8086 results found for 'Maersk Oil'

8086 results found for 'Maersk Oil'
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  • Oil Search: PNG LNG delivered 90 cargoes

    15 May 2015

    ExxonMobil-operated PNG LNG project, which recently marked its first year of production, has produced more than 6 million tonnes of LNG and delivered 90 cargoes of the chilled gas since April last year.

  • Eni Starts Vandumbu Field in Angola

    11 December 2018
    Operations & Maintenance

    Eni has started production from the Vandumbu field through West Hub N’Goma FPSO in Block 15/06, approximately 350 km North West of Luanda and 130 km West of Soyo, Angola. First oil from the Vandumbu field was achieved in late November 2018. This, along with the start-up of a Subsea Multiphase Boosting System (SMBS) achieved […]

  • Dana Petroleum: Keel Laying Ceremony for Western Isles FPSO

    28 May 2013
    Business & Finance

    Aberdeen-based Dana Petroleum has laid the keel for a new $400 million oil production vessel which will produce and store up to 40,000 barrels of oil a day from the North Sea by 2015. The keel laying of the floating, storage, production and offloading vessel (FPSO) marks a major milestone for Dana’s Western Isles project. […]

  • Statoil Goes Shopping Offshore Suriname

    18 November 2011
    Business & Finance

    Statoil has acquired a 30% participating interest in block 47 offshore Suriname from Tullow Oil.  Tullow Oil operates the block 47 licence offshore Suriname with 100% working interest. Tullow will retain the operatorship and 70% working interest. The agreement is subject to approval from Staatsolie Maatschappij Suriname, the state oil company of Suriname. Block 47 […]

  • USA: EOG Q3 Net Income at USD 540.9 Million

    3 November 2011

    EOG Resources, Inc. reported third quarter 2011 net income of $540.9 million, or $2.01 per diluted share. This compares to a third quarter 2010 net loss of $70.9 million, or $0.28 per diluted share. Consistent with some analysts’ practice of matching cash flow realizations to settlement months, and making certain other adjustments in order to […]

  • Petrobras hits new production record

    24 December 2014
    Exploration & Production, Project & Tenders

    Brazil’s Petrobras has reached, on December 21st, “a new historical record” of daily oil and NGL production, producing 2 million 286 thousand barrels. Produced volume does not take into account the share of partners, and broke the previous record of 2 million 257 thousand barrels from December 27th, 2010. Petrobras has also broken, on December […]

  • Dana Petroleum Lays Keel for New FPSO (UK)

    28 May 2013
    Business & Finance, Operations & Maintenance

    Aberdeen-based Dana Petroleum has laid the keel for a new $400 million oil production vessel which will produce and store up to 40,000 barrels of oil a day from the North Sea by 2015. The keel laying of the floating, storage, production and offloading vessel (FPSO) marks a major milestone for Dana’s Western Isles project. […]

  • Apache Completes Acquisition of BP Assets in Egypt’s Western Desert

    5 November 2010

    Apache Corporation (NYSE, Nasdaq: APA) today announced that a subsidiary has completed its acquisition of BP’s oil and gas operations, acreage and infrastructure in Egypt’s Western Desert. The transaction marks the final step in Apache’s previously announced three-part acquisition of BP assets. Apache’s subsidiary paid $650 million to acquire four development leases and one exploration […]

  • Sand: massive supply-demand imbalance is upon us

    3 April 2020
    Business & Finance, Outlook & Strategy, Vessels

    Saudi Arabia’s decision to flood the market with crude oil at a time when demand is in doldrums amid coronavirus pandemic is about to create a massive supply-demand imbalance, says BIMCO’s Chief Shipping Analyst, Peter Sand. Liquid fuels production and consumption will be imbalanced during much of 2020 with total production estimated at 102.2 million […]

  • Sovcomflot’s crude oil tanker completes 1st commercial voyage on LNG fuel

    24 October 2018
    Vessels

    Sovcomflot’s crude oil tanker Gagarin Prospect, operating on LNG fuel, completed its voyage across the Baltic and North Seas from Primorsk to Rotterdam on October 22.  The vessel delivered a cargo of 104,815 tonnes of crude oil to Rotterdam. For the LNG-powered tanker, it marked its first export delivery of Russian crude oil under a long-term […]

  • Ex-Rockhopper COO takes non-executive chair role at IOG

    18 December 2018
    Business & Finance

    Independent Oil and Gas has appointed an independent non-executive chair of the board with effect from January 1, 2019.

