Oil & Gas Industry News The latest on what's happening in the UK oil and gas indusry. 'As announced on January 14, the Keskesi East-1 … Flaring in the UK North Sea fell by 22% in 2020 from the previous year as production facilities cut the overall volume to 33 bcf, according to Britain’s Oil and Gas Authority. It is designed to give readers an informative overview of the month's major industry news while focusing on market reviews, product and technical information, directories, events and objective profiles. In 2020, the law split about $353 million in federal offshore revenue among Louisiana, Texas, Mississippi and Alabama. Green light to Woodside for Julimar operations, BSEE: Death on Renaissance’s GoM platform was preventable, FAR puts its foot down and sets new date for Woodside sale approval, Kistos makes Tulip Oil its first acquisition, Three Noble rigs coming back from warm-stack for new gigs, Subsea 7 lands ‘sizeable’ prize from mystery client, Two oilfield services providers set to create full-cycle player, NERA launches decom centre to assist $40.5 billion market, Xodus adds to Asia-Pacific team as decom activity increases, Petrodec reactivates decades-old jack-up rig for decommissioning jobs, EnQuest starts shutting down Don fields in North Sea, Jersey in fundraising talks, launches GBA farm-out process, Equinor gets go-ahead to drill North Sea well duo, Seadrill facing coercive fine as serious breaches of regulations come to light, Equinor strikes oil near Johan Castberg field, BW Ideol entering Oslo stock exchange, aims at 10 GW-by-2030, ExxonMobil waiting on equipment arrival to finish Guyana FPSO repairs, SBM Offshore orders fourth Fast4Ward FPSO hull from SWS, Enauta calls for FPSO bids for full development of Atlanta field, Carbon capture collaboration mulls use of Northern Lights, Chevron sticks to lower budget plans, sets new carbon reduction goals, ExxonMobil curbs spending plans, reveals path to lower-carbon future, After a rocky start to the year, BW Offshore moves to seize energy transition opportunities, U.S. pauses planning for March oil and gas lease sale. Rigzone is the World's leading resource for Oil & Gas jobs, news, events, and training. Trending News Total stops drilling Suriname well before reaching deeper targets ... North Sea-focused Jersey Oil & Gas has formally launched the farm-out process of the Greater … Posted: 2 hours ago ... Norwegian offshore … Oil & Gas News. 1 of 9 Rialto Beach in Olympic National Park in Washington. 14 Apr. Search Oil & Gas Jobs. Offshore staff. Florida does not share in the revenue as no oil and gas production is … Offshore drilling contractor Noble Corporation has recently secured several drilling contracts and its CEO says there has been an uptick in tender activity in various markets.The company, which in February completed its financial restructuring and emerged from Chapter 11 for which it had filed in August 2020, on Thursday released its fleet status report showing new contracts and contract amendments…, Oil company Tulip Oil has agreed to sell its Dutch subsidiary Tulip Oil Netherlands to Kistos for 220 million euros, plus 163 million euros of contingent payments, and 5 million euros of warrants.Tulip Oil Netherlands owns an operating interest in the Q-10A offshore gas field…, Australian oil and gas company FAR said Friday it would sell its stake in offshore blocks in Senegal to Woodside, subject to the approval of its shareholders, as proposed company takeover offers made by Remus and Lukoil were incomplete.To remind…, Offshore helicopter operator CHC has agreed to buy the oil and gas aviation business of Babcock.Babcock's oil and gas aviation business provides offshore oil and gas crew transportation services in the UK, Denmark and Australia and is headquartered based in Aberdeen (UK)…, A rapid rise in offshore drilling and deepwater gas extraction may seem an unlikely path to lower emissions, but are central planks of Chinese energy major CNOOC Ltd’s plan to help hit Beijing’s climate goals.While global peers like BP, Royal…, Flaring in the UK North Sea dropped by 22% in 2020 compared to 2019, and as production facilities cut the overall volume to 33 billion cubic feet (bcf), a reduction which is roughly equivalent to the gas demand of 200,000 UK homes, the UK Oil and Gas Authority said Thursday…, Jersey Oil & Gas, a UK-based company working to develop an oil and gas production hub at the Greater Buchan Area in