Fossil Energy
Woodside takes FID on key component of Burrup Hub
Woodside has taken a final investment decision on the pipeline component of the Pluto-North West Shelf Interconnector and has entered into contractual arrangements with DDG Operations for the construction of the pipeline.
Partners sanction phase two of Ærfugl project offshore Norway
Partners in the Ærfugl project in the Norwegian Sea have decided to proceed with Phase 2 of the project, three years ahead of the original plan.
Wintershall Dea cleared to use ‘Scarabeo 8’ for Norwegian Sea wells
German oil and gas company Wintershall Dea has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling of two wells in the Norwegian Sea using the Scarabeo 8 rig.
Aker BP in minor oil discovery in North Sea
Aker BP has made a minor oil discovery south of the Gyda field in the North Sea offshore Norway.
ADNOC awards project management consultancy deal to Penspen
Engineering and management services provider Penspen has been awarded a project management consultancy (PMC) framework agreement from the Abu Dhabi National Oil Company (ADNOC).
Popular news, November 4 – 10, 2019
Offshore Energy Today’s most popular news from the past week.
EU approves Saudi Aramco and Hyundai Heavy joint venture
The European Commission has approved the creation of a joint venture between subsidiaries of oil giant Saudi Aramco and South Korean rig and shipbuilder Hyundai Heavy Industries.
i3 Energy spuds new pilot well on Liberator field
UK independent i3 Energy has started drilling a new pilot well at its Liberator field in the outer Moray Firth, offshore UK.
Still too early for Warwick West assessment. Testing ‘to begin soon’
Following media speculation regarding the status and success of the Warwick West well, Hurricane Energy provided an update on the recently spud well.
Woodside increases gas estimate for Scarborough project
Australian oil and gas company Woodside has completed subsurface studies on the Scarborough gas field, resulting in a resource volume increase of 52 percent.
Solstad Offshore secures six-vessel deal from Woodside
Norwegian vessel owner Solstad Offshore has entered into a contract with Woodside for the provision of six vessels.
GlobalData: Saudi Aramco, ADNOC mega-deals boost contract activity in third quarter
The global oil and gas industry has seen a substantial boost from contract activity in the Middle East resulting in contract value of $44.4 billion in Q3 2019, according to data and analytics company GlobalData.
Kosmos Energy appoints new board member
Oil and gas company Kosmos Energy has named a new member of its board of directors.
Standard Drilling bounces back to black
Norwegian offshore vessel owner Standard Drilling has reported an operating profit in the third quarter of 2019 following unrealized gain on revaluation of financial assets of $1 million.