  • Aker Kvaerner’s high tech subsea manufacturing centre in Malaysia opens in record time

    6 June 2007

    Aker Kvaerner’s multi-million dollar integrated subsea oil and gas centre in Malaysia was officially opened today, marking the successful conclusion of an ultra fast-track schedule to bring the facility on stream. Located in Port Klang Free Zone, Pulau Indah, Klang, the purpose-built manufacturing centre, with a total investment value of USD 100 million, is the […]

  • Petrobras Reports FPSO Cidade de Vitória Commences Production

    20 November 2007

    Petrobras announces that vessel-platform FPSO Cidade de Vitória has been put online, marking the inauguration of Module II of the development of the Golfinho Field, in the Espírito Santo Sea. Initially, the FPSO Cidade de Vitória will produce approximately 20,000 barrels per day of light oil (28° API), of higher commercial value, with the interconnection […]

  • China: Zhongxing Engineering to Build Two Oil Tanker Superstructures

    23 August 2013
    Business & Finance

    Recently, Zhongxing Sea-Land Engineering Ltd, a fully owned subsidiary of the COSCO Shipyard Group, entered into a contract with Guangzhou Shipyard International Company (GSI) to build a pair of 115,000-dwt oil tanker superstructures, as well as an LOI (letter of intent) to build two more superstructures for a pair of 308,000-dwt very large crude carriers […]

  • Technip Nets Two Subsea Contracts Offshore Canada

    8 May 2013
    Business & Finance, Operations & Maintenance, Project & Tenders

    Technip was awarded by Husky Oil Operations two contracts, with a combined substantial value, for the planned subsea tieback of the South White Rose Extension field. The field is an extension of the White Rose field, located in the Jeanne d’Arc Basin, approximately 350 kilometers southeast of St. John’s, Newfoundland and Labrador, Canada. The first […]

  • Aker Solutions lands FEED work from Idemitsu in Vietnam

    12 July 2016
    Business & Finance

    Aker Solutions has secured a contract from Idemitsu Oil and Gas to provide engineering services for the development of oil and gas resources in the Nam Con Son basin offshore Vietnam. It is the first time Aker Solutions teams up with Idemitsu on a project in Asia Pacific and marks an expansion into a key […]

  • Moody’s downgrades Japanese oil and gas giants. Outlook negative

    3 March 2016

    Moody’s credit rating agency has downgraded Japanese oil and gas exploration and production companies Inpex and Japex, citing continuing low oil prices and the effect they may have on the firms’ profitability. Moody’s is not optimistic about the future either, saying that the rating outlook for the two Japanese oil and gas giants is negative. […]

  • Oil field’s production ramp-up on the horizon as Petrobras welcomes new FPSO

    6 March 2025
    Business Developments & Projects, Vessels

    Brazil’s state-owned oil and gas giant Petrobras has welcomed a floating production, storage, and offloading (FPSO) vessel owned by the Netherlands-based SBM Offshore destined to work at one of its fields in the country’s pre-salt Santos Basin.

  • Oil Search: PNG LNG delivered 90 cargoes

    15 May 2015

    ExxonMobil-operated PNG LNG project, which recently marked its first year of production, has produced more than 6 million tonnes of LNG and delivered 90 cargoes of the chilled gas since April last year.

  • USA: Bristow to Attend Ultimate Oil Services & Drilling Conference

    28 November 2011

      Bristow Group​ Inc. ,a provider of helicopter services to the offshore energy industry today confirmed that the Company will be attending the Dahlman Rose & Co. First Annual Ultimate Oil Services & Drilling Conference to be held in New York City. Mark Duncan, Senior Vice President Commercial, is scheduled to present on Tuesday, November […]

  • IOG extends Blythe license, eyes field development plan

    8 December 2016

    Oil and gas company Independent Oil and Gas (IOG) has extended the license containing the Blythe gas discovery in the Southern North Sea with plans to submit the field development plan before the end of 2016. IOG said on Thursday that, following discussions with the UK Oil & Gas Authority (OGA), the licence for Blocks 48/22b […]

  • WHL Energy Updates on Palta Well, Australia

    20 November 2012

    Australian energy company, WHL Energy said that one of the company’s joint venture partners in the Palta prospect in permit WA‐460‐P, has lodged a prospectus with the Australian Securities and Investments Commission. The prospectus dated 9 November contains an Independent Geological Evaluation report prepared for Cott Oil & Gas Limited by Sablet Pty Ltd. The […]

  • FPSO BW Athena Leaves Dubai, UAE

    2 March 2012
    Business & Finance

    Ithaca Energy Inc. revealed that the ‘BW Athena’ Floating Production, Storage and Offloading Vessel (“FPSO”) has departed Dubai Dry Docks World to be met by a dedicated guard vessel. All FPSO production critical equipment was run and fully tested prior to vessel departure thus minimizing the period between arrival in the field and first production […]

  • Byron Energy relinquishes Gulf of Mexico lease

    26 August 2016
    Business & Finance

    U.S. Gulf of Mexico operator Byron Energy is relinquishing its South Marsh Island Block 6 Lease, located offshore Louisiana. The company drilled two wells in the lease and found and logged hydrocarbons in 2014 and 2016. In June the company said it wouldn’t re-enter its SM6 #2 well which had been left temporarily abandoned since […]

  • Lundin Spuds Another Johan Sverdrup Well (Norway)

    26 August 2013

    Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), announces that drilling of appraisal well 16/5-4 on the Johan Sverdrup discovery located in the North Sea sector of the Norwegian Continental Shelf (NCS), has commenced. The well is located in the south-western part of the discovery with the objective […]