Oil & gas news
CNOOC orders MacGregor pull-in system for a deepwater floating production unit in the South China Sea
The order is booked into Cargotec’s third quarter of 2019 order intake and delivery will take place during 2020.
Much at stake as Russia and Ukraine meet in Brussels, says Rystad Energy
Rystad Energy has outlined three possible scenarios for Russia’s largest gas conduit to Europe beyond 2020.
KrisEnergy signs binding offer letter for sale of Andaman II production sharing contract
The Andaman II PSC is an exploration block over the North Sumatra Basin covering an area of 7400 km2.
Wood Mackenzie: Orca-1 discovery could make Mauritania and Senegal major LNG hub
Orca-1 is the third-largest discovery made so far this year, and the largest deepwater find.
Spirit Energy raises production from Chiswick field
First gas from a new well at Spirit Energy’s Chiswick field in the Southern North Sea was achieved in July 2019 and has added up to an additional 25 million ft3/d of gas to the field.
Lundin Petroleum finalises plan to electrify Edvard Grieg platform
Lundin Norway is the operator of the Edvard Grieg platform with a 65% working interest and the partners are OMV Norge and Wintershall DEA with 20 and 15% working interests respectively.
Peterson renews contract with Premier Oil with eight figure deal
Peterson has worked with Premier since 2010 providing integrated logistics services to support its North Sea activity.
N-Sea Celebrates Successful Year End in Middle East
N-Sea has celebrated a successful end to 2019 for its Dubai division, with contract awards exceeding US$15 million, as well as significant growth of its workforce.
American natural gas and oil development continues growth as major revenue generator for education and conservation funding nationwide
The Department of the Interior’s Office of Natural Resources Revenue (ONRR) reported that revenues generated from energy development on federal lands increased by US$2.76 billion dollars over fiscal year 2018.
GlobalData: Norway has highest number of oil and gas discoveries in 3Q19
Of the 38 global oil and gas discoveries made in 3Q19, six were located in Norway.