the UK North Sea, said Thursday it was in talks to raise funds to progress work on the project.The company said it was responding…, Maritime analytics and data company GateHouse Maritime has won a contract with the Polish gas transmission system operator GAZ-SYSTEMS, to monitor traffic near the Baltic Pipe Project offshore pipeline in the Baltic Sea, making sure that vessels do not accidentally damage it…, Nigeria's petroleum regulator has provisionally awarded tenders to develop 57 of its marginal oilfields, four sources familiar with the matter told Reuters, which could net the government $500 million in signature bonuses.Provisional award letters…, National Energy Resources Australia (NERA) has established what it calls The Centre of Decommissioning Australia (CODA), citing 'a much-needed collaborative effort to address the challenges and maximize the opportunities of decommissioning Australia’s aging oil and gas infrastructure…, Royal Dutch Shell Chief Executive Ben van Beurden's pay package dropped by 42% to $7 million in 2020, a year in which the coronavirus pandemic pushed the energy company to a historic dividend cut following a collapse in profits.Van Beurden,…, Romanian oil and gas company OMV Petrom has signed the production sharing contract for the offshore Block II in the exclusive economic zone of the Georgian Black Sea.OMV Petrom won in June 2020 the international tender organized by the Ministry…, NDT Global has won a contract to complete a baseline inspection survey for Trans Adriatic Pipeline, a company operating the namesake European pipeline carrying gas from the Caspian Sea to the EU.TAP is a European leg of a pipeline transporting gas from the Azeri section of the Caspian Sea…, UK-based oilfield services company EnerMech has won a five-year contract with Chevron to provide a range of integrated services to the U.S oil giant's Western Australian oil and gas facilities. Examines the key risks such as - fire, explosion, release of gas and structural failure as they all have the Offshore Bill Would Give States More Say in Oil and Gas Leasing 3/1/2021, Rigzone: U.S. crude output drops to 11.06 million bpd in December - EIA 3/1/2021, Reuters: The Oil Industry Is Ready To Fight President Biden In Court 3/1/2021, OilPrice: WTI Crude Oil … Home > News > Norway grants 61 new offshore oil and gas exploration licenses. The plan could open up waters off the coasts of Washington … Changes needed to Egyptian oil and gas … Oil & Gas companies are looking to operate in the most economical way possible while operations are moving into deeper water and harsh conditions. Moreover, a decline in total production due to the pandemic impacted quarterly sales, which plunged 15% year-over-year. Decommissioning offshore oil and gas infrastructure in Australia 8 minutes ago 3 CSIRO is working with industry partners to explore the future of Australia's oil and gas infrastructure. Welcome to Oil & Gas Journal. EPA ordered to pay oil and gas company BW Offshore $110,000 13 Mar, 2021 04:01 AM 4 minutes to read The Tui Oil Field production facility. Middle East's Largest Energy Portal, which delivers latest news, data, analysis and opinion for the region's Energy Professionals. Sweden-based engineering group Trelleborg said Monday it had signed an agreement and finalized the divestment of its offshore oil and gas operation in Skelmersdale, England. We provide relevant news and market data focused on the Offshore Energy Industry. Florida does not share in the revenue as no oil and gas production is … Provides access to information relating to the Offshore Industry which employs more than 20,000 people in a range of activities. Northern Oil and Gas reported lower-than-expected 4Q earnings. More Than Half of Global Licensing Rounds Likely to be Cancelled in 2020. Overview Strategy Shares of … Northern Oil and Gas reported lower-than-expected 4Q earnings. IRVING, Texas – CHC Group LLC has entered into a conditional agreement to acquire Babcock International Group’s Oil and Gas aviation business.. ... Digitalization gives us new insight into the underground and an opportunity to find more oil and gas. Browse Splash 24/7 for more maritime and shipping news. We all want to ensure we have a sound regulatory framework and that the offshore oil and gas industry can manage current and future decommissioning challenges." Total and Apache Make Significant Oil & Gas Discovery Offshore Suriname Oil & Gas Posted