Norwegian oil and gas operators Wintershall DEA Norge and Equinor have signed a supply vessel sharing agreement.Under the agreement, the two companies will collaborate in supplying platforms close to Wintershall's Brage platform in the North Sea…
Norwegian oil company Equinor has extended helicopter services contracts with offshore helicopter operator CHC in Norway.CHC said Tuesday the extensions with Equinor were for both the Tampen/Oseberg and Heidrun contracts for one year, effective from September 2020 to August 2021…
Italian offshore services company Saipem has completed offshore installation works in the Adriatic Sea at the Trans Adriatic Pipeline (TAP) project.TAP will transport natural gas from the giant Shah Deniz II offshore field in the Azerbaijani sector of the Caspian Sea to Europe…
Offshore platform installation works are set to begin at Byron Energy's U.S. Gulf of Mexico operator South Marsh Island 58 G offshore block.Byron said Tuesday that a material barge would arrive at a construction yard near New Iberia, LA to begin load out of the SM58 G platform jacket pilings…
Energy services provider Petrofac has been awarded an Engineering and Project Management Office support contract for the Acorn carbon capture and storage project in the UK North Sea.Acorn CCS holds the first UK CO2 appraisal and storage license…
TEPCO Renewable Power, a unit of Tokyo Electric Power Company Holdings, plans to spend about 1-2 trillion yen ($9-18 billion) to develop 6-7 gigawatts (GW) of offshore wind and hydroelectric power projects by 2035, its president said.'We aim…
About 31%, or 575,541 barrels per day (bpd), of offshore crude oil production remain[ed] shut in the U.S.-regulated Gulf of Mexico on Tuesday following the passage of Tropical Storm Cristobal, the U.S. government said.About 33%, or 898.32 million cubic feet a day (cfd)…
Enterprise Products Partners LP is working with U.S. officials to advance an offshore crude terminal project after the review schedule was suspended last week, the company said.Enterprise and Enbridge Inc agreed late last year to jointly develop a U…
Occidental Petroleum Corp has begun returning staff to some of its Gulf of Mexico facilities after storm Cristobal moved away from the region, the company said on Monday.The company plans to return workers to all facilities on Tuesday and resume production when safe…
Oil and gas firm Bahamas Petroleum Company, expected to spud its first well offshore the Bahamas later this year, has expanded its portfolio.The company on Tuesday said it has been awarded the AREA OFF-1 petroleum licence offshore Uruguay. According to Bahamas Petroleum…
Norwegian energy company Equinor has made an investment decision to partly electrify the Sleipner field in the North Sea, offshore Norway.Equinor, with its partners Vår Energi, LOTOS and KUFPEC on Tuesday filed a revised plan for development and operation to the authorities…
Oslo-based Applied Petroleum Technology has secured a contract with UK North Sea operator Chrysaor. Under the contract of an undisclosed fee, APT will provide geochemical and petroleum systems analyses at the Armada hub facility and exploration…
British oil major BP will lay off 10,000 people by the end of the year in a move to cut costs, the company's CEO Bernard Looney said in a social media post on Monday.Looney said: 'The oil price has plunged well below the level we need to turn a profit…
Singapore's Temasek Holdings stepped in on Monday to support a S$2.1 billion ($1.5 billion) rights issue by Sembcorp Marine as the state investor moves to help the city-state's struggling rig-building sector.Following the deal, loss-making Sembcorp Marine…
Norwegian oil company Aker BP has ordered the topside and steel substructure from Kvaerner for the normally unmanned wellhead platform at the Hod field. Kvaerner said the deal means that laid-off staff would return to work at its Verdal yard…
