DNV GL, DNO Pact on North Sea
The international accredited registrar and classification society DNV GL has been awarded a framework agreement by the Norwegian oil and gas operator DNO ASA to provide a broad portfolio of engineering and management support and verification services to support the operator…
Woodside to Implement Schlumberger's DELFI
Australia's largest oil and gas operator Woodside Energy will leverage Schlumberger's DELFI cognitive cloud-based software environment in an effort to increase consistency, reduce study cycle time and foster innovation in its subsurface characterization and development activities…
DNO Completes $400mln Bond Placement
The Norwegian oil and gas operator focused on the Middle East and the North Sea, DNO ASA said it has completed the private placement of USD 400 million of new, five-year senior unsecured bonds with a coupon rate of 8.375 percent.The bond placement received strong…
Delek Nearing Deal for Chevron's North Sea Fields
Israel's Delek Group is close to clinching Chevron's oil and gas fields in the British North Sea, which have a price tag of around $2 billion, sources familiar with the matter told Reuters.Delek, via its North Sea oil and gas operator Ithaca Energy, could reach an agreement within days, two of five sources said.U.S.
DNO Exits Oman Offshore Block
Norwegian oil and gas operator DNO ASA subsidiary DNO Oman Block 8 Limited has relinquished operatorship and participation in the offshore Oman Block 8 to the Sultanate of Oman's Ministry of Oil and Gas (MOG) and state-owned Oman Oil Company Exploration and Production LLC (OOCEP).Effective 4 January 2019…
Equinor, Faroe Petroleum in Asset Swap
Britain's Faroe Petroleum has agreed to swap oil and gas fields with Norwegian state firm Equinor as it fights a hostile takeover from Norwegian oil and gas operator DNO.It appears that Faroe in fight-back mode after DNO’s so-called ‘opportunistic’ bid.The oil and gas company focusing principally on exploration…
Bibby Offshore Bags Spirit Energy Contract
Subsea services provider Bibby Offshore said it has secured a fixed term framework agreement with independent oil and gas operator Spirit Energy.Awarded in April, the two-year agreement, which follows on from a previous five-year agreement, will see Bibby Offshore carry out inspection repair and maintenance (IRM) works, rem
BSEE Responds to Oil Platform Fatality in the GOM
The Bureau of Safety and Environmental Enforcement is conducting an investigation into the fatality of a platform worker in an area of the Gulf of Mexico known as West Cameron 215A, about 64 miles south of Lake Charles, Louisiana. The offshore oil and gas operator…
New Tool for Offshore Inspection
Aberdeen-based AISUS has invested a six-figure sum in upgrading and developing cutting edge inspection technology as it looks to further broaden its range of services and increase its geographical reach to provide its customers with the most efficient, cost-effective technological solutions.
New HT/HP Subsea Valve Coating Developed and Deployed
An international collaboration between Hardide Coatings and Master Flo Valve Inc (MFV) has developed a new solution to protect high temperature, high pressure (HT/HP) subsea choke valves. The valves are the first of their kind to feature the Hardide-T coating,…
Speedcast Secures Multiple Contracts with O&G Operators
Speedcast International Limited, provider of fully managed remote communication and IT solutions, announced it has secured four new contracts for professional services with oil and gas operators in the North Sea and Asia-Pacific region. In the North Sea, Speedcast…
Florence Joins InterAct as Sr. Reservoir Engineer
Francois Florence has joined InterAct as a Senior Reservoir Engineer. Florence brings to the role 10 years of experience working with a large independent oil and gas operator in the LA Basin, with a background in reservoir engineering and production operations.
Eni Inks Gas Supply Deal with Sonatrach
Italian oil and gas group Eni said on Tuesday it had reached an agreement with Algeria's Sonatrach over gas supplies for the gas year 2016-2017. No financial details were provided. Eni, the biggest foreign oil and gas operator in Africa, said the agreement covered almost 20 percent of the gas imported into Italy.
DCS Contracted for Painting and Blasting Services
Dynamic Energy Services International LLC, a fabrication and service provider to the global oil, gas and energy industries, announced that its specialty craft division, Dynamic Construction Services (DCS), has been awarded a key contract to provide maintenance…
Aker Solutions Wins MMO Contract in UK
Aker Solutions won a framework agreement to provide engineering and construction services for several offshore oil and gas fields in the UK North Sea. The contract has a fixed period of five years as well as an option to be extended by five years. Aker Solutions' maintenance…
CIS Installs Conductors in Southern North Sea
Conductor Installation Services Ltd (CIS), an Acteon company that provides hammer services to install conductors and drive piles, announced that it has completed its second conductor installation operation during the last 12 months for a North Sea oil and gas operator.
Harkand Appoints GM for Africa
Inspection, repair, maintenance (IRM) and light construction company Harkand has informs it has united its African presence under the leadership of Doug Fieldgate as Africa General Manager. Fieldgate has 23 years of experience in the African oil and gas market primarily focused on West Africa.
Trap Oil May shed North Sea Assets to Survive
Small North Sea oil and gas operator Trap Oil is in talks to sell some of its assets to raise funds, it said, as a steep drop in oil prices and operational restrictions due to bad weather. "The company's directors ... are continuing to urgently assess a number of potential funding sources," Trap Oil said in a statement.
Ithaca Energy Increases Hedging to Mitigate Oil Weakness
The London and Toronto-listed Ithaca Energy jumps as much as 14 pct. The North Sea-focused oil and gas operator said it has increased its oil hedging protection since the start of the year in order to mitigate against the impact of further Brent price weakness.
O&G JIPs Target Seismic Imaging, Cyclone Forecasting
Global oil and gas companies have funded two joint industry projects (JIP) through the Industry Technology Facilitator (ITF), the details of which will be announced at the Technology Showcase conference and exhibition in Aberdeen Wednesday. The Fullwave Game Changer…
