Equinor on Saturday, December 12, kicked off production from its Snorre Expansion Project in the North Sea, offshore Norway.The project, which will add almost 200 million barrels of recoverable oil reserves and help extend the productive life of the Snorre field through 2040…
There are around 200 offshore oil and gas projects currently being planned for development using a floating production system, however, at around $2B apiece – some up to $5B – final investment decisions will depend on the market situation and the outlook for oil and gas doesn’t seem too bright…
Chinese oil giant CNOOC has kicked off infill drilling operations at its Weizhou 6-12 Fields of Block 22/12, Beibu Gulf, offshore China.The news was shared Friday by CNOOC's partner Horizon Oil, which said that the two well infill drilling program…
Dutch power grid operator TenneT has ordered the offshore wind transformer substation Hollandse Kust (west Alpha) from the Engie Solutions-Smulders joint venture.This contract follows a similar one signed earlier this year, when the construction…
Norwegian offshore oilfield equipment maker Aker Solutions has signed a letter of intent with compatriot Equinor for the delivery of a subsea production system to the Kristin Sør oil and gas satellite fields offshore Norway.The contract value is about NOK 1 billion ($114…
Australia's Karoon Energy has offloaded its first oil cargo from the Baúna offshore oil field in Brazil it recently bought from Petrobras.The shipment produced by the FPSO Cidade de Itajaí, amounted to over 500,000 barrels of oil.The cargo…
E-commerce and cloud computing giant Amazon has signed a 10-year corporate power purchase agreement with offshore wind firm Ørsted.In what has been described as Europe's largest ever offshore wind power purchase deal, Amazon has committed to…
French oil major Total in October struck its second significant discovery offshore South Africa, at the Luiperd-1X well.Luiperd well was drilled to a total depth of about 3,400 meters and encountered 73 meters of net gas condensate pay in well-developed good quality Lower Cretaceous reservoirs…
Malaysian oil and gas operator Hibiscus Petroleum has said that the final investment decision for the development of its Marigold cluster in the UK North Sea, will be made in March 2021, and not in December 2020, as previously expected, citing Covid-19 effects…
Following a record-breaking hurricane season in the U.S. Gulf of Mexico, with several production shut-downs across the region, oil and gas firm W&T Offshore on Tuesday increased its oil output forecast for the fourth quarter of 2020.The company…
The Norwegian authorities have approved Aker BP's development and operation plan for the Hod field in the Norwegian part of the North Sea.Aker BP submitted the plan for development and operation of the Hod offshore field to the Ministry of Petroleum and Energy in June…
Japanese FPSO contractor Modec has ordered six compressors from MAN Energy Solutions for an FPSO destined for Woodside-operated Sangomar field, offshore Senegal.Sangomar, located approximately 100 km south of Dakar, Senegal, together with the nearby Rufisque and Sangomar Offshore blocks…
Australia's no. 2 independent gas producer Santos Ltd said on Monday it signed a 10-year agreement to supply liquefied natural gas (LNG) from its Barossa project to a unit of Japan's Mitsubishi Corp.Santos will supply Diamond Gas International 1…
Denmark's oil and gas output from the North Sea will fall faster than currently projected because the country's decision to phase out hydrocarbon production will lead to lower investments, the climate, and energy minister said on Friday.Denmark…
Malaysia Vietnam Offshore Terminal's FSO Golden Star has received the first condensate at the Sao Vang and Dai Nguyet (SVDN) Project offshore Vietnam.MVOT is a 51% MISC Berhad (MISC) owned joint venture with PetroVietnam Technical Services Corporation (PTSC)…