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OE Activity: 2018 / October

 

New Gas Module on Stream at Troll B

Oct 30, 2018

Equinor announced Tuesday a new gas module has been put on stream on Troll B, boosting the oil production and processing capacity on the Troll field in the Norwegian sector of the North Sea. Lifting operation at the Troll B platform in the North Sea…

Life Extension for Total's Skirne and Byggve

Oct 30, 2018

Petroleum Safety Authority Norway has greenlighted Total E & P Norge AS (Total) to use Skirne and Byggve off Norway beyond the originally planned operational life to March 2024. Heimdal (Photo: Øyvind Hagen / Equinor) Skirne…

Rowan Reliance Awarded Fieldwood Contract

Oct 30, 2018

Offshore drilling contractor Rowan Companies plc announced Monday that its drillship Rowan Reliance has been awarded a contract in the U.S. Gulf of Mexico by Fieldwood Energy LLC. © Bernt Christian Egeland / MarineTraffic…

Baker Hughes Predicts Oil Market Growth, Misses On Profit

Oct 30, 2018

Baker Hughes, General Electric Co's oilfield services arm, said on Tuesday it expected higher rig count in North American and international markets in 2019. Photo: Baker Hughes The company…

Turkish Drillship to Start Mediterranean Operations

Oct 30, 2018

A Turkish drilling ship will start operating in the Mediterranean Sea on Wednesday, 100 km (62 miles) off the coast of Antalya province, Energy Minister Fatih Donmez said, adding it would aim to open two drill holes annually. © Jacob White / MarineTraffic…

Seacat Services Eyes Growing Offshore Wind Market

Oct 29, 2018

U.K. based offshore energy support vessel (OESV) operator Seacat Services said it has seen unprecedented growth in demand for crew transfer vessel (CTV) services across 2018 in offshore wind. (Photo…

Galp, ENI Give Up On Drilling for Oil Near Portuguese Coast

Oct 29, 2018

Portugal's Galp Energia and its Italian partner ENI have abandoned plans to drill Portugal's first deep-water offshore exploration well due to legal problems after injunctions and protests by environmental activists. Photo…

Equinor Finds More Oil in Arctic Field

Oct 29, 2018

Norwegian oil and gas firm Equinor has found more oil near its Johan Castberg field in the Arctic Barents Sea, the company said on Monday. file Image: a typical Equinor offshore installation (CREDIT: Equinor) The Skruis exploration well…

Norway's Aasta Hansteen Field to Start Producing Gas

Oct 25, 2018

Norway's Aasta Hansteen gas field will start production from Nov. 4 and will feed the system with 12 million cubic metres (mcm) of gas per day, it's largest owner Equinor said on Thursday. Photo: Roar Lindefjeld and Bo B…

First LNG Cargo Exported from Ichthys

Oct 23, 2018

French oil and gas major Total said on Tuesday that the first cargo of liquefied natural gas (LNG) cargo from Australia's Ichthys LNG project has been exported following the production start-up at the end of July. (File…

UK's Tullow to Ramp Up Ghana Oil Production

Oct 23, 2018

UK-based Tullow Oil aims to ramp up its oil production in Ghana to 180,000 barrels per day by the end of the year, following successful drilling of additional wells, its Ghana head Kweku Awotwi said on Tuesday. Photo…

ADNOC Offshore Says Nasr Field Facilities Completed

Oct 22, 2018

Abu Dhabi's state-owned ADNOC Offshore has completed the installation of all Nasr field facilities, said a company tweet on Sunday.''This megastructure is one of the largest supercomplexes in the world, with Nasr field contributing to ADNOC’s end of 2018 oil production capacity target of 3…

Indonesia Awards Two Oil and Gas Blocks

Oct 22, 2018

Indonesia awarded two oil and gas blocks of six auctioned by the government, deputy energy minister Arcandra Tahar told reporters on Monday.Indonesia awarded South Jambi B gas block to Hong Kong Jindi Group Ltd and Banyumas exploration block to Indonesia's PT Minarak Brantas Gas…

Shell to Invest $2 Bln Annually to Explore in Brazil

Oct 18, 2018

Royal Dutch Shell plans to invest $1 billion to $2 billion annually in oil exploration and production in Brazil through 2025, Brazilian newspaper Valor Economico reported on Thursday. Photo: Shell The…

