-
#Oi2020: Drill Bit Rescue from 30,000 ft.
Drilling wells more than three miles deep in the late 1960s was something that GHK Company and partner Lone Star Producing Company believed would product massive amounts of natural gas. The two companies that began this project discovered in 1974 that South of Burns Flat in Washita County their Bertha Rogers No.
-
Russia: Arctic Offshore Oil Feasible at $130/bbl
The head of Russia's Rosnedra subsoil agency said on Tuesday that the development of the Pobeda (Victory) offshore Arctic oilfield in the Kara Sea is feasible only at oil prices of $130 to $140 per barrel, Interfax news agency reported.Rosneft, the world's top listed oil firm by output…
-
More 'Green' Power Needed To Meet Paris 2030 Target
According to DNV GL’s latest energy report ‘Energy Transition Outlook: Power Supply and Use’, eight times more wind and solar power is needed by 2030 to help meet the Paris Agreement on climate change’s target. This transition will require more than ten times power generated by the…
-
Film-Ocean Orders 10th Saab Seaeye Falcon
Independent subsea contractor, Film-Ocean, has ordered its 10th Saab Seaeye Falcon.Film-Ocean have developed and patented a chain measuring system for FPSO and Offshore Wind Farm mooring systems which is easily deployed with the Falcon providing results in real time and is accurate…
-
Middle East Risks Keep Oil Prices High
Oil lost some of its big price rises today as the US announced the possible release of crude reserves but the possibility of military action in response to the drone attacks on Saudi oil facilities still means prices are high and that stocks are under pressure. Equity market losses…
-
Deutsche Bahn Signs Offshore Wind PPA in Germany
German railway company Deutsche Bahn AG (DB) will be purchasing about 8% of the total production of the 295-MW Nordsee Ost…
-
Increased Confidence in CO2 Storage
If we are going to store large volumes of carbon dioxide (CO2) in depleted oil and gas reservoirs beneath the seabed we need to be sure that…
-
Velesto Bags Contracts from Petronas Carigali
Malaysia-based Velesto Drilling, indirect wholly- owned unit of Velesto Energy Bhd’s (VEB), has received a letter of award…
Latest news
-
Baker Hughes: U.S. Oil Drillers Cut Rigs Again
U.S. energy firms this week reduced the number of oil rigs operating for a third week in a row after drilling slowed for…
-
Shared CTV Monitoring Drives Efficiencies for Wind Farm Ops
Shared monitoring systems that provide comprehensive insight into CTV capabilities and limitations will support safety, planning…
-
Industry Showcases Positive Changes at OE 2019
Commitment to accelerating the energy transition is gathering pace, as operators and technology developers at SPE Offshore…
-
DNV GL's Probabilistic Digital Twin Launch
DNV GL proposes the “Probabilistic Digital Twin” (PDT) to close the gap between digital twins – used increasingly by operators…
-
SUNY Maritime College Hosts Ocean Wind Energy Conference
NYC Economic Development Corp. Signs on as Event Sponsor.The Center of Excellence for Offshore Renewable Energy at the State…
-
Russia: Saudi Oil C-Suite Changes Won't Impact Cooperation
Changes in the management of its oil ministry by Saudi Arabia will not impact cooperation between Russia and the Middle East kingdom…
-
Harvey Gulf Continues Global Expansion
The Company announced today that its two PSV 3250’s arrived without incident in Nigeria on August 12, 2019 and immediately…
-
MarineSpace Wins Ørsted Award
UK-based marine environmental and planning consultancy MarineSpace Limited has been awarded a place on the UK environmental…
-
Siemens Wins Viking Link Gig
Germany's Siemens AG said that it has won a deal to supply two converter stations for the first high-voltage direct current…
-
EDS Provides Cable Testing to Vattenfall at Horns Rev 1
High voltage engineering specialist EDS HV Group (EDS), part of the UK’s leading marine services company – James Fisher and Sons plc…
-
US Offshore Wind Pipeline Reach 25.8GW
The U.S. offshore wind project development pipeline grew to a potential generating capacity of 25,824 MW across 13 states…
-
Flooding Disrupts U.S. Gulf Coast Energy Operations
Energy infrastructure on the U.S. Gulf Coast was hit hard by Tropical Storm Imelda on Thursday, as flooding forced a major refinery…
Exploration
-
Petrofac Sells Mexico Assets to Perenco
Oilfield services company Petrofac Ltd said on Thursday it would sell the remaining 51% interest in its Mexican oilfields for up to $276 million to An
-
UK Launches Offshore Wind Leasing Round
The Crown Estate has launched its Round 4 offshore wind leasing competition for the rights to develop at least 7GW of new…
-
Siemens Gamesa Ups 'Green' Credit to $1.4Bln
Wind turbine manufacturer Siemens Gamesa Renewable Energy (SGRE) has increased the amount of guarantees that qualify as "green"…
Drilling
-
Boskalis Unit Scores Mozambique FLNG Gig
Dutch dredging company Royal Boskalis Westminster announced that its 50%-owned associate company Smit Lamnalco is contracted…
-
Timor Resource to Drill 5 Wells in Timor-Leste
Australian privately-owned oil and gas company Timor Resources said it has commissioned Eastern Drilling to commence drilling…
-
ExxonMobil Looks to Sell Australian Assets
Exxon Mobil Corp said on Wednesday it was looking to sell its 50% stake in the Gippsland Basin oil and gas development in…
Production
-
Aramco Uses Renewables in Gas Wells
Saudi Arabian national petroleum and natural gas company Saudi Aramco said that using renewable energy at unconventional…
-
Flooding Disrupts U.S. Gulf Coast Energy Operations
Energy infrastructure on the U.S. Gulf Coast was hit hard by Tropical Storm Imelda on Thursday, as flooding forced a major refinery…
-
Aramco Rapidly Restores Production Capacity
Saudi Arabia's oil and gas giant Saudi Aramco announced that it will fully restore its production capacity by the end of September…
