8117 results found for 'Maersk Oil'

8117 results found for 'Maersk Oil'
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  • BP to Extract More Oil with New Technology (UK)

    6 September 2012
    Business & Finance, Equipment

    BP and its coventurers are deploying for the first time a new technology that could significantly increase the amount of oil that can be recovered from the UK’s largest hydrocarbon resource. The Clair Ridge development, west of Shetland, UK, is the first sanctioned large-scale offshore enhanced oil recovery (EOR) scheme using reduced salinity water injection […]

  • Karoon offloads first oil from recently-bought Baúna field

    10 December 2020
    Exploration & Production, Infrastructure, Vessels

    Australian player Karoon Energy has offloaded its first shipment of over 500,000 barrels of oil from its newly acquired Baúna production field, offshore Brazil.

  • Strohm receives its ‘largest order to date’ from ExxonMobil

    12 January 2023
    Business & Finance, Business Developments & Projects, Equipment, Project & Tenders

    Dutch Strohm has secured a second contract with U.S. oil and gas giant ExxonMobil for the delivery of thermoplastic composite pipe (TCP) jumpers for a field development located offshore Guyana. The award, said to mark Strohm’s largest order so far, will see the delivery of more than 24 of the company’s Jumper on Demand jumpers […]

  • Petrobras starts producing oil and gas from Lapa field

    20 December 2016
    Project & Tenders

    Brazilian oil giant Petrobras and its partners in the BM-S-9 consortium started the oil and natural gas production on Monday in the Lapa field, in the Santos Basin pre-salt layer, through the FPSO Cidade de Caraguatatuba. According to Petrobras, this is the third unit to enter operation in the pre-salt this year, and the 11th […]

  • Petrobras: Pre-salt production passes 500.000 bpd mark

    2 July 2014

    Brazilian state-controlled oil company Petrobras said that on June 24, oil production in the fields operated by Petrobras in the so-called pre-salt province in the Santos and Campos basins broke through the 500,000 barrels per day (bpd) mark, reaching 520,000 bpd, a new daily production record. Of this volume, 78% (406,000 bpd) corresponded to Petrobras’ […]

  • SBSS Completes Power Cable Inter Connection between Shell Platforms in Malaysia

    25 April 2011
    Business & Finance

      Shell Cili Padi power cable installation marks another important milestone to SBSS’s contribution to the Oil & Gas. The project requires the precision laying and interconnection of 31.76km of power cable between platforms F23R-A and CDPR-A (Cili-Padi) situated in Sarawak Malaysia. This power line is vital to oil production and is critical for the […]

  • PSA Norway Consents Det Norske to Drill Ulvetanna Prospect

    5 August 2011
    Business & Finance

    Det norske received Petroleum Safety Authority Norway’s (PSA) concent to drill the Ulvetanna prospect, with exploration well 3/4-2S, yesterday. The prospect is located in block 3/4 in production license 356 in the southern North Sea. The well will be drilled with the jack-up rig Mærsk Guardian. Planned startup is in the end of the third […]

  • Successful Long Term Drill Stem Test at Diega I-8ST Well (Equatorial Guinea)

    8 January 2014
    Business & Finance, Operations & Maintenance

    The long term drill stem test on the Diega accumulation in Block I, Equatorial Guinea (PA Resources 5.7%) is now complete and the Atwood Hunter rig has been released. An initial pilot well, I-8, encountered 12 m vertical thickness of good quality oil pay with no water and so established the deepest known oil on […]

  • Vietnam: FPSO Lewek EMAS Produces First Oil in Chim Sao Field

    10 October 2011
    Business & Finance, Project & Tenders

    The Lewek EMAS, the latest and largest floating production, storage and offloading (“FPSO”) vessel co-owned by EOC Limited, has successfully achieved first oil in Vietnam’s Chim Sao field on 10 October 2011. This milestone marks the commencement of the vessel’s US$1 billion charter contract with Premier Oil Vietnam Offshore B.V.. Revenue from this contract is […]

  • Norway to examine competition conditions in oil industry

    21 July 2016

    Norway’s competition watchdog will look into whether competition rules are being infringed in its oil industry, the industry ministry said on Wednesday.

  • New Zealand: Salvage Teams Prepare to Transfer Oil from Rena’s Submerged Tank

    3 November 2011

    Salvage teams are taking advantage of good weather in Tauranga today and continuing to progress with preparation work on transferring oil from the submerged starboard tank on board Rena, Maritime New Zealand (MNZ) says. MNZ Salvage Unit Manager Bruce Anderson said 22 salvors were on board Rena. The first team on board this morning conducted […]

  • HAPPY NEW YEAR 2017!

