Neptune Energy set to spud Dugong well in North Sea
Neptune Energy will start drilling the Dugong well, located in the North Sea offshore Norway, by 19 June 2020. The Dugong well is located in licence PL882, which is operated by Neptune Energy with a...
View ArticleTriangle shuts in production from two Cliff Head wells
Australia-based oil producer Triangle Energy has shut-in production from two wells on its Cliff Head oil field located offshore Australia. Triangle said on Thursday that production from Cliff Head 7...
View ArticleCheiron sees first oil from appraisal well offshore Egypt
PICO GoS Limited, a Cheiron Group company, has achieved the first oil production from its appraisal well GNN-4 in the Geisum Concession in Egypt’s Gulf of Suez. The Geisum Concession is located...
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Chevron selling stake in Australia’s NWS LNG project
US energy giant Chevron is selling its stake in the Australian North West Shelf LNG venture after drawing interest from potential buyers. Karratha gas plant, NWS project (Image: Woodside) The company...
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Rystad: 282 billion barrels to stay in the ground as Covid-19 hastens peak oil
In its global energy outlook, Rystad Energy revealed that the Covid-19 downturn will expedite peak oil demand, putting a lid on exploration efforts in remote offshore areas and as a result reducing...
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Perenco advances Pickerill decommissioning with topsides removal
Decommissioning services specialist Petrodec has completed skidding operations for the topside removal of Perenco’s Pickerill A unmanned platform, located offshore the UK. Petrodec said that the...
View ArticleFugro to support Seamec on ONGC project in India
Fugro has secured a three-year inspection, repair and maintenance (IRM) contract with Seamec to support its asset management project for ONGC off India. Fugro will provide Seamec with work class...
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Chevron files Gorgon expansion plan for NOPSEMA review
US energy giant Chevron has filed an environmental plan to NOPSEMA addressing the installation of the subsea infrastructure associated with the Gorgon stage 2 project. Courtesy of Chevron Chevron...
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Norway launches APA 2020 offshore licensing round
The Norwegian Ministry of Petroleum and Energy announced the APA 2020 licensing round on Friday, comprising the predefined areas with blocks in the North Sea, the Norwegian Sea, and the Barents Sea....
View ArticleShelf Drilling hit by another early termination of jack-up contract
Shelf Drilling has received an early termination of a drilling contract for a jack-up rig operating offshore Egypt. Shelf Drilling said on Friday it has received a notification from a customer on...
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Rystad: Oilfield services demand to drop by 25 per cent due to Covid-19 downturn
The Covid-19-caused downturn is set to cause a 25 per cent yearly drop in global demand for oilfield services (OFS), a Rystad Energy analysis shows. Rystad said on Thursday that OFS spending was...
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Equinor gears up for pilot hole in North Sea
Equinor has received consent from the Petroleum Safety Authority (PSA) for exploration drilling in the North Sea offshore Norway using the Deepsea Atlantic rig. Deepsea Atlantic rig; Source: Odfjell...
View ArticleOPEC pushes for full conformity in oil output cuts over next three months
OPEC’s Joint Ministerial Monitoring Committee (JMMC) has made assurances of achieving 100 per cent conformity in oil production cuts from all participating countries during the next three months. The...
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Norwegian oil output in May above expectations
Norwegian oil production has been above predictions made by the Norwegian Petroleum Directorate (NPD) for the second month in a row. According to the directorate’s report on Friday, preliminary...
View ArticlePolarcus restructures with 20% headcount reduction
Polarcus is taking further actions to streamline its business and adjust operational capacity to align with current market conditions. This follows on the $15 million cost reduction plan implemented...
View ArticleHusky spills anti-microbial agent from SeaRose FPSO
Husky Energy has reported an unauthorized discharge from the SeaRose FPSO, located on the White Rose field off Canada, to the Canadian offshore regulator. The SeaRose FPSO is located in the White Rose...
View ArticleCyberhawk inks five-year software deal with Shell. Becomes oil major’s global...
A remotely operated aerial vehicle (ROAV) inspection and survey company Cyberhawk has secured a five-year, multimillion-dollar software contract with oil major Shell. Cyberhawk is the creator of...
View ArticleSpirit Energy preparing for North Sea wildcat
The Norwegian Petroleum Directorate (NPD) has granted Spirit Energy a drilling permit for a wildcat well in the North Sea offshore Norway. The well, named 16/1-33 S, will be drilled from the Leiv...
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GALLERY: Giant Pioneering Spirit vessel removes another Brent platform for Shell
Allseas’ heavy lift vessel Pioneering Spirit has completed its first decommissioning job of this summer, the single-lift removal of Shell’s Brent Alpha platform from the North Sea. Several years of...
View ArticleTalos Energy buys Gulf of Mexico assets from Castex
U.S.-based oil and gas company Talos Energy has executed a definitive agreement to acquire selected U.S. Gulf of Mexico assets from an affiliate of Castex Energy. Talos said on Monday that it had...
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