC)…
Dutch heavy lift shipping and offshore transportation and installation contractor Jumbo said it has shipped the transition pieces (TP) for Taiwan’s Formosa 1 Phase 2 Offshore Wind Farm (OWF).The TPs, the heaviest, tallest and the largest diameter shipped by Jumbo to date…
Australia-based Woodside Energy has awarded Halliburton nine conditional contracts for drilling and completion services for Senegal's first deepwater offshore oil development, the oilfield services company announced on Monday.The SNE Field Development Phase 1 drilling campaign…
Norway’s government will earn around NOK 265 billion ($30 billion) taxing and taking up stakes in its oil and gas fields in 2019, and Norwegian production is on the rise. In contrast, Britain in 2019 will earn about GBP 1.1 billion ($1.34 billion)…
An Aberdeen-based provider of predictive analysis services said it has secured a new multimillion-dollar contract with CNOOC for digital services across the company’s assets on the UK continental shelf (UKCS).OPEX Group's three-year contract with CNOOC Petroleum Europe Limited…
Brazil's state-run oil company Petroleo Brasileiro SA said on Monday it had prepaid a 2.7 billion reais ($678 million) debt with its employees' pension fund Petros that was due in 2028, according to a securities filing.Petrobras, as the company is known…
British wholesale gas prices rose on Tuesday morning as imports from Norway fell, creating undersupply.Within-day gas price up 1.30 pence at 31.20 pence per therm by 0809 GMT.Day-ahead gas price up 0.90 p at 30.50 p/therm.'Prompt prices are all up a bit on lower supply…
Power companies including Ørsted, Vattenfall, Innogy, SSE and Scottish Power and financial investors such as infrastructure and pension funds are active in UK offshore wind power, said Deloitte.Japan, China and other countries in Asia are also showing increasing interest in the market…
Flowserve Corporation (FLS), a provider of flow control products and services for the global infrastructure markets, has entered into a five-year contract with Shell Australia to provide general maintenance services for Shell’s Prelude Floating Liquified Natural Gas (FLNG) facility…
Brazil's state-controlled oil company Petrobras sold stakes in a set of oilfields known as Polo Macau, located in the country's Potiguar Basin, to SPE 3R Petroleum for $191.1 million, the company said on Friday.Petrobras, or Petróleo Brasileiro SA…
In one month – from June 11 to July 13 – 14 templates delivered by Aker Solutions and TechnipFMC were installed by vessels Edda Freya and Normand Vision on behalf of Equinor at four fields on the Norwegian continental shelf. The templates are all built according to the same…
Norwegian E&P company Petrolia NOCO AS has appointed Linn Katrine Høie as its new managing director.Høie comes to Petrolia NOCO with broad experience from the energy sector, most recently working with digitization of field development in Aker BP…
Wintershall Dea said the drilling of four production wells has begun on the Dvalin gas field in the Norwegian Sea ahead of first production planned in 2020.Drilling from the Transocean Arctic rig is expected to last approximately one year and…
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