Oil And Gas News

 

Passive Monitoring Systems Deployed for Australian Projects

Aug 22, 2024

Sentinel Subsea has deployed monitoring systems in Australia to support the decommissioning of subsea assets for a major client in collaboration with Baker Hughes.Two of the company’s passive subsea integrity monitoring systems, WellSentinel™ Coral…

Norway Eyes Increased Oil and Gas Exploration Through 2050

Aug 21, 2024

According to the Norwegian Offshore Directorate's projected scenarios leading up to 2050, the difference between high and low production of oil and gas can amount to nearly an entire government pension fund.Norway still has extensive oil and gas resources on the Norwegian continental shelf (NCS)…

First Oil from Norway's Balder X Delayed ... Again

Aug 21, 2024

Norway's Vaar Energi has again postponed the startup of its North Sea Balder X oil and gas project, planning to begin output in the second quarter of 2025 rather than by the end of this year, the company said on Wednesday.Plagued by cost overruns and delays…

Environmental Group Backs Out of Scarborough Litigation

Aug 19, 2024

Woodside and the Australian Conservation Foundation (ACF) have agreed to dismiss the ACF’s challenge to a primary environmental approval for Woodside’s Scarborough Energy Project.The Scarborough Energy Project has all primary environmental approvals in place and offshore work is progressing well…

"We have had a well control incident at Gullfaks C" says Equinor

Aug 18, 2024

Norway's Equinor shut down production at its Gullfaks C platform in the North Sea on Sunday and evacuated some workers as a precaution following a well incident, a company spokesman said.'We have had a well control incident at Gullfaks C,' said a company spokesperson…

New Project Marks Tipping Point for Subsea Electrification

Aug 18, 2024

OneSubsea™, an SLB joint venture, recently announced a contract award for its all-electric subsea production system, and John Macleod, vice president of technology and strategy at SLB OneSubsea, sees it as the onset of a tipping point.“Large…

Esgian Week 33 Report: New Contracts in North Sea, Nigeria

Aug 18, 2024

Esgian provides an update on new jack-up contracts in the North Sea and Nigeria in its Week 33 Rig Analytics Market Roundup.Report SummaryContractsBorr Drilling 400-ft jackup Prospector 1 has secured a contract extension with ONE-Dyas for work offshore the UK and the Netherlands…

Subsea7 Scoops Gulf of Mexico Contract

Aug 16, 2024

Subsea7 today announced the award of a sizeable contract in the US Gulf of Mexico worth between $50 million and $150 million.The scope of work includes engineering, procurement, construction, and offshore installation of a water injection flowline…

Subsea7 Hires GEG to Fabricate Subsea Spools for Aker BP’s Yggdrasil Field

Aug 15, 2024

Global Energy Group (GEG) has been awarded a contract from Subsea7 Norway, to fabricate 134 subsea spools for the Aker BP-operated Yggdrasil field in the North Sea.The work will be executed from GEG’s flagship multi-user energy facility at the Port of Nigg…

Valeura Produces First Oil from Nong Yao Extension Off Thailand

Aug 15, 2024

Canada-based oil and gas company Valeura Energy has produced first oil from its Nong Yao C development offshore Thailand.The first three of the seven Nong Yao C development wells were opened up for oil production on August 15, 2024, with additional wells to be brought online successively thereafter…

Borr Drilling Takes Delivery of Fourth Jackup

Aug 14, 2024

Seatrium has delivered its fourth jackup rig, Vali, to Borr Drilling from its Pioneer Yard in Singapore about a year ahead of its planned delivery next year.Vali is a KFELS Super B Class rig, specifically engineered to operate in water depths…

Guyana Hammerhead Oil Project Plan Expected in 2025

Aug 14, 2024

A development plan for Guyana's seventh offshore oil project is expected early next year, Natural Resources Minister Vickram Bharrat said on Wednesday, and would bring the South American nation's total oil production to more than 1.4 million barrels per day…

Germany Seeks Arrest of Ukrainian Diver in Nord Stream Probe

Aug 14, 2024

Germany has asked Poland to arrest a Ukrainian diving instructor who was allegedly part of a team that blew up the Nord Stream gas pipelines two years ago, according to reports in German media published on Wednesday.However, one media outlet said the man appeared to be no longer living in Poland…

DNO Norge Gets Clearance for North Sea Drilling Operation

Aug 14, 2024

The Norwegian Offshore Directorate (NOD) has granted DNO Norge a drilling permit for a wildcat well in the North Sea, to be conducted using Noble Corporation's Noble Invincible ultra-harsh environment jack-up rig.The drilling permit is for a wellbore2/6-7 S in production license 1086…

Brazil Environmental Workers Agree to Stop Strike Affecting Oil Permits

Aug 13, 2024

A union representing Brazil's federal environment workers said it had signed an agreement with the government to end a strike affecting oil and gas licenses in Latin America's largest economy, according to a press release on Monday.The union Ascema…

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