Gazprom CEO Says Output Up This Year

Oct 18, 2018

Gazprom's output in the last nine and a half months is up by 6.8 percent year on year and the Russian gas producer expects production close to 500 billion cubic metres (bcm) this year, RIA news agency cited its chief executive as saying. Alexei…

Faroe Petroleum Gets Go-Ahead to Drill Brasse East

Oct 16, 2018

Transocean Arctic. Image: Petroleum Safety Authority Norway’s Petroleum Safety Authority (PSA) has given consent to Oil and gas company Faroe Petroleum  to drill the Brasse East well off the coast of Norway…

Wintershall Struggles to Boost Output from Norway's Maria Field

Oct 15, 2018

German oil firm Wintershall's flagship project in Norway - the Maria oil and gas field - is not meeting output expectations due to water injection issues, the company said on Monday. Photo: Wintershall The field…

Unmanned Platform Starts Production at Oseberg Vestflanken 2

Oct 15, 2018

The Oseberg Vestflanken 2 field in the North Sea came on stream on Sunday. Remote-operated from the Oseberg field center, the new Oseberg H platform is the first unmanned platform on the Norwegian Continental Shelf. Recoverable resources are 110 million barrels…

Hurricane FPSO Leaves Dubai After Upgrade, Shetlands First Oil Seen in H1

Oct 15, 2018

The Aoka Mizu floating production, storage and offloading (FPSO) vessel ordered by Hurricane Energy has left Dubai following a series of upgrades, the company said, another milestone for the group as it seeks to extract so-called fractured basement oil in Britain…

US GoM Oil Production Off 32% from Storm

Oct 12, 2018

U.S. Gulf of Mexico producers have cut oil output by 32 percent and natural gas production by 13 percent as a result of the lingering effects of Hurricane Michael, the Bureau of Safety and Environmental Enforcement (BSEE) said on Friday, citing reports from 27 companies…

U.S. Oil Firms Restoring Operations in Storm-tossed Gulf of Mexico

Oct 11, 2018

Photo courtesy of BP Oil producers on Thursday were checking Gulf of Mexico production platforms and beginning to return crews to more than 90 offshore facilities evacuated this week as Hurricane Michael moved through the Gulf…

Azinam Abandons Namibia Offshore Well

Oct 11, 2018

Azinam, financially backed by private equity firm Seacrest Capital, will plug and abandon its Prospect S well in Petroleum Licence (PEL) 71 offshore Namibia, it said on Thursday.'The anticipated stacked target reservoirs were penetrated and the well encountered wet gas shows…

Michael Shuts Nearly 40% of U.S. Gulf of Mexico Oil Output

Oct 10, 2018

© bomboman / Adobe Stock Nearly 40 percent of daily crude oil production and more than one-third of natural gas output was lost from offshore U.S. Gulf of Mexico wells on Wednesday because…

Kosmos Energy Abandons Offshore Well in Suriname

Oct 10, 2018

U.S. headquartered oil and gas company Kosmos Energy said on Wednesday it will abandon an offshore well in Suriname because it failed to find oil, the second well it plugged in the region in recent months for the same reason.Kosmos said the…

Storm Shuts Nearly 40% of US GoM Oil Output

Oct 09, 2018

Nearly 40 percent of daily crude oil production was lost from offshore U.S. Gulf of Mexico wells on Tuesday due to platform evacuations and shut-ins ahead of Hurricane Michael. (Image: NOAA) Since Monday…

British North Sea Oil Costs, Spending on the Rise

Oct 09, 2018

The costs and operating expenditure needed to produce oil and gas in the British North Sea are set to rise both in overall and in per-barrel terms this year compared with 2017, the country's regulator for the sector said on Tuesday. © pxl…

U.S. Crude Rises as One-fifth of Oil Production Lost Ahead of hurricane

Oct 09, 2018

U.S. crude prices were modestly higher on Tuesday as nearly one-fifth of daily oil production was lost from offshore Gulf of Mexico wells due to Hurricane Michael. Photo: Chevron Oil producers including Anadarko Petroleum Corp…

