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.
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.
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.
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.
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.
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.
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.
First Unmanned Platform On Norwegian Continental Shelf Comes Onstream
The Oseberg Vestflanken 2 field in the North Sea came onstream on Oct. 14
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.
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.