The Bureau of Ocean Energy Management has approved Equinor and Shell’s transaction announced in May 2019, whereby Equinor exercised its preferential right to acquire 22.45% interest in the Caesar Tonga oil field from Shell Offshore for a total consideration of USD 965 million in cash. [Read more…] about Equinor completes acquisition with Shell in the US Gulf of Mexico
Stork gets contract extension for Centrica Storage’s oil and gas assets
Stork has signed an extension deal with Centrica Storage for its Southern North Sea assets. [Read more…] about Stork gets contract extension for Centrica Storage’s oil and gas assets
Vår Energi awarded Jotun FPSO life extension project to Rosenberg Worley AS
Norway based oil and gas company Vår Energi has awarded an EPCI contract to Rosenberg Worley in Stavanger, Norway. [Read more…] about Vår Energi awarded Jotun FPSO life extension project to Rosenberg Worley AS
Seadrill and Gulf Drilling International in joint venture GulfDrill
Seadrill and GDI have entered into a 50:50 joint venture, GulfDrill, which will initially manage and operate five premium jackups in Qatar with Qatar Petroleum commencing throughout 2020. [Read more…] about Seadrill and Gulf Drilling International in joint venture GulfDrill
Mariner on stream (VIDEO)
Equinor and partners announced first oil from the Mariner field in the UK North Sea today. [Read more…] about Mariner on stream (VIDEO)
Well-Safe Solutions awards two multi-million-pound contracts to refurbish Well-Safe Guardian
Well-Safe Solutions has today announced the award of two multi-million-pound contracts to continue the transformation of the Well-Safe Guardian, the decommissioning company’s first asset, into a bespoke plug and abandonment unit. [Read more…] about Well-Safe Solutions awards two multi-million-pound contracts to refurbish Well-Safe Guardian
Capricorn Norge booked Island Drilling rig for North Sea well
Island Drilling Company announced that the company has received an LOI from Capricorn Norge AS, to drill one well on Duncan prospect – Block 35/8 in the North Sea and two optional wells. [Read more…] about Capricorn Norge booked Island Drilling rig for North Sea well
Equinor gear up to start Utgard production in September
Equinor is planning start-up Utgard field during the course of September 2019. [Read more…] about Equinor gear up to start Utgard production in September
First 55 tons XCMG telescopic-crawler put to work in Europe
Earlier this month the first unit of a 55 tons XCMG telescopic-crawler crane, type XCG55TE, was delivered and put to work in Europe. [Read more…] about First 55 tons XCMG telescopic-crawler put to work in Europe
2019 high impact discoveries already exceed whole of 2018, but it’s back to gas
High-impact exploration drilling activity increased substantially in the first half of 2019 with 51 exploration wells completed, compared to 36 in the same period in 2018. [Read more…] about 2019 high impact discoveries already exceed whole of 2018, but it’s back to gas
