Total moves Tyra project into the next phase following jacket installation
French oil major Total has installed two new jackets for the Tyra field redevelopment project located in the Danish North Sea. The jackets for the Tyra Future Development Project sailed away from...
View ArticleWintershall Noordzee brings third Sillimanite well online
Wintershall Noordzee, a 50:50 Joint Venture of Wintershall Dea and Gazprom, has drilled the Sillimanite South field discovery well and directly converted it into a development sidetrack. The unitized...
View ArticleCNOOC kicks off production from another project offshore China
Oil and gas company CNOOC Limited has started production from the Jinzhou 25-1 Oilfield 6/11 Area located offshore China. Jinzhou 25-1 oilfield 6/11 area is located in central Liaodong Bay in Bohai...
View ArticleSchlumberger and Milaha ink cooperation deal in Qatar
Milaha, a maritime and logistics organizations in the Middle East, has entered into a formal agreement to cooperate with a giant American oilfield services firm, Schlumberger. The Offshore &...
View ArticleUK regulator ‘exploring tougher measures’ on flaring and venting of...
The UK’s petroleum regulator, the Oil and Gas Authority (OGA), has decided to scrutinise requests for flaring and venting of greenhouse gases offshore the UK to drive improved performance, aiming to...
View ArticleValaris gains access to additional liquidity
Offshore drilling contractor Valaris has executed a new term loan credit agreement, gaining access to additional liquidity as it is working through its Chapter 11 bankruptcy process. Valaris...
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Equinor closes Hammerfest LNG after fire
Norwegian energy giant Equinor has shut down its Hammerfest LNG export plant following a fire in an oil-powered turbine at the facility. Hammerfest LNG (Image: Einar Aslaksen/Equinor) Equinor said the...
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Equinor makes oil and gas discovery in North Sea
Norwegian oil and gas giant Equinor has made an oil and gas discovery in the Swisher prospect near the Fram field in the North Sea offshore Norway. Equinor, as the operator of the production licence...
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Hyundai Heavy books $360 million order for VLCC quartet
South Korean shipbuilder Hyundai Heavy Industries (HHI), part of Korea Shipbuilding & Offshore Engineering Co., has secured an order for the construction of four very large crude carriers (VLCCs)....
View ArticleLundin: Edvard Grieg reserves increased by 50 million barrels of oil equivalent
Lundin Energy has said that the Edvard Grieg field reserves have been increased by 50 million barrels of oil equivalent and plateau production extended to late 2023. The Lundin-operated Edvard Grieg...
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Sovcomflot hands back Polarcus seismic vessel
Sovcomflot Marine seismic player Polarcus has taken delivery of geophysical exploration vessel Ivan Gubkin. Ivan Gubkin (previously Polarcus Amani) has been on charter to Russian shipping company...
View ArticleJDR lands Azerbaijan deal
Subsea cabling specialist JDR has won a contract to supply a 5.5-kilometre 33kV fiber optic power cable and a steel tube subsea isolation valve (SSIV) umbilical for a BP platform project offshore...
View ArticleADNOC L&S wins 25-year deal to service petroleum ports in Abu Dhabi
ADNOC Logistics and Services, the shipping and maritime logistics subsidiary of the Abu Dhabi National Oil Company, has signed a 25-year deal to service all petroleum ports in Abu Dhabi on behalf of...
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Rystad expects swift recovery in offshore oil and gas pipeline market led by...
The global oil and gas market demand for a large-diameter offshore pipeline, known as trunkline, is set for an annual drop of 26 per cent this year, with the size of total installations forecasted to...
View ArticleSeaBird eyes renewables; South America project canned
Seismic player SeaBird Exploration said that its source contract announced on 20 April 2020 has been terminated by the charterer. Namely, the Oslo-listed SeaBird secured a letter of award in April for...
View ArticleKeppel to review offshore & marine business amid challenging environment
Singapore’s conglomerate Keppel Corporation has decided to review its offshore & marine business as part of its overall strategy and roadmap amid the sector’s challenging environment. In an update...
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Vaalco plans new seismic survey over Etame block in hunt for drilling locations
In connection with planning for future drilling programs at the Etame Marin block offshore Gabon, Vaalco Energy will begin acquiring and processing new 3D seismic data in the fourth quarter of 2020....
View ArticleSolstad vessel wins five-year job in Australia
Norwegian vessel owner Solstad Offshore has been awarded a long-term contract for its platform supply vessel with “a major international company” in Australia. Solstad said on Thursday that the...
View ArticleMaersk Drilling lands new North Sea gig with Dana
Offshore drilling contractor Maersk Drilling has secured a contract with Dana Petroleum to drill two development wells as part of Project Unity in the Dutch North Sea, but it has also received a...
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Margareth Øvrum joins TechnipFMC board
London-based TechnipFMC has appointed Margareth Øvrum, executive vice president of Equinor, Development and Production Brazil, to its board of directors, effective 1 October 2020. Øvrum, 62, has over...
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