Monday, February 10, 2025

Oil And Gas Platform News

Shell Staff Return to GoM Platform after Harvey

Royal Dutch Shell staff have returned to a major oil and gas platform in the Gulf of Mexico in preparation to restart production one week after its shutdown due to Hurricane Harvey, industry sources said on Wednesday.

MOL Invests in Self-Elevating Platform Vessel Operator

Mitsui O.S.K. Lines, Ltd. today announced a plan to acquire a 5% share in Seajacks International Limited (Seajacks) Group, which owns and operates five Self-Elevating Platform vessels(*1), from Marubeni Corporation.

Statoil Restarts Gullfaks A after Gas Leak

Statoil said on Monday production at its Gullfaks A oil and gas platform offshore Norway had restarted late on Sunday after the platform had been shut due to a gas leak. The incident at Gullfaks was the…

Maersk Pressures Danish Government with Gas Field Closure

Maersk to shut Tyra field if no viable solution found this year. A.P. Moller-Maersk's oil subsidiary said on Monday it will shut Denmark's largest gas field in 2018 if it cannot find an economically viable…

Technip Confirms Losing Dong Energy Contract

French oil services firm Technip said on Tuesday it had been informed by Dong Energy <IPO-DONG.CO> that the Danish utility had terminated a contract to build an oil and gas platform for its Hejre field.

DONG Postpones Major Oil Project Offshore Denmark

DONG Energy <IPO-DONG.CO> has terminated a contract to build an oil and gas platform for its Hejre field, postponing indefinitely the major development offshore Denmark, the Danish majority state-owned utility said on Tuesday.

Three Workers Missing in Offshore Platform Accident

Three workers are missing after an accident at an offshore oil platform in the Caspian Sea in Azerbaijan, Azeri state energy company SOCAR said on Friday. SOCAR said a small cabin, where workers were living…

Baltic States Look to Cut Energy Cord with Russia

Baltic states are looking to synchronise their electricity grids with Nordic countries, away from Russia, in a move that has angered the Kremlin and could cost hundreds of millions of euros, government and energy officials said.

SBM Offshore First-half Beats Forecasts

FPSO Cidade de Ilhabela (Photo: SBM Offshore)

SBM Offshore, the Dutch oil and gas platform leasing company, reported better than expected first-half profit on Wednesday after slashing costs and said it would double annual savings at a time of low oil prices.

Petrobras oil platform output cut not due to strike - Union

An output cut at an offshore oil and gas platform owned and operated by Brazil's state-led oil company Petroleo Brasileiro SA was not caused by a 24-hour strike, a union involved in the action said late Friday.

Well Site Supervisor Sentenced for Lying to BSEE Officials

A Houston man was sentenced for making false statements to Bureau of Safety and Environmental Enforcement (BSEE) inspectors in relation to the veracity of blowout preventer testing on an offshore oil and gas platform…

Pipeline Specialist Target Americas for Growth

Stephen Rawlinson (Photo: STATS Group)

Pipeline engineering specialist, STATS Group, has invested $2 million in new facilities in Houston to expand its services in the U.S. and South American oil and gas markets. The UK-based group, which designs…

SBM Offshore Denies Brazil Settlement

SBM Offshore the Dutch oil and gas platform leasing company, denied a media report that it has reached a $1.7 billion settlement with Brazilian authorities over corruption allegations. "Discussions with…

ABB Wins $100m Cable Contract for Kreigers Flak

ABB, the leading power and automation technology group, has won an order worth over $100 million from Energinet.dk, the Danish transmission system operator, to build an alternating current (AC) cable system…

BP Asks for Lower Fine in Gulf Spill Trial

BP Plc, citing low oil prices, tried to whittle away at $13.7 billion in potential fines under the Clean Water Act on Tuesday as the penalty phase started in its trial over the 2010 Gulf of Mexico oil spill.

New Joint Venture to Enter Texas' Barnett Shale

Image courtesy of The University of Texas at Austin via Bureau of Economic Geology

Private equity firm KKR & Co LP and energy-focused peer Riverstone Holdings LLC will form a U.S. oil and natural gas venture that would be one of the largest producers in the Barnett Shale in Texas, they said on Wednesday.

CATS Pipeline & Infrastructure Sold for $954m

BG Group

BG Group agreed to the sale of its equity interest in the Central Area Transmission System (CATS) gas pipeline in the UK North Sea and associated infrastructure to Antin Infrastructure Partners for total proceeds up to $954 million.

BG to Sell its Interest in CATS Pipeline

Photo courtesy of the BG Group

BG Group today announced it had agreed to the sale of its equity interest in the Central Area Transmission System (CATS) gas pipeline in the U.K. North Sea and associated infrastructure to Antin Infrastructure…

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