Federal Waters

Johan Castberg Construction Begins At Stord

Norwegian minister of petroleum and energy, Kjell-Børge Freiberg, will start cutting the first sheet for the topside of the Johan Castberg vessel at Kværner's yard at Stord on Nov. 21.

November 21, 2018

Hess, Exxon Mobil Prep For More Exploration Offshore Guyana

Discoveries made so far offshore Guyana are expected to lead to a gross production of more than 750,000 barrels of oil per day by 2025.

October 31, 2018

Baker Hughes Predicts Oil Market Growth, Misses On Profit

Baker Hughes, General Electric Co's oilfield services arm, said on Oct. 30 it expected higher rig count in North American and international markets in 2019.

October 30, 2018

BP Receives OGA Approval To Develop Alligin Field In North Sea

BP on Oct. 22 confirmed it has received approval from the Oil and Gas Authority (OGA) to proceed with the Alligin development west of Shetland.

October 22, 2018

Petronas Buys 10% Stake In Oman's Al Khazzan Field

Malaysia's Petroliam Nasional Berhad (Petronas) said on Oct. 21 its subsidiary would buy a 10% stake in Oman's Al Khazzan gas field.

October 22, 2018

Petronas Buys 10% Stake In Oman's Al Khazzan Field

Malaysia's Petroliam Nasional Berhad (Petronas) said on Oct. 21 its subsidiary would buy a 10% stake in Oman's Al Khazzan gas field.

October 22, 2018

Poland's PGNiG To Buy Stake In Norwegian Gas Field From Equinor

State-run Polish gas firm PGNiG has agreed to buy Equinor's 42.38% stake in the Tommeliten Alpha gas and condensate field on the Norwegian Continental Shelf for $220 million, as part of its plan to diversify supplies, PGNiG said on Oct. 18.

October 18, 2018

First Unmanned Platform On Norwegian Continental Shelf Comes Onstream

The Oseberg Vestflanken 2 field in the North Sea came onstream on Oct. 14

October 15, 2018

Anadarko Shuts Two GoM Platforms Ahead Of Hurricane

The company pulled workers from the Horn Mountain oil platform and Marlin oil and natural gas platform, located 161 km (100 miles) and 121 km (75 miles), respectively, southeast of Louisiana in the GoM.

September 4, 2018

Offshore Wind Energy Market Projected To Exceed $60 Billion By 2024

Northern Europe and Germany have been the leaders in wind farms constructed offshore, but U.S. and China are gaining ground.

August 28, 2018