On January 15, 2021 Total and Apache Corporation have made a new significant oil and gas … Through this partnership, a demonstration project to launch a single platform at a test site is being developed, followed up by a larger scale deployment powering a carefully selected platform in collaboration with the operator. Offshore bill would give states more voice in leasing oil and gas – Rigzone News 27.02.2021 Two new Apple Silicon MacBooks set to go into … Oil and gas helicopter operator CHC Group is to acquire the offshore business of UK-headquartered Babcock for an undisclosed fee. The business provides offshore oil and gas crew transportation services in the UK, Denmark, and Australia. Latest Renewable Energy and Oil & Gas News | Offshore Source. Home > News > Norway grants 61 new offshore oil and gas exploration licenses Norway grants 61 new offshore oil and gas exploration licenses 1/19/2021 click to … How to Become an Oil Rig Worker Anybody interested in working on an offshore oil … A Ghanaian company, Hydra Offshore has signed a deal with the Wood Group to deliver subsea-engineering projects for Ghana’s oil and gas industry, described as highly competitive. Subscribe to the daily newsletter for the latest news and in-depth stories. Refiners Hit With Lower Fuel Demand From Key Markets At the same time equipment must comply with increasingly strict safety and environmental requirements. Installed adjacent to oil and gas platforms, these floating mWave structures could supply clean energy to assist the offshore operational transition to electrification. Until now, only a handful of measurements of offshore platforms have been made, and no The leading global oil, gas and energy news resource. Covering the latest oil and gas news including shale, lng, drilling, exploration and production. Oil & Gas Technology connects growth and western markets across the oil and gas industry. Oil Major Royal Dutch Shell submitted plans to resume oil and gas exploration in waters off Alaska’s northern coast. Factors such as decline in crude oil prices coupled with rising number of maturing oil & gas fields is projected to drive growth of the global offshore decommissioning market over the … Read the latest Oil & Gas News. Offshore Source is your go-to resource for the latest renewable energy and oil & gas news. The bipartisan bill would give coastal state governors a bigger role in opening offshore oil and gas development. Singapore offshore: Red hot Singapore: Southeast Asia remains one of the fastest growing places for offshore operators. Offshore Project Commitments in … Oil and Gas News Senex locks in gas supply agreement with CleanCo Senex Energy will continue to supply natural gas to CleanCo Queensland in 2022 following the two companies signing a domestic … Molly Hancock 3 days ago March 9, 2021 Offshore oil and gas project commitments are expected to … In October, Global Energy Group announced plans for a £100million offshore wind plant at the neighbouring Port of Nigg, expected to become “the UK’s largest”. March 4, 2021. Pipeline Oil and Gas Magazine brings latest Oil, Gas and Energy news from across the globe. Oil-And-Gas-Fields News: Ribs: Turn Up The Power, Maersk Drilling Joins Offshore CO2 Storage Project, Nexans To Supply Cables For Marjan Field, … Offshore harvesting accounts for roughly one-third of the oil and gas produced worldwide, and these facilities both vent and leak methane. January 22, 2021 By Sally Parker General, Oil and Gas Offshore, Oil, Gas, Decommission, Framework 0 In December, the Department of Industry, Science, Energy and Resources released its consultation paper on enhancing Australia’s offshore oil and gas decommissioning framework. Home Business Briefs Company News CHC buying Babcock’s Oil and Gas aviation business The business "The company … The business provides offshore oil and gas … ... ConocoPhillips, 3D Oil JV to run seismic offshore Tasmania. Categories: Business & Finance; Posted: 17 hours ago Posted: 17 hours ago OMV Petrom signs contract for block offshore … View All Offshore Bill Would Give States More Say in Oil and Gas Leasing 3/1/2021, Rigzone U.S. crude output drops to 11.06 million bpd in December - EIA 3/1/2021, Reuters The Oil Industry Is Ready To Fight President Biden In Court Offshore Oil and Gas project Commitments to Hit New Records, Rystad Says. More than A$50 billion ($40.5 billion) of necessary decommissioning work needs to be carried out