    2 January 2017

    Dear readers, we wish you a happy and prosperous New Year 2017! If you’ve been following Offshore Energy Today, you know that 2016 was tough for the oil and gas industry. Where 2015 ended, 2016 continued with more of the same: job cuts, rig deals cancellation, capex cuts, project delays, dayrate slashing, contract terminations, vessel […]

  • Brazil: Petrobras Breaks Oil Production Record

    20 January 2012
    Business & Finance

    Petrobras’ average oil and natural gas output in Brazil reached a record volume of 2,376,359 barrels of oil equivalent per day (boepd) in 2011, 1.6% up on the 2010 output. Oil production alone also set an annual record with a daily average of 2,021,779 barrels, exceeding the 2010 production by 17,607 barrels. Last year, the […]

  • Australia: Clough Profit Dives

    26 August 2011

    Engineering and construction company Clough Limited announced a result in line with previous guidance with a 25% increase in total revenue to $1bn but a reduction in underlying earnings to $47.2m, due to a loss in the Marine Construction division as a result of soft market conditions. On 8 August the Company announced that it […]

  • Zhongxing Engineering to Build Two Oil Tanker Superstructures

    23 August 2013

    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 […]

  • Singapore: Kreuz’s Order Book Surpasses USD 100 Million Mark

    29 September 2011
    Business & Finance, Equipment

      Kreuz Holdings Limited ,a subsea services provider for the oil and gas industry, today announced that the Group’s order wins has increased to over US$100 million this year after securing its fourth subsea installation contract win this year worth approximately US$6.23 million from a leading offshore company in the oil and gas business located […]

  • ‘Energising the Nation’s Future’ Second Campaign Winner Announced

    16 July 2013
    Business & Finance

    ‘Energising the Nation’s Future’, the nationwide awareness campaign to improve recognition and understanding of the oil and gas industry, has marked the end of its second month by giving away a state-of-the-art tablet to Elizabeth Muir, solicitor at Pinsent Masons. Throughout the duration of the campaign, Oil & Gas UK is giving away a Samsung […]

  • IOG pondering next step as Skipper appraisal bears a surprise

    30 September 2016

    Independent Oil & Gas (IOG), a company working to develop its Skipper oil discovery in the UK sector of the North Sea, has shared mixed results of its first operated appraisal well there. The appraisal well was completed and, IOG says, it achieved its primary objective of retrieving oil samples from the Skipper reservoir in […]

  • Trapoil to Acquire 45 Pct Interest in Orchid Oil Discovery from Summit, UK

    7 January 2013
    Business & Finance, Operations & Maintenance

    Trapoil, the independent oil and gas exploration and appraisal company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, announces that it has entered into non-binding heads of terms potentially to acquire an additional 45 per cent working interest in Licence P 1556, Block 29/1c containing the Orchid oil discovery (the “Proposed […]

  • Statoil Acquires 30 Pct Interest in Block 47 Offshore Suriname from Tullow Oil

    18 November 2011
    Business & Finance, Operations & Maintenance, Research & Development

    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 lies in a frontier area in the Guyana Basin. The licence is located some 270 […]

  • Upward adjustment of expectations for 2010

    8 July 2010

    In the Interim Management Statement on 12 May 2010, A.P. Møller – Mærsk A/S announced that a profit for 2010 was expected – an improvement compared to the previous expectations on 4 March 2010 of a modest profit. The improvement of especially the container business has since then been greater than envisaged and the Company […]

  • Svitzer Wins Contract to Remove Oil from Sunken Baltic Ace

    11 December 2012
    Business & Finance, Operations & Maintenance

    Danish company Svitzer with its salvage headquarters based in The Netherlands, reports it has been awarded the contract for the removal of oil from the car carrier Baltic Ace. The 2007 built vessel sank in the North Sea following a collision with a container vessel on December 5. Five crew members of the Baltic Ace […]

  • Murphy Oil, Petrobras in Gulf of Mexico joint venture

    11 October 2018
    Business & Finance, Infrastructure

    U.S. oil company Murphy Oil has said it will form a joint venture company with Petrobras America, a U.S. subsidiary of the Brazilian oil company Petrobras.

  • Operations begin at new marine fuel terminal in Frederikshavn port

    17 January 2024
    Business Developments & Projects, Green Marine, Infrastructure, Operations & Maintenance, Ports & Logistics

    Marine fuels supplier Stena Oil has commenced operations at the new fuel terminal at the Port of Frederikshavn in Denmark where a newly built bunkering vessel that handles various types of fuels, including biofuels and methanol, will be deployed. To mark taking possession of the terminal, Stena Oil’s wholly-owned subsidiary, Stena Terminals, signed the takeover […]

  • GE Oil & Gas in Cheviot Subsea Deal with Alpha Petroleum

    26 May 2017
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Alpha Petroleum has partnered with GE Oil & Gas to advance the subsea infrastructure for the Cheviot oil field in the UK North Sea with 55 mmbbls of oil and 20 mmboe of future gas production. The company, backed by upstream oil and gas investment firm Petroleum Equity, has named GE Oil & Gas as the exclusive […]