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Aker Solutions has received a letter of intent from Equinor to deliver the subsea production system for the next phase of the Askeladd natural gas development in the Barents Sea in northern Norway. The development of...

Posted By : Yogender Pancholi 1 day 8 hours 21 minutes ago
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The sale agreement includes the whole of bp’s aromatic and acetyls businesses, including assets, technology and licences, as well as related assets. Manufacturing plants, and their primary products, included in the...

Posted By : Yogender Pancholi 1 day 8 hours 25 minutes ago
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McDermott International Ltd announced that the Company has successfully completed its restructuring process. The comprehensive balance sheet restructuring equitizes nearly all of McDermott's $4.6 billion of funded debt....

Posted By : Yogender Pancholi 1 day 8 hours 23 minutes ago
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Gazprom Neft, LUKOIL and Tatneft have closed a transaction on establishing a joint venture for the exploration and production of hard-to-recover hydrocarbon reserves in the Orenburg Oblast. The new business’s New Oil...

Posted By : Yogender Pancholi 1 day 8 hours 26 minutes ago
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Schlumberger has introduced Symphony live downhole reservoir testing, a technology platform that enables operational control of the downhole testing toolstring to deliver real-time downhole measurements. Symphony...

Posted By : Yogender Pancholi 1 day 8 hours 28 minutes ago
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Total and its partners announced the start-up of the Floating Production Storage and Offloading P-70 of the Iara cluster Block BM-S-11A, located in the deepwat

Posted By : Yogender Pancholi 2 days 11 hours 42 minutes ago
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Schlumberger introduced today Performance Live digitally connected service that optimizes remote wellsite operations control while improving safety, efficiency and footprint. The service includes technology and domain...

Posted By : Yogender Pancholi 2 days 11 hours 43 minutes ago
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CNOOC Limited announced that the Company made a significant discovery of Huizhou 26-6 in Eastern South China Sea. It is expected to become the first mid-to-large sized condensate oil and gas field in the shallow water...

Posted By : Yogender Pancholi 2 days 11 hours 44 minutes ago
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Total and Sonatrach have signed an agreement to renew their partnership in the field of liquefied natural gas. This agreement notably allows to extend the existing supply contracts for 3 additional years in order to...

Posted By : Yogender Pancholi 2 days 11 hours 46 minutes ago
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Chesapeake Energy Corporation announced that the Company has voluntarily filed for Chapter 11 protection in the US Bankruptcy Court for the Southern District of Texas to facilitate a comprehensive balance sheet...

Posted By : Yogender Pancholi 2 days 11 hours 47 minutes ago
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A meeting of the Gazprom’s newly elected Board of Directors was held in absentia. The meeting resolved to elect Viktor Zubkov as Chairman of the Gazprom Board of Directors. Alexey Miller Chairman of the Gazprom...

Posted By : Yogender Pancholi 3 days 6 hours 58 minutes ago
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will be operated with power from shore via Gjøa.

Power from shore to these 16 fields will lead to a reduction in CO2 emissions in Norway of 3.2 million tonnes per year, compared to what they would otherwise have be

Posted By : Yogender Pancholi 3 days 6 hours 59 minutes ago
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Petrobras has started the production of oil and natural gas from the shared deposit of Atapu, through platform P-70, in the eastern portion of the Santos Basin pre-salt, n

Posted By : Yogender Pancholi 3 days 7 hours 2 minutes ago
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A Rystad Energy cost analysis of the Norwegian pipeline operator Gassco’s proposed options to export the country’s Arctic natural gas resources, shows that the expansion of Norway’s pipeline infrastructure is a...

Posted By : Yogender Pancholi 3 days 7 hours 3 minutes ago
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Total and Sonatrach have signed an agreement to renew their partnership in the field of liquefied natural gas. This agreement notably allows to extend the existing supply contracts for 3 additional years in order to...

Posted By : Yogender Pancholi 3 days 7 hours 6 minutes ago
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Aker BP and Pandion Energy have submitted the plan for development and operation for Hod to the Norwegian Ministry of Petroleum and Energy. The Hod field will be developed in collaboration with Aker BP’s alliance...

Posted By : Yogender Pancholi 5 days 13 hours 30 minutes ago
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p ventures has invested USD 5 million in a cloud-based geospatial analytics software company Satelytics that uses advanced spectral imagery and machine learning to monitor environmental changes, including methane...

Posted By : Yogender Pancholi 5 days 13 hours 31 minutes ago
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The Abu Dhabi National Oil Company announced today that it has entered into an agreement with some of the world’s leading infrastructure investors and operators, sovereign wealth and pension funds. A consortium of...

Posted By : Yogender Pancholi 5 days 13 hours 32 minutes ago
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TechnipFMC and Clariant Catalysts announced that they have entered into a joint development agreement for the demonstration and commercialization of Clariant’s new state-of-the-art AcryloMax propylene ammoxidation...

Posted By : Yogender Pancholi 5 days 13 hours 34 minutes ago
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Artificial lift technology company Upwing Energy and Mitsubishi Heavy Industries have been awarded the next phase of the Magnetic Drive System project by DeepStar, a global offshore research and development consortium....

Posted By : Yogender Pancholi 5 days 13 hours 35 minutes ago
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On behalf of the license partners, Equinor has awarded two contracts and issued a letter of intent to TechnipFMC for pipelaying and subsea installation for three p

Posted By : Yogender Pancholi 7 days 10 hours 57 minutes ago
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In response to increasing demand for remote offshore services, Fugro has completed the Middle East’s first fully autonomous geophysical shallow-water route survey. Controlled from their remote operations centre in Abu...

Posted By : Yogender Pancholi 7 days 10 hours 58 minutes ago
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The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for wells 6607/12-4 and 6607/12-4 A cf. Section 15 of the Resource Management Regulations. Wells 6607/12-4 and 6607/12-4 A will be drilled...

Posted By : Yogender Pancholi 7 days 11 hours ago
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Aker Solutions has been awarded a letter of intent from Equinor for the delivery of a subsea system for the Breidablikk project in the North Sea. The scope of work covers a complete subsea production system, and...

Posted By : Yogender Pancholi 7 days 11 hours 1 minute ago
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Neptune Energy announced the safe removal of the L10-C, L10-D and L10-G platforms from the Dutch sector of the North Sea. More than 3,400 tonnes of steel were removed as part of the decommissioning program that was...

Posted By : Yogender Pancholi 7 days 11 hours 2 minutes ago
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