on Australia’s offshore oil and gas infrastructure, over half … Oil and gas companies Apache and Total have been forced to stop drilling operations at an offshore well in Suriname due to 'substantial pressure increases. The key offshore projects across the globe are expected to contribute about 26.6 million barrels of oil per day (mmbd) of global crude and condensate production and about 133.2 billion cubic … At … Oil and gas news and in-depth feature articles on the biggest offshore projects, exploration and decommissioning technology and innovation, as well as data on the latest oil price trends Rumours of the takeover had been swirling for several days, but Babcock on 11 March confirmed a “conditional agreement” with CHC. The bipartisan bill would give coastal state governors a bigger role in opening offshore oil and gas development. Read the latest news about offshore. Decommissioning of the UK’s offshore oil and gas production facilities is a major industrial challenge which can create global competitive advantage for the UK. Read the latest Oil & Gas News. “This project not only illustrates the growth in floating offshore wind, but how oil and gas techniques were used successfully in this different environment,” Mike added. The deal will see EnerMech continue to deliver pipeline services including pipe cleaning…, German industrial insulation specialist Kaefer is exploring a sale of a minority stake, as it seeks to cope with fallout from the COVID-19 pandemic and low oil prices and to bolster its finances for future expansion, people close to the matter said…. The decision by New Zealand Oil and Gas to give up its last offshore exploration permit for the Kaipatiki prospect southeast of Stewart Island, is being described as the last nail in the coffin for offshore oil and gas exploration in this country. 7 days Offshore Oil & Gas Projects Set For Record Recovery 7 days New Factory Could Reduce Green Hydrogen Costs By 20% 7 days U.S. Featured Headlines. NOPSEMA has accepted Woodside’s revised environment plan for the operation of a petroleum pipe…, The Bureau of Safety and Environmental Enforcement (BSEE) has released the report of its panel inves…, FAR Limited is putting a stop to further delays of its shareholder meeting to consider the sale of F…, Expro Group and Frank’s International have entered into a definitive agreement to combine in an a…, National Energy Resources Australia (NERA) has launched the Centre of Decommissioning Australia (…, Engineering consultancy Xodus has appointed a new late-life and decommissioning lead in Asia-Paci…, Petrodec has reactivated Haeva jack-up rig to DNV standards and the unit is now reporting for dut…, EnQuest has started the cessation of production activities on the Northern Producer floating prod…, NOPSEMA has accepted Woodside’s revised environment plan for the operation of a petroleum p…, The Bureau of Safety and Environmental Enforcement (BSEE) has released the report of its panel in…, FAR Limited is putting a stop to further delays of its shareholder meeting to consider the sale o…, Kistos, an investment company chaired by former RockRose founder Andrew Austin, has signed an agr…, Noble Corporation has won several new contracts for its fleet of drilling rigs, which will see th…, North Sea-focused Jersey Oil & Gas has formally launched the farm-out process of the Greater …, Norwegian offshore safety agency, the Petroleum Safety Authority Norway (PSA), has given Equinor …, Norwegian offshore safety watchdog has given Seadrill two orders and a decision on a coercive fin…, Norwegian oil and gas major Equinor has made an oil discovery near the Johan Castberg field, loca…. Elected officials in Washington state say they’ll fight the Trump administration’s proposal to expand offshore oil and gas drilling. Search Oil & Gas Jobs. WA Mines and Petroleum Minister, Bill Johnston MLA, said: "Western Australia is already a global hub for the oil and gas … Moreover, a decline in total production due to the pandemic impacted quarterly sales, which plunged 15% year-over-year. Stay updated with Oil news, energy news, gas news through: articles, blogs, videos, project updates and interviews with Australia’s US$40.5 billion clean up bill for offshore oil and gas wells and facilities will cost US$40.5 billion, with half of the work starting this decade, according to a report produced with the support of …
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