Fossil Energy
Partners submit development plan for first oil field discovered offshore Senegal
Partners in the SNE field offshore Senegal have submitted the development and exploitation plan to the government with approval targeted later this year.
Woodside’s GWF-2 project delivers first gas 6 months ahead of schedule
Australian oil and gas company Woodside has informed that gas production has started from its Greater Western Flank Phase 2 (GWF-2) Project, offshore W. Australia.
Highlights of the final event day of Offshore Energy 2018!
Highlights of the final event day of Offshore Energy 2018!
OEEC 2018: Machine learning and decomplexing to extend late life ops
The Late Life Operations thematic session during the last day of 2018 Offshore Energy Exhibition and Conference received a lot of interest.
OEEC 2018: Oil age to end sooner than anticipated
Global Oil Event, the third of the four keynote sessions at the OEEC, was held on Wednesday, October 24.
Moody’s downgrades Eni’s credit rating
Credit rating’s agency Moody’s has downgraded Italian oil company Eni’s long-term credit rating to Baa1 from A3 with Stable Outlook.
Petrobras: Lula Extremo Sul area produces first oil
Petrobras has informed that oil and gas production has started from the Lula Extremo Sul area in the Santos Basin via the P-69 FPSO.
OEEC: Turning technology into a service
An offshore drilling rig can be a dangerous place to operate. Heavy equipment is moving around, but people are still required to perform specific jobs in the same area, so-called red zones.
Saudi Aramco inks 15 new deals worth over $34 billion
Saudi national oil and gas giant Saudi Aramco signed fifteen deals valued at more than $34 billion with oil companies and services providers during an investment forum nicknamed “Davos in the Desert.”
PHOTO: Heerema in ‘revolutionary’ lifting drill in Gulf of Mexico
Dutch heavy lifting specialist Heerema Marine Contractors has carried out an offshore maneuver that the company says will “redefine the boundaries of lifting operations offshore.”
Woodmac: Oil firms need to start spending $600B a year to meet demand
Oil and gas companies need to start spending more – around $600 billion a year – to satisfy future demand growth.
Fred Olsen. Energy to scrap two rigs
Fred Olsen. Energy has decided to scrap two of its drilling rigs, one semi-submersible and one drillship.
Noble Energy names new boss for global operations
U.S. oil and gas firm Noble Energy has named Brent Smolik as its new President and Chief Operating Officer.
Bassoe: Ultra deepwater drillship Deepsea Metro I sold for $262.5 M
The current fundamentals in the market aren’t driving values; buyers are.