Petrobras announced Friday it has started producing oil and natural gas through the P-67 floating, production, storage and offloading unit (FPSO), in the deepwater Lula Norte area, in the pre-salt of Santos Basin offshore Brazil.The FPSO is located approximately 260 kilometers off Rio de Janeirot…
Germany's largest crude oil and natural gas producer Wintershall Holding has appointed Helge Beuthan as new general manager of its Middle East division in Abu Dhabi.Beuthan, the current vice president for global subsurface evaluation, would…
Australian company Talon Petroleum has agreed to buy 100% of EnCounter Oil in line with its target to scale-up its UK North Sea portfolio.The acquisition, which is for an undisclosed amount and subjected to shareholder approval, is more than doubling the size of Talo's North Sea portfolio…
A newly introduced preservation fluid is designed to provide long-term protection for subsea equipment components and interface profiles.The environmentally friendly Defender Stasis LT from Universal Subsea Inc. (USI) is a lightweight, nontoxic…
American utilities signed contracts for 4,304 megawatts (MW) of wind power in 2018 that, when combined with non-utility purchases, reached the highest level on record for overall Power Purchase Agreements (PPA) activity with 8,507 MW in 2018…
Soil Machine Dynamics (SMD) Shanghai has completed the manufacture and commissioning of a Quantum MkIII work-class remotely operated vehicle (WROV) at itsLingang facility.This is the first WROV to be built at their facility since its opening in 2018…
UAE-headquartered offshore drilling contractor Shelf Drilling has received a contract award for one of its jack-up rigs with Belayim Petroleum Company (Petrobel) for operations in the Gulf of Suez, offshore Egypt.According to a press release from the shallow water offshore drilling contractor…
Lundin Petroleum raised its output guidance on Wednesday and said it would drill a record number of exploration wells in 2019.The company now expects output of over 150,000 barrels of oil equivalents per day (boepd) in 2020 from a previous forecast of more than 130…
Danish offshore wind developer Orsted reported full-year profit above expectations on Wednesday and said it would consider restarting its activities in Taiwan following a new proposal from the local government.Orsted earlier this month put two…
Oil giant BP has extended Odfjell Drilling’s maintenance service contract on three North Sea platforms.'BP has awarded Odfjell Drilling a contract for platform drilling and maintenance services on three of its platforms in the UK North Sea,'…
The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for a wildcat well in the North Sea.The NPD said on Tuesday that the wildcat well, designated 16/1-31 S, would be drilled from the Leiv Eiriksson drilling…
Kongstein, the European service provider focused at offshore engineering and maritime logistics, has signed a Memorandum of Understanding (MoU) with U.S.-based Green Shipping Line to provide a complete offshore wind farm supply solution in the United States…
TechnipFMC announced Tuesday it has been awarded an integrated engineering, procurement, construction and installation (iEPCI) contract from Lundin Norway for the Luno II and Rolvsnes development, located in the North Sea at a water depth of 110 meters…
The Netherlands based offshore services provider Vryhof and its mooring business Deep Sea Mooring (DSM) on Tuesday announced the signing of a multi-year agreement with offshore drilling company Diamond Offshore.Under the terms of the deal, DSM…
CNOOC announced Tuesday it has made a significant discovery on the Glengorm prospect, located in the Central North Sea of the U.K. continental shelf (UKCS), with recoverable resources estimated at close to 250 million barrels of oil equivalent…