OGUK warns of "fragile outlook" for the UK's offshore sector
The fall in oil and gas prices and the impact of the coronavirus has led to the industry body to call for government support.
Offshore & subsea
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Construction of UK subsea engineering facility begins
Express Engineering's subsea engineering assembly and test centre is due to come onstream in late 2020.
Unity to provide Spirit Energy with well integrity services
Unity will maintain wellhead equipment across twelve platforms in the East Irish Sea, Southern North Sea and the Dutch sector of the North Sea.
Weatherford works with IOC to save rig days and money in Gulf of Mexico operation
By sidetracking from a collapsed expandable liner, the re-entry operation eliminated the time and cost associated with re-drilling and re-casing a 3000-ft hole.
BW Offshore leases BW Pioneer FPSO for Gulf of Mexico work
BW Offshore has signed a five-year contract for the lease and operation of the BW Pioneer FPSO on the Cascade and Chinook fields on behalf of MP Gulf of Mexico.
Stinger Technology awarded R&D contract by Neptune Energy
The contract is for the development, qualification and field trials of autonomous inspection/intervention subsea drones.
W&T Offshore to reduce 2020 capital budget
The company has reduced its estimate of 2020 capital expenditures to US$15 million to US$25 million from its prior level of US$50 million to US$100 million.
Lundin Petroleum makes oil and gas discoveries in Norwegian North Sea
The discoveries were made at the Evra and Iving exploration well, close to the Balder and Ringhorne field.
Capricorn Norge receives drilling permit
The Norwegian Petroleum Directorate has granted the company a permit for well 35/8-7S in production licence 880.
Jersey Oil & Gas to lead Greater Buchan Area evaluation
The wider Greater Buchan Area in the UK North Sea contains discovered oil and gas resources in excess of 200 million boe.
Neptune Energy confirms discovery in UK Central North Sea
Hydrocarbons were encountered at the Isabella exploration well, with 64 m net pay encountered, consisting of lean gas and condensate and high-quality light oil.
CNOOC makes oil discovery in Bohai Bay
The Kenli 6-1 discovery is expected to be the first large-sized oilfield in the Laibei lower uplift.
Carnarvon Petroleum: Dorado field work progressing
Carnarvon Petroleum and Santos, the operator of the offshore Dorado field, are working on entering the FEED phase.
Majority of Norwegian continental shelf projects completed within budget, according to report
A review of 66 projects on the Norwegian continental shelf (NCS) between 2007– 2018 has revealed that most have kept their estimated costs.
TechnipFMC delays separation
The company's separation into TechnipFMC and Technip Energies has been delayed by the Covid-19 pandemic, the sharp decline in commodity prices, and the heightened volatility in global equity markets.