Saturday, August 15, 2020

Oil And Gas Field News

Two Firefighters Die in Fire at Oilfield in India

Illustration only: Image by prathaan - AdobeStock

Two firefighters from Oil India have died while trying to put out a massive blaze at an oilfield operated by the state-run explorer in India's northeastern Assam state, officials said…

PGNiG Acquires Duva Field in Norway

Image: PGNiG

PGNiG Upstream Norway, a subsidiary of Polish Oil and Gas Company (PGNiG), has obtained a final administrative consent to purchase additional 10% interests in the PL636 and PL636B licences…

Pandion Energy Completes Duva Stake Sale

Jan Christian Ellefsen, CEO, Pandion Energy. (Photo: Marte Garmann)

Norwegian oil and gas company Pandion Energy has completed the sale of its 10 percent non-operated interests in PL 636, comprising the Duva oil and gas field, and PL 686B.According…

Two Dead in Russian Oilfield Fire

(Photo: Novatek)

Two people have been killed and one injured in a fire in an elevator at Russia's Novatek northern oil and gas field, news agencies reported on Saturday citing emergency ministry officials.The fire broke out at East-Tarkosalin

PGNiG Ups Stake in Duva Field, Norway

Pic: PGNiG

PGNiG Upstream Norway bought 10 percent shares in the PL636 and PL636B licenses in the North Sea from Pandion Energy, thus increasing its ownership in the Duva field to 30 percent.Duva…

PGNiG Starts Norwegian Drilling

Platform Deepsea Nordkapp. Photo: Odfjell Drilling

Polish state-controlled oil and gas company PGNiG said its unit PGNiG Upstream Norway started drilling an exploration well in licence area PL838 (the Shrek prospect) on the Norwegian Continental Shelf…

The Fundamentals of AI in Oil and Gas

© Busakorn / Adobe Stock

The oil and gas industry has cutting-edge technology when it comes to the processes of drilling for oil, but when it comes to invoicing and scheduling crews and equipment, the technology is rather basic.

Genel Energy Names Higgs CEO

(Photo: Genel Energy)

Genel Energy Plc named oil veteran and Chief Operating Officer Bill Higgs as its top executive, the oil and gas exploration and production company said on Monday.Higgs' appointment…

Orinduik Partners to Drill 2nd Well Off Guyana

Stena Forth (Photo: Stena Drilling)

Partners Tullow Oil, Total and Eco Atlantic have chosen the Joe prospect for a second well in their much-watched Orinduik oil and gas field off Guyana's coast, Eco said on Friday.Eco…

EnQuest Shares Slump to Three-year Low

(Photo: EnQuest)

British oil firm EnQuest's shares slumped to a three-year low on Tuesday after Cairn Energy, its partner in its flagship Kraken project, cut its estimate of the oilfield's reserves…

Moog Focal Products for APL Norway AS

Stacked Focal swivels with the LVEOS on top (Photo: MacArtney)

A Floating Storage and Offloading project in the Norwegian Sea is to benefit from high-end products for data and process control from MacArtney & Moog Focal.MacArtney has secured a contract from APL Norway AS…

Kvaerner to Study Floating Wind Structures

(Image: Helge Hansen / Equinor)

Norway based Kvaerner said it has signed a contract with Norwegian energy company Equinor to study how floating concrete substructures for offshore wind turbines can be designed and…

Wintershall Struggles to Boost Output from Norway's Maria Field

Photo: Wintershall

German oil firm Wintershall's flagship project in Norway - the Maria oil and gas field - is not meeting output expectations due to water injection issues, the company said on Monday.The field…

China's Top Gas Field to Produce Record Amount of Gas This Year

(Photo; PetroChina)

China's Changqing oil and gas field, operated by state energy giant PetroChina, is expected to produce record amount of natural gas this year exceeding 38 billion cubic meters (bcm), as more wells were brought online, its par

Equinor's Martin Linge Field Costs Rise Again, Start-up Delayed

Martin Linge utility module installation by the heavy-lift vessel "Thialf" in July this year. (Photo: Jan Arne Wold and Bo B. Randulff / Equinor ASA)

Norway has again revised up the estimated cost of developing the Martin Linge oil and gas field, which state-controlled Equinor bought from France's Total last year, with the start-up delayed until 2020…

Equinor Eyes Chevron's Stake in Rosebank Field

(Image: Chevron)

Norway's Equinor is interested in buying Chevron's stake in Rosebank, an oil and gas field in the British part of the North Sea, two sources close to the process told Reuters.Chevron on Wednesday said that it had received int

Reliance Shuts Field in Krishna-Godavari Basin

India's Reliance Industries Ltd has shut down an offshore oil and gas field on the eastern coast of India, the company said in a statement on Friday, after seeing a natural decline…

Tullow to Pay Seadrill $254 mln Over Ghana Dispute

Photo courtesy of Seadrill

A London judge ordered Tullow Oil to pay rig owner Seadrill around $254 million saying Tullow was wrong to end a rig contract in Ghana on grounds of force majeure over a maritime dispute…

CNOOC: Stampede GoM Project Starts Output

File image: A typical offshore Gulf of Mexico oil installation (CREDIT: Mike Mareen)

Chinese offshore oil and gas company CNOOC Ltd said on Tuesday production at its Stampede deepwater oil and gas field in the U.S. Gulf of Mexico has started. Subsidiaries of CNOOC, Hess Corp…

Shell OKs First UK North Sea Project in Six Years

File Image: a Shell FLNG underway to its next assignment. CREDIT: Shell

Shell approves Penguins expansion; project projected to generate profit even at sub-$40 oil prices. Royal Dutch Shell gave the green light on Monday for an expansion of the Penguins oil and gas field in the UK North Sea…