GoM Offshore Platforms Evacuated Ahead of Hurricane

Oct 08, 2018

Energy companies on Monday halted nearly a fifth of Gulf of Mexico oil production and evacuated staff from 10 platforms as Hurricane Michael intensified and headed for a path up the eastern U.S. part of the Gulf. (Image: NOAA) BHP Billiton…

Equinor Evacuates GoM Platform Ahead of Storm

Oct 08, 2018

Norweigan state-oil company Equinor on Monday evacuated personnel from its Titan oil platform in the U.S. Gulf of Mexico ahead of Hurricane Michael, a spokesperson for the company said. (Image: NOAA) Other Gulf of Mexico producers…

Exxon Mobil Pulls Staff From Gulf Platform Ahead of Tropical Storm Michael

Oct 08, 2018

Photo courtesy of ExxonMobil Exxon Mobil said on Monday it was evacuating personnel from a Gulf of Mexico platform as Tropical Storm Michael approached the U.S. Gulf of Mexico.The world's…

Equinor's Martin Linge Field Costs Rise Again, Start-up Delayed

Oct 08, 2018

Norway has again revised up the estimated cost of developing the Martin Linge oil and gas field, which state-controlled Equinor bought from France's Total last year, with the start-up delayed until 2020, according to the fiscal budget. Martin…

Solstad Offshore Bags Contract for Normand Reach

Oct 08, 2018

CSV Normand Reach. Image - Solstad Offshore ASA Offshore vessel owner Solstad Offshore has been awarded a contract with Global Sea Mineral Resources (GSR), part of DEME Group, for its construction support vessel (CSV) Normand Reach…

Cyprus Invites Bids to Explore for Offshore Gas

Oct 05, 2018

Offshore platform. Image - ExxonMobil Australia The government of Cyprus has invited companies to bid on a new energy exploration zone off the coast of Cyprus, said a report in Kathimerini News…

Norway's Goliat Oilfield to Restart by Friday

Oct 04, 2018

Oil production at Eni's Arctic Goliat field off the coast of Norway will restart by Friday following maintenance, the company told Reuters on Thursday. (Photo: Eni) The restart had originally been planned for Oct…

North Sea Heliports Alliance, Aberdeen Airport Join for Offshore Wind Rollout

Oct 04, 2018

Image - Den Helder Airport The six largest heliports in Europe have official launched the North Sea Heliports Alliance (NSHA)  to prepare the oil and gas industry for the impending roll-out of offshore wind projects…

Petrobras Test Well at Mero Field Reached 58,000 BPD

Oct 03, 2018

Oil company Petróleo Brasileiro SA, or Petrobras, said on Wednesday it finished a long-term test at the Mero field in the Libra pre-salt area with positive results. FPSO Pioneiro De Libra (Photo: Teekay) The…

Eesti Gaas Orders LNG Bunkering Vessel for Baltic Sea

Oct 02, 2018

Image: Eesti Gaas Estonian energy company Eesti Gaas has placed an order for an LNG (liquefied natural gas)  bunker vessel with bunker tank capacity of 6,000 m3.  The new vessel will…

Mexico Must Boost Oil Exploration to Halt Output Fall -Pemex

Oct 01, 2018

Mexico will need to double to about $4 billion its annual oil exploration investment to reverse a 14-year decline in output, a move that will require more funding by Pemex and private producers, a top official with the state-run firm said Friday…

Current News

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Cooper's Sole Offshore Gas Field to Go Online by February End

Where Next for Exploration in Asia Pacific?

Where Next for Exploration in Asia Pacific?

Pertamina, Petronas Swapping Crude Oil

Pertamina, Petronas Swapping Crude Oil

China Cuts Gasoline, Diesel Retail Prices

China Cuts Gasoline, Diesel Retail Prices

Petronas Carigali Charters Alam AHTS

Petronas Carigali Charters Alam AHTS

Petrofac Lands Huge Offshore Deal with ADNOC

Petrofac Lands Huge Offshore Deal with ADNOC

Petronas' 2nd FLNG Sets Sail for Malaysian Offshore Field

Petronas' 2nd FLNG Sets Sail for Malaysian Offshore Field

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