Aker BP taps into new Optime Subsea technology
Optime Subsea is launching a technology that removes umbilical controlled tubing hanger operations with Aker BP as its first user. According to Optime, the system aims to increase safety, and reduce...
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Go-ahead for Neptune to use Deepsea Yantai rig for Gjøa production drilling
Norwegian offshore safety body, the Petroleum Safety Authority (PSA), has given its consent to Neptune Energy for production drilling on the Gjøa field off Norway using the Deepsea Yantai...
View ArticleWintershall Dea: Hydrogen from natural gas instrumental in decarbonisation of...
German oil and gas company Wintershall Dea believes that hydrogen from natural gas will be instrumental in the decarbonisation of energy system and that the much-needed hydrogen market will not...
View ArticleDEME Offshore gets on board PosHYdon project
DEME Offshore has joined the team behind the PosHYdon project that aims to integrate offshore wind, offshore gas, and offshore hydrogen in the Dutch part of the North Sea. Within the project, DEME...
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EIA: U.S. LNG feedgas deliveries lowest since October 2019
Natural gas deliveries to U.S. facilities producing liquefied natural gas for export (LNG feedgas) slipped to the lowest levels since October 2019. Courtesy of Cheniere The volumes declined to 5.6...
View ArticleChevron plans to reduce workforce by up to 15 per cent this year
Oil major Chevron is planning to reduce its nearly 45,000-strong workforce by 10 to 15 per cent this year due to negative impacts of the coronavirus pandemic coupled with a sharp decline in oil and...
View ArticleMermaid deputy CEO resigns
Subsea and drilling services provider Mermaid said that Philippe Grasset has submitted his resignation as deputy chief executive officer of the company. The parties have agreed that the effective date...
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PHOTO: Allseas vessel up and running on Karish pipeline offshore Israel
Solitaire start-up on Karish; Source: Allseas Allseas’ Solitaire pipelay vessel is now working on Energean’s Karish pipeline project located offshore Israel. Solitaire returned to Rotterdam in April...
View ArticleU.S. weekly offshore rig count flat for two weeks in a row
The number of active offshore rigs in the U.S. remained flat at 12 units for the second week running, according to the latest weekly rig count report by Baker Hughes. Baker Hughes Rig Count: U.S. -17...
View ArticleIOG hires Petrofac for well management job in North Sea
Petrofac’s Engineering & Production Services business (EPS) has secured a well management contract for Phase 1 of Independent Oil and Gas’ (IOG) Core Project located off the UK. IOG’s Core Project...
View ArticleMartin Gilbert named chair of OGTC
The Oil & Gas Technology Centre (OGTC) has appointed Martin Gilbert as chair of the Aberdeen-based research and technology organisation. He will succeed Archie Kennedy who has been vice chair and...
View ArticleSuncor puts out fire on Terra Nova FPSO
A fire on board Suncor Energy’s Terra Nova FPSO, located offshore Canada, was reported to the Canadian offshore regulator on Saturday. The fire has since been extinguished. Canada-Newfoundland and...
View ArticleIneos farms out two Norwegian licenses to Lime Petroleum
Rex International’s 90 per cent subsidiary, Lime Petroleum, has completed the acquisition of a 15 per cent stake in two Ineos’ licenses in the Norwegian Sea. Rex International said on Monday that the...
View ArticleFormer Santos man to take COO role at Beach Energy
Oil and gas company Beach Energy has appointed a new chief operating officer (COO) of the company. Beach Energy said on Monday that Ian Grant was set to take the role of chief operating officer. Grant...
View ArticleMMA vessel to support stranded Australian FPSO
Offshore vessel provider MMA Offshore has been awarded a support contract with Upstream Production Solutions for which the MPSV Mermaid Searcher will be used. Earlier this year, the Australian...
View ArticleQatar Petroleum inks $19.2 bln LNG shipbuilding deal
Qatar Petroleum has inked three deals with South Korean shipbuilders reserving slots for its LNG tanker fleet expansion valued over $19 billion. Qatari giant said on Monday it has signed deals to...
View ArticleSeadrill takes $1.2 billion impairment and moves to ditch NYSE listing
Offshore drilling contractor Seadrill booked a huge loss in the first quarter of the year due to impairment charges amid a significant reduction in global oil demand. In addition, Seadrill has decided...
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BP Southern Africa gets new chief executive officer
British oil major BP has named a new chief executive officer (CEO) of its BP Southern Africa (bpSA) entity. Taelo Mojapelo; Source: African Energy Chamber BP said on Monday that Taelo Mojapelo was...
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Aker Solutions CFO to leave
Norwegian engineering company Aker Solutions has said that Ole Martin Grimsrud will resign as its chief financial officer (CFO). Grimsrud will leave the company 1 September 2020 to pursue other...
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Green light to Ineos for Cavendish field decommissioning plan
UK authorities have approved Ineos’ decommissioning plan for the removal of the Cavendish platform and associated pipelines located in the UK southern North Sea. The Cavendish field is located some...
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