Statoil has completed its internal investigation on a fire at the Statfjord A platform on 16 October, an incident that was part of a string of hazardous events, leading the Norwegian giant on a safety mission. Image…
Terje Søviknes (Progress Party) has been appointed Minister of Petroleum and Energy in Norwegian Prime Minister Erna Solberg's cabinet. Søviknes replaces Tord Lien, who was Minister of Petroleum and Energy from 16 of October 2013 until yesterday…
In September 2016, privately owned Norwegian contractor Imenco launched a new division Imenco Corrosion Technology to concentrate on the promotion of its field proven anode systems globally to the offshore renewable energy sector and into late life assets in the oil and gas industry…
In his final month as US president, Barack Obama announced today (20 December) that he will ban offshore areas in the Atlantic and Arctic Oceans from future mineral extraction. The decision comes one month after the Department of the Interior…
Penspen, a provider of engineering and project management services to the energy industry, has signed a strategic alliance agreement with Nigerian engineering firm Crestech. The partnership will enable the two businesses to provide engineering…
Empyrean Energy has been awarded a permit for 100% of the exploration rights for Block 29/11, located in the Pearl River Mouth Basin (PRMB), offshore China, following a successful application to the China National Offshore Oil Corp. Empyrean…
ExxonMobil has picked SBM Offshore to perform front-end engineering and design (FEED) for the floating production and storage offload unit (FPSO) for the supermajor’s Liza development offshore Guyana. In addition, subject to a final investment decision (FID)…
Statoil’s Troll B has produced 1 billion boe since coming onstream two decades ago, with a further eight to 10 years of oil production expected, the Norwegian giant revealed today. Image of Troll B…
Independent Faroe Petroleum entered agreements with two banking facilities, which will provide substantial finance to underpin the company’s growth plans. The first, amounting to US$250 million is from the Reserve Base Lending Facility (RBL)…
Brazilian giant Petróleo Brasileiro (Petrobras) started production at the Lapa field, in the Santos basin pre-salt layer offshore Brazil. Image of the Cidade de Caraguatatuba, from Sofec. Petrobras…
With a growing realization that lower oil and gas prices are here to stay, Subsea UK has urged the industry to embrace the ‘new norm’ to safeguard the future of the UK’s £9billion (US$11 billion) subsea sector. Image of Gordon…
Petrobras, on behalf of the Libra consortium, has awarded geosciences company Benthic a contract for an offshore geotechnical investigation in the Libra field area, some 140mi off the coast of Rio de Janeiro, Brazil. Benthic’s portable…
Africa-focused independent explorer Impact Oil and Gas has raised US$12.3 million, which is plans to spend on subsurface work, including 3D seismic survey covering approximately 1900sq km, offshore Namibia. In Namibia, Impact Oil and Gas operates Blocks 2913B…
Aberdeen Harbour's plans to expand its facilities into a bay south of the existing harbour has been sanctioned by the harbour board. The £350 million project, which was recently granted planning consent in the form of Marine Licenses and a Harbour Revision Order by the Scottish Government…
GMC was awarded two further caisson fabrications contracts from North Sea operators, following its recent and first caisson installation in the North Sea earlier this year. Image of the GMC SWL Caisson…
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