Equinor has still not identified the source of an oil spill at its Statfjord field in the North Sea, and the loading of crude onto tankers remains shut, the Norwegian company told Reuters on Thursday.The leakage consisted of 'small observations' of oil on the surface of the ocean…
Oil prices rose on Thursday for a third day running as fears of supply disruption amid heightened tensions in the Middle East overshadowed swelling U.S. crude inventories.Brent crude futures were up $1.03 cents at $72.80 a barrel by 1344 GMT…
The Norwegian Petroleum Directorate (NPD) has granted Equinor consent for start-up of the Trestakk field in the Norwegian Sea. Equinor plans start-up during the month of May 2019.Consent for start-up of Trestakk is granted to the licensees in production licence PL091…
The Jasmine field, operated by Mubadala Petroleum, is located 200 kilometers south of Bangkok. This field has a sandstone reservoir and is highly complex and compartmentalized. Many good sands have a thickness of about 30 feet to 40 feet, reservoir pressure is supported by a strong aquifer…
Norwegian oil company Equinor announced Monday it has acquired an additional 22.45% stake in the deepwater Caesar Tonga oilfield in the U.S. Gulf of Mexico from Shell for $965 million in cash.The Andarko-operated Caesar Tonga field is located in 1…
British oil and gas company Hurricane Energy started up its Lancaster field west of Scotland's Shetland Islands, it said on Monday, pushing its shares up 6 percent to a seven-week high.Hurricane specializes in recovering oil from fractures in…
Production at Norway's Oseberg oil and gas field, whose crude is a part of global oil benchmark Brent, is expected to remain shut for eight days, longer than previously anticipated, the company said on Friday.Production at the field was shut…
DNV GL has launched Deep Search, a technology that will enable secure, fast and efficient processing of company knowledge and data. Deep Search is a cognitive “mining” tool that uses text and image recognition technologies making it possible to search for text in different format of documents…
Anadarko Petroleum, the U.S. independent energy group in the midst of a takeover, said on Wednesday it was ready to make a final investment decision on its $20 billion liquefied natural gas (LNG) project in Mozambique on June 18.Chief executive…
Engineering house KBR has been awarded a contract to support BP's Greater Tortue Ahmeyim Project, off Senegal and MauritaniaThe work is an engineering, procurement and construction management (EPCM) contract to provide facilities integration…
Royal Dutch Shell plans to carry out maintenance at an oilfield offshore Sabah in eastern Malaysia, reducing the volume of Kimanis crude exports in July, four sources said on Thursday.Kimanis is Malaysia's largest export grade and the drop in shipments is expected to tighten Asian crude supplies…
UK-based asset integrity firm ICR has acquired drone inspection company Sky-Futures Partners. ICR says the acquisition facilitates the next phase of ICR’s inspection service offering. Sky-Futures has eight years of experience in 28 countries…
Otto Energy now owns 100% interest in the VR 232 license in the shallow water US Gulf of Mexico after acquiring the remaining 50% working interest Byron Energy.VR 232 is adjacent to Otto’s 50% owned South Marsh Island Block 71 oil field and production platform…
US oil major ConocoPhillips has picked TechnipFMC to supply the subsea production system for its Barossa in the Timor Sea, offshore Australia, according to partner Australian oil and gas producer Santos . The contract includes the engineering…
Canadian headquartered engineering group SNC-Lavalin has been awarded two sub-contracts to support Woodside's Scarborough gas field development project in Western Australia.Under the two contracts, SNC-Lavalin will provide front end engineering…
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